$2,588,000

Estimated payment $14,181/month

Total Views 5,984
7 Beds
4 Baths
3,200 Sq Ft
$809 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to 79 Street (D,M Line)
  • Baseboard Heating
  • P.S. 204 Vince Lombardi Rated A
  • 2 Car Attached Garage
  • Private Driveway

About This Home

Exceptional 4-Family Investment Property with private parking... Endless Income Potential Discover unparalleled luxury in this brand-new 4-family construction, where the owner has spared no expense from top to bottom.
This remarkable building features three expansive 2-bedroom luxury units and one spacious 1-bedroom luxury unit, all meticulously designed for modern living and incorporating exquisite outdoor balcony space. Property Highlights: • State-of-the-Art Construction: New electrical, plumbing, and sprinkler systems ensure peace of mind and efficiency. • Gourmet Kitchens: Each unit boasts brand-new kitchens equipped with stainless steel appliances, perfect for the discerning tenant.
• Luxurious Bathrooms: All bathrooms have been newly installed with high-end fixtures and finishes. • Commercial-Grade Garage: A large, commercial-grade garage offers ample parking and storage options. • Prime Location: Situated on a generous corner lot, this property offers excellent curb appeal and convenience. This investment property is vacant, providing you with the flexibility to set market rents and choose your tenants. Don't miss out on this exceptional opportunity to secure a high-income generating asset. MLS Approve - No Financial provided due to property is vacant

Listing Agent

Carl DeFilippo

RE/MAX Real Estate Professionals Listed on: 04/15/2025

RE/MAX Real Estate Professionals

Co-Listing Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,977

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Stucco Exterior

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 6270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,977

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: 79th St
  • Cross Street Name2: 80th St
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 4
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3200
  • Building Stories: 2
  • Street Name I D X: 16th
  • Building Style: Other
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Block
  • Exterior: Stucco
  • Foundation Details: Block
  • Lot Number: 38
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6977.00

Multi Family

  • Unit Count: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $6,977 $205,650 $31,050 $174,600
2024 $6,977 $120,600 $31,050 $89,550
2023 $15,311 $158,850 $31,050 $127,800
2022 $15,032 $143,550 $31,050 $112,500
2021 $12,031 $112,500 $31,050 $81,450
2020 $12,031 $156,600 $31,050 $125,550
2019 $14,128 $147,600 $31,050 $116,550
2018 $13,039 $138,600 $31,050 $107,550
2017 $12,604 $134,550 $31,050 $103,500
2016 $11,601 $127,800 $31,050 $96,750
2015 $6,373 $123,300 $31,050 $92,250
2014 $6,373 $95,850 $31,050 $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Price Changed $2,588,000 +17.9% $809 / Sq Ft
05/25/2025 05/25/25 Price Changed $2,195,000 -15.2% $686 / Sq Ft
05/24/2025 05/24/25 Price Changed $2,588,000 +20.4% $809 / Sq Ft
05/23/2025 05/23/25 Price Changed $2,150,000 -16.9% $672 / Sq Ft
05/23/2025 05/23/25 Price Changed $2,588,000 +20.4% $809 / Sq Ft
05/21/2025 05/21/25 Price Changed $2,150,000 -1.1% $672 / Sq Ft
05/13/2025 05/13/25 Price Changed $2,175,000 -0.9% $680 / Sq Ft
05/10/2025 05/10/25 Price Changed $2,195,000 -2.4% $686 / Sq Ft
05/06/2025 05/06/25 Price Changed $2,250,000 -2.0% $703 / Sq Ft
05/05/2025 05/05/25 Price Changed $2,295,000 -2.3% $717 / Sq Ft
05/04/2025 05/04/25 Price Changed $2,350,000 -1.6% $734 / Sq Ft
05/02/2025 05/02/25 Price Changed $2,388,000 -4.0% $746 / Sq Ft
04/15/2025 04/15/25 For Sale $2,488,000 -- $778 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 490882

Brooklyn Board of REALTORS®

APN: 06270-0038