$1,900,000

Estimated payment $12,242/month

Total Views 966
-- Bed
-- Bath
2,600 Sq Ft
$731 Price per Sq Ft

Highlights

  • Wood Flooring
  • James Madison High School Rated A-
  • Heating System Uses Steam

About This Home

This two-story mixed-use corner property is ideally situated at the intersection of 65th Street and 24th Avenue. The first floor features two commercial stores, currently occupied by a grocery store and a car service. In addition, there are three residential apartments spread across the first and second floors. Two units feature 1 bedroom and 1 full bathroom while the third unit features 2 bedrooms and 1 full bathroom. As a corner lot, the property benefits from dual exposure on both 65th Street and 24th Avenue, enhancing visibility and foot traffic. Conveniently located near MTA subway stations and surrounded by a variety of retail businesses, this is an excellent opportunity for investors seeking strong income potential in a high-demand area.

Listing Agent

Ronald Chui

Momentum Real Estate LLC Listed on: 05/13/2025

Co-Listing Agent

Kevin Lam

Momentum Real Estate LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,741

Year Built

  • Built in 1931

Lot Details

  • 2,233 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Property is zoned R4-1

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 6559

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $5,900
  • Gross Income $90,000

Property Details

Property Type

Other

Est. Annual Taxes

$20,741

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1300
  • Building Length: 65.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 23rd Av
  • Cross Street Name2: 24th Av
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 7500
  • Fill Sq Ft Total: 2600
  • Building Stories: 2
  • Street Name I D X: 65th
  • Street Number I D X: 2383
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2233

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Flat

Utilities

  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas, Other

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R4-1

Multi Family

  • Annual Gross Expense: 35641.00
  • Annual Gross Income: 90000
  • Insurance Expense: 5900.00
  • Unit Count: 5

Tax Info

  • Flip Tax Amount: 20741.00

Map

Range of Values:

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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 $20,741 $292,050 $8,100 $283,950
2024 $20,741 $262,800 $8,100 $254,700
2023 $19,212 $243,450 $8,100 $235,350
2022 $17,370 $246,150 $8,100 $238,050
2021 $15,894 $289,215 $8,100 $281,115
2020 $15,894 $280,800 $8,100 $272,700
2019 $15,968 $233,820 $8,100 $225,720
2018 $15,035 $118,206 $4,914 $113,292
2017 $13,923 $109,469 $5,052 $104,417
2016 $13,068 $101,362 $5,154 $96,208
2015 $8,484 $101,362 $5,737 $95,625
2014 $8,484 $98,166 $6,425 $91,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $1,899,999 0.0% $731 / Sq Ft
05/13/2025 05/13/25 For Sale $1,900,000 -- $731 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $378,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $262,500 Commercial
Previous Owner $156,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 492665

Brooklyn Board of REALTORS®

APN: 06559-0043