881 E 39th St Brooklyn, NY 11210
East Flatbush NeighborhoodEstimated payment $7,996/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back and Front Yard
About This Home
Prime Sunset Park location! This well-maintained semi-detached 6-family brick building offers excellent income potential and features a wide shared driveway for added convenience. The property consists of 5 two-bedroom units and 1 one-bedroom unit, generating a gross annual income of $95,900. Recent upgrades include a brand-new water heater, a gas boiler that is approximately 9 years old, and a roof that was replaced 6 years ago. The building measures 20' x 65' and sits on a 26' x 89' lot. A rare opportunity in a highly sought-after neighborhood—won’t last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,277
Year Built
- Built in 1933
Lot Details
- 2,321 Sq Ft Lot
- Lot Dimensions are 89 x 26
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,921 Sq Ft Home
- 3-Story Property
- Stove
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 908
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $6,000
- Insurance Expense $4,400
- Gross Income $95,900
- Net Operating Income $65,228
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 |
|---|---|---|---|---|
| 2025 | $2,435 | $41,820 | $13,020 | $28,800 |
| 2024 | $2,435 | $45,240 | $13,020 | $32,220 |
| 2023 | $1,025 | $40,380 | $13,020 | $27,360 |
| 2022 | $920 | $33,060 | $13,020 | $20,040 |
| 2021 | $4,200 | $35,340 | $13,020 | $22,320 |
| 2020 | $3,150 | $38,040 | $13,020 | $25,020 |
| 2019 | $5,259 | $38,040 | $13,020 | $25,020 |
| 2018 | $4,810 | $25,056 | $10,578 | $14,478 |
| 2017 | $4,718 | $24,616 | $10,515 | $14,101 |
| 2016 | $4,333 | $23,223 | $11,376 | $11,847 |
| 2015 | $2,581 | $22,860 | $14,460 | $8,400 |
| 2014 | $2,581 | $22,118 | $13,991 | $8,127 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 07/16/2025 07/16/25 | For Sale | $1,299,000 | -- | $331 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 494238
APN: 05014-0022
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