$2,700,000
PENDING

Estimated payment $26,582/month

Total Views 3,774
-- Bed
32 Baths
46,600 Sq Ft
$58 Price per Sq Ft

Highlights

  • Intercom to Front Desk
  • 2-minute walk to 79 Street (D,M Line)
  • Wood Flooring
  • P.S. 204 Vince Lombardi Rated A
  • 13,144 Sq Ft lot
  • 5-minute walk to Garibaldi Playground

About This Home

Calling all Investors! This apartment building consisting of 32 units in the heart of Bensonhurst Brooklyn brings in an annual gross income of $447,275 a year with room for growth. Low rents create the opportunity for great upside in your investment. The average rent in the building is approximately $1,165. a month. Clean and well kept common areas and basement. Two staircases lead to the apartments on each floor in this H-shaped building. A mix of one bedroom and two bedroom units throughout the apartment building. Property management and superintendent in place to manage the property.

Listing Agent

Sal Calabrese

Listed on: 02/13/2025

Co-Listing Agent

Daniel Calabrese

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $146,364

Year Built

  • Built in 1927

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 116.92 x 112.45 x 105.02 x 63.03
  • Irregular Lot
  • Side Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 32 Full Bathrooms
  • 46,600 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Linoleum
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 6284

Community Details

Overview

  • 32 Units
  • On-Site Maintenance

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Building Details

  • Fuel Expense $45,536
  • Insurance Expense $43,916
  • Utility Expense $2,777
  • Gross Income $447,275
  • Net Operating Income $116,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$146,364

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 11760
  • Building Length: 112.00
  • Building Width: 105.00
  • Co List Office Mls Id: 110460
  • Co List Office Phone: (718) 236-7100
  • Confirmed By M L S Y N: Yes
  • Cross Street: 80th St
  • Cross Street Name2: 81st St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 32
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 46600
  • Building Stories: 4
  • Street Name I D X: New Utrecht
  • Street Number I D X: 8001
  • Year Built: 1927
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 32
  • Flooring: Hardwood, Laminate, Linoleum
  • Lot Sq Ft: 13144

Exterior Features

  • Yard: Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick, Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 19
  • Roof: Asphalt/Tar, Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 45536.00

Lot Info

  • Lot Dimensions: 116.92 x 112.45 x 105.02 x 63.03
  • Lot Size Irregular: Yes
  • Lot Size Length: 112
  • Lot Size Width: 116
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 330817.00
  • Annual Gross Income: 447275
  • Insurance Expense: 43916.00
  • Property Net Operating Income: 116458.00
  • Unit Count: 1
  • Annual Utility Expenses: 2777.00

Tax Info

  • Flip Tax Amount: 146364.00

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

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $2,700,000 -8.5% $58 / Sq Ft
02/13/2025 02/13/25 For Sale $2,950,000 -- $63 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 489200

Brooklyn Board of REALTORS®