Brooklyn, NY 11234,3842 Flatlands AVE
Brooklyn, NY 11234,3842 Flatlands AVE
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$680,000

$749,000

9.2%
Est.Price: ?

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Est. payment /mo

2,600 SqFt


SOLD DATE : 06/05/2020

Key Details

Sold Price $680,000

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $261

MLS Listing ID 435833

Sold Date 06/05/20

Year Built 1931

Annual Tax Amount $12,685

Lot Dimensions 20x100

Property Sub-Type Mixed Use

Property Description

Investment Opportunity - This is a handyman special, but it's in a an area that is in high demand.
Collect rent from 3 tenants and one store or live in one of the apartments that are on a month to month basis.
The building requires a major renovation cosmetically but the bones seem to be all good and working.
Flatlands Avenue is heavily trafficked and is only a few blocks from Mt Sanai Kings Highway Hospital. There are ample schools and houses of worship in the community and there is a park across the street.
You're only a stone's throw from one of Brooklyn's most famous commercial strips...FLATBUSH AVE.
This is a true diamond in the rough. The building is currently underperforming and with the proper care and improvements, it can become a beautiful shiny opportunity in an area that is buzzing with excitement.
If you're looking for a project that can be most rewarding financially, then you owe it to yourself to come and see this special opportunity.

Location

State NY

County Kings (brooklyn)

Area Marine Park

Zoning R3-2

Rooms

Basement Full, Unfinished

Interior

Interior Features Fire - Smoke Alarm

Hot Water Gas

Heating Gas

Flooring Hardwood, Laminate, Other

Equipment As Is There are no warrantees as to equipment included

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Handicap Access No

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing Bank Mortgage

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Listed by eXp Realty BKNY
Bought with eXp Realty BKNY
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7610 13th Ave, Brooklyn, New York, 11228, USA

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