3860 Nautilus Ave Brooklyn, NY 11224
Seagate NeighborhoodEstimated payment $5,643/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back Yard
- Multiple cooling system units
- Private Driveway
About This Home
Discover a rare opportunity in the exclusive, gated Seagate community with this four-family home sitting on an oversized 40 x 114 lot. Currently configured as a three-family residence, this well-maintained property offers versatility and great income potential.
The first-floor features two separate two-bedroom apartments, each with private entrances, making them ideal for rental or extended family use. The entire second floor is used as a spacious single-family unit, offering four bedrooms and ample living space for a large household.
Whether you’re an investor looking for strong rental income or a buyer seeking a home with space and flexibility, this property offers the best of both worlds — all within the privacy and security of Seagate, just minutes from the beach.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,237
Year Built
- Built in 1935
Lot Details
- 4,084 Sq Ft Lot
- Lot Dimensions are 114 x 40
- Back Yard
Parking
- Private Driveway
Home Design
- Brick Exterior Construction
- Poured Concrete
- Pitched Roof
- Aluminum Siding
Interior Spaces
- 4 Full Bathrooms
- 3,822 Sq Ft Home
- Wood Flooring
- Dryer
- Finished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
Listing and Financial Details
- Tax Block 7025
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $3,420
- Insurance Expense $4,800
- Utility Expense $695
- Gross Income $75,240
- Net Operating Income $52,288
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,657 | $72,300 | $15,780 | $56,520 |
| 2024 | $9,657 | $67,200 | $15,780 | $51,420 |
| 2023 | $9,212 | $68,220 | $15,780 | $52,440 |
| 2022 | $8,288 | $74,760 | $15,780 | $58,980 |
| 2021 | $9,337 | $57,720 | $15,780 | $41,940 |
| 2020 | $9,337 | $54,720 | $15,780 | $38,940 |
| 2019 | $8,068 | $54,720 | $15,780 | $38,940 |
| 2018 | $7,400 | $37,800 | $15,780 | $22,020 |
| 2017 | $7,434 | $37,969 | $12,952 | $25,017 |
| 2016 | $7,161 | $35,820 | $15,780 | $20,040 |
| 2015 | -- | $35,839 | $15,780 | $20,059 |
| 2014 | -- | $35,839 | $15,780 | $20,059 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $899,000 | -10.0% | $235 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $999,000 | -- | $261 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $840,000 | -- | |
| Deed | $540,000 | -- | |
| Bargain Sale Deed | $165,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $243,000 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 493500
APN: 07025-0005
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