NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
2,609 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $1,255,000

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Heating System Uses Steam
  • Ditmas Junior High school Rated A-

About This Home

As of November 2021

Solid brick 6-families semi-detached in desired Midwood. Lot size: 27'x100', building size 22'x80'. This prime property is well-maintained and consists of five (2) bedroom apartments and one (1) bedroom apartment. It is a great opportunity to own this investment property with a $99,372 annual rental income. This prized piece of real estate has tremendous possibilities and potential.
Conveniently located between Foster Ave and Avenue H, you're right near local shops, restaurants, theaters, dance studios, and public transportation like B8 and B68 and B train. This is a great income-generating property right in Midwood. This home is located in New York City Geographic District #22, a great school district, and is zoned for R7A.

Last Agent to Sell the Property

Kevin Lam

Momentum Real Estate LLC Listed on: 08/18/2021

Co-Listed By

Priscilla Tran

Momentum Real Estate LLC

Last Buyer's Agent

Priscilla Tran

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,300

Year Built

  • Built in 1925

Lot Details

  • 2,609 Sq Ft Lot
  • Lot Dimensions are 100 x 27

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6497

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,842
  • Gross Income $99,372
  • Net Operating Income $67,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,300

Year Built

Built in 1925

Lot Details

2,609 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 22.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Cross Street Name2: Avenue H
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Building Stories: 3
  • Street Name I D X: 9th
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2609

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 57
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R7a

Rental Info

  • Rent Income: 99372

Multi Family

  • Annual Gross Expense: 31742.00
  • Annual Gross Income: 99372
  • Insurance Expense: 2842.00
  • Property Net Operating Income: 67630.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 19300.00
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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
11/16/2021 11/16/21 Sold $1,255,000 -- --
08/18/2021 08/18/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $22,436 $362,700 $4,050 $358,650
2024 $22,436 $302,400 $4,050 $298,350
2023 $22,014 $252,000 $4,050 $247,950
2022 $21,143 $303,750 $4,050 $299,700
2021 $19,628 $357,300 $4,050 $353,250
2019 $17,350 $372,600 $4,050 $368,550
2018 $17,558 $138,045 $1,294 $136,751
2017 $16,907 $132,926 $1,440 $131,486
2016 $15,867 $123,080 $1,511 $121,569
2015 $10,302 $114,392 $1,685 $112,707
2014 $10,302 $106,189 $1,593 $104,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454807

Brooklyn Board of REALTORS®

APN: 06497-0057

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