$885,000

Estimated payment $6,287/month

Total Views 13,620
9 Beds
7 Baths
4,560 Sq Ft
$194 Price per Sq Ft

Highlights

  • Wood Flooring
  • 5-minute walk to Winthrop Street
  • Heating System Uses Steam
  • Fenced Yard
  • Back, Front, and Side Yard
  • 4-minute walk to Winthrop Playground

About This Home

Located in the vibrant neighborhood of Lefferts Garden, this well-maintained, solid brick six-family, semi-detached property offers an exceptional investment opportunity! The building comprises three spacious two-bedroom units and three one-bedroom units, providing diverse rental options in a rent-stabilized setup. The finished basement, featuring a separate rear entrance, enhances flexibility for additional use. Positioned in a booming location with valuable buildable potential, this property is ideally suited for a 1031 exchange buyer looking to expand their portfolio in a high-demand location.

Listing Agent

Delton Cheng

Century 21 Homefront Realty Listed on: 10/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,863

Year Built

  • Built in 1931

Lot Details

  • 3,002 Sq Ft Lot
  • Lot Dimensions are 120 x 25
  • Fenced Yard
  • Back, Front, and Side Yard

Home Design

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

Interior Spaces

  • 4,560 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Block 5065

Community Details

Building Details

  • Fuel Expense $6,400
  • Insurance Expense $6,800
  • Utility Expense $700
  • Net Operating Income $4,200

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,863

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 7.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1600
  • Building Length: 80.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarkson Ave
  • Cross Street Name2: Lenox Rd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area
  • Fill Sq Ft Total: 4560
  • Street Name I D X: Rogers
  • Street Number I D X: 688
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9
  • Flooring: Hardwood
  • Lot Sq Ft: 3002

Exterior Features

  • Yard: Back, Front, Side, Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 63
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 6400.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 25
  • Zoning: R7-1

Rental Info

  • Rent Income: 82800

Multi Family

  • Insurance Expense: 6800.00
  • Property Net Operating Income: 4200.00
  • Unit Count: 6
  • Annual Utility Expenses: 700.00

Tax Info

  • Flip Tax Amount: 18863.00

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
08/11/2025 08/11/25 Price Changed $885,000 -0.4% $194 / Sq Ft
07/24/2025 07/24/25 Price Changed $889,000 -1.1% $195 / Sq Ft
06/13/2025 06/13/25 Price Changed $899,000 -2.1% $197 / Sq Ft
05/20/2025 05/20/25 Price Changed $918,000 -0.8% $201 / Sq Ft
04/08/2025 04/08/25 Price Changed $925,000 -6.6% $203 / Sq Ft
12/16/2024 12/16/24 Price Changed $990,000 -10.0% $217 / Sq Ft
10/29/2024 10/29/24 For Sale $1,100,000 -- $241 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 487038

Brooklyn Board of REALTORS®