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Off market
  • Tax assessed value
    $1,359,000

    1612 Avenue H, Brooklyn, NY 11230

    6beds
    3,300sqft
    Apartment
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $412/sqft
    $4,790 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,790/mo

    Zestimate® history
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    $8,109/mo

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    What's special

    One of the key factors that make this property an attractive investment opportunity is the potential for high returns. The property's diverse income streams include rental income from the residential units and the laundromat business. The laundromat, with its three dozen machines, presents a lucrative opportunity for self-employed entrepreneurs to generate a significant income. the rental income from the residential units and garage further contribute to the overall investment returns. In terms of tax obligations, the property offers favorable conditions. With a low property tax of $6691 per yearly , laundromat rent $3600, second store $1200 , second floor three bedrooms rent $1800; top floor $2300 ; and additional $600 for the garages , it is private three car garages, near by Q subway station, transportation convenience is guaranteed, making it easier for residents and potential customers to access the property. It is close proximity to Brooklyn College and a shopping mall enhances its attractiveness to potential tenants and customers. The convenience offered by nearby educational institutions and shopping centers increases the likelihood of a steady rental income and customer base, presents a lucrative opportunity for self-employed entrepreneurs seeking high investment returns. its will diverse you income streams, including the laundromat business and residential rentals, investors can expect substantial financial gains.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 3,300 sqft

    Property

    Lot
    • Size: 3,000 Square Feet
    Details
    • Parcel number: 067000006

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $412/sqft
    • Tax assessed value: $1,359,000
    • Annual tax amount: $7,166

    Price history

    DateEventPrice
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    8/9/2023Listed for sale$2,288,000+186%$693/sqft
    Source: BNYMLS #476074 Report a problem
    5/14/2014Sold$800,000$242/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,166 +4.7%$81,540 +1.3%
    2024$6,843 $80,460 +9.2%
    2023-- $73,680 +1.1%
    2022-- $72,900 +7.4%
    2021-- $67,860 -0.8%
    2020$6,370 +6%$68,400 +15%
    2019$6,009 +7.3%$59,460 +122%
    2018$5,603 +3.7%$26,784 +1.1%
    2017$5,401 +4.3%$26,496
    2016$5,181 $26,496 +5.7%
    2015$5,181 +85.4%$25,078 +6%
    2014$2,795 $23,659
    Find assessor info on the county website

    Neighborhood: Ditmas Park

    Nearby schools

    GreatSchools rating