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$2,500,000   Price Analysis
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3520 Newkirk Ave Unit 24
Brooklyn, NY 11203
24 bed 24 bath 18,936 SqFt ($132/SqFt)
5,250SqFt lot. Built 1931
Listed 2024-06-13, Taxes $65,353
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

Solid Investment opportunity in Brooklyn.

Great way to gain a footprint in the market in this well maintained 24 unit, 4 story walk up, 100% occupied and rent stabilized.

Consisting of 1 bedroom units, offering two distinctive styles. Pristine hllways and common areas. All doors replaced and upgraded. Dual heating and fully operational on gas.


Presented by Nicole Myrie at
Coldwell Banker American Homes.
Listing Agent Photo

Property MLS #3558959 from OneKeyMLS

Bedrooms: 24

Total Rooms: 4
Basement Features: Full
Living Room Level: First
Basement Description: Full

Total Bathrooms: 24
Full Bathrooms: 24

Oven
Refrigerator

Fuel Expense: 13000
Heating Features: Natural Gas, Radiant

Kitchen Level: First

Lot Description: Stone/Brick Wall
Lot Size Acres: 0.1205234
Lot Size Dimensions: 100x52.5
Lot Size Square Feet: 5250

Parking Features: No Garage, On Street

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 128404

Elementary School: Brooklyn Arts And Science Elementary
Elementary School District: Brooklyn 17
High School: Acad For College Prep And Career Exp
High School District: Brooklyn 17
Middle School: Acad For College Prep And Career Exp
Middle or Junior School District: Brooklyn 17

Ps 198 is a public elementary school located approximately 0.4 miles away.
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Jhs 278 Marine Park is a public middle school located approximately 2.3 miles away.
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Cristo Rey Brooklyn High School is a private high school located approximately 0.1 miles away.
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Cristo Rey Brooklyn High School is a private high school located approximately 0.1 miles away.
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Midwood High School is a public high school located approximately 0.7 miles away.
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Number of Units: 24

Tenant Pays: All Utilities

Annual Tax Amount: 70404.00
Tax Block: 4969
Source Listing Status: Active
County: Brooklyn
Cross Street: Brooklyn
Directions: GOOGLE OR WAZE
List Price Low: 2500000
Source Property Type: Residential Income
Number of Separate Electric Meters: 24
Number of Separate Gas Meters: 24
Owner Pays: Insurance
Parcel Number: 04969-0043
Township: Brooklyn
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$415,800 + $118,350
$534,150
$65,353
2021$427,050 + $118,350
$545,400
$65,104
2020$485,100 + $118,350
$603,450
$62,673
2019$454,950 + $118,350
$573,300
$56,447
2018$370,800 + $118,350
$489,150
$50,136
2017$324,000 + $118,350
$442,350
$45,387
2016$360,450 + $43,650
$404,100
$41,816
2015$285,300 + $43,650
$328,950
$38,378
2014$279,450 + $43,650
$323,100
$36,201
2013$242,100 + $43,650
$285,750
$36,094
2012$236,250 + $43,650
$279,900
$34,636
2010$206,928 + $43,542
$250,470
$30,697
2009$188,325 + $43,515
$231,840
$28,898
2007$694,485 + $43,515
$738,000
$34,170

Listed 2024-06-13
$2,500,000
OneKeyMLS
Listing removed 2024-05-18
$2,700,000
OneKeyMLS
Listed 2023-11-20
$2,700,000
OneKeyMLS
Sold 1991-01-08
$575,000
Public Record
Sold 1989-05-04
$92,500
Public Record

Total Square Feet Living: 18936
Year Built: 1931
Common Walls: No Common Walls
Construction Materials: Brick
Levels: Three Or More
Property Age: 93
Property Condition: Good
Architectural Style: Apartment

Sewer: Public Sewer
Water Source: Public
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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.