$1,430,000

Estimated payment $8,718/month

Total Views 9,880
17 Beds
6 Baths
5,100 Sq Ft
$280 Price per Sq Ft

Highlights

  • Tile Flooring
  • 2-minute walk to 59 Street (N,R Line)
  • Hot Water Heating System
  • Junior High School 227 Edward B Shallow Rated A-
  • Multiple cooling system units
  • Back Yard

About This Home

This is a beautiful 6-family building in a bustling neighborhood of Sunset Park. 5 apartments with 3 bedrooms,1 apartment with 2 bedrooms, a building lot size of 25x81, and along with a backyard. Property is a stunning opportunity for investment. Short distance to numerous conveniences such as restaurants, drug stores, retails, and banks.

Listing Agent

Siu Wong

Re/Max Real Estate Professiona Listed on: 10/18/2024

Re/Max Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,412

Year Built

  • Built in 1911

Lot Details

  • 2,048 Sq Ft Lot
  • Lot Dimensions are 81 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,100 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5790

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $5,500
  • Utility Expense $300
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,412

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Basement Amenities: Full, Other
  • Borough: Brooklyn
  • Building Length: 68.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3RD AVE
  • Cross Street Name2: 4TH AVE
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 5100
  • Building Stories: 3
  • Street Name I D X: 61st
  • Year Built: 1911
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 17
  • Flooring: Tile, Other
  • Lot Sq Ft: 2048

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 29
  • Roof: Flat, Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 81
  • Lot Size Width: 25
  • Zoning: R6A

Multi Family

  • Annual Gross Expense: 34212.00
  • Annual Gross Income: 84000
  • Insurance Expense: 5500.00
  • Unit Count: 6
  • Annual Utility Expenses: 300.00

Tax Info

  • Flip Tax Amount: 15412.00

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 $15,415 $468,000 $5,400 $462,600
2024 $15,415 $413,100 $5,400 $407,700
2023 $14,009 $390,600 $5,400 $385,200
2022 $10,145 $455,850 $5,400 $450,450
2021 $12,562 $364,500 $5,400 $359,100
2020 $6,174 $400,050 $5,400 $394,650
2019 $11,962 $469,800 $5,400 $464,400
2018 $11,173 $87,846 $808 $87,038
2017 $10,817 $85,044 $909 $84,135
2016 $10,155 $78,770 $1,001 $77,769
2015 $6,373 $78,748 $1,201 $77,547
2014 $6,373 $72,957 $1,141 $71,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Price Changed $1,430,000 -4.0% $280 / Sq Ft
06/20/2025 06/20/25 Price Changed $1,490,000 -2.6% $292 / Sq Ft
04/15/2025 04/15/25 Price Changed $1,530,000 -3.8% $300 / Sq Ft
10/18/2024 10/18/24 For Sale $1,590,000 -- $312 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 486863

Brooklyn Board of REALTORS®

APN: 05790-0029