$1,850,000
SOLD JAN 28, 2025
11 Beds
4 Baths
3,120 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$593 Per Sq Ft

5% Below List Price

32 Days on Market

Highlights

  • Baseboard Heating
  • 4-minute walk to 59 Street (N,R Line)
  • 5-minute walk to John Allen Payne Playground
  • Junior High School 227 Edward B Shallow Rated A-
  • Level Lot

About This Home

As of January 2025

Welcome to this fantastic multi-family property located in the highly desirable Sunset Park area of Brooklyn, NY. This is a rare opportunity to own a 4-unit building, with each unit offering 3 bedrooms and 1 bathroom, making it an ideal investment for families or renters seeking spacious living spaces. The property has been meticulously maintained and recently upgraded with a new boiler and water heaters, ensuring comfort and energy efficiency for all residents. With these modern amenities, tenants will enjoy a cozy and reliable living environment year-round, while minimizing utility costs for the owner. Sunset Park is known for its vibrant community, cultural diversity, and rich amenities. From beautiful parks and excellent schools to an array of shopping and dining options, this neighborhood has it all. Commuting is a breeze, with easy access to public transportation, including nearby subway stations and bus stops, providing quick connections to other parts of Brooklyn and Manhattan. For investors, this multi-family property offers an excellent opportunity for rental income, with its four separate units catering to the strong demand for housing in the area. The location's popularity and ongoing development indicate the potential for property value appreciation over time, making it a promising long-term investment. Whether you're a seasoned investor or a homeowner seeking additional income, this property presents an attractive proposition. Don't miss out on the chance to own this prime real estate in Sunset Park, Brooklyn. Contact us today to schedule a viewing and explore the exciting possibilities this property has to offer!

Last Agent to Sell the Property

Randolph Rogers

eXp Realty Brokerage Phone: (646) 523-4016 License #10301219509 Listed on: 09/05/2024

eXp Realty

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,567

Year Built

  • Built in 1923

Lot Details

  • 2,500 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 05799-0028

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,567

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1923
  • Attribution Contact: (646) 523-4016
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 1850000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 33972125.4355
  • CurrentPrice_By_BuildingAreaTotal: 592.94872
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 11
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Features: Level
  • Parcel Number: 05799-0028
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 14567
  • Tax Year: 2022

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List 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
01/28/2025 01/28/25 Sold $1,850,000 -5.1% $593 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,950,000 -- $625 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6326368

OneKey® MLS

APN: 05799-0028