$1,419,000
PENDING

Estimated payment $8,018/month

Total Views 2,270
-- Bed
-- Bath
4,000 Sq Ft
$355 Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling height of 10 feet or more
  • Back Yard
  • P.S. 229 Dyker Rated A
  • Baseboard Heating

About This Home

Modern Brick 2-Family + Store ? Great Income Producer! Fantastic opportunity to own a modern brick mixed-use building featuring two spacious 3-bedroom apartments, each with large rear balconies, and a street-level commercial storefront. Each apartment is in good condition, offering updated finishes, generous living space, and strong rental appeal. The ULTRA modern ground-floor store provides great additional income! This well-maintained property is a solid investment in a high-demand area, offering steady cash flow and long-term value. All units have separate heating and hot water units Perfect for investors!

Listing Agent

Joseph Madaio

RE/MAX Elite License #062805535354853 Listed on: 07/11/2025

RE/MAX Elite

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,499

Year Built

  • Built in 1920

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 10 feet or more
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6429

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $8,000
  • Utility Expense $2,000
  • Gross Income $1,006,728

Property Details

Property Type

Other

Est. Annual Taxes

$8,499

Year Built

Built in 1920

Lot Details

1,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay 11th Street
  • Cross Street Name2: 16th Avenue
  • Heat Delivery: Baseboard, Hot Water
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Building Stories: 3
  • Street Name I D X: Bath
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 1600
  • Walls: Sheet Rock

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 38
  • Roof: Asphalt/Tar, Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20

Rental Info

  • Rent Income: 83894

Multi Family

  • Annual Gross Expense: 49596.00
  • Annual Gross Income: 1006728
  • Insurance Expense: 8000.00
  • Unit Count: 1
  • Annual Utility Expenses: 2000.00

Tax Info

  • Flip Tax Amount: 8499.00

Map

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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
2025 $8,060 $126,120 $15,060 $111,060
2024 $8,060 $105,540 $15,060 $90,480
2023 $8,047 $115,080 $15,060 $100,020
2022 $7,462 $104,460 $15,060 $89,400
2021 $7,422 $95,400 $15,060 $80,340
2019 $6,995 $64,380 $15,060 $49,320
2018 $6,731 $33,019 $8,117 $24,902
2017 $6,350 $31,150 $8,213 $22,937
2016 $5,875 $29,388 $9,302 $20,086
2015 $3,544 $29,385 $11,158 $18,227
2014 $3,544 $27,867 $12,694 $15,173
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Price Changed $1,419,000 -24.8% $355 / Sq Ft
08/20/2025 08/20/25 Price Changed $1,888,000 -13.7% $472 / Sq Ft
07/11/2025 07/11/25 For Sale $2,188,000 -- $547 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494137

Brooklyn Board of REALTORS®

APN: 06429-0038

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