$899,000

Estimated payment $5,818/month

Total Views 1,290
-- Bed
4 Baths
3,822 Sq Ft
$235 Price per Sq Ft

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.

Listing Agent

Leonid Sklyar

RE/MAX Edge License #10301207131 Listed on: 06/17/2025

RE/MAX Edge

Co-Listing Agent

Albert Taye

RE/MAX Edge License #30TA0927395

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,237

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1300
  • Building Length: 52.00
  • Building Width: 25.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Highland Ave
  • Gross Lease: 75240
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dishwasher, Dryer, Microwave, Stove
  • Fill Sq Ft Total: 3822
  • Street Name I D X: Nautilus
  • Street Number I D X: 3860
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 4084

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 5
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 3420.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 114
  • Lot Size Width: 40
  • Zoning: R31

Rental Info

  • Rent Income: 6270

Multi Family

  • Annual Gross Expense: 22952.00
  • Annual Gross Income: 75240
  • Insurance Expense: 4800.00
  • Miscellaneous Expense: 2000.00
  • Property Net Operating Income: 52288.00
  • Unit Count: 3
  • Annual Utility Expenses: 695.00

Tax Info

  • Flip Tax Amount: 10237.00

Map

Range of Values:

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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 $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
Source: Public Records

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
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $840,000 --
Deed $540,000 --
Bargain Sale Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $243,000 No Value Available
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 493500

Brooklyn Board of REALTORS®

APN: 07025-0005