Check Availability
$2,499,988
House - For Sale

747 Flushing Avenue

East Williamsburg, NY 11206
bedrooms
Studio
bathrooms
0 Bath
$12,276
Estimated Monthly
$0
HOA / Fees

About This Property

MIXED-USE BUILDING FOR SALE IN PRIME EAST WILLIAMSBURG LOCATION, BROOKLYN A DYNAMIC INVESTMENT IN A THRIVING NEIGHBORHOOD Unlock the potential of this mixed-use building located in the heart of East Williamsburg, Brooklyn. Offering a blend of residential and commercial spaces, this property presents an exceptional opportunity for investors seeking both stability and growth.  FEATURES: Two spacious 3-bedroom apartments with versatile box rooms. Favorable low taxes for efficient financial management. Conveniently situated just half a block from the J, M train, facilitating easy transportation access Flushing Avenue Station. B43, B57 Buses. Woodhull Hospital.  Commercial space leased as a restaurant with a secure 5-year lease in place747 Flushing Ave. East Williamsburg, Brooklyn. TAXES - $4,317 BUILDING: 3,843 Sq. Ft. w/ an allowance to build an additional 1,838 Sq. Ft.  TENANTS: RESTAURANT 1,267 Sq. Ft. - Rent: $5,000. Lease: 5 years 2nd FL TENANT (NO LEASE) - 1,286 Sq. Ft. 3 Bedroom / 1 Bath Rent: $2,000. MARKET RENTS: $5,100 3rd FL TENANT (NO LEASE) - 1,286 Sq. Ft. 3 Bedroom / 1 Bath Rent: $2,200. MARKET RENTS: $5,100 *All tenants pay their own utilities. Heat, gas, and electric. NOI with MARKET RENTS (Pro-Forma) $167,482 ; Cap Rate 6.7%
Unit Size
-
Days on Market
57 days
Land Size
0.04 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1931
Listed By
Hans Campana
One Stop Multi Service Inc
Last updated: 13 days ago (OneKey MLS #ONE3535788)

Price History

Date / Event Date Event Price
Mar 5, 2024 Listed by One Stop Multi Service Inc $2,499,988
Listed by One Stop Multi Service Inc
Nov 30, 2023 Sold $100,000
Sold
Oct 14, 2023 Listed by One Stop Multi Service Inc $100,000
Listed by One Stop Multi Service Inc
May 8, 2023 Sold $45,000
Sold
Apr 15, 2023 Price Decreased $69,900
↓ $10K (12.6%)
Price Decreased
Show More

Property Highlights

Garage
Exterior Details

Property Information

Square Footage : 3840
Property Type: Business Opportunity
Property Sub Type: Mixed Use

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.04
Lot Size Square Feet: 1776
Lot Size Dimensions: 21.33x83.25
Location Details
Directions: Google Map
County or Parish: Brooklyn

Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 2
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,671
  • Lot Size Depth Feet: 83
  • Lot Size Frontage Feet: 21
  • Building Depth: 60
  • Building Frontage: 21
  • Gross Building Area: 3,840

    Building Floor Area

  • Residential Building Floor Area: 2,573
  • Commercial Building Floor Area: 1,267
  • Retail Building Floor Area: 1,267

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Commercial Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: S1
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y
  • Extension Code: N

Neighborhood

  • Community District: 301
  • City Council District: 33
  • Police Precinct: 90
  • Fire Company: E230
  • Health Area: 1500
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4B
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C4-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 2276
  • Lot: 35
  • Borough Block Lot: 3022760035

    Address

  • Full Address: 747 Flushing Avenue
  • Zip Code: 11206

Valuation

    Assessments Valuation

  • Assessed Total Value: $68,760
  • Assessed Land Value: $7,740

    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
-
-
$2,400,000 Apr 23, 2017
$2,400,000 Dec 7, 2017
-
Townhouse
Stu
-
-
$2,280,000 Sep 13, 2016
$2,280,000 May 8, 2017
-
Townhouse
Stu
-
-
$2,200,000 Jan 10, 2017
$2,200,000 Aug 17, 2017
-
Townhouse
Stu
-
-
$2,150,000 May 1, 2019
$2,150,000 Nov 8, 2019
-
Townhouse
Stu
-
-
$2,125,000 Nov 11, 2022
$2,125,000 Jun 14, 2023
$1/mo
Townhouse
Stu
-
-
$2,100,000 Oct 19, 2014
$2,100,000 Mar 9, 2015
-
House
Stu
-
-
$2,790,000 Oct 19, 2023
-
-
House
Stu
-
-
$2,900,000 Aug 28, 2023
-
-
Townhouse
Stu
-
3,024 ft²
$827/ft²
$2,500,000 Sep 11, 2023
-
$249/mo
House
6 Beds
3 Baths
-
$2,395,000 Feb 5, 2024
-
$455/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,367/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,124/mo

About Northern Brooklyn


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Frequently Asked Questions

When was property at 747 Flushing Avenue built and last sold?
The property at 747 Flushing Avenue 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 747 Flushing Avenue is $2,524,988.
What are some comparable homes to 747 Flushing Avenue?
Homes that are comparable to 747 Flushing Avenue include a house property at 66 Moore Street, a townhouse property at 250 Vernon Avenue, a house property at 119 Powers Street.

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