229 65th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $9,654/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back Yard
- 2 Car Detached Garage
About This Home
SUNSET PARK SOLID BRICK SEMI-DETACHED 5 FAMILY + STORE/OFFICE MIXED USE BUILDING(FREE MARKET RENTS) + SHARED DRIVEWAY + 2 PRIVATE GARAGES FOR CONVENIENT PARKING OR EXTRA RENTAL INCOME- IDEALLY SITUATED IN A MOST DESIRABLE LOCATION ON THE SUNSET PARK/BAY RIDGE BORDER... A TRULY INCREDIBLE INVESTMENT OPPORTUNITY WITH ULTRA-HIGH RENTAL INCOME, AND MORE POTENTIAL UPSIDE... THIS PRIME PROPERTY IS CURRENTLY SETUP AS: TWO (3) BEDROOM APARTMENTS + THREE (2) BEDROOM APARTMENTS + STOREFRONT/OFFICE SPACE + FULL BASEMENT WITH SEPARATE ENTRANCE + 2 PARKING GARAGES, ON A 25x100 LOT SIZE... DON'T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS...
Listing Agent
RE/MAX Real Estate Professionals License #40AP1037712 Listed on: 01/04/2026
Property Details
Property Type
- Other
Est. Annual Taxes
- $10,911
Year Built
- Built in 1911
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back Yard
- Property is zoned M1-1
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 3,600 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Laminate
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Detached Garage
- Shared Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5816
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $5,000
- Insurance Expense $7,000
- Gross Income $178,000
- Net Operating Income $150,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,772 | $373,500 | $45,000 | $328,500 |
| 2025 | $10,911 | $311,400 | $45,000 | $266,400 |
| 2024 | $10,911 | $259,650 | $45,000 | $214,650 |
| 2023 | $10,360 | $283,950 | $45,000 | $238,950 |
| 2022 | $9,573 | $288,000 | $45,000 | $243,000 |
| 2021 | $8,890 | $265,500 | $45,000 | $220,500 |
| 2019 | $8,467 | $293,850 | $45,000 | $248,850 |
| 2018 | $8,263 | $64,966 | $10,864 | $54,102 |
| 2017 | $7,655 | $60,187 | $1,208 | $58,979 |
| 2016 | $7,187 | $55,745 | $1,267 | $54,478 |
| 2015 | $4,664 | $55,727 | $1,520 | $54,207 |
| 2014 | $4,664 | $51,643 | $1,143 | $50,500 |
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 |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Price Changed | $1,588,000 | -0.1% | $441 / Sq Ft |
| 01/05/2026 01/05/26 | Price Changed | $1,590,000 | -0.3% | $442 / Sq Ft |
| 01/04/2026 01/04/26 | For Sale | $1,595,000 | -6.1% | $443 / Sq Ft |
| 05/25/2025 05/25/25 | Price Changed | $1,699,000 | -5.6% | $472 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $1,799,000 | -- | $500 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | -- | |
| Bargain Sale Deed | $165,000 | Stewart Title Insurance Co |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Unknown | |
| Closed | $200,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 498068
APN: 05816-0065
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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.
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