1 month on rocket

824 Dekalb Ave, Bedford-Stuyvesant, NY, 11221

$2,495,000

Home List Price

$10,000*

Closing Credit

13 Bedrooms
4 Full Baths, 4 Partial
Multi

Location

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824 Dekalb Ave, New York$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingElectric, Natural Gas
CoolingWall Unit(s)
BasementYes
MLS #3585613
Lot Size0.04 Acres
StatusActive
(A)

About 824 Dekalb Ave

Turnkey 4-Family in Bedford-Stuyvesant - 5.8% Cap Rate This turnkey, income-producing 4-family property in Bedford-Stuyvesant presents a great investment opportunity with a strong 5.8% cap rate and immediate cash flow. The fully leased building comprises a spacious 4-bedroom, 2-bath duplex, and three well-appointed 3-bedroom, 2-bath units. Great Tenants: ? Reliable tenants that have consistently paid on time for the past two years with no complaints or issues. All units rented with leases extending through 2025, ensuring stable cash flow. ? Unit Breakdown: o One spacious 4-bedroom, 2-bath duplex with a finished basement. o Three generously sized 3-bedroom, 2-bath units. Each unit has its own meter and hot water heater, and tenants are responsible for their own utility bills. ? High-Quality Interiors: Large bedrooms with ample closet space and excellent natural light. Modern kitchens with stainless steel appliances, including gas stoves and dishwashers. o Hardwood floors and high ceilings throughout. o Video intercom system for added security. ? Additional Features: o Duplex unit includes access to a private backyard garden, providing additional outdoor space. o Shared rooftop. o Virtual doorman system for added convenience and security. ? Amenities: One unit equipped with an in-unit washer and dryer; other units can be upgraded to include this feature. ? Size and Layout: o 14 bedrooms and 8 bathrooms across 3,825 sq. ft. Contact Information: For a full setup and additional details, please reach out today.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1931

Listing Office:

  • Office Name: Oxford Property Group USA
  • Office Phone: (212) 300-6412

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedroom Count: 13

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

824 Dekalb Ave vs New York

30 DAYS ON ROCKET

-54 Days

$2,495,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3585613

Listing Office:

  • Office Name: Oxford Property Group USA
  • Office Phone: (212) 300-6412

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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: 11/15/2024, 10:56:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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.

Nearby Schools

school-card-donut-114470
3
/10

  • P.S. 25 Eubie Blake School

  • 787 Lafayette Ave

  • 0.14 miles

  • Public Magnet Grades KG-5

school-card-donut-114471
2
/10

  • Brighter Choice Community School

  • 280 Hart St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-114472
6
/10

  • Brooklyn Charter School (The)

  • 545 Willoughby Ave

  • 0.28 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,359. Residents of New York, NY typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›New York›11221›824 Dekalb Ave

This home is located at 824 Dekalb Ave in Bedford-Stuyvesant, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This home, which was built in 1931, sits on a 0.04 acre lot. Features: 13 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $2,495,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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