NOT LISTED FOR SALE
-- Bed
-- Bath
4,400 Sq Ft
1,598 Sq Ft Lot

Sale Details

Date Sold: January 6, 2020

Last sale price $2,750,000 $625 Per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to Union Street
  • Heating System Uses Steam
  • P.S. 282 Park Slope Rated A
  • Multiple cooling system units
  • 4-minute walk to Thomas Greene Playground

About This Home

As of January 2020

LOCATION EQUALS OPPORTUNITY!
Searching for the perfect investment property found in one of the hottest neighborhoods in Brooklyn?
With three newly renovated two-bedroom apartments and a well-known restaurant, the property at 255 3rd Ave in the Gowanus neighborhood offers a central location with plenty of popular shopping and dining within walking distance.
A total of four units are found in this mid-rise apartment building measuring 20 feet wide and providing 5,200 square feet of total space. Built in 1931, the building offers plenty of history and remains in great condition. The roof was recently redone and all the Mechanicals of the building are in top condition.
The building offers three beautifully-renovated 1,100-square-foot apartments with central AC/Heat, a dishwasher, and an in-unit Washer/Dryer. All three units offer an open gallery living/dining space, hardwood floors throughout, and multiple ceiling fans. Plenty of closet space is provided and both bedrooms can accommodate a queen bed with other furnishings. All three units are currently rented and have fabulous tenants..
Dating back to 1948, the restaurant space has been continuously serving diners and truly makes this investment property a unique opportunity. The space is fully compliant with New York State Laws and offers everything necessary. Currently the space is occupied by Two Toms Restaurant, but this space may also be delivered vacant, if necessary.
The location, just off the corner of 3rd Ave and Union St, provides incredible traffic levels with many other surrounding businesses, such as Whole Foods, Freaks Mill, Little Neck, Claro, and several more. Transit and commuter rail options are located just a short walk from the building, making this a prime location in the Gowanus neighborhood for tenants.
The building is completely free and clear offering the perfect opportunity for the right investor.

Last Agent to Sell the Property

Melanie Kishk

Century 21 MK Realty Listed on: 08/26/2019

Co-Listed By

Jack Kishk

Century 21 MK Realty

Last Buyer's Agent

Joe Cruz

Revived Residential

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,530

Year Built

  • Built in 1931

Lot Details

  • 1,598 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned M1-2

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Concrete

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 3 Units
  • Insurance Expense $4,200

Listing and Financial Details

  • Tax Block 441

Property Details

Property Type

Other

Est. Annual Taxes

$17,530

Year Built

Built in 1931

Lot Details

1,598 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 57.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117880
  • Co List Office Phone: (718) 627-7390
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Fire - Smoke Alarm, Kitchen, Restrooms - Public
  • Confirmed By M L S Y N: Yes
  • Cross Street: Union St
  • Cross Street Name2: President St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4400
  • Building Stories: 4
  • Street Name I D X: 3
  • Year Built: 1931
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Concrete, Hardwood
  • Lot Sq Ft: 1598

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 6
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: M1-2

Multi Family

  • Insurance Expense: 4200.00
  • Unit Count: 4

Tax Info

  • Flip Tax Amount: 17530.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
01/06/2020 01/06/20 Sold $2,750,000 -- $625 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 432789

Brooklyn Board of REALTORS®
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