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Map
$1,344,859*
●
Property -
Off Market
861 East 51st Street
Brooklyn, NY 11203
Studio
8 Baths
3888 Sqft
$1,035,000 - $1,265,000
Reference Base Price*
16.94%
Since Nov 1, 2021
NY-New York
Primary Model
About This Property
Two-of-a-kind, extraordinarily large legal Three Family in East
Flatbush is a perfect option for the end user or investor buyer.
Aside from the attached twin building, no other three family
property of this size exists in this neighborhood! Each apartment
is almost 1300 square feet and features three bedrooms and two
bathrooms, including a king sized Master Bedroom with ensuite
bathroom. With hardwood floors throughout, the layouts are
identical across the three floors, with variations in the entrance
to the spacious living rooms, all brightened by oversized panel
windows. A formal dining area opens to a windowed kitchen, offering
convenience and flow, whether entertaining friends or multi-tasking
with family. The finished basement and the 1st floor apartment
share an exterior entryway and foyer. The basement stairs lead to
two bedrooms and two bathrooms, one of them ensuite, along with a
laundry room, utility room and living space. In addition to a
narrow backyard, this incredible property offers a three car
driveway. Imagine? private parking in East Flatbush!This home is
conveniently located a block from the B7, B8, and B46 Select Bus
stop, making it only 4 stops to the 3 and 4 trains, and 5 stops to
the A and C train lines. Conveniences like eateries, dry cleaners,
and supermarkets are within blocks. The current monthly rent roll
is $7600. The net operating [after expenses] income is $69,260 per
year. The first and second floor units will be delivered occupied
by great tenants, neither of whom have a lease, and the
light-filled third floor will be delivered vacant. If an accepted
buyer wanted the vacant unit to be rented before closing, it can be
arranged. Property is well maintained and has a 1.5 year old roof,
and 3 year old hot water heater. Here?s a rare opportunity to own
an investment property in a steadily appreciating neighborhood with
high rental demand, or to move into a spacious home that pays for
itself. Come see for yourself, what the fuss is all about! Note:
Listing agent has an equity interest in this property.
The manager has listed the unit size as 3888 square feet.
The manager has listed the unit size as 3888 square feet.
Unit Size
3,888Ft²
Days on Market
-
Land Size
-
Price per sqft
$296
Property Type
Property
Property Taxes
$601
HOA Dues
-
Year Built
1991
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Feb 23, 2021 | Sold to Valcrey Veronica Gonsalves... | $1,185,000 | |
Sold to Valcrey Veronica Gonsalves... | |||
Oct 28, 2020 | In contract | - | |
In contract | |||
Sep 11, 2020 | Listed | $1,150,000 | |
Listed |
Property Highlights
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
Townhouse
5
Beds
3.5
Baths
4,000 ft²
$288/ft²
$1,150,000
Oct 5, 2020
$1,150,000
May 2, 2022
-
Townhouse
5
Beds
4.5
Baths
3,196 ft²
$375/ft²
$1,200,000
Jun 24, 2021
$1,200,000
Jun 15, 2022
-
Townhouse
5
Beds
5
Baths
2,576 ft²
$474/ft²
$1,220,000
Aug 22, 2022
$1,220,000
Nov 20, 2022
-
Active
Townhouse
6
Beds
5
Baths
3,630 ft²
$331/ft²
$1,200,000
Nov 30, 2022
-
$848/mo
Active
Multifamily
6
Beds
3
Baths
3,052 ft²
$304/ft²
$929,000
Jan 10, 2021
-
$602/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/23/2020
|
11 Bed
|
7 Bath
|
-
|
$1,150,000
11 Bed
7 Bath
|
$1,150,000
02/25/2021
|
-
|
Natalie Richards
Keller Williams Realty Empire
|
|
09/11/2020
|
|
Loft
|
8 Bath
|
3888 ft²
|
$1,150,000
Loft
8 Bath
3888 ft²
|
$1,185,000
+3.04%
02/23/2021
|
Natalie Richards
Keller Williams - NYC - Brooklyn Bay Ridge
|