$1,550,000

250 53rd St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $9,787/month

Total Views 169,312
18 Beds
8 Baths
5,670 Sq Ft
$273 Price per Sq Ft

Highlights

  • 3,000 Sq Ft lot
  • 4-minute walk to 53 Street
  • Community Storage Space
  • IS 220 John J. Pershing Rated A
  • Multiple cooling system units
  • 3-minute walk to Martin Luther Playground

About This Home

CREATIVE FINANCING IS AVAILABLE. 8% + cap rate. Welcome to this Extra large brick, 6 Family building in prime sunset park location !This property sits on a 30x100 lot with a building sizeis 30ft wide x 63 ft deep . (6) 3 Bedroom/ 1 Bathroom units . Full high celling finished basement with saperate entrance. Seller maintained the building throughout the years so low maintenance for new buyers. New gas boiler, new commercial hot water heater, new roof with 15 year guarantee. new chimney. rear building sealed with Thoroseal. Common hallway renovated and new emergency lighting installed. New hardwired carbon monoxide and smoke detectors. new fire extinguishers throughout common hall. New boiler has smart remote control and boiler monitoring system. New high tech remote monitoring security camera system with a 6 MONTH DVR. rear fire escape in excellent condition. New concrecte aire gate area. conveniently compete those errands in a fraction of the time with the abundance of stores, shops, restaurants & Industria city !just minutes away from multiple [R & N] subway stations and bus stations.an easy commute to NYC.

Listing Agent

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 11/09/2024

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,603

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30

Home Design

Interior Spaces

  • 5,670 Sq Ft Home
  • 4-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 18 Bedrooms

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 813

Community Details

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $4,000
  • Utility Expense $700
  • Gross Income $138,228
  • Net Operating Income $107,925

Additional Features

  • 6 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,603

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1890
  • Building Length: 63.00
  • Building Width: 30.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 5670
  • Building Stories: 4
  • Street Name I D X: 53rd
  • Street Number I D X: 250
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 7
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 18
  • Flooring: Other
  • Lot Sq Ft: 3000
  • Total Rooms: 36

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 28
  • Roof: Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: M1-2D

Rental Info

  • Rent Income: 11519

Multi Family

  • Annual Gross Expense: 30303.00
  • Annual Gross Income: 138228
  • Insurance Expense: 4000.00
  • Property Net Operating Income: 107925.00
  • Annual Utility Expenses: 700.00

Tax Info

  • Flip Tax Amount: 15603.00

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/14/2024 12/14/24 Price Changed $1,550,000 -0.6% $273 / Sq Ft
11/22/2024 11/22/24 Price Changed $1,560,000 -2.5% $275 / Sq Ft
11/09/2024 11/09/24 For Sale $1,599,999 -- $282 / Sq Ft
Source: Brooklyn Board of REALTORS®

About the Listing Agent

Joe Zhu
Joe Zhu

RE/MAX Edge

(929) 356-7311

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PLEASE CALL 347-791-7011 EMAIL:joe@remaxedgeny.com

# RealTrends America’s Best Real Estate Professional Award

# Top 5 Agent In Brooklyn-Kings County[rate my agent]

# Remax Hall Of Fame Member

# Chairman's Club Award

# Platinum Club Award

# 100 % Club Award

# Social media start

#1 Transactions
*We have a nearly 5 Star Rating across all online review sites.
*We spend 53 times more on advertising our properties than the average agent,

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Source: Brooklyn Board of REALTORS®

MLS Number: 487343

Brooklyn Board of REALTORS®

APN: 00813-0028

New York Kings County Brooklyn 11220 Sunset Park

250 53rd St, Brooklyn, NY

This home is located at 250 53rd St, Brooklyn, NY 11220 and is currently priced at $1,550,000, approximately $273 per square foot. 250 53rd St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

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Brooklyn Board of REALTORS® 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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Joe Zhu
Joe Zhu
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RE/MAX Edge
(929) 356-7311