$1,650,000

Estimated payment $9,306/month

Total Views 2,861
9 Beds
4 Baths
3,885 Sq Ft
$425 Price per Sq Ft

Highlights

  • Wood Flooring
  • 5-minute walk to 59 Street (N,R Line)
  • Baseboard Heating
  • Junior High School 227 Edward B Shallow Rated A-
  • Back, Front, and Side Yard
  • 5-minute walk to John Allen Payne Playground

About This Home

This is an excellent opportunity to own an oversized 3-family brick building with a full finished basement in the highly sought-after Sunset Park neighborhood. Meticulously maintained and in great condition, the property features 3 spacious apartments, each offering 3 nice size bedrooms, a generous formal living and dining area, and an eat-in kitchen. In total, the building includes 9 sizable bedrooms and 4 full bathrooms. Additional highlights include hardwood floors, baseboard heating, updated electrical systems, windows in every room, and a fully finished basement with a separate entrance. The building size is 20x78 feet, providing approximately 3,885 square feet of living space, and sits on a 20x112 feet lot. With 4 gas and electric meters and a low annual property tax of just $8,116, this property offers a strong investment opportunity. Don’t miss out—this one won’t last!

Listing Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 04/23/2025

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,235

Year Built

  • Built in 1909

Lot Details

  • 2,238 Sq Ft Lot
  • Lot Dimensions are 111 x 20
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,885 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5780

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $4,687
  • Insurance Expense $3,419
  • Utility Expense $1,998
  • Gross Income $79,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,235

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Length: 78.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Av
  • Cross Street Name2: 3rd Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 3885
  • Building Stories: 3
  • Street Name I D X: 60th
  • Year Built: 1909
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 9
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2238

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4686.65

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 111
  • Lot Size Width: 20
  • Zoning: R6B

Rental Info

  • Rent Income: 79800

Multi Family

  • Annual Gross Expense: 25221.15
  • Annual Gross Income: 79800
  • Insurance Expense: 3418.80
  • Annual Utility Expenses: 1997.68

Tax Info

  • Flip Tax Amount: 8234.73

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $8,116 $109,020 $18,360 $90,660
2024 $8,116 $123,780 $18,360 $105,420
2023 $8,207 $109,560 $18,360 $91,200
2022 $8,006 $132,900 $18,360 $114,540
2021 $7,962 $102,600 $18,360 $84,240
2020 $3,734 $124,380 $18,360 $106,020
2019 $7,044 $98,880 $18,360 $80,520
2018 $6,864 $33,674 $9,055 $24,619
2017 $6,812 $33,418 $9,313 $24,105
2016 $6,303 $31,528 $11,867 $19,661
2015 $3,802 $29,744 $8,685 $21,059
2014 $3,802 $28,062 $6,964 $21,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Price Changed $1,650,000 -8.3% $425 / Sq Ft
04/23/2025 04/23/25 For Sale $1,799,000 -- $463 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $135,000 --
Deed $135,000 --
Deed $60,000 --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 No Value Available
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 491064

Brooklyn Board of REALTORS®

APN: 05780-0031