$3,699,000
SOLD SEP 29, 2025
-- Bed
-- Bath
3,627 Sq Ft
1,560 Sq Ft Lot

Recently Sold

$1,020 Per Sq Ft

8% Below List Price

0 Day on Market

Highlights

  • Wood Flooring
  • P.S. 160 William T Sampson School Rated A-
  • Heating System Uses Steam

About This Home

As of September 2025

Calling ALL Investors, Developers, and End Users. Rarely available solid brick mixed-use building located in the heart of 8th Avenue’s busy commercial corridor. Features 1 ground-floor retail unit (currently occupied by a hair salon) and 2 full-floor residential units above (Vacant) — each offering 4-bedroom layouts. The property is located on 8th Avenue, zoned R6 with a C1-3 Commercial Overlay. Building Size: 19.5 × 62 ft, Lot Size: 19.5 × 80 ft. Low Taxes: $11,178/year. There is a lot of potential across a total of 4 levels — including 2-family (vacant), retail storefront, and basement. Updated electrical system in place. High foot traffic, great visibility, and an unbeatable location near transportation, shopping, and schools. Ideal for investors seeking strong rental income and long-term value appreciation in one of Brooklyn’s most dynamic neighborhoods.

Last Agent to Sell the Property

Mandy (Meijuan) Jiang

E House Realty & Mgt. Inc. Listed on: 05/14/2025

Last Buyer's Agent

Yu Chen

E House Realty & Mgt. Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,178

Lot Details

  • 1,560 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Property is zoned R6, C1-3

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,627 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Finished Basement

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

Utilities

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

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $6,500
  • Utility Expense $360
  • Gross Income $228,000

Property Details

Property Type

Other

Est. Annual Taxes

$11,178

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 62.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8TH AVE
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3627
  • Building Stories: 3
  • Street Name I D X: 8th
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1560

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Flat

Utilities

  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R6, C1-3

Multi Family

  • Annual Gross Expense: 24338.00
  • Annual Gross Income: 228000
  • Insurance Expense: 6500.00
  • Unit Count: 3
  • Annual Utility Expenses: 360.00

Tax Info

  • Flip Tax Amount: 11178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2013
Sold by
Amaral Eurico H and Amaral Joana S
Bought by
Larama Llc

Purchase Details

Closed on
Feb 1, 2001
Sold by
Amaral Eurico H and Amaral Joana
Bought by
Amaral Eurico H and Amaral Joana S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $3,699,000 -7.5% $1,020 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $3,999,000 -- $1,103 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

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 $11,179 $129,900 $25,500 $104,400
2024 $11,179 $118,740 $25,500 $93,240
2023 $11,303 $106,680 $25,500 $81,180
2022 $11,027 $83,760 $25,500 $58,260
2021 $10,967 $81,300 $25,500 $55,800
2020 $5,143 $103,140 $25,500 $77,640
2019 $9,702 $103,140 $25,500 $77,640
2018 $9,455 $46,380 $13,400 $32,980
2017 $9,383 $46,029 $14,258 $31,771
2016 $8,681 $43,425 $16,147 $27,278
2015 $5,237 $40,968 $17,481 $23,487
2014 $5,237 $38,650 $17,568 $21,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 492724

Brooklyn Board of REALTORS®

APN: 05665-0005