$2,000,000

Estimated payment $13,158/month

Total Views 2,016
-- Bed
-- Bath
3,200 Sq Ft
$625 Price per Sq Ft

Highlights

  • Tile Flooring
  • 3-minute walk to Avenue U (N Line)
  • Baseboard Heating
  • P.S. 95 - The Gravesend Rated A-

About This Home

Mixed use property in the heart of Gravesend. 2 stores, 2 apartments, semifinished basement. Each apartment is two bedroom apartment. Great investment opportunity for an investor. Semi-detached brick mixed use corner property. One of the apartments has a large terrace. Building is completely totally renovated, modern tenants apartments with new SS appliances, new floors, new ceilings, new walls, new windows, just painted, etc. Sores are redone with new walls, floors, new kitchens and bathrooms, etc. Modern kitchens and bathrooms throw-out, great convenient location, close to trains (Ave T close subway station) & buses (Ave U buses and Stillwell Ave buses), close to shopping, parks and schools. The house is recently renovated including brand new electrical, plumbing, sheetrock, kitchens, bathrooms, floors, walls and insulation around the outside walls. First floor store potential income $4500mth, another store $3000mth, both apartments upstairs are over $5K, the total income is over $12,500 per month.

Listing Agent

Diana Melerud

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,944

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 88 x 20

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Basement Fills Entire Space Under The House

Flooring

  • Parquet
  • Tile

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7096

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,800
  • Insurance Expense $1,000
  • Utility Expense $180
  • Gross Income $144,840
  • Net Operating Income $116,000

Property Details

Property Type

Other

Est. Annual Taxes

$23,944

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1600
  • Building Length: 80.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave T
  • Cross Street Name2: Ave U
  • Gross Lease: 144840
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Inventory Expense: 100.00
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 12
  • Building Stories: 2
  • Street Name I D X: 9th
  • Street Number I D X: 2010
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Parquet, Tile
  • Walls: Sheet Rock

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 88
  • Lot Size Width: 20

Rental Info

  • Rent Income: 144840

Multi Family

  • Annual Gross Expense: 480.00
  • Annual Gross Income: 144840
  • Insurance Expense: 1000.00
  • Miscellaneous Expense: 50.00
  • Property Net Operating Income: 116000.00
  • Annual Utility Expenses: 180.00

Tax Info

  • Flip Tax Amount: 23944.00

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

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $2,000,000 +11.1% $625 / Sq Ft
04/04/2025 04/04/25 Price Changed $1,800,000 +2.9% $563 / Sq Ft
03/26/2025 03/26/25 Price Changed $1,750,000 -2.8% $547 / Sq Ft
01/21/2025 01/21/25 Price Changed $1,800,000 -14.3% $563 / Sq Ft
12/30/2024 12/30/24 For Sale $2,100,000 -- $656 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 488297

Brooklyn Board of REALTORS®