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$1,480,000   Price Analysis
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78 Eldert St
Brooklyn, NY 11207
8 bed 4 bath 2,400 SqFt ($616/SqFt)
2,000SqFt lot.
Listed 2024-01-11, Taxes $3,775
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

Exceptional turn-key investment opportunity in the heart of Bushwick

Brooklyn! Gut renovated 20x40 multifamily property sat on a 20x100 lot spread over 3 floors nd a full finished basement featuring modern interiors, stainless steel appliances, energy-efficient upgrades and a massive private backyard.

Prime location near trendy amenities and transportation. Proven rental success w ith strong income potential. Don't miss out on this turnkey investment in one of Brooklyn's most sought-after neighborhoods!


Presented by Wai-Fan Lu at
Grandeur Realty, Inc.


Property MLS #479166 from Brooklyn

Bedrooms: 8

Total Bathrooms: 4.00
Full Bathrooms: 4

Basement Features: Finished, Full

Heating Features: Gas
Water Heaters: Gas

Flooring: Hardwood

Brick
Yard: Back

Lot Size Acres: 0.0459137
Lot Size Square Feet: 2000

Gross Income: 89400

Refrigerator
Stove
Annual Tax Amount: 3913.00
Source Listing Status: Active
County: Kings (Brooklyn)
Cross Street: Bushwick Ave
Source Property Type: Residential
Insurance Expense: 2447.00
Area: Bushwick
Source Neighborhood: Bushwick
Zoning: R6
Property Subtype: Multi-Family
Lot Number: 21
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$54,000 + $16,620
$70,620
$3,775
2021$54,600 + $16,620
$71,220
$3,920
2020$67,800 + $16,620
$84,420
$3,817
2019$54,360 + $16,620
$70,980
$3,559
2018$12,031 + $4,025
$16,056
$3,358
2017$9,558 + $6,200
$15,758
$3,212
2016$10,331 + $5,194
$15,525
$3,103
2015$9,537 + $5,494
$15,031
$2,939
2014$7,965 + $6,216
$14,181
$2,717
2013$8,023 + $5,357
$13,380
$2,567
2012$5,587 + $7,545
$13,132
$2,390
2010$6,622 + $6,316
$12,938
$2,140
2009$5,631 + $6,895
$12,526
$2,019
2007$9,104 + $1,840
$10,944
$1,689

Listed 2024-01-11
$1,480,000
Brooklyn
Listing removed 2017-08-22
$975,000
Brooklyn
Listed 2016-11-16
$975,000
Brooklyn
Sold 2016-10-31
$810,000
Public Record
Listing removed 2016-06-04
$899,000
DouglasElliman
Relisted 2016-05-26
$899,000
DouglasElliman
Listing removed 2016-05-19
$899,000
DouglasElliman
Listed 2016-05-10
$899,000
DouglasElliman
Sold 2016-03-01
$620,000
Brooklyn
Listed 2014-06-18
$975,000
Brooklyn

Net Operating Income: 80039.00
Operating Expense: 9361.00

Total Square Feet Living: 2400
Building Area Total: 800
Building Exterior Type: Attached
Construction Materials: Brick, Wood Frame
Roof: Flat

Electric: 220 V
Utility Expense: 0.00

Ps 45 Horace E Greene is a public elementary and middle school located approximately 0.1 miles away.
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St. Marks Lutheran Schools is a private elementary and middle school located approximately 0.1 miles away.
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Math, Eng, Science Academy Charter High is a public high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.