by RH Advisors

See Home Value
$1,199,000
Multifamily - Off Market

323 38th Street

Brooklyn, NY 11232
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1600 Sqft
$1,213,021
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model

About This Property

*** FLOOR PLANS ARE ESTINMATED  **** CALLING ALL DEVELOPERS*******************

Sunset Park Prime location - come create a live work space - this space is waiting for you and your vision to transform it into something amazing - Seller is motivated.

323 38th Street is a fantastic opportunity to own in Sunset Park, This property requires a complete gut renovation or tear down. Bring your engineer, architect and vision. Let's make a deal happen! The seller is motivated! this is a 2 story plus cellar."

The property is on a 20x100 foot lot.

2 Family home with plenty FAR..2400 Unused FAR

Come create a live work environment ...

This home is located on an M1-2 zone, which has commercial FAR 2.0 and Facility FAR of 4.8.

Located right off 3rd Ave, 3 blocks from the NDR trains at 36th and 4th Ave.

Costco is less than 1 block away.

Industry City is just couple blocks away, state of the art new schools, NYU Langone, 4th Avenue shopping, dining and banking all just 1 block away!

Sunset Park is 5 blocks away.

The home is in need of a full gut renovation...bring your architect, contractor, design, vision.

The seller is motivated, and all reasonable offers will be reviewed carefully, and delivered to the seller in a speedy manner. We are seeking qualified purchasers and a fast sale.

Seller makes no warrants or claims to the property condition.

All must be verified by your attorney. All information deemed accurate but must be verified. *FAR information was extracted from propertyshark.com.

This home falls into the NYC "Opportunity Zones" which offers many financing options - call today and let's get you and your dreams and turn them into reality!

Real Estate taxes are based on STAR and other deductions***

This is an AS IS SALE
Unit Size
1,600Ft²
Days on Market
-
Land Size
-
Price per sqft
$749
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 10 months ago (RLS #RLMX-84701)

Price History

Date / Event Date Event Price
Jul 29, 2023 No longer available -
No longer available
Apr 26, 2023 Price Decreased $1,199,000
↓ $300K (20%)
Price Decreased
Nov 12, 2022 Price Decreased $1,499,000
↓ $450K (23.1%)
Price Decreased
Oct 18, 2022 Listed by Tyler Vincent Real Estate Inc $1,949,000
Listed by Tyler Vincent Real Estate Inc

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 2

Room Information

Rooms: 7
Exterior Details

Property Information

Property Condition: Fixer, RepairsMajor


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3 Baths
1,800 ft²
$555/ft²
$999,000 Feb 14, 2019
$999,000 May 13, 2019
-
Townhouse
5 Beds
3 Baths
2,476 ft²
$460/ft²
$1,140,000 Mar 1, 2017
$1,140,000 Jun 19, 2017
-
Multifamily
6 Beds
3 Baths
2,160 ft²
$625/ft²
$1,350,000 Jun 22, 2022
$1,350,000 Apr 12, 2023
-
Multifamily
6 Beds
2 Baths
2,408 ft²
$498/ft²
$1,200,000 Mar 9, 2023
$1,200,000 Jul 19, 2023
-
Multifamily
4 Beds
4 Baths
2,295 ft²
$610/ft²
$1,400,000 Jul 26, 2022
$1,400,000 May 31, 2023
-
Townhouse
4 Beds
2 Baths
1,950 ft²
$638/ft²
$1,243,200 May 29, 2015
$1,243,200 Oct 13, 2015
-
House
5 Beds
2 Baths
1,296 ft²
$752/ft²
$975,000 Feb 9, 2024
-
$3,108/mo
House
5 Beds
3 Baths
1,000 ft²
$1,250/ft²
$1,250,000 Apr 4, 2024
-
$3,631/mo
Townhouse
5 Beds
3 Baths
2,400 ft²
$581/ft²
$1,395,000 Mar 22, 2024
-
$397/mo
Townhouse
4 Beds
3 Baths
1,450 ft²
$824/ft²
$1,195,000 Apr 11, 2024
-
$360/mo
Multifamily
5 Beds
3 Baths
2,985 ft²
$452/ft²
$1,348,000 Feb 28, 2024
-
$559/mo
Multifamily
5 Beds
4 Baths
-
$1,180,000 Dec 2, 2023
-
$580/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

323 38th Street 323 38th Street, Brooklyn, NY 11232
  • 2 Units
  • 2 Units for Sale
More about this Building
323 38th Street
Want to find out who owns 323 38th Street, Brooklyn, NY 11232? Get detailed property transactions here .

About South Brooklyn


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