$1,350,000

Estimated payment $7,835/month

Total Views 3,393
10 Beds
4 Baths
6,156 Sq Ft
$219 Price per Sq Ft

About This Home

This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.

Listing Agent

David Rivera

Neuhaus Realty Inc Brokerage Phone: 718-979-3400 License #10301214372 Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,800

Year Built

  • Built in 1931

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50' x 100'

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 0011 / 00180
  • Assessor Parcel Number 00180-0011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,800

Year Built

Built in 1931

Lot Details

5,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Property Condition: Estimated
  • Year Built: 1931
  • Attribution Contact: 718-979-3400
  • Carport Y N: No
  • CurrentPrice: 1350000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 219.29825
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Cooling: None
  • Heating: Hot Water, Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Dimensions: 50' x 100'
  • Lot Size Sq Ft: 5000
  • Parcel Number: 00180-0011
  • Property Attached: No
  • Additional Parcels: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8800
  • Tax Block: 00180
  • Tax Lot: 0011
  • Tax Year: 2024

Map

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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 $11,359 $269,100 $17,098 $252,002
2024 $11,359 $224,100 $19,886 $204,214
2023 $10,321 $84,140 $22,099 $62,041
2022 $9,534 $173,250 $49,050 $124,200
2021 $9,559 $138,600 $49,050 $89,550
2020 $11,168 $151,650 $49,050 $102,600
2019 $22,975 $169,650 $49,050 $120,600
2018 $8,232 $64,723 $19,929 $44,794
2017 $3,760 $59,944 $19,274 $40,670
2016 $7,728 $59,944 $21,214 $38,730
2015 $7,067 $55,506 $23,450 $32,056
2014 $7,067 $53,761 $27,255 $26,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 For Sale $1,350,000 -- $219 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 863532

OneKey® MLS
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