$3,200,000

Estimated payment $19,689/month

Total Views 1,914
-- Bed
-- Bath
3,990 Sq Ft
$802 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 3-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A

About This Home

Investment Opportunity! Don’t miss your chance to own this incredible mixed-use building featuring 5 residential units and 1 commercial office space in a highly trafficked, prime location! Each residential unit offers 2 spacious bedrooms and 1 full bathroom, providing consistent rental income and strong tenant appeal. The ground-floor office space is perfect for added commercial revenue. Conveniently situated close to public transportation, shopping, dining, and all essential amenities, this property is ideal for investors seeking stable cash flow and long-term growth potential. Schedule your showing today and make this profitable asset yours!

Listing Agent

Minnie Lin

Momentum Real Estate LLC Listed on: 03/03/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $26,030

Year Built

  • Built in 1908

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Property is zoned R6A

Home Design

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

Interior Spaces

  • 3,990 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Cellar

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Listing and Financial Details

  • Tax Block 801

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $14,628
  • Insurance Expense $3,492
  • Utility Expense $1,092
  • Gross Income $124,080

Property Details

Property Type

Other

Est. Annual Taxes

$26,030

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Basement Amenities: Cellar, Other
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1400
  • Building Length: 70.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 51st St
  • Cross Street Name2: 52nd St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 5
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 10340
  • Fill Sq Ft Total: 3990
  • Building Stories: 3
  • Street Name I D X: 6th
  • Street Number I D X: 5125
  • Year Built: 1908
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Other
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 14628.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R6A

Multi Family

  • Annual Gross Expense: 42276.00
  • Annual Gross Income: 124080
  • Insurance Expense: 3492.00
  • Miscellaneous Expense: 1296.00
  • Unit Count: 6
  • Annual Utility Expenses: 1092.00

Tax Info

  • Flip Tax Amount: 26030.00

Map

Range of Values:

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Average Value
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Sold Price
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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 $7,197 $104,340 $25,080 $79,260
2024 $7,197 $97,620 $25,080 $72,540
2023 $6,898 $100,200 $25,080 $75,120
2022 $6,401 $88,500 $25,080 $63,420
2021 $6,372 $91,500 $25,080 $66,420
2020 $4,779 $84,180 $25,080 $59,100
2019 $6,246 $90,240 $25,080 $65,160
2018 $5,770 $28,305 $9,473 $18,832
2017 $5,447 $26,722 $9,530 $17,192
2016 $5,044 $25,230 $9,416 $15,814
2015 $3,041 $25,230 $11,765 $13,465
2014 $3,041 $24,883 $13,927 $10,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $3,200,000 -- $802 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

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

Source: Brooklyn Board of REALTORS®

MLS Number: 489626

Brooklyn Board of REALTORS®

APN: 00801-0002