$1,198,000
$52K PRICE DROP

Estimated payment $7,072/month

Total Views 3,323
9 Beds
4 Baths
2,688 Sq Ft
$446 Price per Sq Ft

About This Home

This exceptional corner brick two-family home in Cypress Hills is perfect for both investors and end-users! Lot size 25x100; Building size 22x60. The first floor offers 4 bedrooms, 1 full bath, 2 living areas, and access to a spacious backyard. The second floor boasts 5 bedrooms, 1 bath, 2 living spaces, and a private balcony. Enjoy high ceilings, abundant natural light from multiple windows, and excellent east-facing exposure. The fully finished basement has a separate entrance. This well-maintained home is move-in ready, offering strong rental income and low annual property tax of just $6,541. Located just minutes from public transportation and major amenities, this is an unbeatable opportunity to own a solid, income-generating property in a fast-growing Brooklyn neighborhood.

Listing Agent

Vivian Li

Prospes Real Estate Corp Brokerage Phone: 718-321-2800 License #10401267841 Listed on: 05/19/2025

Co-Listing Agent

Yuan Zhao

Prospes Real Estate Corp Brokerage Phone: 718-321-2800 License #10401374460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,541

Year Built

  • Built in 1910

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,500 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03916-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,541

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1910
  • Attribution Contact: 718-321-2800
  • Co List Office Mls Id: KEYPRSP01
  • Co List Office Phone: 718-321-2800
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 2688
  • Parcel Number: 03916-0009
  • Property Attached: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6541.08
  • Tax Year: 2024

Map

Range of Values:

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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 $6,541 $61,380 $17,820 $43,560
2024 $6,541 $48,540 $17,820 $30,720
2023 $6,243 $59,580 $17,820 $41,760
2022 $5,506 $57,420 $17,820 $39,600
2021 $5,472 $52,140 $17,820 $34,320
2020 $2,719 $56,280 $17,820 $38,460
2019 $5,384 $56,280 $17,820 $38,460
2018 $4,925 $25,618 $11,741 $13,877
2017 $4,630 $24,184 $9,853 $14,331
2016 $1,973 $22,840 $10,941 $11,899
2015 $1,156 $22,840 $14,896 $7,944
2014 $1,156 $22,616 $17,157 $5,459
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $1,198,000 -4.2% $446 / Sq Ft
05/19/2025 05/19/25 For Sale $1,250,000 +20.8% $465 / Sq Ft
11/17/2022 11/17/22 Sold $1,035,000 +8.9% $385 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $950,000 -- $353 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,035,000 --
Deed $1,035,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,500 Purchase Money Mortgage
Closed $724,500 Purchase Money Mortgage
Previous Owner $265,000 No Value Available
Previous Owner $134,054 No Value Available
Closed $0 No Value Available
Source: Public Records

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Source: OneKey® MLS

MLS Number: 864190

OneKey® MLS

APN: 03916-0009