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Map
$1,250,000
●
Multifamily -
For Sale
48 Lott Avenue
Brownsville, NY 11212
6 Beds
4 Baths
$7,080
Estimated Monthly
$0
HOA / Fees
8.31%
Cap Rate
About This Property
Welcome to 48 Lott Avenue, a well-maintained four-unit (C3),
free-market rental building available for the first time in 40
years. This semi-detached property features (2) 2-bedroom, 1
bathroom, and (2) 1-bedroom, 1-bathroom apartments with a fully
finished basement. Each apartment is newly renovated and has been
kept in excellent condition. The roof and mechanicals are all
updated, there is a brand new water heater and a gas boiler. Access
to transportation includes the 3 train at Saratoga Avenue station
and multiple bus lines. Here's a terrific opportunity to grow your
wealth and build your multi-family real estate portfolio in NYC.
Two of the units are occupied and can be delivered vacant.
Unit Size
-
Days on Market
138 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$942
HOA Dues
-
Year Built
1930
Listed By
Last updated: 3 months ago (OneKey MLS #ONE3520672)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2023 | Listed by Keller Williams Realty Empire | $1,250,000 | |
| Listed by Keller Williams Realty Empire | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Shared Driveway, Off Street
Interior Details
Bathroom Information
Full Bathrooms: 4
Interior Information
Interior Features: Living Room/Dining Room Combo
Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator
Flooring Type: Hardwood
Room 1
Level: First
Type: (1) 1 bedroom, (1) 1-bath
Room 2
Level: First
Type: (1) 2 bedroom. (1) 1-bath
Room 3
Level: Second
Type: (1) 2-beddroom, (1) 1-bath
Room 4
Level: Second
Type: (1) 1-Bedroom, (1) 1-bath
Room Information
Rooms: 10
Basement Information
Basement: Finished, Full
Exterior Details
Property Information
Architectual Style: Semi Detached
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1930
Year Built Source: Estimated
Year Built Effective: 2017
Building Information
Levels: Two
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.05
Lot Size Square Feet: 2000
Lot Size Dimensions: 2000
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $11,307
Utilities Details
Cooling: Yes
Cooling: Window Unit(s)
Heating: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
County or Parish: Brooklyn
Other Details
Selling Agency Compensation: 1
On Market Date: 2023-12-11
48 Lott Avenue
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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
Sold
Multifamily
6
Beds
5
Baths
-
$999,000
Nov 24, 2021
$999,000
Apr 6, 2022
$871/mo
Multifamily
6
Beds
5
Baths
-
$1,180,000
Oct 5, 2021
$1,180,000
Mar 11, 2022
$580/mo
Sold
Multifamily
7
Beds
3
Baths
-
$990,000
Apr 26, 2022
$990,000
Sep 16, 2022
$327/mo
Sold
Multifamily
7
Beds
4
Baths
-
$990,000
Oct 18, 2020
$990,000
Jun 2, 2022
$678/mo
Multifamily
7
Beds
4
Baths
-
$999,999
Nov 8, 2021
$999,999
Jun 20, 2023
$609/mo
Multifamily
7
Beds
4
Baths
-
$1,225,000
Jul 23, 2020
$1,225,000
Apr 2, 2021
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Eastern Brooklyn
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Last Updated: 3 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
