NOT LISTED FOR SALE

Estimated Value: $750,657

3 Beds
2 Baths
2,514 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2025

Last sale price $756,000 $301 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,233 / mo

Highlights

  • 2,667 Sq Ft lot
  • Heating System Uses Steam
  • Back Yard
  • Brick Front

About This Home

As of May 2025

Presenting a fully detached Class C5 multi-family property situated within desirable R6 zoning, offering exceptional versatility and strong income-producing potential, delivered completely renovated and fully vacant for immediate occupancy or investment positioning. The layout features two well-appointed one-bedroom units on the first floor (front and rear, each offering three-room configurations), a spacious full four-bedroom apartment on the second level, and the lower level showcasing a full three-bedroom residence with an open-concept floorplan. This turnkey asset is projected to generate approximately $11,000 per month, or $130,000 annually, yielding an estimated 8% cap rate-making it an outstanding opportunity for investors, including those seeking a strategic 1031 exchange. The property features a newly installed roof, upgraded stucco siding, and energy-efficient windows, complemented by meticulously designed custom kitchens and upscale, luxurious bathrooms throughout. The property has been comprehensively updated, including new electrical wiring and plumbing, and is enhanced by modern, energy-efficient mini-split heating and cooling systems for year-round comfort and performance. Additional features include a shared driveway with rear parking and private yard for entertaining. A highly convenient location near an array of restaurants, cafes, shops, gyms, medical offices, and excellent transportation options including the B1 and B68 bus lines, as well as the B and Q trains, with close proximity to Brighton Beach.

Last Agent to Sell the Property

Jerry Tenenbaum

Remax Top Nest Real Estate Listed on: 01/07/2025

Last Buyer's Agent

Joe Zhu

RE/MAX Edge License #10401312891

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,347

Year Built

  • Built in 1932

Lot Details

  • 2,667 Sq Ft Lot
  • Lot Dimensions are 100 x 26
  • Back Yard
  • Property is zoned R6

Home Design

  • Brick Front

Interior Spaces

  • 2,514 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 8675

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,347

Year Built

Built in 1932

Lot Details

2,667 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 53.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ocean View Avenue
  • Cross Street Name2: Brighton Beach Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2514
  • Building Stories: 2
  • Street Name I D X: Brighton 5th
  • Building Style: Duplex
  • Year Built: 1932
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: None
  • Lot Sq Ft: 2667

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Exterior: Brick Face
  • Foundation Details: Other
  • Lot Number: 66
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: None

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 12347.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
May 16, 2025
Sold by
Bought by
Seller's Agent
Jerry Tenenbaum
Remax Top Nest Real Estate
Buyer's Agent
Joe Zhu
RE/MAX Edge
List Price
$900,000
Sold Price
$756,000
Premium/Discount to List
-$144,000
-16%
Views
21
Current Estimated Value
$750,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,343

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by

Purchase Details

Closed on
May 1, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$756,000 --
-- First American Title Ins Co
-- --
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
05/02/2026 05/02/26 For Sale $1,388,000 +83.6% $552 / Sq Ft
05/16/2025 05/16/25 Sold $756,000 -16.0% $301 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $900,000 -- $358 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax 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.

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 $13,326 $226,800 $6,300 $220,500
2025 $12,347 $192,600 $6,300 $186,300
2024 $12,347 $160,650 $6,300 $154,350
2023 $11,222 $148,950 $6,300 $142,650
2022 $10,337 $153,450 $6,300 $147,150
2021 $10,223 $140,400 $6,300 $134,100
2019 $9,582 $206,640 $6,300 $200,340
2018 $8,950 $70,370 $1,716 $68,654
2017 $8,287 $65,158 $1,846 $63,312
2016 $8,400 $65,158 $2,309 $62,849
2015 $5,050 $63,079 $2,684 $60,395
2014 $5,050 $58,440 $2,487 $55,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 488391

Brooklyn Board of REALTORS®

APN: 08675-0066

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