$1,095,000
PENDING

Estimated payment $7,506/month

Total Views 3,006,269
-- Bed
6 Baths
5,610 Sq Ft
$195 Price per Sq Ft

Highlights

  • Granite Flooring
  • 3-minute walk to Seneca Avenue
  • Community Storage Space
  • Multiple cooling system units
  • Baseboard Heating
  • Secure Lobby

About This Home

Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.

Listing Agent

Alex Verdov

eXp Realty BKNY Listed on: 03/17/2025

eXp Realty BKNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,032

Year Built

  • Built in 1930

Lot Details

  • 2,742 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Full Bathrooms
  • 5,610 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Concrete
  • Granite

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service

Listing and Financial Details

  • Tax Block 3452

Community Details

Overview

  • 6 Units

Amenities

  • Secure Lobby
  • Community Storage Space

Building Details

  • Insurance Expense $2,900
  • Utility Expense $2,500
  • Gross Income $108,528
  • Net Operating Income $63,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,032

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Total Bathrooms: 6.00
  • Borough: Queens
  • Building Footprint Sq Ft: 1904
  • Building Length: 68.00
  • Building Width: 28.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cypress Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Rent Income Period: 2024
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 5610
  • Building Stories: 3
  • Street Name I D X: Linden
  • Street Number I D X: 1708
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Concrete, Granite, Hardwood
  • Lot Sq Ft: 2742
  • Total Rooms: 24

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 10
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R6B

Rental Info

  • Rent Income: 108528

Multi Family

  • Annual Gross Expense: 44980.00
  • Annual Gross Income: 108528
  • Insurance Expense: 2900.00
  • Property Net Operating Income: 63547.00
  • Unit Count: 6
  • Annual Utility Expenses: 2500.00

Tax Info

  • Flip Tax Amount: 19032.00

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

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $1,095,000 -2.7% $195 / Sq Ft
04/22/2025 04/22/25 Price Changed $1,125,000 -2.2% $201 / Sq Ft
03/17/2025 03/17/25 For Sale $1,150,000 -- $205 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
Source: Brooklyn Board of REALTORS®

About the Listing Agent

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Source: Brooklyn Board of REALTORS®

MLS Number: 490071

Brooklyn Board of REALTORS®

APN: 03452-0010