NOT LISTED FOR SALE

32 Fountain Ave Unit BUILDING Brooklyn, NY 11208

East New York Neighborhood
12 Beds
7 Baths
6,900 Sq Ft
2018 Built

Last Sold October 28, 2022

Last sale price $2,064,000 $299 Per Sq Ft

97 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • 5-minute walk to City Line Park

About This Home

As of October 2022

32 Fountain Ave

Investors Dream! Cap rate of 5.8%! Welcome to 32 Fountain Ave, a beautiful brick and stucco new construction building comprising of 7 free market rental units, and 5 parking spots! The building is 100% occupied, and is approximately 6,900 square feet.

The apartment breakdowns are as follows:
One 3 bedroom unit
Three 2 bedroom units
Three 1 bedroom units

All of the apartments are fully renovated with modern appliances and finishes, including their own Fujitsu split HVAC system, hardwood floors, dishwashers, granite counter tops, oven, bathtubs, walk-in closets, double pane windows, intercoms, and much more.

Building is conveniently located near the A and J trains, buses, the Highland Park Community Garden, banks, grocery stores, deli's bars, movie theaters, pharmacies, restaurants, and other desirable services.

Full rent roll and expenses are available for interested parties.

32 Fountain Ave

Last Agent to Sell the Property

Shabir Ahmad

Corcoran Group License #10401294172 Listed on: 01/27/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,276

Year Built

  • Built in 2018 | Newly Remodeled

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 6,900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Full Bathrooms

Community Details

  • No Home Owners Association
  • 7 Units
  • East New York Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,276

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East New York
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 6900.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 12

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 7
  • Total Stories: 3
  • Year Built: 2018

Tax Info

  • Tax Block: NA
  • Tax Annual: 57276.0

Range of Values:

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Average Value
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List Price
Sold Price
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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
10/28/2022 10/28/22 Sold $2,064,000 -6.2% $299 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $2,200,000 -- $319 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shabir Ahmad

    Seller's Agent in 2022

    Shabir Ahmad

    Corcoran Group

    (929) 327-5878

    1 in this area

    1 Total Sale

    Shabir Ahmad
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10806303

Real Estate Board of New York (REBNY)

APN: 04154-0061

New York Kings County Brooklyn 11208 East New York

32 Fountain Ave Unit BUILDING, Brooklyn, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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