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Sold for $899,000
  • $899,000

    1248 Albany Ave, Brooklyn, NY 11203

    --beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $923,000 Zestimate®
    $--/sqft
    $4,470 Estimated rent

    Home value

    $923,000

    $858,000 - $997,000

    $4,470/mo

    Zestimate® history
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    What's special

    Here is a rare opportunity to purchase a two family house on a 20×100 lot with an adjoining 20×100 vacant lot (1244 Albany Avenue) bringing this to a 40×100 lot size. It is being sold as a package deal. This is an excellent opportunity to own an income producing property while having a ton of outdoor space and parking. The house is set up as a top floor two bedroom and one bath, the parlor floor is combined with the basement to create a two bedroom, two bath, owners duplex. This is a flexible layout that can easily be changed if needed. The house is in overall good shape and can be moved into. Use the rental income to offset the cost of your mortgage payment. The vacant lot next door is 20x100 and would be ideal as parking or a large yard. You are in an excellent location near shopping and transportation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Louis Belisario 347-702-3316,

    Revived Residential,

    Joe M. Cruz 917-459-7681,

    Revived Residential

    Source: BNYMLS,MLS#: 479872MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Steam/Radiator
    Appliances
    • Included: Refrigerator, Stove, Washer, Gas Water Heater
    • Laundry: Laundry Area
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 6
    • Parking features: Private Drive, 6+ Spaces
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,000 Square Feet
    • Dimensions: 20x100
    • Features: Back Yard, Front Yard
    Details
    • Foundation area: 800
    • Parcel number: 049570020
    • Zoning: R4
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Siding, Brick, Wood Frame
    • Foundation: Stone
    • Roof: Asphalt/Tar,Flat
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 110 V

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $673,000
    • Annual tax amount: $4,145
    • Date on market: 2/13/2024
    • Cumulative days on market: 111 days

    Price history

    DateEventPrice
    9/27/2024Sold$899,000
    Source: BNYMLS #479872 Report a problem
    4/19/2024Pending sale$899,000
    Source: StreetEasy Report a problem
    2/13/2024Listed for sale$899,000+8989900%
    Source: StreetEasy Report a problem
    5/28/2013Sold$10-100%
    Source: Public Record Report a problem
    6/4/2012Listing removed$1,250
    Source: H. P. Greenfield Real Estate Report a problem
    5/6/2012Listed for rent$1,250
    Source: H. P. Greenfield Real Estate Report a problem
    6/7/2011Sold$202,800+138.6%
    Source: Public Record Report a problem
    12/31/2009Sold$85,000+6.3%
    Source: Public Record Report a problem
    11/1/2009Listed for sale$80,000-87.4%
    Source: foreclosure.com Report a problem
    10/17/2009Sold$635,848+51.4%
    Source: Public Record Report a problem
    9/27/2009Listed for sale--
    Source: foreclosure.com Report a problem
    6/18/2007Sold$420,000+82.6%
    Source: Public Record Report a problem
    5/5/2007Sold$230,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,329 +4.4%$40,380 -1.9%
    2024$4,145 $41,160 +6.2%
    2023-- $38,760 +22.1%
    2022-- $31,740 +14.3%
    2021-- $27,780 +1.3%
    2020$3,848 +5.7%$27,420 +0.4%
    2019$3,640 +1.2%$27,300 +58.8%
    2018$3,597 +3.7%$17,196 +1.1%
    2017$3,469 +10.5%$17,017 +6%
    2016$3,140 $16,059 +6%
    2015$3,140 +62.2%$15,151 +5.7%
    2014$1,936 $14,330
    2013-- $14,330 +1.1%
    2012-- $14,181 +6%
    2011-- $13,383 +6%
    2010-- $12,626 +5.7%
    2009-- $11,942
    2008-- $11,942 +1%
    2007-- $11,818 +6%
    2006-- $11,153
    Find assessor info on the county website

    Neighborhood: East Flatbush

    Nearby schools

    GreatSchools rating