1314 44th Street
1314 44th Street
$1,930,000
12
6
5,625
5,625
$343
Sold 9/11/23
Description
Back on market! Deal fell through. Another opportunity for developers and investors! First time on market! Don't miss the chance to own this rare find commercial zoning district building 1314 44th Street (25x75 on 25x100.17 lot) which is the second building from 13 Ave commercial center. GREAT location in the heart of Boro-Park. High traffic area. Money maker solid brick 6 family building plus full basement with separate front , side & back entrances. Several apartments have been re-modernized in...Back on market! Deal fell through. Another opportunity for developers and investors! First time on market! Don't miss the chance to own this rare find commercial zoning district building 1314 44th Street (25x75 on 25x100.17 lot) which is the second building from 13 Ave commercial center. GREAT location in the heart of Boro-Park. High traffic area. Money maker solid brick 6 family building plus full basement with separate front , side & back entrances. Several apartments have been re-modernized in recent years. New electricity and gas meters for each apartments. Rubber roof in excellent condition. Windows in every room to bring a lot of natural sunlight and fresh air. Each apartment has 2 bedrooms, living room, open concept dining/kitchen combo. Current rent is $1800 for each rented unit. 2 units will be delivered vacant at closing. Current rent roll is $136,800 a year. Over 5% Cap rate. Projected rent roll is $151,200 and up. Projected Cap Rate is at least 5.87%. The annual property tax is only $14,970. This is an amazing well kept property with tremendous potentials that is ideal for investors or end users. Property zoning C4-3 allows the entire building be transformed into commercial, day care, school, worship, community facility...... plus additional air rights. Commercial FAR is 3.4, meaning can build 8514 sqft commercial facility.( Please verify with architect). 5 stars school district. Close to Fort Hamilton Pkwy D train station. It's a real gem that you can't miss.
- Listed by Jie Lun (Jeanette) Guan • RE/MAX Edge • Other
Amenities
- Walk Up
- Air Conditioning
- Voice Intercom
- Basement
- Private Outdoor Space
- Full Basement
- Parking Included
- Lowrise
Location
LISTING UPDATED: 09/13/2023 03:18 PM
Property Details for 1314 44th Street
Status | Sold |
---|---|
MLS ID | 462796 |
Days on Market | 304 |
Taxes | $14,970 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 24.0 |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1930 |
Lot Size | 2,504 SF / 25' x 100' |
County | Kings County |
Building
Location
Building Information for 1314 44th Street
Stories3Residences6Year Built1930Building Size25' x 75'Building Sq. Ft5,625 SFLot Size2,504 SF / 25' x 100'Building Age-Building Type-
Payment Calculator
$11,780 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1314 44th Street
Property History for 1314 44th Street
Date | Event & Source | Price | Appreciation | Link |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1314 44th Street
Taxable ValueLand$5,400Additions$522,900Total$528,300
Home Facts
Total Finished SqFt5,625 SqFtLot Size2,504 SqFtYear Built1930ZoningC4-3APN3056110012
Schools near 1314 44th Street
This home is within Nyc Geog District #20 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 164 Caesar Rodney PublicPK to 5 | ||
Jhs 223 The Montauk Public6 to 8 | ||
Franklin Delano Roosevelt High School Public9 to 12 | ||
Urban Assembly School for Leadership and Empowerment Public6 to 12 |
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.
Neighborhood Map and Transit
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.