$2,295,000

Estimated payment $14,335/month

Total Views 2,908,838
-- Beds
-- Baths
4,000 Sq Ft
$574 Price per Sq Ft

Highlights

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

About This Home

Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom.
The 1st floor commercial space has access to the finished basement giving it flexibility.
R7A / C2-4 Zoning, FAR 2.47, Annual R.E. taxes are $20,169. Store and 2nd floor currently vacant. Projected Annual Rent Roll = $150,000. Actual Annual Expenses = $32,869.52. Projected NOI = $117,131. *** 5% CAP ***
Super prime, heavy foot traffic location near everything and across the street from the subway! Come take a look for yourself.

Listing Agent

Danny Chung

Listed on: 05/02/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,071

Year Built

  • Built in 1931

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 81 x 20
  • Back Yard
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Carpet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 697

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $3,300
  • Insurance Expense $5,200
  • Utility Expense $800

Property Details

Property Type

Other

Est. Annual Taxes

$20,071

Year Built

Built in 1931

Lot Details

1,620 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 36th Street
  • Cross Street Name2: 37th Street
  • Heat Delivery: Hot Water
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Building Stories: 4
  • Street Name I D X: 4th
  • Year Built: 1931
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Carpeting, Hardwood, Other
  • Lot Sq Ft: 1620

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 9
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 3300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 81
  • Lot Size Width: 20
  • Zoning: R7A

Multi Family

  • Annual Gross Expense: 32869.52
  • Insurance Expense: 5200.00
  • Unit Count: 4
  • Annual Utility Expenses: 800.00

Tax Info

  • Flip Tax Amount: 20071.07

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $20,170 $443,700 $141,750 $301,950
2025 $18,679 $449,550 $141,750 $307,800
2024 $18,679 $404,100 $141,750 $262,350
2023 $16,970 $387,900 $141,750 $246,150
2022 $16,763 $323,100 $141,750 $181,350
2021 $16,444 $380,250 $141,750 $238,500
2020 $8,932 $417,600 $141,750 $275,850
2019 $14,495 $418,050 $141,750 $276,300
2018 $13,535 $106,416 $36,675 $69,741
2017 $13,404 $105,389 $38,467 $66,922
2016 $13,293 $103,114 $41,536 $61,578
2015 $8,168 $95,477 $41,655 $53,822
2014 $8,168 $88,406 $46,259 $42,147
Source: Public Records

Property History

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
05/02/2024 05/02/24 For Sale $2,295,000 -- $574 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

About the Listing Agent

Danny Chung

As a Brooklyn native, and a seasoned Real Estate Broker, I value the trust my clients place in me and I strive to exceed those expectations.

I understand that buying or selling a home is a major life event. My first priority is to make my clients happy. I listen to my client’s wants and needs to achieve the best possible outcome in every transaction. I strive to ensure that the home buying or selling process is fun, easy and stress-free.

I achieve this by evaluating the entire

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Source: Brooklyn Board of REALTORS®

MLS Number: 481562

Brooklyn Board of REALTORS®

APN: 00697-0009

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