NOT LISTED FOR SALE
12 Beds
6 Baths
3,900 Sq Ft
1,924 Sq Ft Lot

Sale Details

Date Sold: March 11, 2024

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

96 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Heating System Uses Steam
  • Magnet School of Math Science & Design Technology Rated A-
  • Window Unit Cooling System
  • 4-minute walk to Slope Park Playground

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 Brokerage Phone: 347-450-6855 License #10491211291 Listed on: 10/03/2023

Last Buyer's Agent

Rashid Bhuiyan

Bhuiyan Properties LLC Brokerage Phone: 347-450-6855 License #10491211291 Listed on: 10/03/2023

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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 26x74
  • Two or More Common Walls
  • Northeast Facing Home
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • JHS 88 Peter Rouget Middle School
  • Sunset Park High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 003 / 900

Community Details

Overview

  • 6 Units
  • Mid-Rise Community

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,768

Year Built

Built in 1931

Lot Details

1,924 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Mid-Rise
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 347-450-6855
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Basement: Full, Unfinished
  • Total Bedrooms: 12
  • Living Area: 3900
  • SquareFootage: 3900.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 6

Exterior Features

  • Direction Faces: Northeast
  • Construction Materials: Frame, Stucco, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 88 Peter Rouget

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 26x74
  • Lot Size Sq Ft: 1924
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Zoning Description: R6B
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas
  • Available Date: 2024-01-31

Multi Family

  • Units Total: 6
  • Separate Electric Meters: 7
  • Separate Gas Meters: 6
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 10768
  • Tax Block: 900
  • Tax Lot: 003
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Sunset Park High School
  • Middle School District: Brooklyn 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Mar 11, 2024
Sold by
Bought by
Seller's Agent
Rashid Bhuiyan
Bhuiyan Properties LLC
Buyer's Agent
Rashid Bhuiyan
Bhuiyan Properties LLC
List Price
$1,049,000
Sold Price
$980,000
Premium/Discount to List
-$69,000
-6.58%
Views
317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$926,310
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$980,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Open $950,000
Closed $1,050,000
Previous Owner $136,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $980,000 -2.0% $251 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
10/05/2023 10/05/23 Price Changed $999,999 -4.7% $256 / Sq Ft
10/03/2023 10/03/23 For Sale $1,049,000 -- $269 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,236 $546,750 $5,400 $541,350
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

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Map

Source: OneKey® MLS

MLS Number: KEY3508121

OneKey® MLS

APN: 00900-0003

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