$3,800,000

Estimated payment $23,630/month

Total Views 3,143
-- Bed
-- Bath
5,400 Sq Ft
$704 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to 50 Street (D,M Line)
  • Baseboard Heating
  • P.S. 164 Caesar Rodney School Rated A
  • Ceiling height of 10 feet or more
  • Back Yard

About This Home

THE HEART OF HIGH-TRAFFIC 13th AVENUE BORO PARK ONCE-IN-A-LIFETIME REAL ESTATE OPPORTUNITY!! 8 COMMERCIAL UNITS(4 STOREFRONTS/4 OFFICE SPACES) EXTRA-LARGE(5400 SQFT- 20x85 BLDG SIZE) 3 STORY CORNER SOLID BRICK BUILDING- PERFECTLY SITUATED IN THE MOST BUSIEST & BUSTLING BORO PARK 13th AVE RETAIL/COMMERCIAL CORRIDOR... THIS ULTRA-RARE 8 UNIT COMMERCIAL BUILDING IS ABSOLUTELY IDEAL AS AN INCREDIBLE INVESTMENT PROPERTY(OVER $200,000/YEAR RENT ROLL- OVER $300,000 PROJECTED RENT ROLL) FOR A SAVVY INVESTOR OR PERFECT FOR A USER/OWNER SEEKING TO USE COMMERCIAL SPACE FOR THEIR OWN THRIVING BUSINESS WHILE COLLECTING EXCEPTIONALLY HIGH RENTAL INCOME... BUILDING IS CURRENTLY CONFIGURED AS TWO OFFICE SPACES ON THE 3rd FLOOR OVER ANOTHER TWO OFFICE SPACES ON THE 2nd FLOOR OVER FOUR HIGHLY VISIBLE STOREFRONTS ON THE 1st FLOOR/STREET LEVEL OVER A FULL FINISHED BASEMENT WHICH PROVIDES EXTRA-INCOME FOR STORAGE USE... TENANTS PAY ALL THEIR OWN SEPARATE UTILITIES... THE POTENTIAL & THE POSSIBILTIES OF THIS PRIZED PIECE OF REAL ESTATE GOLD ARE ENDLESS; AND THE UPSIDE IS TREMENDOUS- THERE IS NOTHING ELSE LIKE IT ON THE MARKET!! THIS IS TRULY AN OUTSTANDING ONCE-IN-A-LIFETIME OPPORTUNITY TO OWN A PRIME PROPERTY IN OWN OF BROOKLYN'S MOST DESIRABLE & SOUGHT-AFTER LOCATIONS...

Listing Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712 Listed on: 07/29/2024

RE/MAX Real Estate Professionals

Co-Listing Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $31,714

Year Built

  • Built in 1920

Lot Details

  • 2,017 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard
  • Property is zoned C4-3

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,400 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 10 feet or more
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 5641

Property Details

Property Type

Other

Est. Annual Taxes

$31,714

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1700
  • Building Length: 85.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 49th St
  • Cross Street Name2: 50th St
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5400
  • Building Stories: 3
  • Street Name I D X: 13th
  • Street Number I D X: 4924
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Hardwood
  • Lot Sq Ft: 2017
  • Walls: Sheet Rock

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 46
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: C4-3

Tax Info

  • Flip Tax Amount: 31714.00

Multi Family

  • Unit Count: 8

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 $32,983 $301,950 $51,750 $250,200
2024 $32,983 $311,400 $51,750 $259,650
2023 $31,714 $297,900 $51,750 $246,150
2022 $39,831 $377,100 $51,750 $325,350
2021 $36,910 $345,150 $51,750 $293,400
2020 $36,910 $382,500 $51,750 $330,750
2019 $36,327 $382,500 $51,750 $330,750
2018 $34,302 $357,300 $51,750 $305,550
2017 $32,465 $340,200 $51,750 $288,450
2016 $30,928 $326,700 $51,750 $274,950
2015 $13,134 $320,850 $51,750 $269,100
2014 $13,134 $286,200 $51,750 $234,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Price Changed $3,800,000 0.0% $704 / Sq Ft
02/13/2025 02/13/25 Price Changed $3,800,000 -5.0% $704 / Sq Ft
01/30/2025 01/30/25 Price Changed $4,000,000 0.0% $741 / Sq Ft
01/30/2025 01/30/25 Price Changed $4,000,000 -9.0% $741 / Sq Ft
12/05/2024 12/05/24 Price Changed $4,395,000 0.0% $814 / Sq Ft
12/05/2024 12/05/24 Price Changed $4,395,000 -2.2% $814 / Sq Ft
11/18/2024 11/18/24 For Sale $4,495,000 0.0% $832 / Sq Ft
08/08/2024 08/08/24 Price Changed $4,495,000 -9.2% $832 / Sq Ft
07/29/2024 07/29/24 For Sale $4,950,000 -- $917 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,089 Commercial
Previous Owner $174,820 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 484868

Brooklyn Board of REALTORS®

APN: 05641-0046