839 E 57th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $25,355/month
Highlights
- Wood Flooring
- Multiple cooling system units
- Private Driveway
- Handicap Accessible
- Heating System Uses Steam
- 4-minute walk to Fox Playground
About This Home
Great opportunity to own this remarkable mixed-use building: 2 stores plus 4 – units with a private parking spot, and located in a busy commercial area, 57th St between 8th Ave and 9th Ave of Brooklyn, NY. The building’s size: 25x73', lot size: 30x100' lot, R6 Zoning. The First Floor and Second floor are 2 commercial spaces with a private elevator and suitable for medical clinic, community center, elderly center, childcare center, etc. Second Floor: 2F: 3 bedrooms and 1 Bath; 2R: 4 bedrooms and 1.5 baths. Third Floor: 3F: 3 Bedrooms and 1 Bath; 3R: 3 bedrooms and 1.5 baths. 2 commercial space leases will end in 2025. The apartments are currently rented month to month. One of the apartments will be deliver vacant.
This high-income real estate building combines consistent cash flow with future growth potential. The property offers an excellent income and appreciation potential, whether you are an experienced real estate investor or looking to add to your portfolio. Don’t miss out on this chance. Gross income: $250,120/Yr; Insure: $7100, property Tax: $30214. 7 electric meters and 7 Gas meters; 2 commercial stores have separate heaters and hot water boilers. For more details, please call the listening agent.
Property Details
Property Type
- Other
Est. Annual Taxes
- $30,214
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 100 x 30
- Irregular Lot
- Back and Front Yard
- Property is zoned R6
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Flooring
- Wood
- Tile
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 1 Parking Space
- Private Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 200+ Amp Service
- Gas Water Heater
Additional Features
- 4-Story Property
- Handicap Accessible
Listing and Financial Details
- Tax Block 5686
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $7,100
- Gross Income $250,120
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,480 | $38,040 | $7,200 | $30,840 |
| 2023 | $5,497 | $39,780 | $7,200 | $32,580 |
| 2022 | $5,074 | $34,380 | $7,200 | $27,180 |
| 2021 | $5,036 | $36,000 | $7,200 | $28,800 |
| 2020 | $5,036 | $31,200 | $7,200 | $24,000 |
| 2019 | $2,207 | $31,200 | $7,200 | $24,000 |
| 2018 | $2,120 | $23,723 | $6,778 | $16,945 |
| 2017 | $4,263 | $22,381 | $7,124 | $15,257 |
| 2016 | $3,911 | $21,115 | $6,999 | $14,116 |
| 2015 | $2,744 | $19,920 | $7,980 | $11,940 |
| 2014 | $2,744 | $19,920 | $7,980 | $11,940 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $4,080,000 | -2.4% | $668 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $4,180,000 | -- | $685 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 488296
APN: 07761-0027
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