NOT LISTED FOR SALE
12 Beds
6 Baths
5,549 Sq Ft
2,283 Sq Ft Lot

Sale Details

Date Sold: September 30, 2025

Last sale price $1,380,000 $249 Per Sq Ft

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

2,283 Sq Ft Lot

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

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
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

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 $19,616 $571,050 $5,400 $565,650
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

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