$2,000,000

Estimated payment $11,582/month

Total Views 854
-- Bed
-- Bath
4,061 Sq Ft
$492 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to 50 Street (D,M Line)
  • Back Yard
  • P.S. 164 Caesar Rodney School Rated A
  • Heating System Uses Steam

About This Home

Great investment opportunity in Borough Park. 3 story building mixed use, store on the 1st floor, 4 bedroom apartments on the 2nd and 3rd floors. Zoning R6, C2-3. Lot: 23.75x81.92 total lot: 1650. Building 23.75x57 total: 3,420. All brick constriction with a back yard. Property tax: $8,220. Year built: 1931. The tenants are paying $1950 & $1950 for 2nd and 3rd floors, the store can be delivered vacant and can be rented for around $3500mth.

Listing Agent

Diana Melerud

Listed on: 07/09/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1931

Lot Details

  • 1,968 Sq Ft Lot
  • Lot Dimensions are 82 x 24
  • Back Yard
  • Property is zoned C2-3

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,061 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 5627

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,000
  • Insurance Expense $1,000
  • Gross Income $88,800
  • Net Operating Income $88,800

Property Details

Property Type

Other

Est. Annual Taxes

$8,220

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1354
  • Building Length: 57.00
  • Building Width: 23.75
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Kitchen, Window Display
  • Confirmed By M L S Y N: Yes
  • Cross Street: 47th St
  • Cross Street Name2: 48th St
  • Gross Lease: 88800
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 88800
  • Fill Sq Ft Total: 4061
  • Building Stories: 3
  • Street Name I D X: New Utrecht
  • Street Number I D X: 4709
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1968

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 82
  • Lot Size Width: 24
  • Zoning: C2-3

Multi Family

  • Annual Gross Expense: 1000.00
  • Annual Gross Income: 88800
  • Insurance Expense: 1000.00
  • Property Net Operating Income: 88800.00

Tax Info

  • Flip Tax Amount: 8220.00

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 $7,755 $98,880 $15,660 $83,220
2024 $7,755 $94,980 $15,660 $79,320
2023 $7,398 $91,500 $15,660 $75,840
2022 $7,272 $82,140 $15,660 $66,480
2021 $7,608 $76,020 $15,660 $60,360
2020 $5,706 $57,900 $15,660 $42,240
2019 $6,731 $50,340 $15,660 $34,680
2018 $6,188 $30,356 $8,093 $22,263
2017 $6,188 $30,356 $8,678 $21,678
2016 $6,023 $30,127 $9,566 $20,561
2015 $3,454 $28,422 $10,829 $17,593
2014 $3,454 $26,814 $12,256 $14,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $2,000,000 -- $492 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494069

Brooklyn Board of REALTORS®

APN: 05627-0043