$1,888,000

Estimated payment $11,033/month

Total Views 1,280
-- Bed
-- Bath
4,000 Sq Ft
$472 Price per Sq Ft

Highlights

  • 1,600 Sq Ft lot
  • Wood Flooring
  • Multiple cooling system units
  • P.S. 229 Dyker Rated A
  • Ceiling height of 10 feet or more
  • 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

  • $8,949

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
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Steam
  • 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 $8,156
  • Utility Expense $2,200
  • Gross Income $1,087,200

Property Details

Property Type

Other

Est. Annual Taxes

$8,949

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1300
  • 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
  • Street Number I D X: 1560
  • 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: Attached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 39
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 2
  • 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: 90600

Multi Family

  • Annual Gross Expense: 77736.00
  • Annual Gross Income: 1087200
  • Insurance Expense: 8156.00
  • Unit Count: 1
  • Annual Utility Expenses: 2200.00

Tax Info

  • Flip Tax Amount: 8949.00

Map

Range of Values:

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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 $8,443 $126,120 $15,060 $111,060
2024 $8,443 $105,540 $15,060 $90,480
2023 $8,054 $115,080 $15,060 $100,020
2022 $7,831 $104,460 $15,060 $89,400
2021 $8,221 $95,400 $15,060 $80,340
2020 $6,166 $64,560 $15,060 $49,500
2019 $7,328 $64,560 $15,060 $49,500
2018 $6,737 $33,048 $8,124 $24,924
2017 $6,663 $32,688 $8,618 $24,070
2016 $6,508 $32,554 $10,304 $22,250
2015 $3,719 $30,943 $11,750 $19,193
2014 $3,719 $29,192 $13,298 $15,894
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 0.0% $547 / Sq Ft
10/05/2018 10/05/18 Rented $3,200 -- --
06/19/2018 06/19/18 Under Contract -- -- --
Source: Brooklyn Board of REALTORS®

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494139

Brooklyn Board of REALTORS®

APN: 06429-0039