NOT LISTED FOR SALE
-- Bed
68 Baths
-- Sq Ft
0.4 Acres

Last Sold February 17, 2021

Last sale price $11,800,000

Highlights

  • 17,500 Sq Ft lot
  • Resident Manager or Management On Site
  • Heating System Uses Steam
  • IS 220 John J. Pershing Rated A-
  • Tile Flooring
  • 3-minute walk to Rainbow Playground

About This Home

As of February 2021

20015R: Great Investment Opportunity! NOTE TWO BUILDING BEING SOLD AS ONE PACKAGE in prime locale - Sunset Park, Bklyn, being sold together as ONE unit. Offered at a 4.9 cap rate, which includes 1 cell site, 4 stores + 68 units. Description: 2 THREE bedroom units w/full bath; 53 ONE bedroom units w/full bath; 13 TWO bedroom units w/full bath. Conveniently located to all - shopping & transportation! Financials upon request. Building size include BOTH buildings. 2nd building: 702 54th St is adj to 5413 7th Ave building.

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $125,517

Year Built

  • Built in 1911

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 175x178
  • Irregular Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 68 Full Bathrooms
  • 4-Story Property
  • Tile Flooring

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 110 Volts

Community Details

  • 68 Units
  • Resident Manager or Management On Site

Listing and Financial Details

  • Tax Block 826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$125,517

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 54 Street
  • Cross Street Name2: 55 Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 68
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Building Stories: 4
  • Street Name I D X: 7
  • Year Built: 1911
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 68
  • Flooring: Tile, Other
  • Lot Sq Ft: 17500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 2
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas, Oil
  • Hot Water: Other

Lot Info

  • Lot Dimensions: 175x178
  • Lot Size Irregular: Yes
  • Lot Size Length: 178
  • Lot Size Width: 175
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 125517.00

Multi Family

  • Unit Count: 1
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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
02/17/2021 02/17/21 Sold $11,800,000 -- --
01/13/2020 01/13/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $77,986 $795,600 $59,400 $736,200
2024 $77,986 $785,250 $59,400 $725,850
2023 $69,543 $639,000 $59,400 $579,600
2022 $65,276 $640,800 $59,400 $581,400
2021 $60,759 $516,600 $59,400 $457,200
2020 $28,933 $537,300 $59,400 $477,900
2019 $56,921 $500,850 $59,400 $441,450
2018 $56,262 $472,050 $59,400 $412,650
2017 $55,175 $459,900 $59,400 $400,500
2016 $52,027 $432,900 $59,400 $373,500
2015 $19,691 $430,650 $59,400 $371,250
2014 $19,691 $416,250 $59,400 $356,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435892

Brooklyn Board of REALTORS®

APN: 00826-0002