$1,325,000
Updated 7 years ago
Sold

835 Willoughby Ave

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

Multi-Family

$1,325,000
floors / apts3 / 3
Lot Size35'x65'
Built Size22'x50'
ZoneR6B
Building TypeHouse
RE Taxes$5,092

This property was sold for $1,325,000 on 03/10/17.

Outdoor space and views

  • Balcony

Building Amenities

  • Garage

Property Description for 835 Willoughby Ave

835 Willoughby Ave, Brooklyn NY 11206
Description: C of O - 2 Family + Offie; Legal Garage with Curb Cut
Lot Dimensions: 35' x 65'
Lot Sq. Ft: 2275 Sq. Ft
Building Dimensions: 22' x 50x
Far: 2
Zoning: R6B
Taxes: $5,092
Assessment: $26,037

UNIT 1:
4 Bedroom, 2 Bath (1 Ensuite) currently providing rent of $1,800/month. Additional upside upon renovation.
UNIT 2:
4 Bedroom, 2 Bath (1 Ensuite) currently providing rent of $1,800/month. Additional upside upon renovation.
UNIT 3:
3 Bedroom, 2 Bath + Balcony. currently providing rent of $1,900/month. Additional upside upon renovation.


MONTHLY RENT ROLL: $5,500
ANNUAL OPERATING INCOME: $66,000
ANNUAL TAXES: $5092
INSURANCE: $3000
NET OPERATING INCOME: $57,907

Building Details for 835 Willoughby Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle Av
0.11 miles
Kosciuszko St
0.36 miles
Central Av
0.42 miles
Flushing Av
0.45 miles

Citi Bike

Stuyvesant Ave & Hart St
0.08 miles
Melrose St & Broadway
0.13 miles

Contact Agent

Contact Agent

Christina Gomez
Keller Williams NYC

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 65572TH