$820,000
PENDING

723 E 87th St Brooklyn, NY 11236

Canarsie Neighborhood

Estimated payment $5,110/month

Total Views 1,456
-- Bed
-- Bath
2,160 Sq Ft
$380 Price per Sq Ft

Highlights

  • Wood Flooring
  • Private Driveway
  • Back and Front Yard
  • Baseboard Heating

About This Home

Discover a rare opportunity to own a two family in the heart of Canarsie, just minutes from Rockaway Parkway and the bustling Remsen Avenue shopping district. This unique property sits on a 40x100 lot, total 2160 square feet with a 22x52.5 of building size with- Spacious living room- Hard wood floor- Well-sized bedrooms- Full bathroom- Two separate entrances for convenienceAdditional Highlights:- two separate heating units- Private driveway fits four cars- Close to major amenities – IHOP, 7-Eleven, supermarkets, and more- minute drive to Canarsie Park & Bergen BeachThis property is perfect for an investor, or homeowner looking for an opportunity in a high-demand neighborhood. Don't miss out on this incredible offering! Schedule your showing today!

Listing Agent

Hong Bin Wu

E House Realty & Mgt. Inc. Listed on: 02/14/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,970

Year Built

  • Built in 1955

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back and Front Yard
  • Property is zoned R4-1

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,160 Sq Ft Home
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • Fuel Expense $3,200
  • Insurance Expense $2,500
  • Utility Expense $1,800
  • Gross Income $216,000

Listing and Financial Details

  • Tax Block 8008

Property Details

Property Type

Other

Est. Annual Taxes

$6,970

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1155
  • Building Length: 52.50
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: east 87 st
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Attributes: 4 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2160
  • Street Name I D X: 87th
  • Street Number I D X: 723
  • Waterfront Present: No
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Other

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R4-1

Rental Info

  • Rent Income: 18000
  • Tenant Monthly Rent: 1500.00

Multi Family

  • Annual Gross Expense: 68400.00
  • Annual Gross Income: 216000
  • Insurance Expense: 2500.00
  • Miscellaneous Expense: 500.00
  • Unit Count: 2
  • Annual Utility Expenses: 1800.00

Tax Info

  • Flip Tax Amount: 6970.00

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

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 $6,971 $38,640 $17,940 $20,700
2024 $6,971 $41,940 $17,940 $24,000
2023 $6,649 $40,020 $17,940 $22,080
2022 $5,834 $36,900 $17,940 $18,960
2021 $6,463 $33,300 $17,940 $15,360
2020 $6,489 $34,860 $17,940 $16,920
2019 $6,050 $33,120 $17,940 $15,180
2018 $5,562 $27,284 $17,735 $9,549
2017 $5,247 $25,740 $17,940 $7,800
2016 $5,266 $26,340 $17,940 $8,400
2015 -- $27,900 $17,940 $9,960
2014 -- $27,900 $17,940 $9,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $820,000 -- $380 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Bargain Sale Deed $250,000 The Judicial Title Ins Agenc
Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,950 FHA
Previous Owner $203,150 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 489248

Brooklyn Board of REALTORS®

APN: 08008-0026

New York Kings County Brooklyn 11236 Canarsie

723 E 87th St, Brooklyn, NY

This home is located at 723 E 87th St, Brooklyn, NY 11236 and is currently priced at $820,000, approximately $379 per square foot. This property was built in 1955. 723 E 87th St is a home located in Kings County with nearby schools including P.S. 114 Ryder Elementary School, Is 68 Isaac Bildersee, and Explore Excel Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Hong Bin Wu
Section Image
E House Realty & Mgt. Inc.
(917) 540-9483