$1,950,000 Price Analysis    ♡   Brooklyn, NY 11225 Unknown bed 7 bath unknown SqFt ($0/SqFt) Built 1926 Listed 2024-02-02, Taxes $15,338 | Ⓧ USDA Ineligible due to price & location near Brooklyn |
Prospect Park Lefferts Gardens Mixed Use building Fantastic location 7- two bedroom apartments plus 1 Retail Store on ground floor
6 apartments are renovated with all new kitchens .and bathrooms, floors, walls windows etc. One apartment is vacant . Four apartments are decontrolled , 2 are rent stabilized, one is a preferential rent that will go to market rent at the next vacancy. Store has no lease and pays $2500.00 per year for RE Tax and $ 875 per year for water tax.
There is a new central gas boiler , new hot water tank , new roof , all new windows with the new renovations . Tenants pay online. Actual Net Rent Income $131, 00 Approx 6.3 Cap . not including the vacant apartment. Potential Net Rent income $181, 000.00, 8.4 Cap Call Lsting Broker to sh ow. All Buyers MUST provide Proof of Funds before showing date.
Presented by James D. Orlando at
J ORLANDO REALTY CO.
Property MLS #11220398 from MyStateMLS
Heating Fuel: Gas
Association Fee Amenities: Prospect Lefferts Gardens
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: 36047
Availability Date: 2023-11-09
Directions: Intersection of Flatbush Avenue and Rutland Road. Brooklyn NY 11225
Source Property Type: Multi-Unit (5+)
Area: Kings
Source Neighborhood: Kings
Parcel Number: 5026/154
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $424,800 + $4,050 $428,850 | $15,338 |
| 2021 | $500,400 + $4,050 $504,450 | $13,059 |
| 2020 | $532,350 + $4,050 $536,400 | $12,445 |
| 2019 | $443,070 + $4,050 $447,120 | $12,997 |
| 2018 | $102,978 + $1,132 $104,110 | $13,130 |
| 2017 | $95,331 + $1,104 $96,435 | $12,265 |
| 2016 | $88,078 + $1,216 $89,294 | $11,511 |
| 2015 | $87,836 + $1,458 $89,294 | $11,503 |
| 2014 | $84,778 + $1,695 $86,473 | $11,116 |
| 2013 | $78,829 + $1,256 $80,085 | $9,294 |
| 2012 | $73,116 + $1,065 $74,181 | $9,964 |
| 2010 | $67,209 + $1,479 $68,688 | $9,094 |
| 2009 | $66,448 + $2,240 $68,688 | $8,807 |
| 2007 | $48,508 + $8,555 $57,063 | $6,806 |
$1,950,000
MyStateMLS
Listing removed 2024-04-30
$2,150,000
MyStateMLS
Listing removed 2024-04-29
$0
MyStateMLS
Price Changed 2024-03-11
$2,150,000
MyStateMLS
Listed 2024-02-02
$2,350,000
MyStateMLS
Listing removed 2023-06-30
$0
Brooklyn
Listing removed 2018-01-20
$0
AppfolioUnits
Listing removed 2018-01-19
$3,200
AppfolioUnits
Listed for rent 2018-01-06
$3,200
AppfolioUnits
Listing removed 2017-02-18
$3,733
IdealProperties
Listed for rent 2017-02-07
$3,733
IdealProperties
Listing removed 2016-10-10
$3,884
IdealProperties
Listed for rent 2016-09-23
$3,884
IdealProperties
Listing removed 2016-09-06
$3,200
IdealProperties
Price Changed for rent 2016-08-09
$3,200
IdealProperties
Listed for rent 2016-07-29
$3,600
IdealProperties
Listing removed 2015-04-16
$1,800,000
Brooklyn
Listed 2014-09-19
$1,800,000
Brooklyn
Listing removed 2014-03-30
$1,400
Brooklyn
Listed for rent 2014-03-22
$1,400
Brooklyn
Listing removed 2014-02-03
$1,400
Brooklyn
Listed for rent 2014-01-29
$1,400
Brooklyn
Listing removed 2013-10-16
$2,200
Brooklyn
Listed for rent 2013-10-15
$2,200
Brooklyn
Sold 1999-12-22
$189,500
Public Record
Sold 1990-07-16
$230,000
Public Record
Sold 1986-06-20
$101,500
Public Record
Sold 1985-04-30
$82,500
Public Record
Property Age: 98
Levels or Stories: 4
Structure Type: Masonry - Brick
Year Remodeled: 2016
Water Source: Municipal
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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.