See Home Value
$9,167,740*
Commercial - Off Market

1114 Rutland Road

Brooklyn, NY 11212
bedrooms
Studio
bathrooms
0 Bath
square feet
18640 Sqft
$6,750,000 - $8,250,000
Reference Base Price*
22.24%
Since Jun 1, 2021
NY-New York
Primary Model

About This Property

Prime Brownsville location! Built in 1923, this incredible,semi-detached, corner opportunity to acquire an investment property of this scale comes around once-in-a-lifetime! These commercial parcels boasts a total lot size of 120 ft x 100 ft (12,000 sqft.) and building size of 20 ft x 67 ft (18,640 sqft.), zoned C8-2, 7 stores on the first floor and 2 on the second floor, with these being a mix of retail, a restaurant, and one vacancy, and a gym and office on the second floor, and basement usage; the gross income that these 9 spaces generate is $471,623.52, and a price per sqft. being $402.36. Amenities include quick and easy access to the multitude of establishments along Rutland Rd., E. 98th St., and Clarkson Ave., P.S. 219, P.S. 398, P.S. 770, P.S. 189, P.S. 156, the Lincoln Terrace / Arthur S. Sommers Park, East Flatbush Children's Playground, and much more! Transportation options include immediate access to the Sutter Ave. - Rutland Rd. 3 Train station, and the B47, B15, B12, and B14 buses.

The manager has listed the unit size as 18640 square feet.
Unit Size
18,640Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$402
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
May 30, 2021 No longer available -
No longer available
Feb 12, 2021 Listed $7,500,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
10 Beds
6 Baths
-
$6,000,000 Oct 8, 2014
$6,000,000 Sep 7, 2018
-
Land
Loft
-
-
$6,100,000 Nov 26, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210212
02/12/2021
Loft
-
18640 ft²
$7,500,000
bedrooms
Loft
bathrooms
-
square feet
18640 ft²
-
-
-
-

Building Info

1114 Rutland Road 1114 Rutland Road, Brooklyn, NY 11212
  • 5 Units
More about this Building
1114 Rutland Road
Want to find out who owns 1114 Rutland Road, Brooklyn, NY 11212? Get detailed property transactions here .

About Central Brooklyn


Similar Homes for Sale

Unit for sale at 1518 Pitkin Avenue, Brooklyn, NY 11212

$6,100,000

  • Land
1518 Pitkin Avenue, Brooklyn, NY 11212 Listing by Alexandre Goulet

Nearby Rentals

Unit for rent at 454 East 54th Street, Brooklyn, NY 11203

$1,250 /mo

  • Loft
  • 3 Baths
454 East 54th Street, Brooklyn, NY 11203 Listing by Kaseem Allah


Quantcast