$3,388,000
↓ $187K (5.2%)
●
Commercial -
For Sale
90 E 18th Street #53
Flatbush, NY 11226
Studio
0 Bath
$19,862
Estimated Monthly
$0
HOA / Fees
-0.69%
Cap Rate
About This Property
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.44
Cap 19 Unit Apartment Building In Brooklyn For Sale!!! The Building
Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6
Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C,
+++!!! The Property Is Located In The Heart Of Brooklyn Just 1
Block 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 Offers HUGE Upside Potential!!! This Could Be Your Next
Development Site Or A Nice Addition To Your Investment Portfolio!!!
Income: Apt. 1A (3 Br., 1 Bath): $38,400 Ann.
(Available) Apt. 1B (2 Br. 1 Bath): $15,996.36 Ann.; Lease
Exp.: 12/31/23. Apt. 1C (2 Br. 1 Bath): $16,512.72 Ann.;
Lease Exp.: 5/31/24. Apt. 1D (2 Br. 1 Bath):
$15,271.44 Ann.; Lease Exp.: 3/31/24. Apt. 2A (1 Br. 1
Bath): $14,223.48 Ann.; Lease Exp.: 12/31/23. Apt. 2B (2 Br.
1 Bath): $15,877.32 Ann.; Lease Exp.: 3/31/25. Apt. 2C (2
Br. 1 Bath): $13,372.72 Ann.; Lease Exp.: 10/31/25. Apt. 2D
(2 Br. 1 Bath): $17,496.24 Ann.; Lease Exp.: 8/31/24. Apt.
2E (1 Br. 1 Bath): $15,069.36 Ann.; Lease Exp.: 3/31/24.
Apt. 3A (2 Br. 1 Bath): $24,972 Ann.; Lease Exp.: 9/30/25.
Apt. 3B (3 Br. 1 Bath): $37,727.52 Ann.; Lease Exp.: 8/31/24.
Apt. 3C (2 Br. 1 Bath): $17,674.32 Ann.; Lease Exp.:
8/31/25. Apt. 3D (2 Br. 1 Bath): $18,054.96 Ann.; Lease
Exp.: 1/31/24. Apt. 3E (1 Br. 1 Bath): $9,181.80 Ann.;
Lease Exp.: 1/31/24. Apt. 4A (1 Br. 1 Bath): $8,503.08 Ann.;
Lease Exp.: 7/31/24. Apt. 4B (3 Br. 1 Bath): $
38,751.24Ann.; Lease Exp.: 8/31/24. Apt. 4C (2 Br. 1
Bath): $17,682 Ann.; Lease Exp.: 4/30/24. Apt. 4F (1
Br. 1 Bath): $32,388 Ann.; Lease Exp.: 12/31/23. Apt. 4G (2
Br. 1 Bath): $35,940 Ann.; Lease Exp.: 7/31/24. Gross
Income: $403,064.56 Ann.
Unit Size
-
Days on Market
224 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$3,226
HOA Dues
-
Year Built
1931
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3505321)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2024 | Price Decreased |
$3,388,000
↓ $187K
(5.2%)
|
|
| Price Decreased | |||
| Nov 30, 2023 | Price Decreased |
$3,575,000
↓ $113K
(3.1%)
|
|
| Price Decreased | |||
| Oct 20, 2023 | Price Increased |
$3,688,000
↑ $100K
(2.8%)
|
|
| Price Increased | |||
| Oct 20, 2023 | Price Decreased |
$3,588,000
↓ $162K
(4.3%)
|
|
| Price Decreased | |||
| Sep 18, 2023 | Listed by All Island Estates Realty Corp | $3,750,000 | |
| Listed by All Island Estates Realty Corp | |||
Show More
Property Highlights
Exterior Details
Property Information
Square Footage : 21000
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.16
Lot Size Square Feet: 7040
Lot Size Dimensions: 80x88
Financial Details
Tax Annual Amount: $38,707
Location Details
Directions: 18th Street & Church Avenue
County or Parish: Brooklyn
Other Details
On Market Date: 2023-09-18
90 E 18th Street #53, Flatbush, NY, 11226
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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
House
6
Beds
5
Baths
3,647 ft²
$903/ft²
$3,295,000
Jul 8, 2022
$3,295,000
Dec 5, 2022
-
House
6
Beds
4
Baths
-
$3,250,000
Jan 26, 2018
$3,250,000
Jun 8, 2018
-
House
6
Beds
4
Baths
4,045 ft²
$791/ft²
$3,200,000
Jul 14, 2022
$3,200,000
Oct 12, 2022
-
House
7
Beds
5
Baths
5,000 ft²
$725/ft²
$3,625,000
Sep 29, 2020
$3,625,000
Apr 16, 2021
-
House
5
Beds
4
Baths
4,800 ft²
$646/ft²
$3,100,000
Jul 14, 2021
$3,100,000
Mar 11, 2022
-
Active
Townhouse
Stu
16
Baths
18,800 ft²
$176/ft²
$3,300,000
Jan 11, 2023
-
$4,078/mo
In Contract
Townhouse
8
Beds
5
Baths
6,216 ft²
$523/ft²
$3,250,000
Sep 18, 2023
-
$1,134/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
90 East 18th Street
90 East 18th Street, Brooklyn, NY 11226
- 20 Units
- 1 Unit for Sale
About Central Brooklyn
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Last Updated: 2 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
