$7,990,000

Estimated payment $52,503/month

Total Views 21,132
-- Bed
-- Bath
19,104 Sq Ft
$418 Price per Sq Ft

Highlights

  • 6,000 Sq Ft lot
  • Tile Flooring
  • Private Driveway
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam

About This Home

This 4-story mix-use commercial building (5 commercial stores and 15 apartments, 19104 SQ total) is located in excellent blocks of Sunset Park's core commercial area. The total income for the 15 apartments is about $24000/month, and the total income for 5 stores is more than $2,1000-2,6000/month. It has superior features: lot size 60x100, building size 60x90, Great condition in every store. Four-story brick building with 3 parking spaces on the back, c1-3/R6 with huge rebuild potentials, close to D TRAIN 9th Ave station, close to Maimonides Medical Center and Sunset Park, multiple banks, supermarkets, and schools, newly upgrades on apartments and roofs.

Listing Agent

Guang (King) Lin

Momentum Real Estate LLC Listed on: 01/03/2024

Co-Listing Agent

WaiPing Chan

Momentum Real Estate LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $108,627

Year Built

  • Built in 1935

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 100 x 60
  • Property is zoned C1-3/R6

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 19,104 Sq Ft Home
  • Tile Flooring
  • Basement Cellar

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 733

Community Details

Overview

  • 15 Units

Building Details

  • Fuel Expense $18,222
  • Insurance Expense $26,088
  • Utility Expense $918
  • Gross Income $508,092

Property Details

Property Type

Other

Est. Annual Taxes

$108,627

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 5400
  • Building Length: 90.00
  • Building Width: 60.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 43rd St
  • Cross Street Name2: 44th St
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 15
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 19104
  • Street Name I D X: 8th
  • Street Number I D X: 4317
  • Waterfront Present: No
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Lot Sq Ft: 6000

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 18222.00

Lot Info

  • Lot Dimensions: 6000
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 60
  • Zoning: C1-3/R6

Multi Family

  • Annual Gross Expense: 164657.00
  • Annual Gross Income: 508092
  • Insurance Expense: 26088.00
  • Unit Count: 20
  • Annual Utility Expenses: 918.00

Tax Info

  • Flip Tax Amount: 108627.00

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

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Price Changed $7,990,000 -0.1% $418 / Sq Ft
09/19/2024 09/19/24 Price Changed $8,000,000 -3.6% $419 / Sq Ft
07/10/2024 07/10/24 Price Changed $8,300,000 +1.2% $434 / Sq Ft
07/10/2024 07/10/24 Price Changed $8,200,000 +3.8% $429 / Sq Ft
05/31/2024 05/31/24 Price Changed $7,900,000 -1.3% $414 / Sq Ft
05/22/2024 05/22/24 Price Changed $8,000,000 -2.4% $419 / Sq Ft
04/15/2024 04/15/24 Price Changed $8,200,000 -1.2% $429 / Sq Ft
02/10/2024 02/10/24 Price Changed $8,300,000 -5.7% $434 / Sq Ft
01/03/2024 01/03/24 For Sale $8,800,000 +46.7% $461 / Sq Ft
06/18/2021 06/18/21 Sold $6,000,000 -- $314 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 478884

Brooklyn Board of REALTORS®