$995,000

Estimated payment $5,859/month

Total Views 7,454
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Brownstone
  • P.S. 108 - Sal Abbracciamento Rated 9+
  • Forced Air Heating and Cooling System

About This Home

Investment Opportunity: Two-Family Brownstone House with Central AC and HEAT. This two-family brick house presents an excellent investment opportunity. With two floors currently occupied and generating rental income, it offers a steady stream of revenue. It can be delivered vacant. Additionally, the spacious basement holds potential for further development, enhancing the property's value. Conveniently located near various forms of public transportation and places of worship, this property holds appeal for potential tenants. Its proximity to amenities can translate into higher rental demand and increased property value over time. Consider leveraging this property's potential by exploring options to finish the basement, thereby maximizing its earning capacity. With careful planning and strategic investment, this property could serve as a lucrative addition to your portfolio. All offers welcome. Seller motivated to make a deal. Projected realistic income of $6700 a month rented out for investors. Co-broking welcomed.

Listing Agent

IDAN MOSHE

BETTER PLACE REALTY LLC Listed on: 05/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,757

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Cypress Hills Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,757

Lot Details

0

Listing Details

  • Building Style: Brownstone
  • Directions To Property: Waze and GPS
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatFuelElectric: Yes
  • HeatTypeForcedAir: Yes
  • InteriorAmps: 0
  • IsNaturalGasAvailable: Yes
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 989000
  • Number Of Stories: 2
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • PropertyTownship: Kings
  • Prop. Type: Multi-Unit (2-4)
  • PropertyZipCode: 11208
  • PropertyZoneType: 0
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • SidingStone: Yes
  • USStateAbbreviation: NY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • BasementAreaSquareFootage: 0
  • Basement Type: Full
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 5
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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Sold Price
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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 $5,757 $62,820 $6,180 $56,640
2024 $5,757 $59,760 $6,180 $53,580
2023 $5,492 $68,220 $6,180 $62,040
2022 $5,209 $55,860 $6,180 $49,680
2021 $5,491 $44,700 $6,180 $38,520
2020 $2,649 $44,520 $6,180 $38,340
2019 $4,704 $37,020 $6,180 $30,840
2018 $4,433 $22,536 $3,335 $19,201
2017 $4,133 $21,744 $4,324 $17,420
2016 $4,037 $21,744 $3,999 $17,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 For Sale $995,000 0.0% --
02/10/2025 02/10/25 Off Market $995,000 -- --
11/13/2024 11/13/24 For Sale $995,000 0.0% --
11/09/2024 11/09/24 Off Market $995,000 -- --
06/07/2024 06/07/24 Price Changed $995,000 +0.6% --
05/21/2024 05/21/24 Price Changed $989,000 -0.6% --
05/07/2024 05/07/24 For Sale $995,000 -- --
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Deed $740,000 --
Deed -- --
Deed $451,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Purchase Money Mortgage
Previous Owner $80,000 Unknown
Previous Owner $387,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $383,775 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

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Source: NY State MLS

MLS Number: 11276735

NY State MLS

APN: 03888-0012