Charles Farraj
Weichert Realtors 1st Premier
(646) 971-1880
18 Total Sales
1 in East Flatbush
$650,000 Price
Estimated Value: $1,457,790
Beyond Capital is excited to present the disposition of 89 East 46th Street, a three family which is currently occupied but can be delivered vacant. The strong demand for sales and rentals continues to drive the residential market in East Flatbush, offering investors and/or developers the opportunity to acquire an asset with considerable long-term upside as either a long term rental property or condominium conversion in the coming years. The property is 3,600 sq ft, containing 3 fully renovated residential units, each having a 3 three-bedroom layout, with a common laundry room for tenants in the basement and two parking spots. The first floor apartment also has a basement unit that is currently being rented. The potential to duplex the basement and the first floor must be consulted with an Architect. The property is a 20? x 100? lot with R6 zoning and includes 1,260 sq ft of air rights for expansion. The building was constructed in 2006 and has been renovated within the last few years. The property is perfectly situated within walking distance to three major hospitals and 12+ medical facilities within a 7 mile radius creating a high demand for housing. The subject property offers an existing rent roll in place with medical and business professionals currently living on a month to month lease with the intent to do an annual lease. The property is close to all transportation. Walking distance to the Kingsbrook, Kings County & SUNY Downstate Medical Centers. Current CAP rate is 6.21%. Total annual net income is $90,110.44
Setup available upon request. Minimum 24 hours notice needed to show.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Charles Farraj
Weichert Realtors 1st Premier
(646) 971-1880
18 Total Sales
1 in East Flatbush
$650,000 Price
Joseph DeVito
BHHS Fillmore R.E.
(877) 719-3170
43 Total Sales
3 in East Flatbush
$260K - $910K Price Range
Vincent Koo
EXP Realty
(929) 552-9370
94 Total Sales
1 in East Flatbush
$920,000 Price
Lisa Boncich
Signature Premier Properties
(631) 778-7973
54 Total Sales
1 in East Flatbush
$750,000 Price
Richard Krug
Coldwell Banker American Homes
(516) 400-4970
171 Total Sales
2 in East Flatbush
$725K - $750K Price Range
Kenneth Trestka
Ken Trestka Real Estate Inc
(934) 223-2833
88 Total Sales
1 in East Flatbush
$650,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,500,000 | -- | ||
| Hskcd Realty Llc | $1,350,000 | -- | |
| East 46 Llc | -- | -- | |
| Harel Gilad | $647,000 | -- | |
| Mi Casa R Ny Llc | $438,500 | -- | |
| Ousseini Saidou | -- | -- | |
| E 46Th Street Corp | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,242,200 | ||
| Closed | Kupfer Rachel | $1,176,528 | |
| Closed | -- | $1,200,000 | |
| Previous Owner | -- | $810,000 | |
| Previous Owner | -- | $635,281 | |
| Closed | Mi Casa R Ny Llc | $50,000 | |
| Closed | -- | $400,000 | |
| Previous Owner | Ousseini Saidou | $652,000 | |
| Previous Owner | E 46Th Street Corp | $300,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2019 07/30/19 | Sold | $1,350,000 | 0.0% | $375 / Sq Ft |
| 06/14/2019 06/14/19 | Pending | -- | -- | -- |
| 01/18/2019 01/18/19 | For Sale | $1,350,000 | -- | $375 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,614 | $77,760 | $23,100 | $54,660 |
| 2025 | $9,614 | $73,380 | $23,100 | $50,280 |
| 2024 | $9,614 | $73,380 | $23,100 | $50,280 |
| 2023 | $9,648 | $71,280 | $23,100 | $48,180 |
| 2022 | $8,947 | $78,120 | $23,100 | $55,020 |
| 2021 | $8,898 | $74,280 | $23,100 | $51,180 |
| 2020 | $4,173 | $56,340 | $23,100 | $33,240 |
| 2019 | $8,344 | $56,340 | $23,100 | $33,240 |
| 2018 | $8,070 | $39,588 | $14,433 | $25,155 |
| 2017 | $7,613 | $37,348 | $19,697 | $17,651 |
| 2016 | $7,044 | $35,234 | $22,646 | $12,588 |
| 2015 | $4,932 | $33,240 | $25,680 | $7,560 |
| 2014 | $4,932 | $33,240 | $25,680 | $7,560 |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10547689
APN: 04826-0079
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