$1,080,000
SOLD AUG 15, 2025
-- Bed
-- Bath
3,000 Sq Ft
1,600 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

15% Below List Price

Highlights

  • Wood Flooring
  • 5-minute walk to 59 Street (N,R Line)
  • Back Yard
  • Junior High School 227 Edward B Shallow Rated A-
  • Heating System Uses Steam
  • 3-minute walk to John Allen Payne Playground

About This Home

As of August 2025

Step right into this magnificent well-maintained 2 Family Mixed-Use building in the Sunset Park area of Brooklyn. Endless possibilities for any buyer looking to move their own business in this 1000 sq ft commercial space and reside right above it in a 3-bedroom apartment along with a tenant income. Commercial space is large (previously used by a karate facility) and can easily be converted to suit your needs or any potential tenant. This area features 2 full storefront windows, easily dividable large open space, .50 bath, access to backyard, and 12ft high original tin ceilings. Second floor features owner’s apartment, complete with full kitchen, dining area, full bath, formal living room and 3 bedrooms. Added features include original plaster walls and original moldings which give this apartment character, cast iron radiators, and hardwood flrs (there is aged linoleum with wd floors underneath). Tenant’s apartment is an immaculately kept 6 room 3 bedroom. This apartment features a modern fully tiled kitchen with honey wood cabinets and tin ceiling, separate dining area, formal living room and .75 bath with hardwood floors throughout. Common hallway has ladder access to roof. Basement is full and unfinished with .25 bath. New hot water heater installed in 2018 and new boiler installed around 2000. High ceilings with front and back cellar doors. Roof is flat with brand new aluminum coating and brand-new skylight. Too many extras to mention! This building is a fantastic investment opportunity! Building is 3,000 Sq ft, Lot 20x80, zoning is is R6-A C2-4, unused F.A.R. 800 Sq ft. (consult with architect) Pre-qual letter required before showing. Please note: Building expenses are based on 1 occupying tenant.

Last Agent to Sell the Property

Loriann Tropia

Ben Bay Realty Co of Bay Ridge Listed on: 11/11/2024

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1925

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned R6A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum

Utilities

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

Listing and Financial Details

  • Tax Block 5789

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,700
  • Insurance Expense $9,000
  • Gross Income $16,800

Property Details

Property Type

Other

Est. Annual Taxes

$6,451

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 61st St
  • Cross Street Name2: 62nd St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3000
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Street Number I D X: 6112
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Linoleum
  • Lot Sq Ft: 1600
  • Walls: Plaster

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Stone
  • Lot Number: 42
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2700.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R6A

Rental Info

  • Rent Income: 1400
  • Tenant Monthly Rent: 1400.00

Multi Family

  • Annual Gross Income: 16800
  • Insurance Expense: 9000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 6451.00

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
08/15/2025 08/15/25 Sold $1,080,000 -8.4% $360 / Sq Ft
06/17/2025 06/17/25 Price Changed $1,179,000 -7.7% $393 / Sq Ft
05/13/2025 05/13/25 For Sale $1,278,000 +18.3% $426 / Sq Ft
05/11/2025 05/11/25 Off Market $1,080,000 -- --
05/08/2025 05/08/25 Price Changed $1,278,000 -7.3% $426 / Sq Ft
04/24/2025 04/24/25 Price Changed $1,378,999 0.0% $460 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,379,000 +0.7% $460 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,370,000 -0.7% $457 / Sq Ft
01/27/2025 01/27/25 Price Changed $1,380,000 -6.8% $460 / Sq Ft
12/19/2024 12/19/24 Price Changed $1,480,000 -7.4% $493 / Sq Ft
11/11/2024 11/11/24 For Sale $1,599,000 -- $533 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

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 $6,347 $100,620 $16,800 $83,820
2024 $6,347 $89,760 $16,800 $72,960
2023 $6,130 $90,900 $16,800 $74,100
2022 $5,669 $102,360 $16,800 $85,560
2021 $5,578 $93,360 $16,800 $76,560
2020 $5,578 $94,440 $16,800 $77,640
2019 $5,512 $82,140 $16,800 $65,340
2018 $5,020 $27,858 $6,836 $21,022
2017 $4,716 $26,304 $6,922 $19,382
2016 $4,345 $24,841 $7,841 $17,000
2015 $2,554 $24,832 $9,409 $15,423
2014 $2,554 $24,583 $11,174 $13,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 487369

Brooklyn Board of REALTORS®

APN: 05789-0042