1926 83rd Street

Van Pelt Manor

$1,878,000
Price
Beds
12
Baths
17,748 Sq. Ft.
$106 / Sq. Ft.
17,748
Sq. Ft.
$106
per Sq. Ft.

Description

Welcome to an enticing investment prospect featuring meticulously maintained 12 family fully occupied house nestled in a prime location. This rare offering presents a golden chance to capitalize on a thriving real estate market and secure a lucrative portfolio. Situated in a highly desirable area, this property benefits from its strategic location, offering convenience and access to various amenities such as schools, fitness centers, 86th famous shopping street, parks, and transportation hubs. With...Welcome to an enticing investment prospect featuring meticulously maintained 12 family fully occupied house nestled in a prime location. This rare offering presents a golden chance to capitalize on a thriving real estate market and secure a lucrative portfolio. Situated in a highly desirable area, this property benefits from its strategic location, offering convenience and access to various amenities such as schools, fitness centers, 86th famous shopping street, parks, and transportation hubs. With multiple units, this property provides diverse revenue streams, making it an attractive investment option for those seeking stable returns. Carefully tended to by attentive management, this property boasts immaculate upkeep, ensuring tenant satisfaction and minimizing maintenance costs.
  1. Listed by Vladimir Levitan • RE/MAX Edge

Amenities

  • Walk Up
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 11/12/2024 02:37 PM

Property Details for 1926 83rd Street

StatusActive
MLS ID481175
Days on Market254
Taxes$51,184 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeResidential
Year Built1929
Lot Size4,000 SF / 40' x 100'
CountyKings County

Building

1926 83rd St

12 Units4 StoriesBuilt in 1929

Building Information for 1926 83rd Street

Stories4Residences12Year Built1929Building Size33' x 89'Building Sq. Ft11,748 SFLot Size4,000 SF / 40' x 100'Building Age-Building Type-

Property Information for 1926 83rd Street

Summary
Location and General Information
  • Block: 6328
  • Cross Street Name: 19th Ave
  • Cross Street Name: 20th Ave
  • Zoning: R5
  • Roof: Flat, Rubber
  • Residential Features: A/C Unit - Window
  • Number Of Vacant Units: 0
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 51184.0
  • Gross Expense: 28379.0
  • Gross Income: $190,068.00
  • Cap Rate: .06%
Property
Lot Information
  • Sq Ft Total: 17748
  • Yard: Back
  • Lot Number: 17
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 40
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
  • Utility Expense: 1190.0
  • Fuel Expense: 14960.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Baths Three Quarter: 0.0
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 12
  • Building Amenities: NONE
  • Number Of Available Units: 0
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 2937.0
  • Building Length: 89.0
  • Building Type: Detached
  • Building Width: 33.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 0
  • Unit Category: Apt
  • Unit Current Rent: 1071.0
  • Unit Floor: A1
  • Unit Rooms Total: 2
  • Unit Status: Leased
  • Unit Unit Type: Studio
Unit 2
  • 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: 1258.0
  • Unit Floor: A2
  • Unit Rooms Total: 4
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • 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: 985.0
  • Unit Floor: A3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • 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: 1186.0
  • Unit Floor: B1
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
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: 1050.0
  • Unit Floor: B2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • 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: 4
  • Unit Category: Apt
  • Unit Current Rent: 1390.0
  • Unit Floor: B3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 7
  • 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: 1085.0
  • Unit Floor: C1
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 8
  • 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: 2100.0
  • Unit Floor: C2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 9
  • 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: 1062.0
  • Unit Floor: C3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
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: 1390.0
  • Unit Floor: D1
  • Unit Rooms Total: true
  • Unit Status: Leased
  • 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: 1062.0
  • Unit Floor: D2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • 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: 2
  • Unit Category: Apt
  • Unit Current Rent: 2200.0
  • Unit Floor: D3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 110505.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 8304.0
  • Owner Occupied: No

Property History for 1926 83rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1926 83rd Street

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 128 Bensonhurst
PublicK to 5

Is 281 Joseph B Cavallaro
Public6 to 8

New Utrecht High School
Public9 to 12

Brooklyn Studio Secondary School
Public6 to 12

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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Similar Sold Homes

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1926 83rd Street is a multi-family home for sale in Van Pelt Manor. This property was listed for sale on April 11, 2024 by RE/MAX Edge, it's currently listed at $1,878,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 128 Bensonhurst, Is 281 Joseph B Cavallaro and New Utrecht High School. 1926 83rd Street is a 0-bed, 12-bath, 17,748 sqft multi-family home built in 1929.

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Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.