$1,950,000

Estimated payment $11,610/month

Total Views 4,647
11 Beds
6 Baths
3,855 Sq Ft
$506 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A-
  • Back Yard

About This Home

Nice solid brick six family building in prime Sunset Park. Five units had been renovated recently, all modern kitchens and bathrooms, hardwood floor throughout. Every room has at least a window. The seller is collecting $133k plus yearly currently, nets about $102k plus. Great potential investment, it would be a money maker. This is only a half block away from 8th Avenue business district and close to everything, Won't miss this golden opportunity to own the good one.

Listing Agent

Rui (Nancy) Wu

Listed on: 08/07/2025

Co-Listing Agent

Jian (Carey) Yang

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,165

Year Built

  • Built in 1917

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Irregular Lot
  • Back Yard

Home Design

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

Interior Spaces

  • 3,855 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Block 826

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $3,300
  • Insurance Expense $5,004
  • Utility Expense $800
  • Gross Income $133,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,165

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 79.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Cross Street Name2: 8th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 3855
  • Building Stories: 3
  • Street Name I D X: 55th
  • Building Style: Triplex
  • Waterfront Present: No
  • Year Built: 1917
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Hardwood
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 58
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3300.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 31268.96
  • Annual Gross Income: 133781
  • Insurance Expense: 5003.96
  • Unit Count: 6
  • Annual Utility Expenses: 800.00

Tax Info

  • Flip Tax Amount: 18165.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $16,827 $546,300 $5,400 $540,900
2024 $16,827 $455,400 $5,400 $450,000
2023 $15,987 $467,550 $5,400 $462,150
2022 $14,770 $389,700 $5,400 $384,300
2021 $13,716 $311,850 $5,400 $306,450
2019 $13,057 $355,320 $5,400 $349,920
2018 $12,751 $100,250 $1,219 $99,031
2017 $11,811 $92,862 $1,312 $91,550
2016 $11,088 $86,008 $1,445 $84,563
2015 $7,197 $85,989 $1,734 $84,255
2014 $7,197 $79,640 $1,648 $77,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 For Sale $1,950,000 -- $506 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494855

Brooklyn Board of REALTORS®

APN: 00826-0058