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1197 Flatbush Avenue, Brooklyn, NY 11226
$1,799,000
1197 Flatbush Avenue, Brooklyn, NY 11226View this property at 1197 Flatbush Avenue, Brooklyn, NY 11226
1197 Flatbush AvenueBrooklynNY11226
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Property Description
Income Producing Mix-Use For Sale! Opportunity is knocking! Call today for your private tour of this centrally located mix-use property. Located in one of Brooklyn's busiest corridors. 1197 Flatbush Ave, offers 2 spacious residential units, and an established storefront located on the first floor. (Total annual rental income $90,600 + tenants pays 50% taxes.) the opportunities are endless and the expenses are limited!
Full Property Details
Full Property Details for 1197 Flatbush Ave
General
- Price: $1,799,000
- Taxes: $10,979
- Status: Active
- Type: Multi-Family
- MLS ID: 3550171
- Updated: 5/8/2024
- Added to Site: 22 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Amenities: Near Public Transportation
Parking
- Parking Features: On Street
Location
- County: Brooklyn
- Township: Brooklyn
- Cross Streets: Tilden Ave
- Driving Directions: Google maps
School Information
- Elem School District: Brooklyn 22
- Midd School District: Brooklyn 22
- High School District: Brooklyn 22
- Elementary School: Ps 207 Elizabeth G Leary
- Middle School: Ps 207 Elizabeth G Leary
- High School: Brooklyn College Academy
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Sewer
- Water: Public
Structural Information
- Architectural Style: Apartment
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Walk-Out Access
- Common Walls: 2+ Common Walls
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,691
- Lot Size Source: Other
- Lot Dimensions: 18.83 x 89.83
- Lot Features: Near Public Transit
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $10,979
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Property ID: 05188-0010
- Block: 5188
- Lot Number: 10
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Schools
Schools serving 1197 Flatbush Ave
School District:New York City Geographic District #22
Rating | Name | Grades | Distance |
---|---|---|---|
1957 Nostrand Ave, Brooklyn, NY 11210 | PK-5 | 0.5 mi | |
72 Veronica Pl, Brooklyn, NY 11226 | 6-8 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1197 Flatbush Ave
Date
Details
Price
Change
Source
5/08/2024
Listed
$1,799,000
278.74%
MLS
8/13/2013
Sold
$475,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1197 Flatbush Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,858
5%
$90,660
78%
2022
$10,358
-70%
$51,000
-68%
2021
$34,456
80%
$161,100
-21%
2020
$19,185
24%
$204,300
6%
2019
$15,424
77%
$192,600
9%
2017
$8,726
—
$175,950
2%
2017
$8,726
54%
$172,350
4%
2016
$5,678
12%
$165,150
539%
2015
$5,051
5%
$25,833
3%
2015
$4,825
13%
$25,185
6%
2013
$4,271
—
$23,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1197 Flatbush Ave
1197 Flatbush Avenue, Brooklyn, NY 11226 (MLS# 3550171) is a Multi-Family property with 3 units containing 5 bedrooms and 2 full bathrooms. 1197 Flatbush Avenue is currently listed for $1,799,000 and was received on May 08, 2024. Want to learn more about 1197 Flatbush Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.