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$1,799,000   Price Analysis
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1197 Flatbush Ave
Brooklyn, NY 11226
5 bed 2 bath unknown SqFt ($0/SqFt)
1,691SqFt lot. Built 1910
Listed 2024-05-08, Taxes $10,181
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

Income Producing Mix-Use For Sale!

Opportun ity is knocking. Call today for your private tour of this centrally located mix-use property. Located in one of Brooklyn's busiest corridors. 1197 Flatbush Ave, offers 2 roomy residential units and an established storefront located on the first floor.

(Total annual rntal income $90, 600 + tenants pays 50% taxes.) the opportunities are limitless and the expenses are limited!


Presented by Ameer Ahmad at
Gma Enterprise.


Property MLS #3550171 from OneKeyMLS

Bedrooms: 5

Total Rooms: 14
Basement Features: Walk-Out Access
Basement Description: Walk-Out Access

Total Bathrooms: 2
Full Bathrooms: 2

Lot Description: Near Public Transit
Lot Size Acres: 0.03882
Lot Size Dimensions: 18.83x89.83
Lot Size Square Feet: 1691

Parking Features: On Street

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Ps 207 Elizabeth G Leary
Elementary School District: Brooklyn 22
High School: Brooklyn College Academy
High School District: Brooklyn 22
Middle School: Ps 207 Elizabeth G Leary
Middle or Junior School District: Brooklyn 22

Ps 361 East Flatbush Early Childhood School is a public elementary school located approximately 0.5 miles away.
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Ms 246 Walt Whitman is a public middle school located approximately 0.5 miles away.
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St. John - Holy Trinity Anglica is a private elementary, middle and high school located approximately 0.3 miles away.
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Midwood High School is a public high school located approximately 0.6 miles away.
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Number of Units: 3

Community Features: Near Public Transportation

Annual Tax Amount: 10979.00
Tax Block: 5188
Source Listing Status: Active
County: Brooklyn
Cross Street: Tilden Ave
Directions: Google maps
List Price Low: 1799000
Source Property Type: Residential Income
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Parcel Number: 05188-0010
Township: Brooklyn
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$36,000 + $15,000
$51,000
$10,181
2021$84,600 + $76,500
$161,100
$17,228
2020$127,800 + $76,500
$204,300
$19,184
2019$116,100 + $76,500
$192,600
$15,389
2018$99,450 + $76,500
$175,950
$11,883
2017$95,850 + $76,500
$172,350
$8,726
2016$125,100 + $40,050
$165,150
$5,677
2015$15,205 + $10,628
$25,833
$5,051
2014$13,733 + $11,452
$25,185
$4,825
2013$10,800 + $12,960
$23,760
$4,559
2012$10,500 + $12,960
$23,460
$4,270
2010$10,277 + $12,542
$22,819
$3,678
2009$9,696 + $11,832
$21,528
$3,678
2007$14,681 + $5,475
$20,156
$3,110

Listed 2024-05-08
$1,799,000
OneKeyMLS
Listing removed 2023-08-26
$1,599,000
OneKeyMLS
Sold 2013-08-13
$475,000
Brooklyn
Listed 2012-10-18
$575,000
Brooklyn
Listing removed 2012-08-01
$659,900
Brooklyn
Price Changed 2012-01-31
$659,900
Brooklyn
Listed 2012-01-30
$659,000
Brooklyn
Listing removed 2010-07-31
$699,000
Brooklyn
Listed 2010-06-16
$699,000
Brooklyn
Sold 1993-01-25
$50,000
Public Record
Sold 1984-07-01
$38,000
Public Record

Year Built: 1910
Common Walls: 2+ Common Walls
Construction Materials: Brick
Levels: Three Or More
Property Age: 114
Property Attached: Yes
Architectural Style: Apartment

Sewer: Sewer
Water Source: Public

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.