Income-Producing Property in Bath Beach – A Rare Investment Opportunity! This offers incredible income potential and is now available in the desirable Bath Beach area, close to shopping, dining, and public transportation. Set on a generous 40x102 lot, this property features a two-family home in the front. The building includes two spacious units—a 3-bedroom unit on the first floor, a 4-bedroom unit on the second floor, and a fully finished basement perfect for additional storage. Adding to its value, this property comes with a huge 20x100 gated private parking area, providing plenty of parking space for multiple vehicles—an essential feature in this neighborhood. All units are move-in ready for tenants. Don’t miss out on this rare chance to own a high-income two-building property package with exceptional growth potential in Bath Beach!
Sold for $1,588,000
$1,588,000
8843 26th Ave, Brooklyn, NY 11214
8beds
3,880sqft
Multi Family
Built in 1925
-- sqft lot
$1,751,500 Zestimate®
$409/sqft
$3,281 Estimated rent
Home value
$1,751,500
$1.54M - $1.98M
$3,281/mo
Zestimate® history
Owner options
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$3,281/mo
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$3,281/mo
Rent Zestimate®
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$9,538/mo
Est. payment
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$9,538/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Yeeon Lu 212-400-2002,
Re Max Team
Source: BNYMLS,MLS#: 485886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 3/4 bathrooms: 1
Heating
- Natural Gas, Hot Water
Cooling
- A/C Unit, Window Unit(s)
Appliances
- Included: Refrigerator, Stove, Hot Water Coil in Boiler
Features
- Flooring: Hardwood, Tile
- Basement: Finished,Full,Separate Entrance
Interior area
- Total structure area: 3,880
- Total interior livable area: 3,880 sqft
Property
Parking
- Total spaces: 6
- Parking features: Private Drive, 6+ Spaces, Detached Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
- Fencing: Full
Lot
- Size: 4,080 Square Feet
- Dimensions: 40x102
Details
- Foundation area: 2040
- Parcel number: 068970013
- Zoning: R5
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick, Brick Veneer
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1925
Utilities & green energy
- Electric: 110 V, 220 Volts, Circuit Breakers
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $409/sqft
- Tax assessed value: $1,056,000
- Annual tax amount: $7,857
- Date on market: 9/10/2024
- Cumulative days on market: 57 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $1,588,000-14.6%$409/sqft |
Source:  BNYMLS #485886 Report a problem | ||
| 11/7/2024 | Contingent | $1,860,000$479/sqft |
Source: StreetEasy #S1735110 Report a problem | ||
| 11/6/2024 | Pending sale | $1,860,000$479/sqft |
Source: BNYMLS #485886 Report a problem | ||
| 9/10/2024 | Listed for sale | $1,860,000-6.5%$479/sqft |
Source: BNYMLS #485886 Report a problem | ||
| 7/24/2024 | Listing removed | -- |
Source: BNYMLS #483650 Report a problem | ||
| 6/18/2024 | Price change | $1,990,000+5.9%$513/sqft |
Source: BNYMLS #483650 Report a problem | ||
| 6/5/2024 | Listed for sale | $1,880,000+4.5%$485/sqft |
Source: BNYMLS #483650 Report a problem | ||
| 6/2/2018 | Listing removed | $1,799,000$464/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 11/16/2017 | Listed for sale | $1,799,000+2.9%$464/sqft |
Source: JC Classic Home Report a problem | ||
| 9/19/2017 | Listing removed | $1,749,000$451/sqft |
Source: Momentum Real Estate LLC Report a problem | ||
| 7/14/2017 | Price change | $1,749,000-7.5%$451/sqft |
Source: Momentum Real Estate LLC Report a problem | ||
| 7/10/2017 | Listed for sale | $1,890,000-4.5%$487/sqft |
Source: Re/Max At The Slope Report a problem | ||
| 1/16/2017 | Listing removed | $1,980,000$510/sqft |
Source: EXIT Realty Professionals #404533 Report a problem | ||
| 12/21/2016 | Price change | $1,980,000-5.3%$510/sqft |
Source: EXIT Realty Professionals #404533 Report a problem | ||
| 10/28/2016 | Price change | $2,090,000-0.4%$539/sqft |
Source: EXIT Realty Professionals #404533 Report a problem | ||
| 6/8/2016 | Price change | $2,099,000-4.6%$541/sqft |
Source: BEN BAY REALTY,CO. #401326 Report a problem | ||
| 5/24/2016 | Listed for sale | $2,200,000+139.1%$567/sqft |
Source: BEN BAY REALTY,CO. #401326 Report a problem | ||
| 3/18/2014 | Sold | $920,000+8.2%$237/sqft |
Source: Public Record Report a problem | ||
| 4/28/2009 | Sold | $850,000-22.7%$219/sqft |
Source: Public Record Report a problem | ||
| 8/8/2008 | Listing removed | $1,100,000$284/sqft |
Source: Coldwell Banker** #337930 Report a problem | ||
| 5/18/2008 | Listed for sale | $1,100,000+46.7%$284/sqft |
Source: Coldwell Banker** #337930 Report a problem | ||
| 5/5/2005 | Sold | $750,000+194.1%$193/sqft |
Source: Public Record Report a problem | ||
| 12/9/1997 | Sold | $255,000+88.9%$66/sqft |
Source: Public Record Report a problem | ||
| 3/31/1995 | Sold | $135,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,219 +4.6% | $63,360 -4.8% |
| 2024 | $7,858 | $66,540 -0.3% |
| 2023 | -- | $66,720 -5.1% |
| 2022 | -- | $70,320 +8.7% |
| 2021 | -- | $64,680 -3.7% |
| 2020 | $7,306 +5.9% | $67,140 |
| 2019 | $6,901 +7.1% | $67,140 +117.9% |
| 2018 | $6,446 +3.7% | $30,812 +1.1% |
| 2017 | $6,214 +10.4% | $30,484 +5.9% |
| 2016 | $5,628 | $28,782 +0.1% |
| 2015 | $5,628 +62.3% | $28,764 +5.9% |
| 2014 | $3,469 | $27,169 +5.8% |
| 2013 | -- | $25,677 +1.1% |
| 2012 | -- | $25,404 +5.9% |
| 2011 | -- | $23,985 +0.1% |
| 2010 | -- | $23,970 +5.9% |
| 2009 | -- | $22,641 +5.8% |
| 2008 | -- | $21,398 +1.1% |
| 2007 | -- | $21,170 +5.9% |
| 2006 | -- | $19,988 +0.1% |
| 2005 | -- | $19,975 +5.9% |
| 2004 | -- | $18,868 +5.8% |
| 2003 | -- | $17,832 +1.1% |
| 2002 | -- | $17,642 +5.9% |
| 2001 | -- | $16,657 +0.1% |
| 2000 | -- | $16,646 |
Find assessor info on the county website
Neighborhood: Gravesend
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