Check Availability
$1,075,000
↓ $25K (2.3%)
House - For Sale

600 E 22nd Street

Flatbush, NY 11226
bedrooms
Studio
bathrooms
0 Bath
$6,365
Estimated Monthly
$0
HOA / Fees
1.67%
Cap Rate

About This Property

Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10' Ceilings,  All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!!     Income:    Apt. 1A (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.: 5/31/24.     Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.; Lease Exp.: 5/31/25.     Apt. 2A (3 Br. 1 Bath): $19,004.88 Ann.; Lease Exp.: 6/30/24.     Apt. 3A (3 Br. 1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23.     Apt. 4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25.    Private Gated Parking Lot: $36,000 Ann.     Gross Income: $142,899.76 Ann.     Expenses:    Heat: $1,510 Ann.     Electric (Common Areas Only): $721 Ann.     Maintenance & Repairs: $937 Ann.    Water & Sewer: $4,203.58 Ann.     Insurance: $5,270.66 Ann.     Taxes: $13,032 Ann.     Total Expenses: $25,674.24 Ann.     Net Operating Income (NOI): $107,225.52 Ann. (9.97 Cap!!!)
Unit Size
-
Days on Market
222 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,086
HOA Dues
-
Year Built
1931
Listed By
Richard Matt Shane
All Island Estates Realty Corp
Last updated: 5 months ago (OneKey MLS #ONE3505396)

Price History

Date / Event Date Event Price
Nov 30, 2023 Price Decreased $1,075,000
↓ $25K (2.3%)
Price Decreased
Sep 18, 2023 Listed by All Island Estates Realty Corp $1,100,000
Listed by All Island Estates Realty Corp
Jul 11, 2018 Sold to Brooklyn Park Terrace Llc $1,272,950
Sold to Brooklyn Park Terrace Llc
Jun 22, 2017 Sold to 600 East 22nd Realty Llc $1,050,000
Sold to 600 East 22nd Realty Llc

Property Highlights

Exterior Details

Property Information

Square Footage : 5720
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.07
Lot Size Square Feet: 3000
Lot Size Dimensions: 30x100
Financial Details
Tax Annual Amount: $13,032

Building Info

Overview

    General

  • Year Built: 1931
  • First Altered Year: 1989
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 13
  • Residential Unit Count: 13
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 3,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 30
  • Building Depth: 65
  • Building Frontage: 22
  • Gross Building Area: 5,720

    Building Floor Area

  • Residential Building Floor Area: 5,720

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: C1
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Extension Code: G

Neighborhood

  • Community District: 314
  • City Council District: 40
  • Police Precinct: 70
  • Fire Company: E281
  • Health Area: 7210
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5221
  • Lot: 63
  • Borough Block Lot: 3052210063

    Address

  • Full Address: 600 East 22 Street
  • Zip Code: 11226

Valuation

    Assessments Valuation

  • Assessed Total Value: $221,850
  • Assessed Land Value: $11,250

    Exemptions

  • Exempt Total Value: $203,400
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$987,500 May 15, 2013
$987,500 Sep 19, 2013
-
Townhouse
Stu
-
-
$860,000 Sep 15, 2013
$860,000 Aug 27, 2014
-
House
4 Beds
3 Baths
3,034 ft²
$356/ft²
$1,080,000 Sep 9, 2021
$1,080,000 Dec 9, 2022
-
House
4 Beds
3 Baths
-
$995,000 Mar 2, 2022
$995,000 Dec 9, 2022
$348/mo
House
3 Beds
4 Baths
-
$1,064,700 Aug 16, 2023
$1,064,700 Feb 1, 2024
$871/mo
Condo
3 Beds
2 Baths
1,163 ft²
$924/ft²
$1,075,000 Mar 6, 2019
$1,075,000 May 21, 2019
$730/mo
House
Stu
-
-
$869,000 Mar 25, 2024
-
-
House
3 Beds
2 Baths
1,622 ft²
$616/ft²
$999,000 Mar 5, 2024
-
$550/mo
Commercial
Loft
-
-
$990,000 Feb 11, 2024
-
-
House
4 Beds
2 Baths
-
$979,000 Apr 24, 2023
-
$478/mo
Other
Loft
-
2,700 ft²
$444/ft²
$1,199,999 Feb 1, 2024
-
$484/mo
Land
Loft
-
-
$899,000 Nov 16, 2023
-
$2,407/mo

About Central Brooklyn


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Frequently Asked Questions

When was property at 600 East 22nd Street built and last sold?
The property at 600 East 22nd Street was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 600 East 22nd Street is $1,085,750.
What are some comparable homes to 600 East 22nd Street?
Homes that are comparable to 600 East 22nd Street include a house property at 2103 Glenwood Road, 687 East 24th Street, 549 East 26th Street.

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