$1,950,000

Estimated payment $11,952/month

Total Views 2,629
-- Bed
-- Bath
4,000 Sq Ft
$488 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to 36 Street (D,M,N,R Line)
  • 1-minute walk to D'emic Playground
  • Heating System Uses Steam
  • Back Yard

About This Home

Check out this fantastic investment opportunity in the highly sought-after Greenwood Heights/Sunset Park area! This solid brick mixed-use building features seven residential units plus a storefront, all situated on a vibrant and busy stretch of 4th Avenue. With excellent access to transportation and shopping, this location is ideal. The property boasts an impressive annual rent roll of approximately $156,000. Don’t miss your chance to secure a valuable piece of real estate in one of Brooklyn’s premier neighborhoods. This money-making building operates smoothly—just sit back and enjoy the rental income!

Listing Agent

Firas Toum

Keller Williams Realty Empire Listed on: 10/21/2024

Keller Williams Realty Empire

Co-Listing Agent

Dalila Saket

Keller Williams Realty Empire

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,300

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Irregular Lot
  • Back Yard

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Wood Flooring
  • Basement Cellar

Utilities

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

Community Details

Overview

  • 7 Units

Building Details

  • Fuel Expense $4,000
  • Insurance Expense $5,000
  • Gross Income $156,000

Property Details

Property Type

Other

Est. Annual Taxes

$15,300

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117340
  • Co List Office Phone: (718) 954-8400
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 34 ST
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 7
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Street Name I D X: 4th
  • Street Number I D X: 922
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4000.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 80
  • Lot Size Width: 20

Multi Family

  • Annual Gross Expense: 30300.00
  • Annual Gross Income: 156000
  • Insurance Expense: 5000.00
  • Unit Count: 8

Tax Info

  • Flip Tax Amount: 15300.00

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

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 $16,646 $323,100 $9,000 $314,100
2024 $16,646 $404,100 $9,000 $395,100
2023 $15,125 $460,350 $9,000 $451,350
2022 $10,479 $518,400 $9,000 $509,400
2021 $14,009 $609,750 $9,000 $600,750
2020 $6,668 $592,200 $9,000 $583,200
2019 $12,816 $493,560 $9,000 $484,560
2018 $12,063 $94,844 $2,075 $92,769
2017 $11,173 $87,846 $2,036 $85,810
2016 $11,325 $87,846 $2,247 $85,599
2015 $6,808 $85,060 $2,356 $82,704
2014 $6,808 $78,785 $2,617 $76,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $1,950,000 -2.5% $488 / Sq Ft
12/10/2024 12/10/24 Price Changed $1,999,000 -4.8% $500 / Sq Ft
10/21/2024 10/21/24 For Sale $2,100,000 -- $525 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,500,000 --
Deed $1,500,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,000 Unknown
Open $1,050,000 Purchase Money Mortgage
Closed $1,050,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 486926

Brooklyn Board of REALTORS®

APN: 00688-0038