NOT LISTED FOR SALE

701 Pennsylvania Ave Brooklyn, NY 11207

East New York Neighborhood
7 Beds
5 Baths
3,116 Sq Ft
2,541 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $960,000 $308 Per Sq Ft

118 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Window Unit Cooling System

About This Home

As of February 2023

Very well maintained legal 4 family house with 7 bedrooms, 5 bathrooms, partially finished basement with an outside entrance, private driveway for 4 cars. There are 4 apartments in total, featuring three 2 bedrooms apartments and one 1 bedroom apartment. Excellent opportunity to own an income producing property! Conveniently located to local transportation, shopping, parks, and schools.

Last Agent to Sell the Property

Marc Lashley

Exit Realty First Choice License #10301216682 Listed on: 06/17/2022

Exit Realty First Choice

Last Buyer's Agent

Moniqua McCoy

Here 2 Serve Realty Inc License #10311205271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,677

Year Built

  • Built in 1923

Lot Details

  • 2,541 Sq Ft Lot
  • Lot Dimensions are 26.75x95
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Instant Hot Water

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Public Parking
  • Private Parking
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 213 New Lots Elementary School
  • Van Siclen Community Middle School
  • Perf Arts & Tech High School

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 52 / 4299
  • Assessor Parcel Number 04299-0052

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,677

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Semi Detached
  • Property SubType: Multi Family
  • Property Condition: Average
  • Levels: Two
  • Year Built: 1923
  • New Construction: No
  • Attribution Contact: 718-380-2500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Cathedral Ceiling(s), Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Full, Partially Finished, Walk-Out Access
  • Inclusions: A/C Units, Light Fixtures, Refrigerator, Shades/Blinds
  • Total Bedrooms: 7
  • Living Area: 3116.00
  • Kitchens: 4
  • Square Footage: 3116.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, No Garage, Public Parking, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Radiant
  • Hot Water: On Demand
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 213 New Lots
  • Middle School: Van Siclen Community Middle School
  • High School: Perf Arts & Tech High School
  • Middle School: Van Siclen Community Middle School

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 26.75x95
  • Lot Size Sq Ft: 2541.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04299-0052
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2023-02-01
  • Tax Annual Amount: 7677.12
  • Tax Block: 4299
  • Tax Lot: 52
  • Tax Map Number: 04299-0052

Multi Family

  • Units Total: 4
  • 1 Bedrooms: 1
  • Two Bedrooms: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 213 New Lots
  • High School: Perf Arts & Tech High School
  • Middle School District: Brooklyn 19

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 List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $960,000 -1.5% $308 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $975,000 -- $313 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marc Lashley

    Seller's Agent in 2023

    Marc Lashley

    Exit Realty First Choice

    (347) 489-0750

    2 in this area

    27 Total Sales

    Marc Lashley
    Section Image
  • Moniqua McCoy

    Buyer's Agent in 2023

    Moniqua McCoy

    Here 2 Serve Realty Inc

    (917) 468-2095

    2 in this area

    34 Total Sales

    Moniqua McCoy
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3408993

OneKey® MLS

APN: 04299-0052

New York Kings County Brooklyn 11207 East New York

701 Pennsylvania Ave, Brooklyn, NY

Not Listed for Sale

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