1006 Caton Avenue

Caton Park

$3,699,999
Price
17
Beds
14
Baths
12,520 Sq. Ft.
$296 / Sq. Ft.
12,520
Sq. Ft.
$296
per Sq. Ft.

Description

Attention Investors: This presents an exceptional opportunity to acquire a 14-unit apartment building situated in the highly sought-after Prospect Park South neighborhood. This four-story structure comprises 2 studio apartments, 7 one-bedroom apartments, and 5 two-bedroom apartments. The building is well-maintained and offers the potential for several units to be delivered vacant. 1-unit free market rent with the rest being rent stabilized. The property is conveniently located directly across from...Attention Investors: This presents an exceptional opportunity to acquire a 14-unit apartment building situated in the highly sought-after Prospect Park South neighborhood. This four-story structure comprises 2 studio apartments, 7 one-bedroom apartments, and 5 two-bedroom apartments. The building is well-maintained and offers the potential for several units to be delivered vacant. 1-unit free market rent with the rest being rent stabilized. The property is conveniently located directly across from Prospect Park and just a few minutes from the B and Q train station at Church Avenue. Rent roll upon request!

Amenities

  • Walk Up
  • Air Conditioning
  • Voice Intercom
  • Tudor
  • Corner Lot
  • Parking Included
  • Lowrise
LISTING UPDATED: 11/21/2024 11:10 AM

Property Details for 1006 Caton Avenue

StatusActive
MLS ID487569
Days on MarketListed Today
Taxes$42,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1931
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

1006 Caton Ave

14 Units4 StoriesBuilt in 1931

Building Information for 1006 Caton Avenue

Stories4Residences14Year Built1931Building Size20' x 95'Building Sq. Ft7,600 SFLot Size2,000 SF / 20' x 100'Building AgePre-warBuilding TypeLowrise

Property Information for 1006 Caton Avenue

Summary
Location and General Information
  • Block: 5071
  • Cross Street Name: Ft.Hamilton Parkway
  • Zoning: R6B
  • Roof: Flat
  • Residential Features: Refrigerator, Stove, Other
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 42000.0
  • Gross Expense: 97500.0
  • Gross Income: $287,440.00
  • Cap Rate: .05%
Property
Lot Information
  • Lot Dimensions: 2000
  • Sq Ft Total: 12520
  • Yard: Other
  • Lot Number: 1
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Other
  • Utility Expense: 750.0
  • Fuel Expense: 32500.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Baths Three Quarter: 0.0
  • Foundation Details: Block, Poured Concrete
  • Flooring: Carpeting, Hardwood, Tile, Other
  • Unit Count: 14
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1900.0
  • Building Length: 95.0
  • Building Type: Detached
  • Building Width: 20.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2400.0
  • Unit Floor: 1
  • Unit Rooms Total: 3
  • Unit Status: Unknown
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 861.0
  • Unit Floor: 1
  • Unit Rooms Total: 2
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1496.0
  • Unit Floor: 1
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2353.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2613.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1899.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2179.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 2 Bedrooms
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 0
  • Unit Category: Apt
  • Unit Current Rent: 1575.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: Studio
Unit 9
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1289.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 10
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1327.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 11
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2139.0
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 2 Bedrooms
Unit 12
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 0
  • Unit Category: Apt
  • Unit Current Rent: 1520.0
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: Studio
Unit 13
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1040.0
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Unit 14
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1259.0
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Unknown
  • Unit Unit Type: 1 Bedroom
Agent
Agent Information
  • Net Operating Income: 189900.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 12000.0
  • Owner Occupied: No

Property History for 1006 Caton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1006 Caton Avenue

This home is within Nyc Geog District #17 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 249 The Caton
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1006 Caton Avenue is a townhouse for sale in Caton Park. This property was listed for sale on November 21, 2024 by ProBase Real Estate, it's currently listed at $3,699,999. This listing's school district is Nyc Geog District #17 - Brooklyn. Nearby schools include P.S. 249 The Caton, Acad for College Prep & Career Exploration: A College Board School and Science Tech And Research High School At Erasmus. 1006 Caton Avenue is a 17-bed, 14-bath, 12,520 sqft townhouse built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ProBase Real Estate

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