$1,517,541*
●
Multifamily -
Off Market
9623 Avenue M
Brooklyn, NY 11236
Studio
0 Bath
2040 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
1.17%
Since Aug 1, 2023
NY-New York
Primary Model
About This Property
East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to
bottom in November 2019 to January 31 2020 LEGAL 3 family & store!
Fully detached ALL brick building with full finished basement! 5
room apartment (2 bedroom EACH apartment unit) each 3 family! Plus
Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) &
Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft
x 51 ft New roof, siding, boiler & much more! 5 income producing
plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate
6% High traffic area & near all buses –Next to Minutes to Manhattan
express bus, Canarsie pier & more! Start collecting your rent!!
Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE)
Storefront: Beauty Salon $ 2,000.00 a month (March 2025)
1st floor Rear $1,700.00 a month (May 2021)
Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!
The manager has listed the unit size as 2040 square feet.
Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE)
Storefront: Beauty Salon $ 2,000.00 a month (March 2025)
1st floor Rear $1,700.00 a month (May 2021)
Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!
The manager has listed the unit size as 2040 square feet.
Unit Size
2,040Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$735
Property Type
Multifamily
Property Taxes
$633
HOA Dues
-
Year Built
1931
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 18, 2021 | Listed | $1,500,000 | |
| Listed | |||
| Jan 16, 2019 | Sold to Jean Paul Ho | $575,000 | |
| Sold to Jean Paul Ho | |||
Property Highlights
Exterior Details
Exterior Information
Brick
9623 Avenue M
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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
Sold
Commercial
Loft
-
-
$1,632,500
Sep 18, 2019
$1,632,500
Aug 10, 2020
$1,260/mo
Townhouse
5
Beds
4.5
Baths
3,196 ft²
$375/ft²
$1,200,000
Jun 24, 2021
$1,200,000
Jun 15, 2022
-
Sold
Multifamily
11
Beds
6
Baths
-
$1,100,000
Jul 16, 2020
$1,100,000
Mar 17, 2021
$1,083/mo
Sold
Multifamily
7
Beds
4
Baths
-
$1,215,000
Aug 25, 2021
$1,215,000
Jan 20, 2022
$384/mo
Multifamily
6
Beds
5
Baths
-
$1,180,000
Oct 5, 2021
$1,180,000
Mar 11, 2022
$580/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/18/2021
|
|
Loft
|
-
|
2040 ft²
|
$1,500,000
Loft
-
2040 ft²
|
-
-
|
-
|
Jean Paul Ho
Brooklyn Real Property, Inc.
|
|
10/03/2020
|
|
4 Bed
|
5 Bath
|
-
|
$1,500,000
4 Bed
5 Bath
|
-
-
|
-
|
Jean Paul Ho
Brooklyn Real Property, Inc.
|
|
08/27/2018
|
|
5 Bed
|
4 Bath
|
2040 ft²
|
$750,000
5 Bed
4 Bath
2040 ft²
|
$575,000
-23.33%
01/16/2019
|
Jean Paul Ho
|
Building Info
