$1,195,000 Price Analysis    ♡   Brooklyn, NY 11226 8 bed 3 bath 3,135 SqFt ($381/SqFt) 2,333SqFt lot. Built 1920 Listed 2024-02-29, Taxes $7,302 | Ⓧ USDA Ineligible due to price & location near Brooklyn |
Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential!
* Sale Pending *Welcome to the heart of the vibrant Flatbush neighborhood. This magnificent 3-story, 4-family brick home with a full basement, expansive yard and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level of the property is legally 2 apartments (as per the C of O) but was combined to make one sizeable unit. The versatile layout is spread across three spacious stories and boas ts three separate units, providing excellent rental income potential. Whether you're looking to keep all three units for maximum rental returns or live in one unit while renting out the others, this property caters to your investment strategy.
Situated on a 23' x 100' lot with R6 zoning, there's an additional 2, 400+/- square footage (based on FAR) of buildable space, offering future expansion opportunities. The full basement with high ceilings opens up a world of possibilities, making it an ideal space for additional living areas or storage. The convenient location allows you to enjoy being moments away from diverse dining and retail establishments along Nostrand Ave and Ave D. Effortless transportation options include bus service steps away on Ave D. This property will be delivered vcant, providing you with a clean slate to envision and execute your vision seamlessly. Don't miss out on this exceptional real estate opportunity that combines prime location, investment potential and a spacious layout. Schedule a viewing today and step into the future of Flatbush living!
Presented by Hasan, Gamal at
Bellmarc.
Property MLS #480202 from Brooklyn
Bedrooms On Level 1: 2
Bedrooms On Level 2: 3
Bedrooms On Level 3: 3
Basement Features: Full, Unfinished
Water Heaters: Gas
Yard: Back, Front
Lot Size Square Feet: 2333
Stove
Annual Tax Amount: 7437.00
Source Listing Status: Pending
County: Kings (Brooklyn)
Cross Street: Clarendon Rd
Source Property Type: Residential
Area: East Flatbush
Source Neighborhood: East Flatbush
Zoning: R6
Property Subtype: Multi-Family
Lot Number: 42
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $28,980 + $23,700 $52,680 | $7,302 |
| 2021 | $27,900 + $23,700 $51,600 | $7,644 |
| 2020 | $26,220 + $23,700 $49,920 | $7,238 |
| 2019 | $24,540 + $23,700 $48,240 | $6,732 |
| 2018 | $13,060 + $18,623 $31,683 | $6,322 |
| 2017 | $16,495 + $15,188 $31,683 | $6,158 |
| 2016 | $11,082 + $20,361 $31,443 | $5,975 |
| 2015 | $8,911 + $20,753 $29,664 | $5,491 |
| 2014 | $11,329 + $16,657 $27,986 | $5,056 |
| 2013 | $10,330 + $16,073 $26,403 | $4,767 |
| 2012 | $8,852 + $17,551 $26,403 | $4,513 |
| 2010 | $9,271 + $16,932 $26,203 | $3,947 |
| 2009 | $7,461 + $17,259 $24,720 | $3,749 |
| 2007 | $18,782 + $3,221 $22,003 | $3,196 |
$1,195,000
Brooklyn
Year Built: 1920
Building Area Total: 1045
Building Exterior Type: Semi-Detached
Construction Materials: Brick
Foundation Details: Stone
Property Age: 104
Roof: Flat
Levels or Stories: 3
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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.