$1,369,000

Estimated payment $8,059/month

Total Views 1,148
10 Beds
6 Baths
2,960 Sq Ft
$462 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A-
  • Back and Front Yard

About This Home

An exceptional opportunity to own a well-maintained, all-brick six-family building in the heart of Sunset Park, one of Brooklyn’s most desirable and high-demand neighborhoods. This solid income-producing property features a well-balanced unit mix of two spacious 1-bedroom apartments and four comfortable 2-bedroom apartments, offering strong rental appeal and long-term stability. A full basement provides generous storage and potential for additional use. Major capital improvements have already been completed, offering peace of mind to the next owner, including a brand-new roof, new heating system, new boiler, and updated electrical systems. Perfect for investors looking to expand their portfolio or secure a reliable, income-generating asset, this property is ideally situated near public transportation, shopping, schools, hospitals, and the iconic Sunset Park. A rare opportunity in a prime Brooklyn location—don’t miss it.

Listing Agent

Allen Luo

Kirin Real Estate LLC Listed on: 01/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,395

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,960 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 821

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $5,000
  • Gross Income $109,716
  • Net Operating Income $66,522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,395

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 74.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Ave
  • Cross Street Name2: 3rd Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2960
  • Building Stories: 3
  • Street Name I D X: 55th
  • Waterfront Present: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 10
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 68
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Rental Info

  • Rent Income: 9143

Multi Family

  • Annual Gross Expense: 92359.80
  • Annual Gross Income: 109716
  • Insurance Expense: 5000.00
  • Property Net Operating Income: 66521.66
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 11395.00

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 $11,359 $389,250 $4,500 $384,750
2024 $11,359 $324,540 $4,500 $320,040
2023 $10,321 $270,450 $4,500 $265,950
2022 $9,534 $225,450 $4,500 $220,950
2021 $8,501 $180,315 $4,500 $175,815
2019 $8,756 $145,800 $4,500 $141,300
2018 $8,232 $64,723 $2,397 $62,326
2017 $7,624 $59,944 $2,498 $57,446
2016 $7,156 $55,506 $2,891 $52,615
2015 $4,646 $55,506 $3,469 $52,037
2014 $4,646 $53,761 $4,042 $49,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $1,369,000 -- $463 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 498062

Brooklyn Board of REALTORS®

APN: 00821-0068