Address
622 Marlborough Road, Brooklyn, NY
Price
$ 1,399,000
Property Attributes
  • MLS#487406
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodDitmas Park
  • Zip11226
  • StyleMulti-Family
  • Year Built1931
  • Taxes$ 21416
  • Price$ 1,399,000
  • Bedrooms11
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5750
  • Lot Size0.045914 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Rare-Find Excellent Investment Opportunity for this 8-Family Brick Building is located is the center of the prime commercial. It is right across from B/Q subway Newkirk Plaza and surrounded by ALL major public transportation, shopping, restaurant, convenience stores, national chains and much more to mention. This building features 3 two-bedroom and 5 one-bedroom apartments, total of 11 bedrooms and 8 full bathrooms, building size is 20x84' with 5750 square feet and sitting on 20x100' lot. Rent roll is upon request. Won't Last!

Price History
11/12/2024 Listed $1,399,000

General Features

Net Operating Income 46969.00
Roof Flat
Zoning R6A
Electric 110 V,220 V
Stories Count 4
Property Type Residential
Block 5235
Cap Rate 0.03
Lot Number 22
Yearly Taxes 21416.00
Transaction Type Sale
Insurance Expense 14000.00
Utility Expense 1120.00
Gross Expense 54431.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Attached
Gross Income 101400
Status Active
Fuel Expense 9200.00
Total Rooms 27
Construction Materials Brick
Cumulative Days on Market 680
MLS Area Ditmas Park
Sub Type Multi-Family
Year Built 1931
City Brooklyn
Borough Brooklyn
Residential Features Refrigerator,Stove
DOM 680
Sale Type Arm's Length
# Families 8
Public Remarks Rare-Find Excellent Investment Opportunity for this 8-Family Brick Building is located is the center of the prime commercial. It is right across from B/Q subway Newkirk Plaza and surrounded by ALL ma

Interior Features

Heating Fuel Gas
Flooring Hardwood,Laminate,Tile
Hot Water Gas
Full Baths 8
Building Amenities NONE
Sq Ft Total 5750
Basement Amenities Separate Entrance,Unfinished
Beds Total 11
Total Baths 8.00

Exterior Features

Exterior Brick
Yard Back,Side
Foundation Poured Concrete
Lot Sq Ft 2000
Building Length 84.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 20
Parking Attrib None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11226

Price
AVG $1.28M
$1.4M
Taxes
AVG $7,609
$21,416
Year Built
AVG 1924
1931
Visits
AVG 101
210
Data Provided by Inside Real Estate®
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