$1,025,000

197 E 52nd St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated payment $7,054/month

Total Views 15,663
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

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

3,000 Sq Ft Lot

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

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,534 $342,450 $5,400 $337,050
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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