442 Cleveland Street

East New York

$999,000
Last Sold Price
8
Beds
4
Baths
3,108 Sq. Ft.
$321 / Sq. Ft.
3,108
Sq. Ft.
$321
per Sq. Ft.

Description

Delivered vacant Welcome to 442 Cleveland, a great investment property new to the East New York market. Located between Glenmore and Pitkin Avenues, this legal three-family home offers 8 bedrooms, 4 bathrooms with marble floors, a spacious basement with a prebuilt office and a private backyard. Each floor-through apartment is complete with oversized bedrooms that bring in an abundance of natural light and a plethora of storage space. These units feature a South-facing eat-in kitchen with extra-large...Delivered vacant Welcome to 442 Cleveland, a great investment property new to the East New York market. Located between Glenmore and Pitkin Avenues, this legal three-family home offers 8 bedrooms, 4 bathrooms with marble floors, a spacious basement with a prebuilt office and a private backyard. Each floor-through apartment is complete with oversized bedrooms that bring in an abundance of natural light and a plethora of storage space. These units feature a South-facing eat-in kitchen with extra-large windows, wooden cabinetry and classic tile floors. 442 Cleveland is a true dream multifamily investment. It is surrounded by a plethora of trains including the C, J and Z lines which offer a 40-50 minute commute into Manhattan, some of Brooklyn's hotspots including Rico Chimi, La Gran Nagua Bakery and El Ambiente to name a few. Over the last few years, there have been a number of changes in the neighborhood including the expansion of Gateway Center Mall which has become a shopping staple for local residents, the Amazon warehouse boom in which the tech giant is serving as storage facility for consumer goods and offering jobs to the thriving East New York community. Additionally over the next few years there are several reconstruction and development plans in place for 58 new rental buildings in East New York specifically. According to the Mayor's plan, East New York will turn into a Brooklyn metropolis filled with mixed-use buildings and an abundance of finer retail properties. With this in mind, investors have already solidified purchasing property in East New York as a great investment for 2023. This property was built in 1901, purchased by the current owners in 1995 and since then has seen a number of changes, but at this time this gem wishes to be paired with a new investor that enjoys East New York, loves renovating and wishes to turn this neighborhood gem into the Brooklyn beauty it should be. According to Property Shark, there is 3,083 unused FAR available, contact your architect as to what may be added. This property is located in an Opportunity Zone which offers you huge tax benefits in the long run. Schedule an in-person tour today!

Property Details for 442 Cleveland Street

Township
Brooklyn
Architectural Style
Contemporary
Garage Spaces
0.0

Location

Listing Courtesy of Yaffa Realty LLC

Sold By Yaffa Realty LLC

Add your commute
LISTING UPDATED: 07/31/2023 07:27 PM

Property Details for 442 Cleveland Street

StatusSold
MLS IDH6226569
Days on Market84
Taxes$2,357 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1901
Lot Size1,550 SF / 20' x 78'
CountyKings County

Building

442 Cleveland St

3 Units3 StoriesBuilt in 1901

Location

Listing Courtesy of Yaffa Realty LLC

Sold By Yaffa Realty LLC

Add your commute

Building Information for 442 Cleveland Street

Stories3Residences3Year Built1901Building Size20' x 55'Building Sq. Ft3,300 SFLot Size1,550 SF / 20' x 78'Building Age-Building Type-

Payment Calculator

$5,648 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$196

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 442 Cleveland Street

Summary
Location and General Information
  • Village: None
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Year Built Source: Owner
  • Property Attached: No
  • Structure Type: Detached
  • Square Footage Source: Other
  • Lot Size Source: Other
School Information
  • School District: Brooklyn 19
  • Elementary School District: Brooklyn 19
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: Brooklyn 19
  • Middle Or Junior School: Jhs 292 Margaret S Douglas
  • HighSchool District: Brooklyn 19
  • High School: Perf Arts & Tech High School
Unit Information
Unit Information
  • Number Of 3 Bedrooms: 3
  • Building Units Total: 3
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04000-0128
  • Tax Map Number: 04000-0128
  • Tenant Pays: Electricity, Gas, Heat
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Eat in Kitchen, Hardwood Floors As Seen, Master Bath, See Remarks, Storage
  • Interior Features: 1st Fl Master Bedroom, 1st Floor Bedrm, Eat-in Kitchen, Master Bath, Storage
  • Living Area: 3108.0
  • Living Area Units: Square Feet
  • Primary on Main: Yes
  • Basement: Finished, Walk-Out Access
  • Location Amenities: Walk Out Basement, Hardwood Floors As Seen, 1st Fl Master Bedroom, 1st Floor Bedrm, Eat in Kitchen, Master Bath, Storage
  • Common Walls: No Common Walls
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: On Street, Level, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level, Near Public Transit
  • Site Features: Level, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water, See Remarks
  • Hot Water: See Remarks
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: See Remarks
Green Features
  • Green Features: Natural Gas, Hot Water, See Remarks

Property History for 442 Cleveland 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 442 Cleveland Street

Taxable ValueLand$7,740Additions$50,520Total$58,260
Home Facts
Total Finished SqFt3,108 SqFtLot Size1,550 SqFtYear Built1901ZoningR7AAPN3040000128

Schools near 442 Cleveland Street

This home is within Nyc Geog District #19 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 158 Warwick
PublicPK to 5

Vista Academy
Public6 to 8

Liberty Avenue Middle School
Public6 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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Similar Sold Homes

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Listing Courtesy of Yaffa Realty LLC

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.