$2,200,000
$410K PRICE INCREASE

Estimated payment $12,405/month

Total Views 2,373
8 Beds
4 Baths
5,100 Sq Ft
$431 Price per Sq Ft

About This Home

4-Family | Fully Renovated | Approved Expansion Plans | $163,000 Gross Annual Income Incredible investment opportunity in East Flatbush! This fully renovated 4-family brick building features four (4) spacious 2-bedroom apartments, each in excellent condition and fully occupied. The property is generating a strong gross annual income of $163,000, making it ideal for investors seeking immediate cash flow. The sale also includes DOB-approved plans to build two additional apartments in the basement, offering tremendous value-add potential. Highlights: Fully leased 4-family building Each unit: 2 bedrooms, modern finishes Gross Annual Income: $163,000 Approved plans to add 2 apartments in the basement Quiet residential block near public transportation, schools, and shopping Whether you're an end-user or investor, this is a high-performing asset with upside in a rapidly appreciating neighborhood.

Listing Agent

Nina Sabag

5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10311207532 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 1930

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • 3,000 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 04669-0012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,293

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1930
  • Attribution Contact: 855-305-3325
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000
  • Building Area Total: 5100
  • Parcel Number: 04669-0012
  • Property Attached: Yes

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 5293.48
  • Tax Year: 2024

MLS Schools

  • Middle School District: Brooklyn 18

Map

Range of Values:

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Average Value
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List Price
Sold 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 Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $2,200,000 +22.9% $431 / Sq Ft
05/22/2025 05/22/25 For Sale $1,790,000 -- $351 / Sq Ft
Source: OneKey® MLS

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Source: OneKey® MLS

MLS Number: 866050

OneKey® MLS

APN: 04669-0012