16-18 Butler Terrace

New Brighton

$1,777,000
Price
10
Beds
4
Baths
4,224 Sq. Ft.
$421 / Sq. Ft.
4,224
Sq. Ft.
$421
per Sq. Ft.

Description

Welcome to a unique investment opportunity nestled on a dead end block in New Brighton. This exceptional income producing property combines the charm and functionality of two separate two-family homes, creating an unparalleled income-generating asset. Block 85 lot 32-33,With a total of four units, 2 three bedrooms and two two bedrooms fully occupied and generating income. Option to have a unit vacant on request. Full finished basement with two means of egress including back door. This building was...Welcome to a unique investment opportunity nestled on a dead end block in New Brighton. This exceptional income producing property combines the charm and functionality of two separate two-family homes, creating an unparalleled income-generating asset. Block 85 lot 32-33,With a total of four units, 2 three bedrooms and two two bedrooms fully occupied and generating income. Option to have a unit vacant on request. Full finished basement with two means of egress including back door. This building was updated in 2022 with new plumbing , stucco, windows, kitchen bathrooms and heating system and garages. Present all offers to listing agent.

Property Details for 16-18 Butler Terrace

Parking
Off Street
Area Name
New Brighton
Zoning
R3-2

Location

Listing Courtesy of Robert DeFalco Realty, Inc.
Add your commute
LISTING UPDATED: 05/29/2024 05:59 PM

Property Details for 16-18 Butler Terrace

StatusActive
MLS ID2402734
Days on Market15
Taxes$10,325 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1901
Lot Size7,695 SF
CountyRichmond County

Location

Listing Courtesy of Robert DeFalco Realty, Inc.
Add your commute

Building Information for 16-18 Butler Terrace

Stories2Residences4Year Built1901Building Size-Lot Size7,695 SFBuilding Age-Building Type-

Payment Calculator

$10,558 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,698

Property Taxes

$860

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16-18 Butler Terrace

Summary
Location and General Information
  • Absolute Longitude: 74
  • Directions: PLEASE USE GPS FOR DIRECTIONS
  • Section: North Shore
Parking
  • Garage Location: Detached
  • Garage Capacity: 4.0
Taxes and HOA Information
  • Tax Abated: No
Property
Lot Information
  • Block: 00085
  • Lot: 0032
  • Lot Dim: 50 X 154
  • Parcel ID: 00085-0032
Property and Assessments
  • CofO: No
  • Condition: Good
  • Property Group ID: 19990816212116581394000000
  • Year Built Info: New
Utilities
  • Cooling: Yes
  • Electric: 220
  • Electric Meters: Individual
  • Gas Meters: Individual
  • Sewer: City
Interior and Exterior Features
Interior Features
  • # of A/C Units: 4
  • Air Conditioner: Units
  • Basement Desc: Finished
  • Basement Type: Full
  • Full Baths: 4
  • Heat Source: Gas
  • Heat System: Hot Water
  • No. of Heating Units: 4
  • Total Baths: 6.00
Exterior Features
  • Bldg. Dimensions: 44 X 48
  • Siding: Stucco
Multi Family
Multi-Family Information
  • Income & Expenses: Gross Income: $169,608.00
  • Income & Expenses: Net Income: $139,375.00
  • Income & Expenses: Total Expense: $30,233.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 3
  • Unit 1: # Rooms: 6
  • Unit 1: Level: 2
  • Unit 1: Rent/Month: $3,400.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 3
  • Unit 2: # Rooms: 6
  • Unit 2: Level: 2
  • Unit 2: Rent/Month: $2,900.00
Unit 3
  • Unit 3: # Baths: 2
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Rooms: 5
  • Unit 3: Level: 1
  • Unit 3: Rent/Month: $2,400.00
Unit 4
  • Unit 4: # Baths: 2
  • Unit 4: # Bedrooms: 2
  • Unit 4: # Rooms: 5
  • Unit 4: Level: 1
  • Unit 4: Rent/Month: $2,184.00

Property History for 16-18 Butler Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 16-18 Butler Terrace

This home is within New York City Geographic District #31.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 31 William T Davis
PublicPK to 5

Is 61 William A Morris
Public6 to 8

Curtis 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.

Similar Homes

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Similar Sold Homes

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16-18 Butler Terrace is a multi-family home for sale in New Brighton. This property was listed for sale on May 14, 2024 by Robert DeFalco Realty, Inc., it's currently listed at $1,777,000. It has been on the market for a total of 15 days and was last sold on August 7, 2020. This listing's school district is New York City Geographic District #31. Nearby schools include P.S. 31 William T Davis, Is 61 William A Morris and Curtis High School. 16-18 Butler Terrace is a 10-bed, 4-bath, 4,224 sqft multi-family home built in 1901.

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 Robert DeFalco Realty, 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.