$5,180,000

Estimated payment $35,355/month

-- Bed
17.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Intercom to Front Desk
  • 4,500 Sq Ft lot
  • Multiple cooling system units
  • IS 220 John J. Pershing Rated A-
  • Wood Flooring
  • 1-minute walk to Rainbow Playground

About This Home

Income Producing great condition multifamily located in the heart of Sunset Park. Solid 5% Cap rate at asking price. 16 Units building with basement with additional storage. 13 of the 16 units are Free Market rent. All units are Two bedrooms One full bath. Excellent conditions in each unit. Perfect for 1031 exchange, long term investment. Assumable mortgage at 3.92 % interest rate! Newer boiler, furnace. Turnkey investment building for the right buyer. Rent roll and expense detail upon request. Call today. Total annual income: $436,536. Annual expenses: $178,700. Net income: $257,836.

Listing Agent

Simon Liang

Real Broker NY LLC Listed on: 03/04/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $105,000

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 100 x 45

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 813

Community Details

Overview

  • 16 Units

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Building Details

  • Fuel Expense $25,000
  • Insurance Expense $17,700
  • Utility Expense $2,000
  • Gross Income $436,536
  • Net Operating Income $257,836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$105,000

Lot Details

4,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 16
  • Parking Attributes: Other
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Window
  • Street Name I D X: 6th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 17
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood, Laminate, Other
  • Lot Sq Ft: 4500

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Block, Stone
  • Lot Number: 3
  • Roof: Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 25000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 45

Rental Info

  • Rent Income: 436536

Multi Family

  • Annual Gross Expense: 178700.00
  • Annual Gross Income: 436536
  • Insurance Expense: 17700.00
  • Miscellaneous Expense: 12000.00
  • Property Net Operating Income: 257836.00
  • Annual Utility Expenses: 2000.00

Tax Info

  • Flip Tax Amount: 105000.00

Map

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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 $103,110 $802,350 $202,500 $599,850
2024 $103,110 $872,100 $202,500 $669,600
2023 $97,628 $884,700 $202,500 $682,200
2022 $94,655 $934,650 $202,500 $732,150
2021 $87,031 $774,000 $202,500 $571,500
2020 $41,227 $778,950 $202,500 $576,450
2019 $79,410 $727,650 $202,500 $525,150
2018 $72,609 $652,950 $202,500 $450,450
2017 $66,004 $613,800 $202,500 $411,300
2016 $60,787 $644,850 $20,700 $624,150
2015 $25,298 $508,950 $20,700 $488,250
2014 $25,298 $433,800 $20,700 $413,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 For Sale $5,180,000 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 499344

Brooklyn Board of REALTORS®

APN: 00817-0003

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