See Home Value
$2,399,901*
Commercial - Off Market

355 New Lots Avenue

E. New York, NY 11207
bedrooms
Studio
bathrooms
0 Bath
$1,799,000 - $2,197,000
Reference Base Price*
20.12%
Since Aug 1, 2021
NY-New York
Primary Model

About This Property

Great Investment Property! This 4 unit apartment building; mixed-use property features with A owner occupied and well established laundromat business on the store level; located in the East New York section of Brooklyn for sale. A good money maker laundromat and stable income of 4@1 bedroom Apartments on 2FL and 3FL. Financial Income & Expense: $424,800 in gross revenue, $119,145 in expenses, a net income of $305,655 and a 15.3% cap rate. Tax $9145. (Please see the attached detailed income & expense info)
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold to Cxw Llc $1,500,000
Sold to Cxw Llc
Jul 19, 2021 No longer available -
No longer available
Jan 11, 2021 Relisted $1,998,000
Relisted
Jan 9, 2021 No longer available -
No longer available
Nov 7, 2020 Relisted $1,998,000
Relisted
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,100,000 Aug 14, 2020
$1,100,000 Oct 7, 2021
-
Multifamily
6 Beds
6 Baths
-
$1,898,000 Jan 6, 2023
$1,898,000 Jun 23, 2023
$889/mo
Multifamily
7 Beds
4 Baths
-
$1,015,000 May 1, 2023
$1,015,000 Dec 8, 2023
$625/mo
Commercial
Loft
-
5,800 ft²
$284/ft²
$1,650,000 Dec 12, 2023
-
-
Other
Loft
-
4,055 ft²
$555/ft²
$2,250,000 Dec 12, 2023
-
$917/mo
House
3 Beds
2 Baths
-
$2,350,000 Nov 15, 2023
-
$2,094/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231107
11/07/2023
Loft
-
4055 ft²
$2,250,000
bedrooms
Loft
bathrooms
-
square feet
4055 ft²
-
-
-
MeiJuan (Mandy) Jiang
Momentum Real Estate LLC
20220726
07/26/2022
6 Bed
5 Bath
-
$2,098,000
bedrooms
6 Bed
bathrooms
5 Bath
$1,500,000 -28.50%
06/23/2023
Gobinda K Lama
Prime America Real Estate Inc
20200930
09/30/2020
Loft
-
-
$1,998,000
bedrooms
Loft
bathrooms
-
-
-
-
Winne Chen
MEHOME Realty

Building Info

355 New Lots Avenue 355 New Lots Avenue, Brooklyn, NY 11207
  • 6 Units
  • 1 Unit for Sale
More about this Building
355 New Lots Avenue
Want to find out who owns 355 New Lots Avenue, Brooklyn, NY 11207? Get detailed property transactions here .

About Eastern Brooklyn


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