$1,100,000

Estimated payment $7,090/month

Total Views 46
-- Bed
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • 2-minute walk to John Allen Payne Playground
  • Junior High School 227 Edward B Shallow Rated A-
  • Heating System Uses Steam

About This Home

Excellent investment opportunity in Sunset Park Brooklyn NY. This 6-family brick building is located between 3 ave & 62 street. The property has 3 stories and 6 apartments. Lot size 20x100, huge building size 20x74. Finished basement, conveniently to 8th ave, public transportation, subway station and Staten Island. Gross annual income is more than $79,000.00. This is a great potential for long term value appreciation, great income generation from the six units is substantial and the strong demand in the area. Sold "As Is".

Listing Agent

Lai King Li

Jadestone Development Realty Listed on: 05/26/2026

Co-Listing Agent

Chi Tse

Jadestone Development Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,500

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Utilities

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

Additional Features

  • Wood Flooring
  • 6 Full Bathrooms
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Block 5789

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $8,000
  • Gross Income $79,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,500

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 74.00
  • Building Width: 20.00
  • Co List Office Mls Id: 116990
  • Co List Office Phone: (718) 676-6606
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3 ave
  • Cross Street Name2: 62 street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Street Name I D X: 62nd
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 47
  • Roof: Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20

Rental Info

  • Rent Income: 6625

Multi Family

  • Annual Gross Expense: 62352.00
  • Annual Gross Income: 79500
  • Insurance Expense: 8000.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 13500.00

Map

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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
2026 $16,048 $450,450 $5,400 $445,050
2025 $14,865 $401,850 $5,400 $396,450
2024 $14,865 $355,050 $5,400 $349,650
2023 $13,508 $335,700 $5,400 $330,300
2022 $13,043 $342,900 $5,400 $337,500
2021 $12,115 $313,200 $5,400 $307,800
2020 $12,114 $326,250 $5,400 $320,850
2019 $11,446 $326,250 $5,400 $320,850
2018 $10,774 $84,705 $1,209 $83,496
2017 $10,430 $82,002 $1,352 $80,650
2016 $9,794 $75,972 $1,418 $74,554
2015 $6,355 $75,965 $1,701 $74,264
2014 $6,355 $70,357 $1,281 $69,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $1,100,000 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 501766

Brooklyn Board of REALTORS®

APN: 05789-0047

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