$1,100,000

Estimated payment $6,724/month

Total Views 111,606
8 Beds
4 Baths
3,120 Sq Ft
$353 Price per Sq Ft

Highlights

  • Hot Property
  • 5-minute walk to New Lots Avenue (L Line)
  • Back Yard
  • Wood Flooring

About This Home

Hard-to-Find 4-Family in Prime East New York! An excellent opportunity awaits with this fully occupied 4-family property offering strong income and future upside! Each apartment features a classic 4-room layout with 2 bedrooms and 1 full bathroom — ideal for both end-users and investors. ?? Current Rent Roll: Rents range from $1,400 to $2,000/month, with plenty of room for increases. Annual Gross Income: Approx. $84,000 Annual Expenses: Approx. $22,000 ?? Tenant Status: One unit has a lease; the others are month-to-month, providing flexibility for updates, re-leasing, or potential owner occupancy. ? Features: One residence has been fully renovated The remaining units offer excellent potential for updating Located near Shepherd Avenue Subway Station (A, C lines) for easy commuting Close to schools, shopping, and essential amenities Whether you’re looking for a smart income-producing property or a possible live-plus-income setup, This property is a rare find in this high-demand East New York location. ?? For more details or a private showing, 24 hr notice

Listing Agent

Joseph DeVito

BHHS Fillmore R.E. Listed on: 07/22/2025

BHHS Fillmore R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,409

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

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

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • 100 Amp Service

Listing and Financial Details

  • Tax Block 3835

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $4,200
  • Insurance Expense $4,700
  • Utility Expense $895
  • Gross Income $84,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,409

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Beds Total Level1: 4
  • Beds Total Level2: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1560
  • Building Length: 78.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Riverdale Av
  • Cross Street Name2: Newport Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air, Other
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove, Other
  • Rooms Total Level1: 9
  • Rooms Total Level2: 9
  • Fill Sq Ft Total: 3120
  • Building Stories: 2
  • Street Name I D X: Williams
  • Street Number I D X: 582
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Hardwood
  • Lot Sq Ft: 2500
  • Total Rooms: 18

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 4200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 22961.00
  • Annual Gross Income: 84300
  • Insurance Expense: 4700.00
  • Unit Count: 4
  • Annual Utility Expenses: 895.00

Tax Info

  • Flip Tax Amount: 8409.00

Map

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
07/22/2025 07/22/25 For Sale $1,100,000 -- $353 / Sq Ft
Source: Brooklyn Board of REALTORS®

About the Listing Agent

Joseph DeVito

BHHS Fillmore R.E.

(929) 284-2532

Section Image

Joseph DeVito has been a dedicated Associate Broker at Fillmore Real Estate for over three decades, showcasing his exceptional managerial skills and achieving remarkable success. With the recent merger with Berkshire Hathaway Homeservices, our organization has grown in strength and size, expanding our reach from the vibrant neighborhoods of Long Island, Queens, and Brooklyn to a global scale. Having overseen multiple offices, Joseph has consistently proven himself as a Top Producer within the

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Source: Brooklyn Board of REALTORS®

MLS Number: 494329

Brooklyn Board of REALTORS®

APN: 03835-0043