1440 Dekalb Avenue

$1,498,000
Price
12
Beds
6
Baths
5,100 Sq. Ft.
$294 / Sq. Ft.
5,100
Sq. Ft.
$294
per Sq. Ft.

Description

6-Family, Classic Brick Building with Elegant Architecture In The Most Desirable Location Of Bushwick NY! All units are rent-stabilized and the property is being sold as-is condition with all tenants in place. Each floor consist of 2 apartments with the classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room. Full Expansive Basement with Utility room. First floor apartments share backyard. Close to public transportation - L train at Dekalb Station and local buses. The property presents a...6-Family, Classic Brick Building with Elegant Architecture In The Most Desirable Location Of Bushwick NY! All units are rent-stabilized and the property is being sold as-is condition with all tenants in place. Each floor consist of 2 apartments with the classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room. Full Expansive Basement with Utility room. First floor apartments share backyard. Close to public transportation - L train at Dekalb Station and local buses. The property presents a compelling value proposition. With a current NOI of $60,083, the property demonstrates strong financial performance, offering stability and potential for growth. Leveraging the potential NOI of $220,621 with pro forma, the property presents an enticing opportunity for savvy investors to maximize returns and capitalize on Bushwick's thriving market. Furthermore, R6 and C1-3 Zoning, this building allows further development to the building in order to meet the needs and demands of the commercial consumers by using the maximum allowable FAR. Example building developments as seen on the Dekalb avenue for inspiration. Do not miss this great offer!
  1. Listed by Lakpa W Tamang • Prime America Real Estate Inc
    P: 347-725-3142 C: 415-530-1172 lakpa@primeamericany.com
  2. Listed by Siddhartha Lama • Prime America Real Estate Inc
    P: 347-725-3142 C: 347-725-3142 Lama@primeamericany.com

Property Details for 1440 Dekalb Avenue

Township
Brooklyn
Architectural Style
Apartment
Zoning Description
R6, C1-3
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Knickerbocker Av
Offer Presentation
Can be Present

Location

Listing Courtesy of Prime America Real Estate Inc
Add your commute
LISTING UPDATED: 05/15/2024 05:13 PM

Property Details for 1440 Dekalb Avenue

StatusActive
MLS ID3551477
Days on Market15
Taxes$8,229 / year
Maintenance-
Min. Down Pymt-
Total Rooms24.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1931
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

1440 Dekalb Ave

5 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of Prime America Real Estate Inc
Add your commute

Virtual Tour

Building Information for 1440 Dekalb Avenue

Stories3Residences5Year Built1931Building Size25' x 68'Building Sq. Ft5,100 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$8,861 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,175

Property Taxes

$686

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1440 Dekalb Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Directions: Google Maps
  • Tax Block: 3246
  • Tax Lot: 24
  • Property Attached: Yes
  • Structure Type: true
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 32
  • Elementary School District: Brooklyn 32
  • Elementary School: Ps 106 Edward Everett Hale
  • Middle Or Junior School District: Brooklyn 32
  • Middle Or Junior School: Academy For Environmental Ldship
  • High School District: Brooklyn 32
  • High School: Academy Of Urban Planning-Engineerin
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Additional
  • RoomDescription 1: 2 bed 1 bath.
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03246-0024
  • Tax Map Number: 03246-0024
Interior and Exterior Features
Interior Features
  • Amenities: Apartment, Near Public Transportation, Park, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 24
  • Living Area Units: Square Feet
  • Basement: Full
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: On Street, Park, Near Public Transportation, Historic District, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Historic District,Near Public Transit
  • Lot Size Dimensions: 25x100
  • Site Features: Park, Near Public Transportation, Historic District, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Natural Gas, Hot Water
Virtual Tour

Property History for 1440 Dekalb Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1440 Dekalb Avenue

Taxable ValueLand$122,850Additions$362,250Total$485,100
Home Facts
Total Finished SqFt5,100 SqFtLot Size2,500 SqFtYear Built1931ZoningR6APN3032460024

Schools near 1440 Dekalb Avenue

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
P.S. 274 Kosciusko
PublicPK to 5

Is 347 School Of Humanities
Public6 to 8

Jhs 383 Philippa Schuyler
Public5 to 8

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.

Similar Homes

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1440 Dekalb Avenue is a multi-family home for sale in Bushwick. This property was listed for sale on May 14, 2024 by Prime America Real Estate Inc, it's currently listed at $1,498,000. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 274 Kosciusko, Is 347 School Of Humanities and Bushwick Leaders High School For Academic Excellence. 1440 Dekalb Avenue is a 12-bed, 6-bath, 5,100 sqft multi-family home built in 1931.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime America Real Estate Inc

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.