$1,095,000
$55K PRICE DROP

Estimated payment $7,645/month

Total Views 2,695,580
-- Bed
6 Baths
5,610 Sq Ft
$195 Price per Sq Ft

Highlights

  • Property is near public transit
  • 3-minute walk to Seneca Avenue
  • Baseboard Heating
  • Wood Flooring

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

  • $19,029

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

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

Flooring

  • Wood
  • Tile

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,029

Year Built

Built in 1930

Lot Details

0

Listing Details

  • BuildingBasement: Yes
  • Building Style: Walk-up
  • FloorHardwood: Yes
  • FloorTile: Yes
  • HamletID: 0
  • HeatFuelGas: Yes
  • HeatTypeBaseboard: Yes
  • InteriorAmps: 200
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 1.125E6
  • Lot Size Acres: 0.06
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 3
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Ridgewood
  • Property Class: 411
  • PropertyTownship: Queens
  • Prop. Type: Multi-Unit (5+)
  • PropertyZipCode: 11385
  • PropertyZoneType: 0
  • Renovation Year: 0
  • RoofFlat: Yes
  • RoofRubber: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: NY
  • ViewStreet: Yes
  • WallWindowAC: Yes
  • WaterSourceType: Municipal
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • BasementAreaSquareFootage: 0
  • Basement Type: Partial
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 5610

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 19029

Tax Info

  • Tax Year: 2025

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
Source: NY State MLS

About the Listing Agent

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  • 3048 Brighton 4th St Unit 1, Brooklyn, NY 11235

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  • 3048 Brighton 4th St, Brooklyn, NY 11235

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    ATTENTION R6 ZONE 25 x 100 LOT! This property boasts a total annual rent of $93,600 and total annual expenses of $10,141, which include all utilities and flood insurance, resulting in a net income of $83,459. The building is currently 2 out of 3 units occupied and can be delivered vacant or occupied, depending on your preference. This is an excellent investment opportunity with no additional work

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  • 1749 E 16th St Unit 1A, Brooklyn, NY 11229

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    • Brooklyn, NY

    Discover this spacious and well-appointed 1-bedroom condo in the heart of Homecrest neighborhood. Featuring a separate kitchen, living room, and bedroom, this unit offers a comfortable and private layout. The windows are facing the east side, ensuring quiet atmosphere. This is a rare chance to own a condo at an exceptional price—there's nothing else like it on the market! Whether you're looking

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Source: NY State MLS

MLS Number: 11451973

NY State MLS

APN: 03452-0010