Check Availability
$1,150,000
House - In Contract

68 Sutton Street

Greenpoint, NY 11222
bedrooms
Studio
bathrooms
0 Bath
$6,389
Estimated Monthly
$0
HOA / Fees
2.86%
Cap Rate

About This Property

Six 2 bedroom apartments RS: EiK, Liv/Dr, 2 Bedrooms, Bathroom. Gross Income:$81,078.60, Net Income: $64,769.72, Expenses: $14,797 (Taxes $8,898.56,El. $500, W/S $2,580, Ins. $3,500). Rent: 1L 10-1-24 $1,028.24, 1R 11-30-24 1,254, 2L 6-1-25 $933.70, 2R 12-31-23 $1022.71, 3L 8-1-25,$938.90, 3R 10-1-24 $1,579. Each apartment has heating unit and water heater. Tenants pay for gas heat, gas for cooking, el. and hot water. Public transportation: busses, G and L trains. Close to parks. Proof of Funds required. All Cash or Letter of Intent/ Pre Approval Letter from Commercial Bank/Direct Lender required.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1937
Listed By
Jolanta Piela
Keller Williams Landmark II
Last updated: 4 months ago (OneKey MLS #ONE3430413)

Price History

Date / Event Date Event Price
Dec 30, 2023 In contract -
In contract
Sep 26, 2022 Listed by Keller Williams Landmark II $1,150,000
Listed by Keller Williams Landmark II
Six 2 bedroom apatrments. Gross Inc. $ 79,197.72, Net Inc. $64,480.72, Exp. $14,717. Tenants pay for heat,gas for cooking, el and hot water. Public Transportation: Busses, G and L Trains. Close to Parks. 2 bedroom apartments: EiK, Livingroom, Bathroom, 2 bedrooms. Gross Income: $79,197.72, Net Income: $64,480.72, Expenses: $14,717 (Taxes $8,217, El. $500, W/S $2,500, Ins. $3,500). Rent: 1L 10-1-22 $1,028.24, 1R 11-30-22 $1,195.18, 2L 6-1-23 $889.24,2R 12-31-22 $974, 3L 8-1-23 $894.19, 3R…
Sep 15, 2022 Listed by Keller Williams Landmark II $1,150,000
Listed by Keller Williams Landmark II
Sep 2, 2021 No longer available -
No longer available
Jun 23, 2021 Listed by Keller Williams Landmark II $1,280,000
Listed by Keller Williams Landmark II
6 Family Building, Rail Road Apartments, Rent Stabilized. Each apartment features EiK, Liv/Din, Bathroom and 2 Bedrooms. One apartment Vacant. Each apartment has its own water heater and gas heaters. Gross Income $74,998.72, Expenses: W/S $2,500, El.$400, Ins. $3,500, Taxes $7,750. Net Income $60,848.72. Leases: 1L $980 9/30/22, 1R $1,183 11/30/21, 2L $880.10 N/L, 2R $959.62 12/31/21, 3L $894.32 7/31/23, 3R Vacant, previous rent $1,360 . Cap rate 4.75. Sold "AS IS". No mortgage…
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Property Highlights

Parking Available
Exterior Details

Property Information

Square Footage : 1450
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1937

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Financial Details
Tax Annual Amount: $8,899

Building Info

Overview

    General

  • Year Built: 1937
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 6
  • Residential Unit Count: 6
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25
  • Building Depth: 58
  • Building Frontage: 25
  • Gross Building Area: 4,350

    Building Floor Area

  • Residential Building Floor Area: 4,350

    Floor Area Ratio

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

Building

  • Building Type: C2
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 301
  • City Council District: 33
  • Police Precinct: 94
  • Fire Company: L146
  • Health Area: 300
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3B
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 2690
  • Lot: 69
  • Borough Block Lot: 3026900069

    Address

  • Full Address: 68 Sutton Street
  • Zip Code: 11222

Valuation

    Assessments Valuation

  • Assessed Total Value: $529,650
  • Assessed Land Value: $5,850

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$1,075,000 Jul 6, 2017
$1,075,000 Oct 12, 2017
-
Condo
Stu
2 Baths
1,323 ft²
$755/ft²
$999,000 Nov 18, 2020
$999,000 Sep 1, 2021
$539/mo
Condo
1 Bed
2 Baths
1,030 ft²
$1,039/ft²
$1,070,000 Apr 21, 2015
$1,070,000 Jul 30, 2015
$310/mo
House
2 Beds
1 Bath
-
$1,200,000 Aug 8, 2020
$1,200,000 Dec 18, 2020
-
Condo
1 Bed
2 Baths
1,204 ft²
$872/ft²
$1,050,000 Dec 13, 2017
$1,050,000 Jun 6, 2018
$504/mo
Condo
1 Bed
2 Baths
1,565 ft²
$783/ft²
$1,225,000 May 16, 2018
$1,225,000 Nov 2, 2018
$1,597/mo
Condo
Stu
1 Bath
-
$989,000 Sep 6, 2023
-
$1,040/mo
Condo
1 Bed
1 Bath
-
$1,150,000 Nov 10, 2023
-
$1,298/mo
Condo
1 Bed
1 Bath
-
$1,150,000 Oct 18, 2023
-
$1,158/mo
Condo
1 Bed
1 Bath
773 ft²
$1,488/ft²
$1,150,000 Feb 16, 2023
-
$1,276/mo
Condo
1 Bed
1 Bath
-
$1,150,000 Nov 3, 2023
-
$1,698/mo
Condo
1 Bed
1 Bath
774 ft²
$1,453/ft²
$1,125,000 Sep 14, 2023
-
$1,265/mo

About Northern Brooklyn


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Frequently Asked Questions

When was property at 68 Sutton Street built and last sold?
The property at 68 Sutton Street was built in 1937 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 68 Sutton Street is $1,161,500.
What are some comparable homes to 68 Sutton Street?
Homes that are comparable to 68 Sutton Street include a condo property at 282A Nassau Avenue, 150 Richardson Street, 710 Metropolitan Avenue.

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