$1,025,000

197 E 52nd St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated payment $6,957/month

Total Views 13,008
11 Beds
6 Baths
5,796 Sq Ft
$177 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • 1 Car Attached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Hot Water Heating System
  • Back Yard

About This Home

East Flatbush 6 Family Semi Detached Brick, Excellent Condition, Great Investment, Two Apartments will be delivered Vacant at closing. Actual Rent Roll $6,238 Plus two Vacant Apartments can be rented for $3,250. This property can produce a yearly income over $113,856.

Listing Agent

Turgot Solages

Master Plan Real Estate Corp. Listed on: 04/12/2024

Co-Listing Agent

Schumann Solages

Master Plan Real Estate Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,200

Year Built

  • Built in 1931

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Pitched Roof
  • Slate Roof
  • Masonry

Interior Spaces

  • 5,796 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4639

Community Details

Overview

  • 6 Units

Building Details

  • 3 Vacant Units
  • Fuel Expense $4,500
  • Insurance Expense $6,200
  • Utility Expense $2,500
  • Gross Income $112,380
  • Net Operating Income $73,881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,200

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Partial, Separate Entrance
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 84.00
  • Building Width: 23.00
  • Co List Office Mls Id: 112040
  • Co List Office Phone: (718) 252-6700
  • Confirmed By M L S Y N: Yes
  • Cross Street: Lenox Road
  • Cross Street Name2: Clarkson Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water, Steam/Radiator
  • Number Of Available Units: 3
  • Number Of Families: 6
  • Parking Attributes: 1 Space, Attached Garage
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Rent Income Period: 12
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 9
  • Fill Sq Ft Total: 5796
  • Building Stories: 3
  • Street Name I D X: 52nd
  • Building Style: High Ranch
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick, Masonry
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 40
  • Roof: Flat, Pitched, Slate

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Electric, Oil
  • Hot Water: Electric, Gas

Fee Information

  • Annual Fuel Expense: 4500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R6

Rental Info

  • Rent Income: 112380

Multi Family

  • Annual Gross Expense: 38499.00
  • Annual Gross Income: 112380
  • Insurance Expense: 6200.00
  • Miscellaneous Expense: 950.00
  • Property Net Operating Income: 73881.00
  • Unit Count: 6
  • Annual Utility Expenses: 2500.00

Tax Info

  • Flip Tax Amount: 18200.00

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
2025 $19,016 $285,300 $5,400 $279,900
2024 $19,016 $300,780 $5,400 $295,380
2023 $18,658 $250,650 $5,400 $245,250
2022 $18,033 $259,200 $5,400 $253,800
2021 $16,741 $239,850 $5,400 $234,450
2019 $14,861 $218,700 $5,400 $213,300
2018 $14,881 $117,000 $3,467 $113,533
2017 $14,420 $113,374 $3,779 $109,595
2016 $13,533 $104,976 $4,374 $100,602
2015 $8,888 $97,200 $4,860 $92,340
2014 $8,888 $90,000 $5,400 $84,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $1,025,000 -2.3% $177 / Sq Ft
02/04/2025 02/04/25 Price Changed $1,049,000 -2.4% $181 / Sq Ft
04/12/2024 04/12/24 For Sale $1,075,000 -- $185 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 481262

Brooklyn Board of REALTORS®

APN: 04639-0040

New York Kings County Brooklyn 11203 East Flatbush

197 E 52nd St, Brooklyn, NY

For Sale

MultiFamily

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Listing Agent
Turgot Solages
Section Image
Master Plan Real Estate Corp.
(718) 252-6700