$2,300,000
PENDING $100K PRICE DROP

Estimated payment $18,840/month

Total Views 930
8 Beds
6 Baths
3,240 Sq Ft
$710 Price per Sq Ft

About This Home

Looking for a blank slate on which to execute your investment opportunity objectives? Look no further. 521 Decatur St is the perfect investment opportunity. A full gut renovation has just been completed on the ground floor and parlor levels. Each floor consists of expansive, modern, luxury 2-bedroom, 2-bath units. Each unit features a modern kitchen with dishwasher, stone countertops with ample prep and cooking space, stainless steel sinks, ranges and plentiful cabinet storage. Modern conveniences such as split unit air-conditioning are in every room. The bathrooms are outfitted with the modern fixtures and designed to accommodate the tastes of today's most demanding tenants. Best of all, each unit has its own, individually accessible outdoor space - a fantastic personal getaway oasis replete with slate ground covering and unique outdoor living space that 21st century tenants require. As of October 31st the building will be completely vacant, primed for the investor interested in leveraging immediate income opportunities. The 3 and 4th floor units are floor-through apartments with ample living space and loads of "light-and-air." In today's highly competitive rental environment of increased competition for quality units that can command higher tier income objectives, 521 Decatur Street is the rare find with the ability to exceed those objectives.

521 Decatur Street is also located on a beautiful tree-lined block full of gorgeous historic homes, close to the C Train at Ralph Avenue and J & Z Train at Chauncey Street along with a list of local bars and restaurants such as Chez Oskar, Le Antagonist, Saraghina, Bar Lunatica and host of others conveniently located in Bedford Stuyvesant.

Listing Agent

Isaiah Ajala

Brown Harris Stevens Brooklyn LLC License #10401300335 Listed on: 06/01/2022

Brown Harris Stevens Brooklyn LLC

Co-Listing Agent

Darnell Thornton

Brown Harris Stevens Brooklyn LLC License #10401257742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $81,048

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,240 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 4 Units
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0075 / 01500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$81,048

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 3240.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 8

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.00x0.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4

Tax Info

  • Tax Block: 01500
  • Tax Lot: 0075
  • Tax Annual: 81048.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $2,300,000 0.0% $710 / Sq Ft
07/19/2024 07/19/24 For Sale $2,300,000 -4.2% $710 / Sq Ft
08/18/2023 08/18/23 Off Market $2,400,000 -- --
10/12/2022 10/12/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $2,400,000 -- $741 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10991142

Real Estate Board of New York (REBNY)

APN: 01500-0075