$1,330,000

Estimated payment $8,401/month

Total Views 5,373
15 Beds
6 Baths
4,980 Sq Ft
$267 Price per Sq Ft

Highlights

  • 25,000 Sq Ft lot
  • Cooling Available
  • Back Yard
  • Wood Flooring
  • Heating System Uses Steam
  • 3-minute walk to Sunset Park

About This Home

Welcome to this 6-family brick house located in Sunset Park. The building is 25 x 78 on a 25 x 100 lot. Built in 1925; Property tax $17,846. Three 3-bedroom and three 2-bedroom apartments, Finished basement with separate entrance. This investment property produces over $100,000 yearly rental income: over $65,000 NET INCOME, 5% CAP Rate. Right next to the busy 5th Ave with various convenience stores and restaurants. Close to the N and R trains on the 36th St station.

Listing Agent

Shihui Lin

ProBase Real Estate Listed on: 06/17/2025

Co-Listing Agent

Frank Liu

Ashford Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,846

Year Built

  • Built in 1925

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,980 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 917

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $5,900
  • Insurance Expense $3,600
  • Utility Expense $600
  • Gross Income $101,352
  • Net Operating Income $65,306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,846

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 78.00
  • Building Width: 25.00
  • Co List Office Mls Id: 119810
  • Co List Office Phone: (929) 364-1301
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: 6th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove, Other
  • Fill Sq Ft Total: 4980
  • Building Stories: 3
  • Street Name I D X: 41st
  • Building Style: Other
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 15
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 25000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 54
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5900.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6A

Multi Family

  • Annual Gross Expense: 36046.00
  • Annual Gross Income: 101352
  • Insurance Expense: 3600.00
  • Miscellaneous Expense: 1600.00
  • Property Net Operating Income: 65306.00
  • Unit Count: 6
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 17846.00

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 $17,846 $421,200 $9,000 $412,200
2024 $17,846 $351,000 $9,000 $342,000
2023 $16,510 $438,750 $9,000 $429,750
2022 $11,751 $447,300 $9,000 $438,300
2021 $13,024 $402,750 $9,000 $393,750
2020 $5,413 $441,450 $9,000 $432,450
2019 $12,772 $459,000 $9,000 $450,000
2018 $13,168 $103,532 $1,624 $101,908
2017 $12,529 $98,510 $1,796 $96,714
2016 $11,760 $91,222 $1,977 $89,245
2015 $6,881 $84,467 $2,197 $82,270
2014 $6,881 $84,467 $2,255 $82,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Price Changed $1,330,000 -3.6% $267 / Sq Ft
06/19/2025 06/19/25 Price Changed $1,380,000 +6.2% $277 / Sq Ft
06/17/2025 06/17/25 For Sale $1,299,000 +36.7% $261 / Sq Ft
02/11/2025 02/11/25 Sold $950,000 -25.8% -- View Prior Sale
04/26/2024 04/26/24 Price Changed $1,280,000 -3.0% --
04/02/2024 04/02/24 Price Changed $1,320,000 -4.3% --
10/23/2023 10/23/23 For Sale $1,380,000 -- --
10/23/2023 10/23/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 493533

Brooklyn Board of REALTORS®

APN: 00917-0054