$1,380,000
SOLD SEP 30, 2025
12 Beds
6 Baths
5,549 Sq Ft
2,283 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

1% Below List Price

Highlights

  • Wood Flooring
  • 5-minute walk to 59 Street (N,R Line)
  • Heating System Uses Steam
  • Junior High School 227 Edward B Shallow Rated A-
  • Multiple cooling system units
  • 3-minute walk to John Allen Payne Playground

About This Home

As of September 2025

Welcome to this rare, oversized six-family brick home located in the heart of Sunset Park, Brooklyn, offering an impressive cap rate of up to 7%! This well-maintained three-story building with a semi-finished basement features six spacious units, all with practical two-bedroom layouts and separate living rooms and kitchens. Every room—including bedrooms, living rooms, kitchens, and bathrooms—has windows, providing excellent natural light and ventilation throughout. Projected annual rental income is approximately $138,179 with low operating expenses and strong cash flow. Two units are currently vacant; rents were around $1,950 and can be adjusted to $2,000+ based on current DHCR registration and market conditions, offering value-add potential for investors or owner-occupiers. The building measures approx. 22.8 x 81 ft and sits on a 22.83 x 100 ft lot. Located just minutes from supermarkets, restaurants, N/R subway lines, multiple bus routes, and major highways—an unbeatable location for both convenience and future appreciation. This is an ideal opportunity for end-users, investors, or those looking to complete a 1031 exchange. Don’t miss out—schedule your private tour today!

Last Agent to Sell the Property

Mandy (Meijuan) Jiang

E House Realty & Mgt. Inc. Listed on: 08/08/2025

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,615

Year Built

  • Built in 1927

Lot Details

  • 2,283 Sq Ft Lot
  • Lot Dimensions are 100 x 23
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 5,549 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Basement

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

Utilities

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

Listing and Financial Details

  • Tax Block 5808

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $4,664
  • Insurance Expense $4,000
  • Utility Expense $1,007
  • Gross Income $138,179
  • Net Operating Income $7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,615

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 81.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4TH AVE
  • Cross Street Name2: 63RD ST
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 5549
  • Building Stories: 3
  • Street Name I D X: 63rd
  • Year Built: 1927
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2283

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 25
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4664.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 23
  • Zoning: R6A

Rental Info

  • Rent Income: 97966

Multi Family

  • Annual Gross Expense: 40213.00
  • Annual Gross Income: 138179
  • Insurance Expense: 4000.00
  • Miscellaneous Expense: 1000.00
  • Property Net Operating Income: 7.00
  • Unit Count: 6
  • Annual Utility Expenses: 1007.00

Tax Info

  • Flip Tax Amount: 19615.00
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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
09/30/2025 09/30/25 Sold $1,380,000 -0.6% $249 / Sq Ft
08/08/2025 08/08/25 For Sale $1,388,000 -- $250 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $18,168 $509,400 $5,400 $504,000
2024 $18,168 $449,550 $5,400 $444,150
2023 $16,510 $425,250 $5,400 $419,850
2022 $15,907 $495,450 $5,400 $490,050
2021 $14,561 $396,450 $5,400 $391,050
2020 $15,014 $435,150 $5,400 $429,750
2019 $13,988 $511,200 $5,400 $505,800
2018 $13,168 $103,532 $875 $102,657
2017 $12,751 $100,250 $984 $99,266
2016 $11,972 $92,862 $1,084 $91,778
2015 $7,819 $92,856 $1,300 $91,556
2014 $7,819 $85,989 $1,237 $84,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 494877

Brooklyn Board of REALTORS®

APN: 05808-0025