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New York Brooklyn 11233 Crown Heights
241 Buffalo Avenue
Photo of 241 Buffalo Avenue
Sold on Jul 27, 2022

10

Map

Photo of 241 Buffalo Avenue
Photo of 241 Buffalo Avenue
$620,000
● House - Off Market

241 Buffalo Avenue

New York, NY 11213
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,924 Ft²
$946,398
RealtyHop Estimate
6.46%
Since Aug 1, 2022
NY-New York
Primary Model

About This Property

Unique one family home with walkout lower level, 3 entrances and flexible floor plan.  Renovated bathroom. Some updates needed. Private driveway for two cars. Zoning R6, C2-3. Subway Utica Ave #2#3#4, Bus B15 B45 B65, Additional information: Separate Hotwater Heater:Y
Unit Size
1,924 Ft²
Days on Market
49 days
Land Size
0.05 acres
Price per sqft
$462
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (OneKey MLS #KEYL3406393)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Joanne L Guthman $889,000
Listed by Joanne L Guthman
May 21, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 20
  • Building Frontage: 16
  • Gross Building Area: 488

    Building Floor Area

  • Residential Building Floor Area: 488

    Floor Area Ratio

  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: A2
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: E

Neighborhood

  • Community District: 308
  • City Council District: 41
  • Police Precinct: 77
  • Fire Company: L123
  • Health Area: 5020
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Zoning Commercial Overlay 1: C2-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1381
  • Lot: 9
  • Borough Block Lot: 3013810009

    Address

  • Full Address: 241 Buffalo Avenue
  • Zip Code: 11213

Valuation

    Assessments Valuation

  • Assessed Total Value: $24,960
  • Assessed Land Value: $12,300

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Brooklyn

Stats & Trends

Median Asking:

$890,000

Sale Price/ft²

$719

Below Asking

0.02%

Average Days on Market

117

Average Home Size

1943 ft²

Average Home Age

74.3 years

Currently For Sale

527 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 125 Lefferts Place, Brooklyn, NY 11238

$5,250 /mo

  • 4 Beds
  • 2 Baths
125 Lefferts Place #2, Brooklyn, NY 11238 Listing by Ori Cohen
Unit for rent at 105 Rogers Avenue, BROOKLYN, NY, 11216

$5,334 - $5,746 /mo

  • 2 Beds
  • 2 Baths
105 Rogers Avenue, BROOKLYN, NY, 11216 Listing by Marc Shagalow
Unit for rent at 543 Brooklyn Avenue, Brooklyn, NY, 11225

$5,815 - $6,265 /mo

  • 3 Beds
  • 2 Baths
  • 1,341 ft²
543 Brooklyn Avenue, Brooklyn, NY, 11225 Listing by Levi Epstein

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 241 Buffalo Avenue built and last sold?
The property at 241 Buffalo Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 241 Buffalo Avenue is $0.
What are some comparable homes to 241 Buffalo Avenue?
There are currently no comparable homes to 241 Buffalo Avenue.
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