1424 E 71st St Brooklyn, NY 11234
Bergen Beach NeighborhoodEstimated payment $9,489/month
Highlights
- Wood Flooring
- Multiple cooling system units
- Back and Front Yard
- P.S. 312 Bergen Beach Rated A
- Heating System Uses Steam
About This Home
LOCATION LOCATION LOCATION! Introducing a great investment opportunity, a six-family building, in a very desirable neighborhood, Bensonhurst-Dyker Heights. All tenants are very cooperative and are paying their rents on time, one unit will be delivering vacant. The leases will be renewed soon with a rent increment where the tenants will be paying a higher rent in the upcoming year. Other features include all apartments are in excellent condition and there is an available super that takes care of the entire building when needed. There is a total 6 units, 4 of them are 1 Bedroom apartment and 2 of the units are 2 bedrooms. The property generates over 100k annual rental income with about 4%-5% CAP Rate. Separate electric meters and gas meters. All buyers must present proof of funds and approval letter before showing. IT WON'T LAST!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,615
Year Built
- Built in 1925
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 4,680 Sq Ft Home
- 3-Story Property
- Window Treatments
- Stove
Flooring
- Wood
- Linoleum
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6179
Community Details
Overview
- 6 Units
Building Details
- 6 Vacant Units
- Fuel Expense $12,000
- Insurance Expense $6,273
- Utility Expense $1,512
- Gross Income $109,439
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,656 | $61,800 | $12,420 | $49,380 |
| 2024 | $8,656 | $55,920 | $12,420 | $43,500 |
| 2023 | $8,685 | $58,260 | $12,420 | $45,840 |
| 2022 | $8,030 | $51,840 | $12,420 | $39,420 |
| 2021 | $7,976 | $47,640 | $12,420 | $35,220 |
| 2020 | $3,731 | $39,840 | $12,420 | $27,420 |
| 2019 | $7,464 | $40,440 | $12,420 | $28,020 |
| 2018 | $7,204 | $36,802 | $9,906 | $26,896 |
| 2017 | $6,778 | $34,719 | $9,858 | $24,861 |
| 2016 | $6,238 | $32,754 | $9,898 | $22,856 |
| 2015 | $4,818 | $30,900 | $13,800 | $17,100 |
| 2014 | $4,818 | $30,900 | $13,800 | $17,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $1,499,000 | -- | $320 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | -- | |
| Deed | $610,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 496744
APN: 08392-0047
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