Sold for $1,480,000

$1,480,000

957 Flatbush Ave, Brooklyn, NY 11226

--beds

0baths

3,654sqft

Mixed Use

Built in 1914

1,674 Square Feet Lot

$1,566,600 Zestimate^®

$405/sqft

$4,611 Estimated rent

Home value

$1,566,600

$1.41M - $1.74M

$4,611/mo

Zestimate^® history

Owner options

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$4,611/mo

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$4,611/mo

Rent Zestimate^®

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$8,831/mo

Est. payment

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$8,831/mo

Est. payment

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What's special

A real money maker building to the market, the mixed-use building is a storefront on the ground floor, an office on the 2nd floor front and a two bedroom unit on the 2nd floor rear. The third floor is a three bedroom apartment. The store tenant is paying $5000. The cap rate is more than 6% zoning C4-4A, consult with your own architect for the buildable area. It locates at a very high-traffic spot. All tenants are paying month by month, excellent investment opportunity, the building will be sold in as is condition, all serious buyers should take a closer look.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Natural Gas, Steam/Radiator

Appliances

Included: Gas Water Heater

Features

Flooring: Tile
Basement: Cellar,Full,Partially Finished

Interior area

Total structure area: 3,654
Total interior livable area: 3,654 sqft

Property

Parking

Parking features: None

Features

Stories: 3
Frontage length: Road Frontage: 18 Ft

Lot

Size: 1,674 Square Feet
Dimensions: 18x93

Details

Foundation area: 1674
Parcel number: 051090007
Zoning: C4-4A
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Masonry, Brick
Foundation: Concrete Perimeter
Roof: Other

Condition

Year built: 1914

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $405/sqft
Tax assessed value: $1,753,000
Annual tax amount: $9,480
Date on market: 4/4/2024
Cumulative days on market: 106 days

Price history

Date	Event	Price
11/6/2024	Sold	$1,480,000-4.5%$405/sqft
Source: BNYMLS #481090 Report a problem
7/18/2024	Pending sale	$1,550,000$424/sqft
Source: BNYMLS #481090 Report a problem
4/4/2024	Listed for sale	$1,550,000$424/sqft
Source: BNYMLS #481090 Report a problem
9/29/2023	Listing removed	--
Source: BNYMLS #470880 Report a problem
2/14/2023	Pending sale	$1,550,000$424/sqft
Source: BNYMLS #470880 Report a problem
1/4/2023	Listed for sale	$1,550,000-3.1%$424/sqft
Source: BNYMLS #470880 Report a problem
1/4/2023	Listing removed	--
Source: BNYMLS #468814 Report a problem
11/1/2022	Listed for sale	$1,600,000$438/sqft
Source: BNYMLS #468814 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,064 -1%	$105,180 +0.7%
2024	$10,169	$104,460 +13.1%
2023	--	$92,340 +8.5%
2022	--	$85,140 +10.8%
2021	--	$76,860 +45.1%
2020	$8,946 +0.2%	$52,980 +15%
2019	$8,931 +4.2%	$46,080 +12.5%
2018	$8,570 +6.2%	$40,968 +3.5%
2017	$8,067 -0.8%	$39,572 +6%
2016	$8,131	$37,333 +6%
2015	$8,131 +76.6%	$35,220 +0.2%
2014	$4,604	$35,160