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Off market
  • $1,197,300

    1885 W 8th St, Brooklyn, NY 11223

    4beds
    2,200sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,197,300 Zestimate®
    $544/sqft
    $2,985 Estimated rent

    Home value

    $1,197,300

    $1.07M - $1.33M

    $2,985/mo

    Zestimate® history
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    Owner options

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    $2,985/mo

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    Rent Zestimate®

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    $7,082/mo

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    $7,082/mo

    Est. payment

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    What's special

    remarkable investment property 4 family solid brick building. It consists of 3 one bedroom apartments and a large studio + with full finished basement. The property is in excellent condition and 100 percent occupied. The GAI $64,197;Total Annual Expenses $16,734;NAI $47,465; CAP Rate 4 percent. The basement brings in substantial additional income not included in CAP calculation (call for details). The property is conveniently located in Gravesend area of Brooklyn, at West side of W 8th St between Ave S and Highlawn Avenue, next to all the shopping, transportation and schools. It is a perfect opportunity for the owner/user of savvy investor. Water/Sewer $ Yr: $2,889 Est. Insurance $ Yr: $1,566 Est. Fuel $ Yr: $2,806 Est. Tax $ Yr: $5,605 rent is Apt 1 $17,277 2 Apt. 2: $15,720 3 Apt. 3: $16,200 3 Apt. 4: $15,000 3

    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: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 066730053

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    10/3/1997Sold$180,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,045 +4.6%$53,640 -7%
    2024$6,735 $57,660 -2%
    2023-- $58,860 -1.8%
    2022-- $59,940 +8%
    2021-- $55,500 +23%
    2020$6,263 +5.9%$45,120
    2019$5,915 +6.7%$45,120 +70.2%
    2018$5,546 +8.5%$26,512 +5.7%
    2017$5,113 +108.5%$25,081
    2016$2,452 $25,081 +1.7%
    2015$2,452 +103.1%$24,657 +5.9%
    2014$1,207 $23,288 +5.4%
    2013-- $22,094 +5.7%
    2012-- $20,901
    2011-- $20,901 +1.7%
    2010-- $20,548 +5.9%
    2009-- $19,407 +5.4%
    2008-- $18,412 +5.7%
    2007-- $17,418
    2006-- $17,418 +1.7%
    2005-- $17,124 +5.9%
    2004-- $16,173 +5.4%
    2003-- $15,344 +5.7%
    2002-- $14,515
    2001-- $14,515 +1.7%
    2000-- $14,270

    Find assessor info on the county website

    Neighborhood: Gravesend

    Nearby schools

    GreatSchools rating