$2,150,000
↓ $200K (8.5%)
●
Multifamily -
For Sale
606 Flatbush Avenue
Brooklyn, NY 11225
Studio
7 Baths
$11,891
Estimated Monthly
$0
HOA / Fees
0.77%
Cap Rate
About This Property
Prospect Park Lefferts Gardens Mixed Use building Fantastic
location 7- two bedroom apartments plus 1 Retail Store
on ground floor , 6 apartments are renovated with all new kitchens
.& bathrooms, floors, walls windows etc. One apartment is vacant .
Four apartments are decontrolled , 2 are rent stabilized, one is a
preferential rent that will go to market rent at the next vacancy.
Store has no lease and pays $2500.00 per year for RE Tax and $ 875
per year for water tax. There is a new central gas boiler , new hot
water tank , new roof , all new windows with the new renovations .
Tenants pay online. Actual Net Rent Income $131,00
Approx 6.3 Cap . not including the vacant apartment. Potential Net
Rent income $181,000.00, 8.4 Cap Call Listing Broker to show. All
Buyers MUST provide Proof of Funds before showing date.
Unit Size
-
Days on Market
178 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,333
HOA Dues
-
Year Built
1931
Listed By
Last updated: 2 months ago (NYSMLS #11220398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2024 | Price Decreased |
$2,150,000
↓ $200K
(8.5%)
|
|
| Price Decreased | |||
| Nov 1, 2023 | Listed by J ORLANDO REALTY CO | $2,350,000 | |
| Listed by J ORLANDO REALTY CO | |||
Property Highlights
Exterior Details
Exterior Information
Brick
606 Flatbush 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
In Contract
Multifamily
4
Beds
3
Baths
2,400 ft²
$870/ft²
$2,088,000
Oct 27, 2023
-
$655/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/01/2023
|
|
Studio
|
8 Bath
|
5787 ft²
|
$2,250,000
Studio
8 Bath
5787 ft²
|
-
-
|
-
|
James D Orlando
St James Realty
|
Building Info
606 Flatbush Avenue
606 Flatbush Avenue, Brooklyn, NY 11225
- 8 Units
- 1 Unit for Sale
