Great investment opportunity! At this price it won't last long. Mixed Use Attached, brick, 2 family and a Store, fully renovated 5 years ago, 2 bedrooms over 2-bedroom, the tenants pay separate heat and hot water, full basement. The commercial tenant is paying $3,151.44 per month plus the tenant pays 33.3% of real estate tax Gross income: $83,417,28 Real Estate Tax: $4,899 water/ Sever: $600 Insurance: $5,000 Net Income: $74,549.28 cap rate 5.9
Sold
$1,125,000
1694 Flatbush Ave, Brooklyn, NY 11210
4beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$1,206,400 Zestimate®
$--/sqft
$3,527 Estimated rent
Home value
$1,206,400
$1.12M - $1.29M
$3,527/mo
Zestimate® history
Owner options
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$3,527/mo
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$3,527/mo
Rent Zestimate®
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$6,721/mo
Est. payment
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$6,721/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alexander Plotkin,
EXP Realty BKNY
Source: StreetEasy,MLS#: S1673798
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 0
Property
Details
- Parcel number: 075970047
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Midwood
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,319,000
- Annual tax amount: $5,357
- Date on market: 7/28/2023
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2024 | Sold | $1,125,000-10% |
Source:  BNYMLS #475418 Report a problem | ||
| 2/1/2024 | Pending sale | $1,250,000 |
Source: BNYMLS #475418 Report a problem | ||
| 7/12/2023 | Listed for sale | $1,250,000+129.4% |
Source: BNYMLS #475418 Report a problem | ||
| 7/21/2014 | Listing removed | $1,700 |
Source: rapidrealty flatbush,inc Report a problem | ||
| 6/5/2014 | Listed for rent | $1,700 |
Source: rapidrealty flatbush,inc Report a problem | ||
| 3/3/2014 | Sold | $545,000-14.7% |
Source: Public Record Report a problem | ||
| 8/21/2012 | Listing removed | $639,000 |
Source: Brooklyn - WEICHERT, REALTORS - The Franzese Group #370834 Report a problem | ||
| 6/22/2012 | Listed for sale | $639,000+6.7% |
Source: Brooklyn - WEICHERT, REALTORS - The Franzese Group #370834 Report a problem | ||
| 10/3/2010 | Listing removed | $599,000 |
Source: COLDWELL BANKER RELIABLE #354673 Report a problem | ||
| 9/17/2010 | Listed for sale | $599,000-3.1% |
Source: COLDWELL BANKER RELIABLE #354673 Report a problem | ||
| 8/6/2010 | Listing removed | $618,000 |
Source: COLDWELL BANKER RELIABLE #354673 Report a problem | ||
| 8/1/2010 | Listed for sale | $618,000 |
Source: COLDWELL BANKER RELIABLE #354673 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,357 +1.5% | $79,140 +23.6% |
| 2024 | $5,279 | $64,020 -6.8% |
| 2023 | -- | $68,700 +25.5% |
| 2022 | -- | $54,720 +12.3% |
| 2021 | -- | $48,720 +18.5% |
| 2020 | $4,762 +2.7% | $41,100 |
| 2019 | $4,636 +7.3% | $41,100 +98.9% |
| 2018 | $4,323 +3.7% | $20,664 +1.1% |
| 2017 | $4,168 +7.3% | $20,448 +2.9% |
| 2016 | $3,886 | $19,872 +6% |
| 2015 | $3,886 +67% | $18,748 +2.7% |
| 2014 | $2,327 | $18,253 |
Find assessor info on the county website
Neighborhood: Midwood
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Nearby schools
GreatSchools rating
- 7/10Ps 193 Gil HodgesGrades: PK-5Distance: 0.6 mi
- 7/10Andries Hudde SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Midwood High SchoolGrades: 9-12Distance: 0.5 mi
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