$1,960,000

Estimated payment $12,258/month

Total Views 2,297
12 Beds
6 Baths
4,620 Sq Ft
$424 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Sunset Park
  • Multiple cooling system units
  • Back Yard

About This Home

Free market!!!(3 unit's Free market!) Cap rate over 6%! 8th AVE SUNSET PARK Most Desirable Location. Where You Will Find This Incredible Investment Opportunity - A Semi-Detached Solid Brick 6 Family Building In Excellent Condition + Fully Finished Basement with Separate F Front Entrance, 1 apartment 1 bedroom, 4 apartments 2 bedrooms, 1 apartment 3 bedrooms. Just minutes to 8th Avenue shopping and transit. This amazing investment property; too good to be true...don't miss out on this amazing opportunity for a prized piece of real estate in one of the most sought after and most desirable neighborhoods in small town Brooklyn...

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 03/24/2025

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,827

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Finished Basement

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

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 919

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $6,900
  • Insurance Expense $3,000
  • Utility Expense $500
  • Gross Income $136,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,827

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1540
  • Building Length: 77.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Av
  • Cross Street Name2: 8th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 4620
  • Building Stories: 3
  • Street Name I D X: 41st
  • Street Number I D X: 719
  • Year Built: 1926
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2504

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 60
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 6900.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 34027.00
  • Annual Gross Income: 136320
  • Insurance Expense: 3000.00
  • Unit Count: 6
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 16827.00

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
05/24/2025 05/24/25 Price Changed $1,960,000 -1.0% $424 / Sq Ft
03/24/2025 03/24/25 For Sale $1,980,000 -- $429 / Sq Ft
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 490274

Brooklyn Board of REALTORS®

APN: 00919-0060