1314 44th Street

Borough Park

$1,930,000
Last Sold Price
12
Beds
6
Baths
5,625 Sq. Ft.
$343 / Sq. Ft.
5,625
Sq. Ft.
$343
per Sq. Ft.

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.
  1. 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 Courtesy of RE/MAX Edge

Sold By RE/MAX Edge

Add your commute
LISTING UPDATED: 09/13/2023 03:18 PM

Property Details for 1314 44th Street

StatusSold
MLS ID462796
Days on Market304
Taxes$14,970 / year
Maintenance-
Min. Down Pymt-
Total Rooms24.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1930
Lot Size2,504 SF / 25' x 100'
CountyKings County

Building

1314 44th St

6 Units3 StoriesBuilt in 1930

Location

Listing Courtesy of RE/MAX Edge

Sold By RE/MAX Edge

Add your commute

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

30 year fixed, 7.25% Interest

Principal and Interest

$10,533

Property Taxes

$1,248

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1314 44th Street

Summary
Location and General Information
  • Block: 5611
  • Cross Street Name: 13th Avenue
  • Zoning: C 4-3
  • Roof: Flat, Rubber
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 14970.0
  • Gross Income: $136,800.00
Property
Lot Information
  • Sq Ft Total: 5625
  • Yard: Back, Side
  • Lot Number: 12
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 25
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Hot Water Coil in Boiler
  • Utility Expense: 500.0
  • Fuel Expense: 7000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Baths Three Quarter: 0.0
  • Total Rooms: 24
  • Foundation Details: Poured Concrete
  • Flooring: Carpeting, Ceramic, Hardwood, Tile
  • Unit Count: 6
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1875.0
  • Building Length: 75.0
  • Building Type: Semi-Detached
  • Building Width: 25.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Room Description: Will be delivered vacant
  • Unit Floor: 1F
  • Unit Projected Rent: 2100.0
  • Unit Rooms Total: 4
  • Unit Status: Owner Occupied
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1800.0
  • Unit Floor: 1R
  • Unit Rooms Total: 4
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Room Description: Will be delivered vacant
  • Unit Floor: 2F
  • Unit Projected Rent: 2100.00
  • Unit Rooms Total: true
  • Unit Status: Owner Occupied
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1800.0
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1800.0
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1800.0
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 4660550.0
Rental
Rental Information
  • Insurance Expense: 4600.0
  • Owner Occupied: Yes

Property History for 1314 44th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

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.

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 RE/MAX Edge

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.