$950,000
SOLD FEB 11, 2025
-- Bed
6 Baths
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

31% Below List Price

Highlights

  • Multiple cooling system units
  • Back Yard
  • 3-minute walk to Sunset Park
  • Heating System Uses Steam

About This Home

As of February 2025

Solid brick 6 family building located in the prime Sunset Park. Lot: 25x100, Building: 25x78. Finished basement with separate front and back entrance. Three 3 bedrooms and three 2 bedrooms apartment. Gross rental income $96,708/Year. Near N and R subway station. Don’t miss out this opportunity to own the income immediately building with the beautiful park view of Sunset Park.

Last Agent to Sell the Property

David Feng

E House Realty & Mgt. Inc. Listed on: 10/23/2023

Last Buyer's Agent

Selyna Eng

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,510

Lot Details

  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Finished Basement

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 $96,708
  • Net Operating Income $59,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,510

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1950
  • Building Length: 78.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: 6th Ave
  • Gross Lease: 96000
  • 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: None
  • Street Name I D X: 41st
  • Street Number I D X: 543
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Other
  • Lot Sq Ft: 2504

Exterior Features

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

Utilities

  • Air Conditioning Units: 5+
  • Electric: Other
  • 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

Rental Info

  • Rent Income: 96708

Multi Family

  • Annual Gross Expense: 36710.00
  • Annual Gross Income: 96708
  • Insurance Expense: 3600.00
  • Miscellaneous Expense: 3600.00
  • Property Net Operating Income: 59998.00
  • Unit Count: 6
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 16510.00

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Range of Values:

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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 Change Sq Ft Price
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% --
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®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 477763

Brooklyn Board of REALTORS®

APN: 00917-0054