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Off market
  • $2,558,400

    186 New York Ave, Brooklyn, NY 11216

    8beds
    5,600sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $2,558,400 Zestimate®
    $457/sqft
    $5,355 Estimated rent

    Home value

    $2,558,400

    $2.12M - $3.10M

    $5,355/mo

    Zestimate® history
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    Owner options

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    $5,355/mo

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    $5,355/mo

    Rent Zestimate®

    Refinance and save

    $15,468/mo

    Est. payment

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    $15,468/mo

    Est. payment

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    What's special

    Built in 1898, by Architect and builder D'Oench & Simon in the renaissance revival style, 186 New York Avenue, with its architecturally stunning façade, is an outstanding semi-attached limestone . This 20 wide 4 story townhouse offers a rare opportunity to live in and invest in a legal 5 unit property or why not downsize it to a gigantic 2 or 3 family as it 's currently fully vacant. With a gross square feet of 5600, the property consists of, on upper 2 floors: 2000 square feet owners duplex with 4 br / 2.5 baths and a large private terrace , on the lower 2 floors: 2 spacious 1 br / 1 bath apartments and 2 large studio apartments in the 2 story rear yard extension, and a full/unfinished basement. Most of the units including owners duplex still maintain the pre-war charm in its original parquet flooring, molding, wainscoting, built-in shelves, decorative fireplace, bay windows, stained glass, arched ceiling beams...... Located in the heart of the scenic rowhouses and mansions area of land-marked Crown Heights, and close to all the neighborhood favorites, new brunch spots, cafes, bakeries and organic restaurants like Memes Crepes, Catfish, the Crabby Shack, 2 saints, Cocoa Grinder, French Ricol Bakery where you can enjoy exquisite french styles baked goods.... Only a few blocks to subway transportation 3, A & C lines, LIRR, and a short stroll to the Brooklyn Children s Museum, Botanical Garden, Prospect Park with its Saturdays famers market, the Brooklyn Museum , etc.... For investors, this rare gem has endless of investment potential to substantially increase the property value, by upgrading the units to luxury rentals and/or converting them into condominiums. Rarely does a vacant property like this come on the market!! so come on and make this your dream home and investment! Mechanicals need upgrades.

    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: 8
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 5,600 sqft

    Property

    Lot
    • Size: 5,198 Square Feet
    Details
    • Parcel number: 012350046

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1905

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $1,767,000
    • Annual tax amount: $7,316

    Price history

    DateEventPrice
    11/20/2020Sold$1,324,160-41.7%$236/sqft
    Source: Public Record Report a problem
    7/19/2018Sold$2,270,000-12.5%$405/sqft
    Source: StreetEasy #S1322593 Report a problem
    7/3/2018Pending sale$2,595,000$463/sqft
    Source: BLS Realty Report a problem
    4/13/2018Price change$2,595,000-3.9%$463/sqft
    Source: BLS Realty Report a problem
    2/6/2018Listed for sale$2,699,999$482/sqft
    Source: BLS Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,316 +4.6%$106,020 -7%
    2024$6,994 $113,940 +13.5%
    2023-- $100,380 -8.7%
    2022-- $109,980 -8.8%
    2021-- $120,600 +5.7%
    2020$6,207 +6.2%$114,060 +8.8%
    2019$5,846 -3.7%$104,820 +261.2%
    2018$6,071 +3.6%$29,020 +0.9%
    2017$5,861 +17.1%$28,753 +6%
    2016$5,003 $27,138 +6%
    2015$5,003 +63.9%$25,603 +5.9%
    2014$3,052 $24,184
    2013-- $24,184 +0.9%
    2012-- $23,961 +6%
    2011-- $22,615 +6%
    2010-- $21,336 +5.9%
    2009-- $20,154
    2008-- $20,154 +0.9%
    2007-- $19,968 +6%
    2006-- $18,846 +6%
    2005-- $17,780 +5.9%
    2004-- $16,795
    2003-- $16,795 +0.9%
    2002-- $16,640 +6%
    2001-- $15,705 +6%
    2000-- $14,817
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating