2363 81st Street

Gravesend

$1,550,000
Price
12
Beds
6
Baths
5,670 Sq. Ft.
$273 / Sq. Ft.
5,670
Sq. Ft.
$273
per Sq. Ft.

Description

Prime Investment Opportunity: Well-Maintained 6-Family Property! This building measures extra wide at 25' and 70' in length, boasting 6 two-bedroom apartments, a prime location, and excellent potential for steady returns. Five of the units, along with the building's water heater and boiler, were updated just a few years ago, with the other unit comes with an updated bathroom, all reducing maintenance concerns for the new owner. The building features a finished basement with separate entrances. One...Prime Investment Opportunity: Well-Maintained 6-Family Property! This building measures extra wide at 25' and 70' in length, boasting 6 two-bedroom apartments, a prime location, and excellent potential for steady returns. Five of the units, along with the building's water heater and boiler, were updated just a few years ago, with the other unit comes with an updated bathroom, all reducing maintenance concerns for the new owner. The building features a finished basement with separate entrances. One apartment can be delivered vacant, presenting an enticing opportunity for owner-occupied investors or those seeking a straightforward investment. Flexible showings are available; simply schedule appointments 24 hours in advance to explore this promising investment gem. (Annual property tax $18,293, gross annual rental income $110,356)

Amenities

  • Common Garden
  • Common Outdoor Space
  • Walk Up
  • Window AC can be Installed
  • Air Conditioning
  • Voice Intercom
  • Basement
  • Hot Water Heating

Location

Listing Courtesy of Momentum Real Estate LLC
Add your commute
LISTING UPDATED: 05/09/2024 10:12 AM

Property Details for 2363 81st Street

StatusActive
MLS ID481885
Days on Market13
Taxes$18,293 / year
Maintenance-
Min. Down Pymt-
Total Rooms24.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1923
Lot Size2,500 SF
CountyKings County

Location

Listing Courtesy of Momentum Real Estate LLC
Add your commute

Building Information for 2363 81st Street

Stories3Residences-Year Built1923Building Size-Lot Size2,500 SFBuilding Age-Building Type-

Payment Calculator

$9,983 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,524

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2363 81st Street

Summary
Location and General Information
  • Block: 6848
  • Cross Street Name: 23rd Avenue
  • Cross Street Name: 24th Avenue
  • Zoning: R5
  • Roof: Flat
  • Residential Features: A/C Unit - Window
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 18293.0
  • Gross Expense: 33170.0
  • Gross Income: $110,356.00
  • Cap Rate: .05%
Property
Lot Information
  • Sq Ft Total: 5670
  • Yard: Back
  • Lot Number: 43
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 25
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 643.0
  • Fuel Expense: 5267.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished
  • Baths Three Quarter: 1.0
  • Foundation Details: Stone
  • Flooring: Hardwood, Laminate, Tile
  • Unit Count: 6
  • 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: 1750.0
  • Building Length: 70.0
  • Building Type: Attached
  • Building Width: 25.0
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: 1648.0
  • Unit Floor: 1F
  • Unit Rooms Total: 4
  • Unit Status: Leased
  • 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: 2
  • Unit Category: Apt
  • Unit Current Rent: 1598.36
  • Unit Floor: 1R
  • Unit Rooms Total: 4
  • Unit Status: Month-to-Month
  • 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: 1599.71
  • Unit Floor: 2F
  • 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: 2
  • Unit Category: Apt
  • Unit Current Rent: 1011.68
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • 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: 1746.75
  • Unit Floor: 3F
  • 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: 2
  • Unit Category: Apt
  • Unit Current Rent: 1591.83
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 77185.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 6376.0
  • Owner Occupied: No

Property History for 2363 81st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2363 81st Street

Taxable ValueLand-Additions-Total-
Home Facts
APN3068480043

Schools near 2363 81st Street

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 97 The Highlawn
PublicK to 5

I.S. 96 Seth Low
Public6 to 8

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.

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2363 81st Street is a townhouse for sale in Gravesend. This property was listed for sale on May 7, 2024 by Momentum Real Estate LLC, it's currently listed at $1,550,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 97 The Highlawn, I.S. 96 Seth Low and Brooklyn Studio Secondary School. 2363 81st Street is a 12-bed, 6-bath, 5,670 sqft townhouse built in 1923.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Momentum Real Estate LLC

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.