$949,000

Estimated payment $6,766/month

Total Views 5,460
15 Beds
3.5 Baths
3,100 Sq Ft
$306 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to Brighton Beach
  • Heating System Uses Steam
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A
  • Multiple cooling system units
  • Back Yard

About This Home

Prime Location! Great Investment Opportunity! Detached 15 Unit SRO located on Brighton 7th Street right off of Brighton Beach Avenue. Fully Gut Renovated back in 2013 and well maintained. Property is in excellent condition, all units are occupied. Each unit has a sink and cabinets, 3 shared bathrooms and 2 shared kitchens in the building, all occupants are registered with DHCR. Rent Roll and Expenses are furnished upon request. R6 zoning on a 25x100. Close to Brighton Beach shopping, beach, schools, B/Q Train and all.

Listing Agent

Peter Pan

RE/MAX Edge License #10401215383 Listed on: 01/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,264

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 15 Bedrooms

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Block 8676

Community Details

Overview

  • 15 Units

Building Details

  • Fuel Expense $8,717
  • Insurance Expense $3,158
  • Utility Expense $7,500
  • Gross Income $142,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,264

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1197
  • Building Length: 63.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ocean View Av
  • Cross Street Name2: Brighton Beach Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 15
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 3100
  • Building Stories: 2
  • Street Name I D X: Brighton 7th
  • Street Number I D X: 3032
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 15
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 55
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 8717.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 43691.00
  • Annual Gross Income: 142620
  • Insurance Expense: 3158.00
  • Unit Count: 15
  • Annual Utility Expenses: 7500.00

Tax Info

  • Flip Tax Amount: 19264.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $21,108 $210,600 $33,750 $176,850
2024 $21,108 $182,250 $33,750 $148,500
2023 $18,934 $154,350 $33,750 $120,600
2022 $19,876 $181,350 $33,750 $147,600
2021 $18,791 $161,550 $33,750 $127,800
2020 $8,814 $154,350 $27,000 $127,350
2019 $17,094 $154,350 $27,000 $127,350
2018 $16,198 $150,300 $27,000 $123,300
2017 $15,259 $135,000 $27,000 $108,000
2016 $15,350 $127,800 $27,000 $100,800
2015 $13,148 $110,250 $27,000 $83,250
2014 $13,148 $113,400 $13,500 $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $949,000 -5.0% $306 / Sq Ft
05/08/2025 05/08/25 For Sale $999,000 0.0% $322 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $999,000 -- $322 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $480,000 --
Source: Public Records

Similar Homes in Brooklyn, NY

  • 299 Troutman St, Brooklyn, NY 11237

    $938,888

    • 16 Beds
    • 8 Baths
    • 6,500 Sq Ft
    • 299 Troutman St
    • Brooklyn, NY

    This property is currently under the HPD 7A Program, a city-managed program for buildings that have had serious management or repair issues in the past. Buyers are strongly encouraged to research what the 7A program involves and speak with their attorney to understand the responsibilities and future options. The property will be sold as-is, including all existing HPD violations and

    Joe Zhu RE/MAX Edge

    Section Image
  • 2867 W 17th St, Brooklyn, NY 11224

    $1,150,000

    • 13 Beds
    • 6 Baths
    • 5,280 Sq Ft
    • 2867 W 17th St
    • Brooklyn, NY

    Great investment opportunity. 3 stories attached 6 family in Prime Coney Island. Good condition. R6 zoning. 20 x 88 sqft building on 20 x 118 lot. Full and unfinished basement with separated entrance. Total of 6 units in the building. One unit on the first floor is vacant. Closed to Coney Island - Stillwell Ave station with D, F, N and Q train available. Buses B36, B74 and B82 in the area.

    Xi Xian Pan ProBase Real Estate

    Section Image
  • 475 16th St, Brooklyn, NY 11215

    $999,000

    • 16 Beds
    • 8 Baths
    • 6,840 Sq Ft
    • 475 16th St
    • Brooklyn, NY

    Windsor Terrace - Location! Location! Location! Prime location only minutes from Prospect Park, historic Farrell's Bar and all that historic Windsor Terrace has to offer! Investor Special - Low rents. Only 1 unit is rent controlled. Priced to Sell!! Unlimited growth and development potential! Call today! Being sold "AS IS"!

    Robert Tracey

    Section Image

Source: Brooklyn Board of REALTORS®

MLS Number: 488326

Brooklyn Board of REALTORS®

APN: 08676-0055