C
Seller's Agent in 2025
Chao Min Xu
Tiger Realty
(917) 708-9966
1 in this area
13 Total Sales
Estimated Value: $634,171 - $686,000
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.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $3,700,000 | -9.3% | $606 / Sq Ft |
| 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 | -- | -- | -- |
| 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 |
|---|---|---|---|---|
| 2026 | $5,761 | $45,720 | $7,200 | $38,520 |
| 2025 | $5,480 | $48,180 | $7,200 | $40,980 |
| 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 |
| 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 |
C
Seller's Agent in 2025
Chao Min Xu
Tiger Realty
(917) 708-9966
1 in this area
13 Total Sales
Seller Co-Listing Agent in 2025
Huizhen Li
RE/MAX
(646) 203-7488
2 in this area
18 Total Sales
L
Buyer's Agent in 2025
Li Juan Li
RE/MAX
(646) 580-9888
1 in this area
5 Total Sales
Source: Brooklyn Board of REALTORS®
MLS Number: 488296
APN: 07761-0027
Ask me questions while you tour the home.