$2,450,000
SOLD MAY 28, 2026
-- Bed
-- Bath
6,000 Sq Ft
2,000 Sq Ft Lot Lot

Sale Details

Date Sold: May 28, 2026

$408 Per Sq Ft

40% Below List Price

Highlights

  • Wood Flooring
  • 4-minute walk to 59 Street (N,R Line)
  • Heating System Uses Steam
  • Junior High School 227 Edward B Shallow Rated A-

About This Home

As of May 2026

Investment Opportunity on Prime Corner Location!! Mixed-Use Building in the heart of Sunset Park featuring 5 free-market two-bedroom apartments (one with bonus office room) and 3 ground-floor retail stores including a prime corner unit. All leases are short-term, allowing for near-term rent increases or owner occupancy. Current rents are below market, providing exceptional upside potential. Located minutes from D, N & R trains, moments from buses, and close to shopping, dining, and major highways. Just minutes from NYU Langone Hospital, Sunset Park, Industry City, and Brooklyn Army Terminal. Great Income Property with strong growth potential in a high-traffic, high-demand location. Projected Annual Gross Income is roughly $330k, price is negotiable, present all offers.

Last Agent to Sell the Property

John Koulouroudis

Ben Bay Realty Co of Bay Ridge Listed on: 08/11/2025

Last Buyer's Agent

John Koulouroudis

Ben Bay Realty Co of Bay Ridge Listed on: 08/11/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,597

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 80 x 25
  • Property is zoned R6A

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Tax Block 5783

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $7,000
  • Insurance Expense $10,000
  • Utility Expense $800
  • Gross Income $218,205
  • Net Operating Income $170,263

Property Details

Property Type

Other

Est. Annual Taxes

$23,597

Year Built

Built in 1931

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Sub-cellar
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 25.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Fence - Partial, Guttering
  • Commercial Features Interior: Fire - Smoke Alarm, Heated
  • Confirmed By M L S Y N: Yes
  • Cross Street: 60th St
  • Cross Street Name2: 61st
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 5
  • Parking Attributes: Other, None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6000
  • Building Stories: 3
  • Street Name I D X: 5th
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 9
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 7000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 25
  • Zoning: R6A

Multi Family

  • Annual Gross Expense: 48197.00
  • Annual Gross Income: 218205
  • Insurance Expense: 10000.00
  • Property Net Operating Income: 170263.00
  • Unit Count: 8
  • Annual Utility Expenses: 800.00

Tax Info

  • Flip Tax Amount: 23597.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Zaharatos John
Bought by
John Zaharatos Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$792,010
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2022
Sold by
Zaharatos John
Bought by
Zaharatos John

Purchase Details

Closed on
Dec 28, 2020
Sold by
Chrysa Corp
Bought by
Zaharatos John

Purchase Details

Closed on
Feb 10, 2011
Sold by
Chrysa Corp
Bought by
Zaharatos Marina

Purchase Details

Closed on
Dec 30, 1999
Sold by
Zaharatos Marios
Bought by
Chrysa Corp
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Bargain Sale Deed -- Fidelity National Title Ins
Bargain Sale Deed -- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $800,000 Purchase Money Mortgage
Closed $800,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Sold $2,450,000 -20.9% $408 / Sq Ft
03/12/2026 03/12/26 Price Changed $3,099,000 -6.1% $517 / Sq Ft
01/26/2026 01/26/26 Price Changed $3,299,000 -4.6% $550 / Sq Ft
01/15/2026 01/15/26 Price Changed $3,459,000 -1.1% $577 / Sq Ft
12/03/2025 12/03/25 Price Changed $3,499,000 -2.8% $583 / Sq Ft
11/25/2025 11/25/25 Price Changed $3,599,000 -2.7% $600 / Sq Ft
11/05/2025 11/05/25 Price Changed $3,699,000 -9.8% $617 / Sq Ft
10/11/2025 10/11/25 Price Changed $4,099,000 +9.3% $683 / Sq Ft
10/08/2025 10/08/25 Price Changed $3,749,000 -6.3% $625 / Sq Ft
09/26/2025 09/26/25 Price Changed $3,999,000 -2.4% $667 / Sq Ft
08/11/2025 08/11/25 For Sale $4,099,000 -- $683 / Sq Ft
08/10/2025 08/10/25 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
2026 $25,484 $665,550 $9,450 $656,100
2025 $23,601 $568,800 $9,450 $559,350
2024 $23,601 $565,920 $9,450 $556,470
2023 $21,442 $707,400 $9,450 $697,950
2022 $21,386 $589,500 $9,450 $580,050
2021 $20,777 $674,100 $9,450 $664,650
2020 $9,457 $736,200 $9,450 $726,750
2019 $18,314 $738,450 $9,450 $729,000
2018 $17,763 $134,456 $2,059 $132,397
2017 $17,101 $134,456 $2,182 $132,274
2016 $16,796 $130,286 $2,332 $127,954
2015 $10,420 $120,636 $2,341 $118,295
2014 $10,420 $111,701 $2,600 $109,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 494932

Brooklyn Board of REALTORS®

APN: 05783-0009

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