$2,595,000
●
Property -
For Sale
276 E 23rd Street
Brooklyn, NY 11226
Studio
9 Baths,
1
Half Bath
4140 Sqft
$14,173
Estimated Monthly
$0
HOA / Fees
0.17%
Cap Rate
About This Property
**Seller's mortgage is assignable - current interest rate for the
next 4.5 years is 5.5%**
276 East 23rd Street is a mixed-use building that was originally built in 1905 and recently re-imagined into a renovated income-producing property. This 20ft wide by 69ft long building offers five thoughtfully designed residential units and one commercial unit. The property is located in the changing neighborhood of Flatbush right near the main retail drag of Ditmas Park.
Each unit has been thoughtfully laid out to maximize income potential while still offering a comfortable home. The kitchens are adorned with tasteful cabinetry, quartz countertops, and a honed tile backsplash. The windowed bathrooms are finished with large grey tiling, nickel fixtures, and a beautiful wood panel backdrop. All units feature central AC, recessed lighting, a video intercom, and tankless water heaters. Hot water and heating are paid by the tenants keeping ownership utility costs extremely low.
In the cellar, there is shared laundry that provides an additional source of income; as well as an area that can be converted into storage units for the tenants. The unfinished roof can be converted into a common roof deck.
276 East 23rd Street is a mixed-use building that was originally built in 1905 and recently re-imagined into a renovated income-producing property. This 20ft wide by 69ft long building offers five thoughtfully designed residential units and one commercial unit. The property is located in the changing neighborhood of Flatbush right near the main retail drag of Ditmas Park.
Each unit has been thoughtfully laid out to maximize income potential while still offering a comfortable home. The kitchens are adorned with tasteful cabinetry, quartz countertops, and a honed tile backsplash. The windowed bathrooms are finished with large grey tiling, nickel fixtures, and a beautiful wood panel backdrop. All units feature central AC, recessed lighting, a video intercom, and tankless water heaters. Hot water and heating are paid by the tenants keeping ownership utility costs extremely low.
In the cellar, there is shared laundry that provides an additional source of income; as well as an area that can be converted into storage units for the tenants. The unfinished roof can be converted into a common roof deck.
Unit Size
4,140Ft²
Days on Market
413 days
Land Size
-
Price per sqft
$627
Property Type
Property
Property Taxes
$1,431
HOA Dues
-
Year Built
1905
Listed By
Last updated: 4 days ago (RLS #COMP-1241485603674968465)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 30, 2023 | Listed by Compass | $2,595,000 | |
Listed by Compass | |||
Aug 10, 2016 | Sold to 380 Green Bricks Llc | $1,560,000 | |
Sold to 380 Green Bricks Llc |
Property Highlights
Air Conditioning
Interior Details
Bedroom Information
Bedrooms: 13
Bathroom Information
Full Bathrooms: 8
Half Bathrooms: 1
Interior Information
Interior Features: High Ceilings, Recessed Lighting
Appliances: Dryer, Dishwasher, Washer
Flooring Type: Hardwood
Living Area: 4140
Room Information
Laundry Features: Common Area
Rooms: 30
Basement Information
Has Basement
Full
Exterior Details
Property Information
Year Built: 1930
Building Information
Pets Allowed: Building Yes, Cats O K, Dogs O K
Lot Information
Lot Size Dimensions: 20.000000x80.000000
Land Information
Tax Lot: 47
Tax Block: 05166
Financial Details
Tax Annual Amount: $17,172
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Flatbush
Stories Total: 3
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,070,000
Nov 5, 2022
$2,070,000
May 15, 2023
$5,156/mo
House
6
Beds
4
Baths
4,122 ft²
$680/ft²
$2,805,000
Jun 20, 2019
$2,805,000
Dec 20, 2019
-
Sold
Townhouse
7
Beds
4
Baths
4,500 ft²
$567/ft²
$2,550,000
Apr 18, 2023
$2,550,000
Mar 8, 2024
$871/mo
House
6
Beds
4
Baths
4,436 ft²
$564/ft²
$2,500,000
Aug 28, 2020
$2,500,000
Apr 19, 2021
-
Multifamily
4
Beds
4
Baths
4,305 ft²
$488/ft²
$2,100,000
Feb 27, 2023
$2,100,000
Jul 24, 2023
-
House
6
Beds
5
Baths
3,457 ft²
$781/ft²
$2,700,000
Oct 1, 2018
$2,700,000
Mar 22, 2019
-
Active
Townhouse
5
Beds
6
Baths
3,391 ft²
$765/ft²
$2,595,000
Oct 18, 2023
-
$1,004/mo
In Contract
Townhouse
5
Beds
4
Baths
3,400 ft²
$824/ft²
$2,800,000
Sep 13, 2023
-
$838/mo
Active
Townhouse
5
Beds
4
Baths
5,000 ft²
$550/ft²
$2,750,000
Mar 13, 2024
-
$1,175/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/15/2018
|
|
Loft
|
6 Bath
|
-
|
$2,999,000
Loft
6 Bath
|
-
-
|
-
|
-
|
Building Info
276 East 23rd Street
276 East 23rd Street, Brooklyn, NY 11226
- 6 Units
- 1 Unit for Sale