$2,600,000

Estimated payment $17,005/month

Total Views 2,445
16 Beds
16 Baths
10,720 Sq Ft
$243 Price per Sq Ft

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Back Yard
  • P.S. 236 Mill Basin Rated A
  • Heating System Uses Steam
  • 4-minute walk to Hickman Playground

About This Home

This well-maintained 4-story walk-up building features 16 spacious one-bedroom apartments, each offering hardwood floors, generous layouts, and an abundance of natural light. Over the years, the kitchens and bathrooms have been tastefully updated with modern finishes, adding both comfort and style. With strong income potential and owner financing available, this property is an ideal choice for investors looking to expand their portfolio with a stable, income-producing asset.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 05/30/2025

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,753

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 100 x 40
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5558

Community Details

Overview

  • 16 Units

Building Details

  • Fuel Expense $12,008
  • Insurance Expense $13,083
  • Utility Expense $1,416
  • Gross Income $263,973
  • Net Operating Income $182,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,753

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 3400
  • Building Length: 85.00
  • Building Width: 40.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Duryea Ct
  • Cross Street Name2: 16th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 16
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 10720
  • Building Stories: 4
  • Street Name I D X: 66th
  • Street Number I D X: 1570
  • Year Built: 1931
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 16
  • Total Bedrooms: 16
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 4020

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 12007.82

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 81281.82
  • Annual Gross Income: 263973
  • Insurance Expense: 13082.94
  • Miscellaneous Expense: 10000.00
  • Property Net Operating Income: 182690.94
  • Unit Count: 16
  • Annual Utility Expenses: 1415.79

Tax Info

  • Flip Tax Amount: 31753.00

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 $6,994 $42,720 $9,420 $33,300
2024 $6,994 $42,420 $9,420 $33,000
2023 $6,439 $44,640 $9,420 $35,220
2022 $5,978 $41,580 $9,420 $32,160
2021 $5,947 $35,220 $9,420 $25,800
2020 $5,941 $34,620 $9,420 $25,200
2019 $5,778 $34,380 $9,420 $24,960
2018 $5,326 $27,588 $7,680 $19,908
2017 $5,032 $26,154 $7,007 $19,147
2016 $4,632 $24,721 $7,701 $17,020
2015 $2,756 $24,706 $10,067 $14,639
2014 $2,756 $24,184 $9,855 $14,329
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $2,600,000 +207.7% $243 / Sq Ft
09/29/2023 09/29/23 Sold $845,000 -0.5% $679 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $849,000 -- $682 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $845,000 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $829,694 Purchase Money Mortgage
Previous Owner $320,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $25,000 No Value Available
Previous Owner $119,000 Purchase Money Mortgage
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 493085

Brooklyn Board of REALTORS®

APN: 08408-0034