$1,580,000

Estimated payment $8,828/month

-- Bed
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to 53 Street
  • Back Yard
  • Heating System Uses Steam

About This Home

Prime Investment Opportunity: This solid 2-family home is a high-yield asset in a rapidly appreciating neighborhood. The property features a 3-bedroom, 1-bath unit on the 1st floor and a 3-bedroom, 1-bath unit on the 2nd floor. The financials are the standout here: the property generates $10,900 in total monthly income with remarkably low overhead and property taxes of just $4,617 a year. Ideally located near local transit and major hubs, this is a turnkey-style addition to any portfolio with significant rental upside. Priced to move and ready for its next owner—don’t miss this deal.

Listing Agent

David Feng

E House Realty & Mgt. Inc. Listed on: 03/30/2026

Co-Listing Agent

Selyna Eng

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

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

Listing and Financial Details

  • Tax Block 806

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $5,500
  • Insurance Expense $5,000
  • Utility Expense $1,200
  • Gross Income $130,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,617

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 62.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117390
  • Co List Office Phone: (718) 680-2776
  • Confirmed By M L S Y N: No
  • Cross Street: 3rd Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: 52nd
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 25
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 19317.00
  • Annual Gross Income: 130800
  • Insurance Expense: 5000.00
  • Unit Count: 2
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 4617.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $4,617 $81,180 $16,500 $64,680
2024 $4,617 $88,800 $16,500 $72,300
2023 $4,632 $93,720 $16,500 $77,220
2022 $4,367 $94,980 $16,500 $78,480
2021 $4,423 $87,420 $16,500 $70,920
2020 $2,088 $85,140 $16,500 $68,640
2019 $4,007 $85,320 $16,500 $68,820
2018 $3,875 $19,008 $5,323 $13,685
2017 $3,716 $18,230 $5,018 $13,212
2016 $3,501 $17,514 $5,700 $11,814
2015 $1,855 $16,635 $6,654 $9,981
2014 $1,855 $15,963 $5,955 $10,008
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2026 03/30/26 For Sale $1,580,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $999,500 --
Deed $999,500 --
Deed $999,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $140,000 Chicago Title Insurance Co
Deed $140,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,000 Purchase Money Mortgage
Closed $795,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500031

Brooklyn Board of REALTORS®

APN: 00806-0025

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