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Off market
  • $3,756,300

    637 Vanderbilt Ave #A, Brooklyn, NY 11238

    4beds
    4baths
    2,700sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $3,756,300 Zestimate®
    $1,391/sqft
    $6,140 Estimated rent

    Home value

    $3,756,300

    $3.31M - $4.28M

    $6,140/mo

    Zestimate® history
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    $6,140/mo

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    Rent Zestimate®

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    $22,711/mo

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    $22,711/mo

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    What's special

    The 3-unit mixed-use building on trendy Vanderbilt Avenue consists of a commercial storefront and two high-income producing rental apartments. The apartments have 2 + bedrooms (small room can be used as walk-in closet, den, or childs room) open kitchens 1 bath and glorious sunlight. There are wood floors and exposed brick walls throughout. The whole building was renovated in 2006 and all new wiring and plumbing were installed at that time. Major upgrades and maintenance have always been done by these owners on a regular basis. This property is newly landmarked and offers the potential to build w an R7 zoning. This building is only a few blocks from the Arena. As an investment in the future of this area, it will be a gold mine. A savvy investor or a small business owner looking for a commercial space plus high rental income, will know immediately that this is a must-have. Nearby hotspots include: Beast, The Vanderbilt, Le Gamin, Cornelius, Soda, Weather Up and many more.Fantastic Mixed Use Property in Prime Prospect Heights.Bldng 20 x 45 Lot 20 x 70zoning R 7 2 floor-through apts over Retail space of 900SF, plus 900 sq ft basement with an additional 700SF YARD --currently restaurant occupied by owners 20+ year business, remodeled entirely 6-yrs ago. Business comes with sale of building andcould fetch 7000/mo + key $$)Residential apartments are below market ($2,600/mo) can fetch $2900 with leases up in June 14 ...Building updated entirely 6-yrs ago. Restaurant renovated in Summer of 13.The property is walking distance from all major subway and bus lines with subway stations just 2 short blocks away, making the commute to Manhattan just about 15 minutes.

    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
    Interior area
    • Total interior livable area: 2,700 sqft

    Property

    Lot
    • Size: 1,400 Square Feet
    Details
    • Parcel number: 011520005

    Construction

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

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,391/sqft
    • Tax assessed value: $3,941,000
    • Annual tax amount: $10,493

    Price history

    DateEventPrice
    6/29/2015Sold$2,325,000+1.1%$861/sqft
    Source: Public Record Report a problem
    2/18/2014Listing removed$2,300,000$852/sqft
    Source: Arena Properties, Inc. Report a problem
    12/11/2013Listed for sale$2,300,000+78.4%$852/sqft
    Source: Arena Properties, Inc. Report a problem
    9/19/2010Listing removed$1,289,000$477/sqft
    Source: SCALZO REALTY CO. #355050 Report a problem
    9/18/2010Price change$1,289,000-9.8%$477/sqft
    Source: SCALZO REALTY CO. #355050 Report a problem
    9/17/2010Listed for sale$1,429,000$529/sqft
    Source: SCALZO REALTY CO. #355050 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,493 +3.2%$236,460 +26.6%
    2024$10,166 $186,780 +13.2%
    2023-- $165,060 +27.4%
    2022-- $129,600 +5.2%
    2021-- $123,240 -7%
    2020$9,327 +0.5%$132,540 -5%
    2019$9,279 +58.7%$139,500 +399%
    2018$5,848 +8.8%$27,955 +6%
    2017$5,376 +10.5%$26,374 +6%
    2016$4,866 $24,883
    2015$4,866 +62.1%$24,883 +0.8%
    2014$3,001 $24,693
    Find assessor info on the county website

    Neighborhood: Prospect Heights

    Nearby schools

    GreatSchools rating