NOT LISTED FOR SALE
21 Beds
8 Baths
9,744 Sq Ft
1908 Built

Last Sold January 06, 2017

50 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 2-minute walk to Crown Heights-Utica Avenue

About This Home

As of January 2017

DON'T MISS this unique opportunity to invest in an income producing apartment building in the burgeoning section of Crown Heights, just one block from the Utica 3/4 subway and 1 stop from thriving Franklin Avenue. This pre-war rental building is approximately 9744 sq. ft. and is comprised of eight 3BR apartments, with great ceiling height, views and light. Six of the units are already vacant. Although this is an 'as is' property in need of a gut renovation, the seller has already replaced the boiler, water tanks and kitchen stacks. The basement is spacious with good ceiling height and can be viewed along with the vacant units. The property will be delivered with 6 vacant apartments and two rent stabilized tenants: apt 1 for $933.55 and apt 7 for $979.67. Crown Heights, which is often compared to Bedford Stuyvesant is in full-blown development. This building is a rare find and a phenomenal investment opportunity.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 28.0 x 103.0

Home Design

  • Pre War Building

Interior Spaces

  • 9,744 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 8 Full Bathrooms

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 44 / 1383

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Cross Street: Lincoln Place/Saint Johns Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 9744.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 8
  • Bathrooms Integer: 8
  • Bedrooms: 21

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 28.0 x 103.0

Building Info

  • Total Stories: 4
  • Year Built: 1908

Tax Info

  • Tax Block: 1383
  • Tax Lot: 44
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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 List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold -- -- --
08/03/2016 08/03/16 Pending -- -- --
06/14/2016 06/14/16 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

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 $21,002 $468,900 $103,500 $365,400
2024 $21,002 $585,900 $103,500 $482,400
2023 $19,080 $488,250 $103,500 $384,750
2022 $17,621 $610,200 $103,500 $506,700
2021 $16,652 $579,600 $103,500 $476,100
2019 $16,706 $540,000 $103,500 $436,500
2018 $15,908 $125,073 $13,486 $111,587
2017 $10,939 $86,008 $1,339 $84,669
2016 $10,267 $79,640 $1,367 $78,273
2015 $6,665 $79,640 $1,630 $78,010
2014 $6,665 $77,116 $1,750 $75,366
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10065908

Real Estate Board of New York (REBNY)
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