
2319 Avenue Z Brooklyn, NY 11235
Sheepshead Bay NeighborhoodEstimated payment $12,611/month
Highlights
- Wood Flooring
- Multiple cooling system units
- 5-minute walk to Bill Brown Memorial Playground
- Back and Side Yard
- Heating System Uses Steam
About This Home
This multi-family property is available. The building, a semi-detached, six-family brick structure, measures 21 x 80 in size with a lot size of 26 x 100. It includes 11 bedrooms and 6 full bathrooms across approximately 5,040 sqft, distributed over three stories. Constructed around 1955, the property has been well-maintained, featuring updated kitchens and bathrooms in all units, which consist of five two-bedroom units and one one-bedroom unit. Enhancements like a fully finished basement and recent updates to the furnace and water heater significantly boost the property's value.
Located in a well-connected part of Sheepshead Bay, the property enjoys excellent public transit options. The Sheepshead Bay subway station, serviced by the B and Q lines, is just minute away, offering direct access to Manhattan. Additionally, bus routes B36, B44, and BM3 provide extensive connectivity throughout Brooklyn and to other parts of New York City.
The surrounding area is vibrant and full of life, with a variety of shopping, dining, and leisure options. Avenue Z and the nearby Emmons Avenue are bustling with a range of restaurants, cafes, and shops that cater to all preferences, enriching the lifestyle for residents of the area.
This property represents a significant investment opportunity with substantial rental income potential—currently estimated at $119,312.76 annually—and the possibility of capital appreciation due to its strategic location and array of local amenities. It is an attractive option for investors seeking stable cash flow and growth in property value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,471
Year Built
- Built in 1955
Lot Details
- 2,599 Sq Ft Lot
- Lot Dimensions are 100 x 26
- Back and Side Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 5,040 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Block 7441
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $5,616
- Insurance Expense $5,769
- Utility Expense $811
- Gross Income $118,308
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Price Changed | $1,990,000 | +4.7% | $395 / Sq Ft |
06/30/2025 06/30/25 | Price Changed | $1,900,000 | -4.5% | $377 / Sq Ft |
05/12/2025 05/12/25 | Price Changed | $1,990,000 | -5.2% | $395 / Sq Ft |
02/13/2025 02/13/25 | For Sale | $2,100,000 | -- | $417 / Sq Ft |
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Source: Brooklyn Board of REALTORS®
MLS Number: 489220

APN: 07441-0533
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