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1402 E 3rd St, Brooklyn, NY, 11230

8beds
4baths
3,440sqft
$4,200,000
$1,221price/sqft
$25,055/moest. monthly cost
$1,002,200/yrincome needed

About This Home

Prime investment opportunity in the heart of Midwood! This beautiful 4-family building sits on a 35 × 113 lot with a 23 × 78 building size and was built from the ground up just 7 years ago, offering modern construction and high-end finishes throughout. Each apartment features 2 bedrooms and 1 full bathroom, along with stackable washer and dryer units in every unit. The residences are finished with modern Italian kitchens and stylish bathrooms, providing a luxurious and contemporary living experience. The property is equipped with central heating and cooling, and tenants pay their own heat and hot water, making it an efficient investment. In addition to the four main units, the basement includes two additional rooms. Additional highlights include a private driveway, garage, and a sunroom on the first floor, adding extra comfort and convenience for residents. Annual Taxes: $20,742 Current Income: Approximately $15,000 per month A rare opportunity to own a modern, income-producing property in prime Midwood, perfect for investors seeking strong rental income in a desirable neighborhood.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

4/10
Ps 226 Alfred De B MasonGrades PK-80.2 mi
4/10

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,440
  • Total interior livable area: 3,440 sqft

Property

Details

  • Parcel number: 065650014
  • Special condition: Resale