$1,600,000

952 3rd Ave Brooklyn, NY 11232

Greenwood Heights Neighborhood

Estimated payment $8,787/month

Total Views 423
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Income-Generating Gem in Sunset Park!:This versatile 3-story property at 952 3rd Avenue offers a rare opportunity for savvy investors or business owners. The ground floor features a spacious 17’ x 50’ commercial storefront, perfectly positioned for high foot traffic and maximum visibility. Above, you’ll find two large, sun-drenched residential units (2nd and 3rd floors), each boasting a 2-bedroom, 1-bathroom layout. With Sunset Park’s rental market booming, this building is a turnkey cash cow with massive upside potential. Located nearby from Industry City, Costco, and the D, N, and R express trains. Perfect for investors or owner-users seeking a turnkey property with massive upside in a booming market

Listing Agent

David Feng

E House Realty & Mgt. Inc. Listed on: 04/04/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,652

Lot Details

  • 1,870 Sq Ft Lot
  • Lot Dimensions are 98 x 17

Home Design

  • Mixed Use

Additional Features

  • Unfinished Basement

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $3,500
  • Utility Expense $1,000
  • Gross Income $87,600
  • Net Operating Income $73,148

Property Details

Property Type

Other

Est. Annual Taxes

$3,652

Lot Details

1,870 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 17.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 36th St
  • Cross Street Name2: 37th St
  • Heat Delivery: None
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: 3rd
  • Special Features: None

Interior Features

  • Flooring: None
  • Lot Sq Ft: 1870

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: None
  • Hot Water: None

Fee Information

  • Annual Fuel Expense: 3800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 98
  • Lot Size Width: 17

Rental Info

  • Rent Income: 87600

Multi Family

  • Annual Gross Expense: 14451.72
  • Annual Gross Income: 87600
  • Insurance Expense: 3500.00
  • Property Net Operating Income: 73148.28
  • Unit Count: 3
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 3651.72

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 $3,668 $56,520 $6,960 $49,560
2024 $3,668 $53,040 $6,960 $46,080
2023 $3,499 $46,860 $6,960 $39,900
2022 $3,245 $36,780 $6,960 $29,820
2021 $3,227 $34,260 $6,960 $27,300
2020 $2,411 $22,680 $6,960 $15,720
2019 $3,184 $19,740 $6,960 $12,780
2018 $2,927 $14,358 $6,078 $8,280
2017 $2,761 $13,546 $6,138 $7,408
2016 $2,555 $12,780 $6,960 $5,820
2015 $2,023 $12,780 $6,960 $5,820
2014 $2,023 $12,780 $6,960 $5,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2026 04/04/26 For Sale $1,600,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $639,000 --
Deed $639,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Closed $0 No Value Available
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500208

Brooklyn Board of REALTORS®

APN: 00695-0038

New York Kings County Brooklyn 11232 Greenwood Heights

952 3rd Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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David Feng
Listing Agent
David Feng
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E House Realty & Mgt. Inc.
(917) 231-9764
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