1424 E 71st St Brooklyn, NY 11234
Bergen Beach NeighborhoodEstimated payment $9,437/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Back and Front Yard
- P.S. 312 Bergen Beach Rated A
About This Home
Presenting a fantastic opportunity to own a six-unit building in the highly sought-after Bensonhurst/Dyker Heights area. This property is ideal for investors looking for steady income and future growth.The building consists of six apartments: four 1-bedroom units and two 2-bedroom units. All apartments are well-kept and in great shape. Tenants are dependable, cooperative, and current on rent payments. One unit will be delivered vacant, offering flexibility for personal use or rental adjustment.Lease renewals are approaching, allowing for rent increases that will boost overall income in the coming year. The property currently produces over $100,000 in annual rental income, with an estimated 4%–5% cap rate.Additional highlights include separate gas and electric meters for each unit, as well as an on-call superintendent who maintains the building as needed.Proof of funds and a pre-approval letter are required prior to scheduling a showing.
Don’t miss out on this outstanding opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,616
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
- 6 Full Bathrooms
- 3-Story Property
- Window Treatments
- Finished Basement
- Walk-Out Basement
- Stove
Flooring
- Wood
- Linoleum
- Tile
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- 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
- Fuel Expense $1,000
- Utility Expense $650
- Gross Income $111,312
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 |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $1,460,000 | -- | -- |
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: 500017
APN: 08392-0047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
- 1438 E 70th St
- 1384 E 70th St
- 2008 E 72nd St
- 2017 E 71st St
- 1470 Royce St
- 2033 E 68th St
- 50 Bergen Beach Place
- 2063 E 71st St
- 1467 Royce St Unit 3L
- 48 Bergen Beach Place
- 2026 E 74th St
- 1513 Royce St Unit 3K
- 1463 Royce St Unit 1I
- 2017 E 74th St
- 1904 Bergen Ave Unit 10A
- 24 Bergen Beach Place
- 1275 E 72nd St
- 1408 E 66th St
- 1253 E 70th St
- 1372 E 66th St
- 1250 E 70th St
- 2148 E 69th St
- 5816 Avenue N
- 1318 E 58th St Unit 1
- 18 Paerdegat 13th St Unit 2
- 5 Paerdegat 15th St Unit 1
- 44 Paerdegat 13th St Unit 1
- 1425 E 80th St
- 1435 E 80th St
- 5619 Avenue J
- 1464 E 86th St Unit 3
- 1800 E 52nd St Unit 2
- 839 E 57th St
- 1843 E 51st St
- 001 Avenue K Unit 2 Bedrooms Basement Studio
- 1689 E 48th St Unit 2
- 973 E 85th St
- 1792 E 48th St Unit 1
- 4616 Avenue M
- 949 E 55th St Unit 1
Ask me questions while you tour the home.