$1,800,000
$1,850,000 2.7%
Est. payment /mo
Sold on 09/09/2025
814 44 ST Brooklyn, NY 11220
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6295774
Sold Date 09/09/25
HOA Y/N No
Rental Info No
Year Built 1931
Annual Tax Amount $22,703
Property Sub-Type Multi Family
Source onekey2
Property Description
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,996 (updated 12/24). N.O I. = $114,479. CAP RATE = 6.2%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full, Walk-Out Access
Interior
Heating Natural Gas, Radiant
Cooling None, Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Fence Fenced
Utilities Available Trash Collection Public
Building
Lot Description Near School, Near Shops, Near Public Transit, Level
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn
School District Brooklyn
Others
Special Listing Condition None
Listed by Keller Williams Realty NYC Grp • Gregory Tsougranis
Bought with Non-Member MLS
Bought with Non-Member MLS
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