8% + cap rate. Welcome to this Extra large brick, 6 Family building in prime sunset park location !PROJ CAP RATE 7.8%. This property sits on a 30x100 lot with a building sizeis 30ft wide x 63 ft deep . (6) 3 Bedroom/ 1 Bathroom units . Full high celling finished basement with saperate entrance. Seller maintained the building throughout the years so low maintenance for new buyers. New gas boiler, new commercial hot water heater, new roof with 15 year guarantee. new chimney. rear building sealed with Thoroseal. Common hallway renovated and new emergency lighting installed. New hardwired carbon monoxide and smoke detectors. new fire extinguishers throughout common hall. New boiler has smart remote control and boiler monitoring system. New high tech remote monitoring security camera system with a 6 MONTH DVR. rear fire escape in excellent condition. New concrecte aire gate area. conveniently compete those errands in a fraction of the time with the abundance of stores, shops, restaurants & Industria city !just minutes away from multiple [R & N] subway stations and bus stations.an easy commute to NYC.
Property Details
Property Features
Property Information:
Stories: 4
Living Area: 5,670 SqFt
Listing Office:
Office Name: RE/MAX Edge
Interior Features
Interior Information:
Appliances: Other
Basement: Yes
Flooring Type: Other
Fireplace: Other
Bedroom and Bathroom Information:
Full Bathrooms: 7
Total Bedroom Count: 18
Exterior Features
Exterior Information:
Exterior: Other
Parking Information:
Parking: Other, Other
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $1,599,999
Price Per SqFt: $282/SqFt
Tax Information:
Annual Amount: $12,365
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $615.5K more than the Median Sold Price and $415/SqFt less than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #487343
Listing Office:
Office Name: RE/MAX Edge
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/16/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$12,365
$253,800
2019
$12,365
$253,800
2018
$10,473
$88,905
2017
$9,831
$82,343
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
P.S. 503: The School Of Discovery
330 59th St
Distance between this listing and this school0.32 miles
Public District Grades KG-5
5
/10
P.S. 506: The School Of Journalism Technology
330 59th St
Distance between this listing and this school0.32 miles
Public District Grades KG-5
4
/10
P.S. 1 Bergen School
309 47th St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
Nearby Schools
7
/10
PS 936
270 59th St # 90
Distance between this listing and this school0.29 miles
Public District Grades 6-6
5
/10
Sunset Park Preparatory
4004 4th Ave
Distance between this listing and this school0.66 miles
Public District Grades 6-8
2
/10
Intermediate School 136 Charles O Dewey
4004 4th Ave
Distance between this listing and this school0.66 miles
Public District Grades 6-8
Nearby Schools
5
/10
High School of Telecommunications Arts and Technology
350 67th St
Distance between this listing and this school0.74 miles
Public District Grades 9-12
4
/10
Sunset Park High School
153 35th St
Distance between this listing and this school0.93 miles
Public District Grades 9-12
4
/10
West Brooklyn Community High School
1053 41st St
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $60,054. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 250 53rd St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. Features: 18 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $1,599,999.
While more than 50 listings in Brooklyn, NY in October 2024 were sold above asking price, there were more than 217 listings sold at asking price, and more than 169 were sold below. The number of homes for sale in Brooklyn, NY increased by 0.1% between September 2024 and October 2024. Listings spent 97 days on the market in October 2024, and had a median list price of $984,431 during the same period.
From Rocket Homes Real Estate and based on county public records data.