$1,799,000

968 Rutland Rd Brooklyn, NY 11212

East Flatbush Neighborhood

Estimated payment $10,422/month

Total Views 2,494
-- Bed
-- Bath
4,320 Sq Ft
$416 Price per Sq Ft

About This Home

Great investment property! One laundry and Two-family. First floor: building size is 20x90. Basement: 20x90. Second floor: 20x63. Third floor: 20x63. The 2nd and 3rd floor each features 4 bedrooms and 2 full bathrooms. Very low property taxes. Separate heater and boiler. The laundry has their own water meter.

Listing Agent

Yun Bin (Roy) Wang

E House Realty & Mgt. Inc. Listed on: 03/07/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,860

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Back Yard
  • Property is zoned R6

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,320 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 4611

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $4,200
  • Utility Expense $2,400
  • Gross Income $102,000

Property Details

Property Type

Other

Est. Annual Taxes

$6,860

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1260
  • Building Length: 63.00
  • 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: REMSEN AVE
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4320
  • Building Stories: 3
  • Street Name I D X: Rutland
  • Street Number I D X: 968
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 3
  • Roof: Asphalt/Tar

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Dimensions: 20X100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6

Rental Info

  • Rent Income: 72000

Multi Family

  • Annual Gross Expense: 8600.00
  • Annual Gross Income: 102000
  • Insurance Expense: 4200.00
  • Unit Count: 3
  • Annual Utility Expenses: 2400.00

Tax Info

  • Flip Tax Amount: 6860.00

Map

Range of Values:

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Average Value
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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 $6,860 $59,580 $12,300 $47,280
2024 $6,860 $59,160 $12,300 $46,860
2023 $6,563 $68,700 $12,300 $56,400
2022 $4,786 $56,220 $12,300 $43,920
2021 $6,350 $49,080 $12,300 $36,780
2020 $2,978 $48,300 $12,300 $36,000
2019 $5,954 $48,300 $12,300 $36,000
2018 $5,489 $26,928 $8,227 $18,701
2017 $5,431 $26,640 $8,724 $17,916
2016 $5,026 $25,143 $9,527 $15,616
2015 $2,811 $23,720 $10,663 $13,057
2014 $2,811 $23,720 $10,830 $12,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $1,799,000 -2.8% $416 / Sq Ft
04/01/2025 04/01/25 Price Changed $1,850,000 -7.0% $428 / Sq Ft
03/07/2025 03/07/25 For Sale $1,990,000 -- $461 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $969,990 --
Deed $630,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,861 Unknown
Open $510,000 Purchase Money Mortgage
Previous Owner $390,000 Commercial
Previous Owner $357,500 Commercial
Previous Owner $43,925 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 489814

Brooklyn Board of REALTORS®

APN: 04611-0003

New York Kings County Brooklyn 11212 East Flatbush

968 Rutland Rd, Brooklyn, NY

This home is located at 968 Rutland Rd, Brooklyn, NY 11212 and is currently priced at $1,799,000, approximately $416 per square foot. This property was built in 1931. 968 Rutland Rd is a home located in Kings County with nearby schools including P.S. 219 Kennedy King, East Flatbush Community Research School, and Kings Elementary School.

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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Yun Bin (Roy) Wang
Listing Agent
Yun Bin (Roy) Wang
Section Image
E House Realty & Mgt. Inc.
(917) 905-1964