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Off market
  • $1,337,400

    5011 Surf Ave, Brooklyn, NY 11224

    7beds
    2,968sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,337,400 Zestimate®
    $451/sqft
    $3,037 Estimated rent

    Home value

    $1,337,400

    $1.19M - $1.51M

    $3,037/mo

    Zestimate® history
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    $3,037/mo

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    $7,885/mo

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    $7,885/mo

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    What's special

    Private beachPool clubWaterfront viewsEat in kitchen

    This is a lovely fully detached 2 family located in the private and exclusive neighborhood of Sea Gate, Brooklyn. The property is set on a 5,000 sq. ft. lot providing the owner a vast amount of space to play with. The current owners were spoiled with their own Enchanted Garden Oasis where they would sit out on their secluded patio on gorgeous weather nights and entertain or simply relax on a hammock. Residents of this development neighborhood enjoy their own resident beach front to walk along 365 days of the year. An added feature is an in ground lawn sprinkler system to maintain your greenery throughout the Spring, Summer, and Fall seasons. On the 1st floor, you have the rental unit consisting of 2 Bedrooms, 2 Full Bathrooms, a Living Room, and an Open Concept to Dining Area Eat in Kitchen with island. Potential rental income for this unit is $2,000 per month / $24,000 per year. The 2nd Unit consists of the 2nd & 3rd floors. On the 2nd floor you have an Eat in Kitchen with Island, a Living Room, 2 Bedrooms, 1 Full Bathroom, and a half-bathroom. 3rd floor is mainly 3 Bedrooms along with a full bathroom. One of the three bedrooms comes with a walkout rear facing terrace. All levels of the property feature waterfront views. The heating system such as the boiler and hot water heater were newly installed and upgraded in 2012. There is also a brand new roof that was completed in 2014. The property's exterior has been newly painted months ago. Expenses include flood insurance since it is a waterfront property which is an additional $756.00 per year not including average home insurance. Taxes are $6,747. There is an HOA Fee to be paid by residents of Sea Gate to the Management company which is $4,360 per year, this pays for general maintenance of the neighborhood. The development comes with a private beach and pool club for residents to enjoy as well. This is simply not a house - it's a beach waterfront property with tons of potential and enough to make it your dream home.

    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: 7
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 2,968 sqft

    Property

    Lot
    • Size: 8,900 Square Feet
    Details
    • Parcel number: 070240025

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $451/sqft
    • Tax assessed value: $1,096,000
    • Annual tax amount: $9,188

    Price history

    DateEventPrice
    4/6/2023Sold$999,000-9.1%$337/sqft
    Source: Public Record Report a problem
    1/3/2023Pending sale$1,099,000$370/sqft
    Source: BNYMLS #468744 Report a problem
    11/14/2022Price change$1,099,000-8.3%$370/sqft
    Source: BNYMLS #468744 Report a problem
    10/28/2022Listed for sale$1,199,000$404/sqft
    Source: BNYMLS #468744 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,188 +0.9%$65,760 +4.6%
    2024$9,106 $62,880 +12.1%
    2023-- $56,100 -26.1%
    2022-- $75,900 +15.5%
    2021-- $65,700 +16.1%
    2020$6,802 +1.7%$56,580 +13.1%
    2019$6,686 +2.7%$50,040 +60.8%
    2018$6,510 +8.8%$31,120 +6%
    2017$5,985 +16%$29,361 +5.1%
    2016$5,161 $27,945 +0%
    2015$5,161 +65.4%$27,943 +1.7%
    2014$3,121 $27,489 +6%
    2013-- $25,934 +6%
    2012-- $24,468 +5.1%
    2011-- $23,288 +0%
    2010-- $23,286 +1.7%
    2009-- $22,908 +6%
    2008-- $21,612 +6%
    2007-- $20,390 +5.1%
    2006-- $19,407 +0%
    2005-- $19,405 +1.7%
    2004-- $19,090 +6%
    2003-- $18,010 +6%
    2002-- $16,992 +5.1%
    2001-- $16,173 +0%
    2000-- $16,171
    Find assessor info on the county website

    Neighborhood: Seagate

    Nearby schools

    GreatSchools rating