392 Flagg Place

Todt Hill

$1,999,000
Price
16
Beds
8
Baths
5,120 Sq. Ft.
$390 / Sq. Ft.
5,120
Sq. Ft.
$390
per Sq. Ft.

Description

Investment Opportunity -? Own a brick 8-unit rent-stabilized building in a private development located in the heart of Todt Hill. This property offers designated parking for each apartment and consists exclusively of spacious 2-bedroom units. Tenants cover their own cooking gas and electric, while the landlord provides oil heating and hot water. Rear-facing apartments boast breathtaking panoramic views of the NYC skyline, adding to the building's appeal.Investment Opportunity -? Own a brick 8-unit rent-stabilized building in a private development located in the heart of Todt Hill. This property offers designated parking for each apartment and consists exclusively of spacious 2-bedroom units. Tenants cover their own cooking gas and electric, while the landlord provides oil heating and hot water. Rear-facing apartments boast breathtaking panoramic views of the NYC skyline, adding to the building's appeal.
  1. Listed by Salvatore Taormina • Revolution Realty Group
    P: (718)-938-0662 C: (718)-938-0662 saltaormina007@gmail.com
  2. Listed by Shovkat Mamedov • Realzon Real Estate
    P: (917)-291-7891 C: (917)-291-7891 info@RealZonRealestate.com

Property Details for 392 Flagg Place

Parking
Assigned
Area Name
Todt Hill
Zoning
R1-2
LISTING UPDATED: 11/24/2024 09:28 AM

Property Details for 392 Flagg Place

StatusActive
MLS ID2406415
Days on Market36
Taxes$40,518 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti-Family
MLS TypeMultiFamily
Year Built1950
Lot Size22,000 SF / 76' x 55'
CountyRichmond County

Building

392 Flagg Pl

8 Units2 StoriesBuilt in 1950

Building Information for 392 Flagg Place

Stories2Residences8Year Built1950Lot Size22,000 SF / 76' x 55'Building Age-Building Type-

Property Information for 392 Flagg Place

Summary
Location and General Information
  • Absolute Longitude: -74
  • Directions: Follow GFPS
  • Section: Mid-Island
Parking
  • Garage Location: None
  • Garage Capacity: 0.0
Taxes and HOA Information
  • Tax Abated: No
Virtual Tour
Property
Lot Information
  • Block: 00897
  • Lot: 82
  • Lot Dim: 190X130
  • Parcel ID: 00897-82
Property and Assessments
  • CofO: Yes
  • Condition: Good
  • Irregular: Yes
  • Year Built Description: Approx
  • Year Built Info: Approx
Utilities
  • Cooling: No
  • Electric: 110
  • Electric Meters: Individual
  • Gas Meters: Individual
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Air Conditioner: None
  • Basement Desc: Finished
  • Basement Type: Full
  • Full Baths: 8
  • Heat Source: Oil
  • Heat System: Steam
  • Total Baths: 8.00
Exterior Features
  • Siding: Brick
Multi Family
Multi-Family Information
  • Income & Expenses: Gross Income: $162,714.00
  • Income & Expenses: Net Income: $83,312.00
  • Income & Expenses: Total Expense: $79,401.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 2
  • Unit 1: # Rooms: 4
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $1,472.43
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Rooms: 4
  • Unit 2: Level: 1
  • Unit 2: Rent/Month: $1,387.44
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Rooms: 4
  • Unit 3: Level: 1
  • Unit 3: Rent/Month: $1,557.16
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 2
  • Unit 4: # Rooms: 4
  • Unit 4: Level: 2
  • Unit 4: Rent/Month: $1,967.13
Unit 5
  • Unit 5: # Baths: 1
  • Unit 5: # Bedrooms: 2
  • Unit 5: # Rooms: 4
  • Unit 5: Level: 2
  • Unit 5: Rent/Month: $1,000.00
Unit 6
  • Unit 6: # Baths: 1
  • Unit 6: # Bedrooms: 2
  • Unit 6: # Rooms: 4
  • Unit 6: Level: 2
  • Unit 6: Rent/Month: $2,300.00
Unit 7
  • Unit 7: # Baths: 1
  • Unit 7: # Bedrooms: 2
  • Unit 7: # Rooms: 4
  • Unit 7: Level: 0
  • Unit 7: Rent/Month: $2,575.00
Unit 8
  • Unit 8: # Baths: 1
  • Unit 8: # Bedrooms: 2
  • Unit 8: # Rooms: 4
  • Unit 8: Level: 0
  • Unit 8: Rent/Month: $1,300.00

Property History for 392 Flagg Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 392 Flagg Place

Taxable ValueLand$12,600Additions$341,100Total$353,700
Home Facts
Total Finished SqFt5,120 SqFtLot Size22,000 SqFtYear Built1950ZoningR1-2APN5008970082

Schools near 392 Flagg Place

This home is within New York City Geographic District #31.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 11 Thomas Dongan School
PublicPK to 5

Is 2 George L Egbert
Public6 to 8

New Dorp High School
Public9 to 12

Staten Island Technical High School
Public9 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.

Neighborhood Map and Transit

Similar Homes

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392 Flagg Place is for sale in Todt Hill. This property was listed for sale on November 19, 2024 by Revolution Realty Group, it's currently listed at $1,999,000. This listing's school district is New York City Geographic District #31. Nearby schools include P.S. 11 Thomas Dongan School, Is 2 George L Egbert and New Dorp High School. 392 Flagg Place is a 16-bed, 8-bath, 5,120 sqft built in 1950.

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 Revolution Realty Group; Realzon Real Estate

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.