$1,425,000
$35K PRICE DROP

1424 E 71st St Brooklyn, NY 11234

Bergen Beach Neighborhood

Estimated payment $9,242/month

Total Views 1,298
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

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 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. One unit will be delivered vacant, offering flexibility for personal use or rental adjustment.Additional highlights include separate gas and electric meters for each unit. Proof of funds and a pre-approval letter are required prior to scheduling a showing.
Don’t miss out on this outstanding opportunity!

Listing Agent

Majid Ilyas

BHHS Fillmore R.E. Listed on: 03/26/2026

BHHS Fillmore R.E.

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

  • 3-Story Property
  • Window Treatments
  • Finished Basement
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

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 $11,500
  • Insurance Expense $6,275
  • Utility Expense $1,200
  • Gross Income $111,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,616

Year Built

Built in 1925

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Separate Entrance, Unfinished
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 73.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 14 Ave
  • Cross Street Name2: 15 Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove, Window Treatments, Other
  • Rooms Total Level3: 8
  • Building Stories: 3
  • Street Name I D X: 71st
  • Building Style: Other
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 8
  • Flooring: Hardwood, Linoleum, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 17
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 11500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Rental Info

  • Rent Income: 9276

Multi Family

  • Annual Gross Expense: 42291.00
  • Annual Gross Income: 111422
  • Insurance Expense: 6275.00
  • Unit Count: 6
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 19616.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2026 $8,652 $53,820 $12,420 $41,400
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Price Changed $1,425,000 -2.4% --
03/26/2026 03/26/26 For Sale $1,460,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $285,000 --
Deed $610,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Purchase Money Mortgage
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500017

Brooklyn Board of REALTORS®

APN: 08392-0047

New York Kings County Brooklyn 11234 Bergen Beach

1424 E 71st St, Brooklyn, NY

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.

Brooklyn Board of REALTORS® 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.

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Majid Ilyas
Listing Agent
Majid Ilyas
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BHHS Fillmore R.E.
(929) 592-4369
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