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$9,000,000
102 Days On Site
5221 Flatlands AvenueBrooklyn, NY 11234
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
29,152
SqFt
$309
/SqFt
2009
Built
County:
Kings (Brooklyn)
Listing courtesy of Blue Key Real Estate Brokerage [email protected]
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Located in the Old Mill Basin Section of Brooklyn. Wonderful Brick 24 Unit fully occupied. LOTS OF POTENTIAL. Viewing By appt. 16 Parking spots below building. Tenants pay All utilities except water. Separate HVAC units and Hot water tanks. 15 Year Tax abatement expired. Low common area expenses. Great for Investor 1031 exchange. Projected Potential income parking income (16) $67,200 yr ($350per) Storage units (10) $33,000yr ($275 per) Laundry Room $9k yr($750 Outsourced Mthy) Total Additional Potential income $109,200 NOI $478,505 Proj. cap 5
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Listing Snapshot
Price
$9,000,000
Days On Site
102 Days
Bedrooms
N/A
Inside Area (SqFt)
29,152 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
2009
MLS® Number
807492
Status
Active
Property Tax
$128,531
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Price changed to $9,000,000 | |
| a week ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
General Features
Cross Street
East 53rd Street
Number Of Stories
3
Parking
Underground
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Real Estate Owned
SqFt Total
29152
Utilities
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas Connected
Water Source
Public
Interior Features
Basement
None
Cooling
Central AirENERGY STAR Qualified EquipmentSeparate Meters
Heating
ENERGY STAR Qualified EquipmentForced Air
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Exterior Features
Construction Details
BrickCedarFoam InsulationFrame
Fencing
Front Yard
Community Features
Community Features
Other
School District
Brooklyn 22
Schools
School District
Brooklyn 22
Elementary School
Ps 236 Mill Basin
Middle School
Jhs 78 Roy H Mann
High School
Midwood High School
Listing courtesy of Blue Key Real Estate Brokerage [email protected]
Based on information submitted to the MLS GRID as of 2025-04-03 09:54 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of 2025-04-03 09:54 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
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