194 11th Street

House in Gowanus
Active

194 11th Street, Brooklyn, NY 11215

$1,750,000
$49,500 (2.8%)
 for Sale at 194 11th Street, Brooklyn, NY 11215

Open House: Sun Jun 4, 11:15AM - 12:15PM

30

 for Sale at 194 11th Street, Brooklyn, NY 11215
 for Sale at 194 11th Street, Brooklyn, NY 11215
 for Sale at 194 11th Street, Brooklyn, NY 11215
$1,750,000
$49,500 (2.8%)
4
Beds
2
Baths
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$8,593
If we could describe this townhome in one of Brooklyns most desirable neighborhoods in one word, wed say: opportunity.

An opportunity to transform it into an income-producing investment with 2 or potentially 3 units. An opportunity to create a stunning single-family home that is waiting for your personal touch. Or make it both: an owners duplex with a rental unit to help defray costs.

Any which way, this spacious townhome in Gowanus is a unpolished gem begging to have its brilliance brought to the fore. With three stories, a basement, and a large backyard, this property has the potential to become an amazing home! All it will take is vision, a contractor/architect and the right offer.

Upon entering, youll...

LISTING AGENTS


Building Info

Overview

This property was built in 1899.

General

  • Year Built

    1899
  • Building Count

    1
  • Floor Count

    2
  • Total Unit Count

    3
  • Residential Unit Count

    3
  • Basement Type

    1

Dimensions

  • Lot Area Sqft

    1,875
  • Lot Size Depth Feet

    100
  • Lot Size Frontage Feet

    18
  • Building Depth

    30
  • Building Frontage

    18
  • Gross Building Area

    1,620

Building Floor Area

  • Residential Building Floor Area

    1,080

Floor Area Ratio

  • Built Floor Area Ratio

    0.86
  • Residential Floor Area Ratio

    2.00
  • Facilities Floor Area Ratio

    2.00

Building

Building codes and types
  • Building Type

    C0
  • Lot Type

    5
  • Land Use

    02
  • Irregular Lot Code

    N
  • Proximity Code

    3
  • Extension Code

    N

Neighborhood

The school district number is 15.
  • Community District

    306
  • City Council District

    39
  • Police Precinct

    78
  • Fire Company

    E239
  • Health Area

    4300
  • Sanitation District Borough

    3
  • Sanitation Subsection

    5C
  • School District

    15

Zoning

The zoning code for this property is R6B.
  • Split Boundary Zone Indicator

    N
  • Zoning

    R6B

Geography

The property is located in zip code 11215.
  • Borough Name

    BK
  • Borough Code

    3
  • Block

    1021
  • Lot

    18
  • Borough Block Lot

    3010210018

Address

  • Full Address

    194 11 Street
  • Condominium Number

  • Zip Code

    11215

Valuation

The assessed value of this property is $96,180.

Assessments Valuation

  • Assessed Total Value

    $96,180
  • Assessed Land Value

    $18,120

Exemptions

  • Exempt Total Value

    $1,440
  • Exempt Land Value

    $0

Building Features

Outdoor Space

GardenPatio

Pet Policy

Dogs Allowed / Cats Allowed

Home Features

HVAC

Window Units

Laundry

Washer / Dryer in Unit

View

City View

Outdoor Space

Private Patio

Price History

Date/EventEventPrice
May 9, 2023 Price DecreasedPrice Decreased$1,750,000 $49,500 (2.8%)
Feb 22, 2023 Listed by Keller Williams NYCListed by Keller Williams NYC$1,799,500

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$144,000
ExpensesPer Year
$0
Operating ProfitPer Year
$144,000
Cap rate
8.23%

Price Estimate

$2,064,000$1,767,500$1,471,000
20232024202520262027
Current Asking Price

$1,750,000

HopScore Market Price

$1,767,500

The current asking price is $17,500 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Townhouse
4
2.5
2,209 ft²
$859/ft²
$1,897,000
Sold
Townhouse
4
3
2,050 ft²
$927/ft²
$1,900,000
Sold
Condo
4
3
2,060 ft²
$1,019/ft²
$2,100,000
$1,363/mo
Sold
4
3.5
1,920 ft²
$1,078/ft²
$2,070,000
$221/mo
Sold
Townhouse
5
3
-
$1,950,000

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Neighborhood

About Gowanus

Stats & Trends

The median asking price in Gowanus is $1,569,000.
  • Median Asking

    $1,569,000
  • Sale Price/ft²

    $1,137.37
  • Above Asking

    0.01%
  • Days on Market

    86

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The building on the property was first built in 1899 and is 124 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 18 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $96,180. If we break it down further, the land itself was valued...

194 11th Street, Brooklyn, NY 11215


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