475 Avenue Y Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $11,623/month
Total Views
1,871
5
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Deck
- 6 Car Detached Garage
- Multiple cooling system units
- Marble Flooring
- Back and Side Yard
- Private Driveway
About This Home
House For Sale: 3-Family Property in Prime Gravesend Location(Btwn. East 1st & 2nd St) - Lot Size: 40x100 - Built Size: 20x44 - Newly Renovated - Fully Rented -Private driveway - Monthly Income: $7,150 Great Investment Opportunity with Solid Rental Income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,600
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 100 x 40
- Back and Side Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Car Detached Garage
- Garage Door Opener
- Private Driveway
- Parking Lot
Utilities
- Multiple cooling system units
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Additional Features
- Marble Flooring
- Deck
Listing and Financial Details
- Tax Block 7197
Community Details
Building Details
- Fuel Expense $4,000
- Insurance Expense $2,375
- Utility Expense $3,200
- Gross Income $86,400
- Net Operating Income $64,725
Additional Features
- 3 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,600 | $58,800 | $16,800 | $42,000 |
| 2024 | $10,600 | $63,000 | $16,800 | $46,200 |
| 2023 | $10,112 | $63,720 | $16,800 | $46,920 |
| 2022 | $9,378 | $62,700 | $16,800 | $45,900 |
| 2021 | $9,426 | $49,320 | $16,800 | $32,520 |
| 2020 | $7,069 | $54,420 | $16,800 | $37,620 |
| 2019 | $9,201 | $54,420 | $16,800 | $37,620 |
| 2018 | $8,459 | $41,494 | $11,086 | $30,408 |
| 2017 | $7,980 | $39,148 | $12,125 | $27,023 |
| 2016 | $7,461 | $37,324 | $12,546 | $24,778 |
| 2015 | $4,454 | $37,020 | $18,660 | $18,360 |
| 2014 | $4,454 | $36,652 | $18,474 | $18,178 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $1,975,000 | +71.7% | -- |
| 12/11/2024 12/11/24 | Off Market | $1,150,000 | -- | -- |
| 12/27/2019 12/27/19 | Sold | $1,150,000 | +6.7% | $653 / Sq Ft |
| 12/09/2019 12/09/19 | Pending | -- | -- | -- |
| 10/30/2019 10/30/19 | For Sale | $1,078,000 | -- | $613 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,450,000 | -- | |
| Deed | $1,450,000 | -- | |
| Deed | $1,170,988 | -- | |
| Deed | $1,170,988 | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,160,000 | Purchase Money Mortgage | |
| Closed | $1,160,000 | Purchase Money Mortgage | |
| Previous Owner | $900,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Brooklyn Board of REALTORS®
MLS Number: 493047
APN: 07197-0041
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