741 Pennsylvania Avenue, East New York, NY 11207 - Photo 1

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$1,590,000

For Sale
Active
Multi-Family
12 Total Beds

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Property Description

Welcome to 741 Pennsylvania Ave, a lucrative investment opportunity in the heart of the bustling city. This impressive 6-unit building boasts a total of 12 spacious bedrooms, offering ample space for tenants to live comfortably. With a total gross yearly income of $156,000 and a net income of $130,000, this property provides a solid return on investment. The well-maintained building is ideally located in a desirable neighborhood, close to amenities and public transportation, making it attractive to potential tenants.

Full Property Details

Full Property Details for 741 Pennsylvania Ave

General

Price: $1,590,000
Taxes: $15,688
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 3559651
Updated: 8/6/2024
Added to Site: 165 day(s) ago

Interior

Number of Rooms: 20

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Parking

Parking Features: None

Location

County: Brooklyn
Township: Brooklyn
Cross Streets: Hegeman Ave
Driving Directions: GOOGLE MAPS

School Information

Elem School District: Brooklyn 19
Midd School District: Brooklyn 19
High School District: Brooklyn 19
Middle School: School Of The Future Brooklyn
High School: Perf Arts & Tech High School

Heating & Cooling

Air Conditioning: Yes
Heating Type: Other
Water Heater: See Remarks

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Other
Detached/Attached: Attached
Construction: Other
Basement: Yes
Basement Desc.: See Remarks
Common Walls: 1 Common Wall
Year Built: 1930

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 2,850
Lot Size Source: Other
Lot Dimensions: 30 x 95

Financial Considerations

Tax Amount: $15,688

Disclosures and Reports

Property ID: 04323-0052
Block: 4323
Lot Number: 52

Listed by 5 Boro Realty Corp

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— 741 Pennsylvania Ave —

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855-305-3325

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Schools

Schools serving 741 Pennsylvania Ave

School District:New York City Geographic District #19

Rating	Name	Grades	Distance
	P.S. 213 New Lots 580 Hegeman Ave, Brooklyn, NY 11207	PK-5	0.1 mi
	Van Siclen Community Middle School 800 Van Siclen Ave, Brooklyn, NY 11207	6-8	0.3 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 741 Pennsylvania Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/17/2024

Listed

$1,590,000

87.06%

MLS

5/15/2019

Sold

$850,000

—

Public Record

Get Price Alerts and Save Property

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 741 Pennsylvania Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$15,688

1%

$220,500

7%

2023

$15,547

10%

$207,000

-3%

2022

$14,132

8%

$214,200

8%

2021

$13,085

1%

$198,450

-9%

2020

$13,003

8%

$217,800

20%

2019

$12,040

—

$181,440

90%

2018

$12,065

7%

$95,661

8%

2017

$11,271

7%

$88,615

8%

2016

$10,578

2%

$82,053

2%

2015

$10,331

8%

$80,190

8%

2015

$9,545

4%

$74,250

1%

2013

$9,157

—

$73,586

—

View All

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 741 Pennsylvania Ave

741 Pennsylvania Avenue, East New York, NY 11207 (MLS# 3559651) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 741 Pennsylvania Avenue is currently listed for $1,590,000 and was received on June 17, 2024. Want to learn more about 741 Pennsylvania Avenue? Do you have questions about finding other Multi-Family real estate for sale in East New York? You can browse all East New York real estate or contact a Coldwell Banker agent to request more information.

741 Pennsylvania Ave East New York, NY 11207