497 Albany Avenue, East Flatbush, NY 11203 - Photo 1

1/1

$1,875,000

Sold
Closed
Commercial

1/1

Property Description

Unique and massive investment opportunity to own this 6 units mixed use property consisting of 2-2 bedroom/1 bathroom residential units and 4 commercial units. This property runs the expanse of more than half of the block starting with the corner commercial unit. The unit addresses are 497, 501, 503 and 505. Property address is also 642 Lefferts Ave. Property is under one tax lot code! As an additional perk, this commercial property also features one parking space. The mixed use property will bring a great return on investment.

Full Property Details

Full Property Details for 497 Albany Ave

General

Sold For: $1,875,000
Taxes: $6,000
Status: Closed
Type: Commercial
Source: Long_Island
MLS ID: L3482697
Added to Site: 959 day(s) ago

Business

Business Type: Mixed

Location

County: Brooklyn
Township: Brooklyn
Cross Streets: Lefferts Ave.
Driving Directions: GPS or Waze

Heating & Cooling

Heating Type: Natural Gas, Hot Water

Utilities

Sewer: Public Sewer

Structural Information

Detached/Attached: Detached
Square Feet: 3,408
Sq. Ft. Source: Field Measured
Current Bldg. Use: Food Service, Mixed Use, Other, Residential
Year Built: 1930

Lot Features

Lot Dimensions: 103.5 x 20.5
Zoning: R6

Financial Considerations

Tax Amount: $6,000

Disclosures and Reports

Property ID: 01428-0006
Block: 1428
Lot Number: 6

Listed by Keller Williams Legendary
Sold by Non-Member

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— 497 Albany Ave —

Keller Williams Legendary

347-393-5374

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Schools

Schools serving 497 Albany Ave

School District:New York City Geographic School District 17

Name	Grades	Distance
Ps 91 The Albany Avenue School 532 Albany Avenue, Brooklyn, NY 11203	K-5	0.1 mi
New Heights Middle School 790 East New York Avenue, Brooklyn, NY 11203	6-8	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 497 Albany Ave

Date

Details

Price

Change

Source

1/25/2024

Sold

$1,875,000

-33.04%

MLS

6/04/2023

Listed

$2,800,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

497 Albany Avenue, East Flatbush, NY 11203 (MLS# L3482697) is a Commercial property that was sold at $1,875,000 on January 25, 2024. Want to learn more about 497 Albany Avenue? Do you have questions about finding other Commercial real estate for sale in East Flatbush? You can browse all East Flatbush real estate or contact a Coldwell Banker agent to request more information.

497 Albany Ave East Flatbush, NY 11203