$1,419,000
PENDING

Estimated payment $8,388/month

Total Views 2,296
-- 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
2026 $8,499 $131,220 $15,060 $116,160
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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