NOT LISTED FOR SALE
-- Bed
6 Baths
3,900 Sq Ft
2,067 Sq Ft Lot

Sale Details

Date Sold: March 8, 2022

Last sale price $1,250,000 $321 Per Sq Ft

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Back Yard
  • P.S. 102 The Bayview School Rated A

About This Home

As of March 2022

Absolutely Great investment opportunity, Six Families in Heart of Bay Ridge Close to Train and all shopping stores.

Building size 20.67 ft x 75 ft
Lot size 20.67 ft x 100 ft

5 two bedrooms
1 one bedroom
Full basement great for storage ( Extra Income )

current Gross income $102,840
Current Expenses $30,000
Net income $72,000

Potential gross income $115,560
Expenses $30,000
Potential net income $85,560

Excellent Investment!! call now for more info and legal rents of All apartments!!


PRESENT ALL OFFERS!! PRICED TO SELL!!!

Last Agent to Sell the Property

Qais Shawabkeh

Deera Realty Group Listed on: 10/18/2021

Last Buyer's Agent

Qais Shawabkeh

Deera Realty Group Listed on: 10/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,496

Year Built

  • Built in 1914

Lot Details

  • 2,067 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 3,900 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5891

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $2,700
  • Gross Income $102,000
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,496

Year Built

Built in 1914

Lot Details

2,067 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 75.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Av
  • Cross Street Name2: 4th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 3900
  • Building Stories: 3
  • Street Name I D X: Ovington
  • Year Built: 1914
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2067

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 29
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Rental Info

  • Rent Income: 102000

Multi Family

  • Annual Gross Expense: 30000.00
  • Annual Gross Income: 102000
  • Insurance Expense: 2700.00
  • Property Net Operating Income: 72000.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 17496.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/08/2022 03/08/22 Sold $1,250,000 -- $321 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
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 $21,460 $482,850 $8,100 $474,750
2025 $19,874 $414,000 $8,100 $405,900
2024 $19,874 $370,800 $8,100 $362,700
2023 $18,056 $343,350 $8,100 $335,250
2022 $18,009 $350,100 $8,100 $342,000
2021 $17,496 $315,450 $8,100 $307,350
2019 $15,422 $331,650 $8,100 $323,550
2018 $14,401 $113,227 $2,721 $110,506
2017 $14,401 $113,227 $3,145 $110,082
2016 $14,144 $109,714 $3,452 $106,262
2015 $8,775 $101,588 $3,833 $97,755
2014 $8,775 $94,065 $2,884 $91,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456479

Brooklyn Board of REALTORS®

APN: 05891-0029

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