$1,880,000

Estimated payment $11,151/month

Total Views 2,105
-- Bed
-- Bath
5,584 Sq Ft
$337 Price per Sq Ft

About This Home

This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.

Listing Agent

Yanan Eill

E Realty International Corp Brokerage Phone: 718-886-8110 License #10401332485 Listed on: 04/10/2025

E Realty International Corp

Co-Listing Agent

Dongyue Niu

Landmark International R E LLC Brokerage Phone: 718-886-8110 License #10401282827

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,843

Year Built

  • Built in 1931

Lot Details

  • 1,985 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Utilities

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

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 03123-0005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,843

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1931
  • Attribution Contact: 718-886-8110
  • Co List Office Mls Id: KEYLNMK01
  • Co List Office Phone: 718-898-8300
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: See Remarks
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0456
  • Lot Size Sq Ft: 1985
  • Building Area Total: 5584
  • Parcel Number: 03123-0005
  • Property Attached: No

Multi Family

  • Units Total: 6

Tax Info

  • Tax Annual Amount: 11843.16
  • Tax Year: 2025

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 $11,845 $605,250 $7,200 $598,050
2024 $11,845 $712,800 $7,200 $705,600
2023 $10,768 $891,000 $7,200 $883,800
2022 $9,949 $742,500 $7,200 $735,300
2021 $9,237 $848,250 $7,200 $841,050
2020 $4,541 $940,140 $7,200 $932,940
2019 $9,192 $940,140 $7,200 $932,940
2018 $8,588 $67,523 $620 $66,903
2017 $7,956 $62,550 $668 $61,882
2016 $7,467 $57,920 $675 $57,245
2015 $4,848 $57,920 $766 $57,154
2014 $4,848 $56,063 $846 $55,217
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $1,880,000 -- $337 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $450,000 --
Deed $100,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,005,320 Unknown
Closed $500,000 Commercial
Previous Owner $375,000 Commercial
Previous Owner $100,000 Seller Take Back
Source: Public Records

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Source: OneKey® MLS

MLS Number: 847611

OneKey® MLS

APN: 03123-0005