NOT LISTED FOR SALE

735 6th Ave Brooklyn, NY 11215

South Slope Neighborhood
12 Beds
6 Baths
3,900 Sq Ft
1,924 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $980,000 $251 Per Sq Ft

709 Days on Market

Highlights

  • Cooling Available
  • Hot Water Baseboard Heater
  • 4-minute walk to Slope Park Playground
  • Magnet School of Math Science & Design Technology Rated A-

About This Home

As of March 2024

Prime Investment Opportunity: Fully Occupied Rent-Stabilized Building. Explore a lucrative investment in this rent-stabilized gem, fully occupied by a mix of tenants and the owner. The six-family layout is well-maintained, with spacious open-floor plan units featuring two rooms and a full bathroom. Separate gas and electrical meters for each unit ensure efficiency.

This property is sold 'as-is, where-is,' including tenants, violations, and all. One unit to be vacated at closing. The seller is exclusively considering cash-buyers, with a 30-day closing period. Unlock its potential with a simple facelift for increased profitability. Don't miss out on this high-growth investment opportunity!

Last Agent to Sell the Property

Rashid Bhuiyan

Bhuiyan Properties LLC License #10401281278 Listed on: 08/10/2023

Last Buyer's Agent

Oksana Bhuiyan

Tom Crimmins Realty, Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,768

Year Built

  • Built in 1931

Lot Details

  • 1,924 Sq Ft Lot
  • Lot Dimensions are 26x50

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 110 Volts
  • Individual Gas Meter

Community Details

  • 6 Units
  • Gross Income $62,994

Listing and Financial Details

  • Legal Lot and Block 0003 / 00900
  • Assessor Parcel Number 00900-0003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,768

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: 6F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Lot Size: 26x50
  • Directions: 4th Avenue to 23rd Street, located c/o of 6th Ave. Please follow GPS
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1931
  • General Property Info:Public Remarks3: Prime Investment Opportunity: Fully Occupied Rent-Stabilized Building. Explore a lucrative investment in this rent-stabilized gem, fully occupied by a mix of tenants and the owner. The six-family layout is well-maintained, with spacious open-floor plan units featuring two rooms and a full bathroom. Separate gas and electrical meters for each unit ensure efficiency. This property is sold 'as-is, where-is,' including tenants, violations, and all. One unit to be vacated at closing. The seller is exclusively considering cash-buyers, with a 30-day closing period. Unlock its potential with a simple facelift for increased profitability. Don't miss out on this high-growth investment opportunity!
  • ContractLocation Information:List PriceSqFt2: 256.41
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Fair
  • Income Expenses Gross Income: 62994.12
  • Annual Expenses: 24405.7
  • Income Expenses Net Income: 38588.0
  • General Property Info:Year Built Info: Approx
  • General Property Info:Rent Control Number of Units: 6.0
  • General Property Info:Rent Stabilized Number Units: 6.0
  • Extras:Other3: Yes
  • Special Features: None
  • Stories: 3
  • Year Built: 1931

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Heat Source:Oil: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 1924.0
  • Lot Size Units: Square Feet
  • Parcel #: 00900-0003
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 1924.0
  • General Property Info:Lot Dim: 26x74

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 62994.12
  • Property Net Operating Income: 38588.0
  • Annual Operating Expense: 24405.7

Tax Info

  • Tax Annual Amount: 10768.0
  • Tax Block: 00900
  • Tax Lot: 0003
  • General Property Info:Taxes2: 10768.0
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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
03/11/2024 03/11/24 Sold $980,000 -2.0% $251 / Sq Ft
01/09/2024 01/09/24 Off Market $999,999 -- --
01/08/2024 01/08/24 Pending -- -- --
10/05/2023 10/05/23 Price Changed $999,999 -4.7% $256 / Sq Ft
08/14/2023 08/14/23 Price Changed $1,049,000 -2.8% $269 / Sq Ft
01/29/2022 01/29/22 For Sale $1,079,000 -- $277 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $12,238 $482,850 $5,400 $477,450
2024 $12,238 $537,300 $5,400 $531,900
2023 $11,622 $555,750 $5,400 $550,350
2022 $10,740 $694,800 $5,400 $689,400
2021 $9,975 $666,000 $5,400 $660,600
2020 $4,541 $646,650 $5,400 $641,250
2019 $9,496 $538,920 $5,400 $533,520
2018 $9,270 $72,881 $876 $72,005
2017 $8,588 $67,523 $943 $66,580
2016 $8,064 $62,550 $1,040 $61,510
2015 $5,233 $57,920 $1,154 $56,766
2014 $5,233 $57,920 $1,186 $56,734
Source: Public Records

Agents Affiliated with this Home

  • Rashid Bhuiyan

    Seller's Agent in 2024

    Rashid Bhuiyan

    Bhuiyan Properties LLC

    (347) 450-6855

    1 in this area

    81 Total Sales

    Rashid Bhuiyan
    Section Image

  • O

    Buyer's Agent in 2024

    Oksana Bhuiyan

    Tom Crimmins Realty, Ltd.

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1151944

Staten Island Multiple Listing Service

APN: 00900-0003

New York Kings County Brooklyn 11215 South Slope

735 6th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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