$3,000,000

Estimated payment $19,255/month

Total Views 830
-- Bed
-- Bath
7,740 Sq Ft
$388 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

Amazing 3 story mixed use property for sale in Borough Park. 4 apartments and 2 stores. All apartments and stores have very good tenants and pay rent on time. There are two - 2 bedroom apartments, two - 1 bedroom apartments and 2 stores on the 1st floor.
Stores: cleaners no new lease (extended old lease) and caterer has 1.5 year lease. Apartments have no new leases (they have extended old leases.) The lot is 44x95, the building is 43x60. Taxes: $35,296. Great investment opportunity. Don't miss!
Rents: 1 bedroom $1,550, 1 bedroom $1,700, 2 bedroom $1,850, 2 bedroom $1,850, store $2,150, store $2,800.

Listing Agent

Diana Melerud

Listed on: 07/09/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $35,296

Year Built

  • Built in 1931

Lot Details

  • 1,944 Sq Ft Lot
  • Lot Dimensions are 95 x 44
  • Irregular Lot
  • 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

  • 7,740 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 5627

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $1,000
  • Insurance Expense $1,000
  • Utility Expense $100
  • Gross Income $200,000
  • Net Operating Income $200,000

Property Details

Property Type

Other

Est. Annual Taxes

$35,296

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2580
  • Building Length: 60.00
  • Building Width: 43.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Kitchen, Restrooms - Staff
  • Confirmed By M L S Y N: Yes
  • Cross Street: 48th St
  • Cross Street Name2: 47th St
  • Gross Lease: 1
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 1
  • Fill Sq Ft Total: 7740
  • Building Stories: 3
  • Street Name I D X: New Utrecht
  • Street Number I D X: 4726
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1944
  • Walls: Sheet Rock

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 24
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 95
  • Lot Size Width: 44
  • Zoning: C2-3

Rental Info

  • Rent Income: 200000

Multi Family

  • Annual Gross Expense: 2000.00
  • Annual Gross Income: 200000
  • Insurance Expense: 1000.00
  • Property Net Operating Income: 200000.00
  • Annual Utility Expenses: 100.00

Tax Info

  • Flip Tax Amount: 35296.00

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 $34,206 $409,500 $224,550 $184,950
2024 $34,206 $341,280 $224,550 $116,730
2023 $31,078 $426,600 $224,550 $202,050
2022 $28,701 $533,250 $224,550 $308,700
2021 $26,645 $496,350 $224,550 $271,800
2020 $13,099 $545,850 $224,550 $321,300
2019 $26,544 $549,000 $224,550 $324,450
2018 $24,787 $194,881 $75,443 $119,438
2017 $22,951 $180,446 $77,556 $102,890
2016 $21,540 $167,081 $79,252 $87,829
2015 $13,984 $167,081 $87,947 $79,134
2014 $13,984 $161,899 $98,642 $63,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $3,000,000 -- $388 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

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

Source: Brooklyn Board of REALTORS®

MLS Number: 494068

Brooklyn Board of REALTORS®

APN: 05627-0024