Check Availability
$1,980,000
Property - For Sale

1013 Rutland Road

Brooklyn, NY 11212
bedrooms
Studio
bathrooms
0 Bath
square feet
2560 Sqft
$2,032,727
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model

About This Property

Sell with 1015 Rutland Rd as package deal.

Double Mixed-use, Super Income Producer Building in East Flatbush!

Lot: 40'X100'
Buildings: 20'X98' and 20'X65'
Gross Building Area: 5,860Sq. Ft + 2,600Sq. Ft Basement Space

The well maintained double mixed-use building is located in a busy location in East Flatbush, and fully leased. The first floor is rented to a single tenant(Laundromat)with a total of 3,260Sq. Ft of space. The second floor contains four residential apartments with 2,600Sq. Ft.

These buildings are an investor's dream as all of the heating and hot water have been separated for all of the units. Each tenant is responsible for their heating/hot water expenses. the building has a gross income of approximately $155,000 and offered at a 6.55% cap rate with its current income.

These buildings are a hidden gem and a great addition to anyone's income portfolio! Please call for detail rent roll and expense information.

The manager has listed the unit size as 2560 square feet.
Unit Size
2,560Ft²
Days on Market
480 days
Land Size
0.05 acres
Price per sqft
$773
Property Type
Property
Property Taxes
$5,991
HOA Dues
-
Year Built
1931
Last updated: 12 months ago (BMLSNY #470948)

Price History

Date / Event Date Event Price
May 26, 2023 Relisted $1,980,000
Relisted
May 24, 2023 No longer available -
No longer available
Jan 7, 2023 Listed by Womcore LLC dba Remax Edge $1,980,000
Listed by Womcore LLC dba Remax Edge
Dec 22, 2017 Sold to Tak Yan Cheng $1,380,000
Sold to Tak Yan Cheng
Mar 28, 2014 Sold to San Hing Realty Llc $360,000
Sold to San Hing Realty Llc

Property Highlights

Exterior Details

Exterior Information

Brick

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
-
$1,995,000 Jun 26, 2019
$1,995,000 Jul 1, 2019
-
Other
Loft
-
-
$1,850,000 Aug 13, 2019
$1,850,000 Aug 13, 2019
-
Other
Loft
-
-
$1,850,000 Aug 14, 2019
$1,850,000 Aug 14, 2019
-
Other
Loft
3 Baths
-
$1,850,000 Sep 3, 2019
$1,850,000 Sep 4, 2019
-
Other
Loft
-
-
$1,850,000 Aug 9, 2019
$1,850,000 Aug 9, 2019
-
Other
Loft
3 Baths
-
$1,750,000 Jun 26, 2019
$1,750,000 Jun 7, 2021
-
Other
Loft
-
3,240 ft²
$611/ft²
$1,980,000 Jan 7, 2023
-
$611/mo
Other
Loft
-
3,300 ft²
$500/ft²
$1,650,000 Mar 18, 2024
-
$3,187/mo
Other
Loft
2 Baths
-
$1,900,000 Jan 17, 2024
-
-
Multifamily
Stu
-
3,248 ft²
$670/ft²
$2,175,000 Jun 19, 2022
-
$642/mo
Commercial
Loft
-
-
$1,800,000 Jan 18, 2024
-
$1,469/mo
Land
Loft
-
-
$2,200,000 Oct 15, 2023
-
$1,484/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1013 Rutland Road 1013 Rutland Road, Brooklyn, NY 11212
  • 3 Units
  • 1 Unit for Sale
More about this Building
1013 Rutland Road
Want to find out who owns 1013 Rutland Road, Brooklyn, NY 11212? Get detailed property transactions here .

About Central Brooklyn


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