$988,000
Updated 6 years ago
Sold

1166 East New York Ave

Brownsville, Brooklyn | Portal Street & Ralph Ave

19 Rooms7 Beds5 Baths3,280 Square FeetMulti-Family

$988,000
floors / apts2 / 4
Lot Size25'x109'5''
Built Size20'x80'
ZoneR6
Building TypeHouse
RE Taxes$7,451
Price Per SF
$301

This property was sold for $999,999 on 05/20/20.

Outdoor space and views

  • Backyard
  • North Exposure

Property Description for 1166 East New York Ave

Numerous reasons make this multi-family property on the East Flatbush-Brownsville border, a great investment: Legal, four-family house for under $1 million, one block from the subway and Lincoln Terrace’s courts, fields and playgrounds? Keep going… Three 2-bedroom apartments and one 1-bedroom unit plus a full length, finished basement with two of its own separate entrances. Even better!! Shared driveway and large backyard… nice touch!

The asking price reflects the improvements needed to bring each unit to market rentability. Meanwhile, the property comes fully tenanted-- the current rent roll will cover your new mortgage! 1166 East New York Avenue makes sense now, and comes with huge potential and upside in the near future. Inventory and opportunities to own a four-family property are low… here’s your chance to do what others will wish in five years time, that they had done now!

Building Details for 1166 East New York Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/4
Learn More About the Building

Transit and Citi Bike

Subway

Sutter Av-Rutland Rd
0.13 miles

Citi Bike

Rockaway Pkwy & Rutland Rd
0.13 miles
Buffalo Ave & E New York Ave
0.13 miles

Contact Agent

Contact Agent

Natalie Richards
Keller Williams Realty Empire
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: 69657TH