816 East 14th Street #0

$4,000,000

for sale

Delisted 9/10/2013

12,800 ft²

$312 per ft²

43 rooms

41 beds

11 baths

Rental unit
Ditmas Park

Seller's agent

Shoshana Tal

Licensed Real Estate Broker

B.H. TAL Real Estate

This home has been saved by 1 user.

Listing by B.H. TAL Real Estate, Corporate Broker, 479 Crown Street, Brooklyn, NY 11225

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Common charges

Not applicable

Estimated payment

$27,558/mo

Taxes

$6,750/mo

Tax abatement

No info

About

Seller’s agent

Shoshana Tal

Licensed Real Estate Broker

B.H. TAL Real Estate

Description

The best investment on the market. Opportunity to net approximately $460,000/yr. This solid building is in pristine condition in the heart of Flatbush/Midwood comes with a 12 year business history generating over $700,000 annually. Consisting of 35 legal SRO units and 3 apartments (total of 41 rooms) and a major income generating business already in place! Seller is open to owner financing.

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Home features

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About the building

816 East 14th Street

816 East 14th Street, Brooklyn, NY 11230

Rental building inDitmas Park

48 units

4 stories

1926 built

For sale

0 available units for sale

For rent

0 available units for rent

Documents and permits

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Learn more about 816 East 14th Street

Property history

Price change: ↓ $250,000 (-5.9%) on 12/9/12
Days on market: 397 days

Date	Price	Event
9/16/2014	$4,150,000	Delisted by B.H. TAL Real Estate
9/15/2014	$4,150,000	No longer available
3/19/2014	$4,150,000	Listed by B.H. TAL Real Estate
10/30/2013	$4,000,000	Delisted by B.H. TAL Real Estate
9/10/2013	$4,000,000	No longer available

Explore Ditmas Park

Transit

Location	Distance
BQat Av H	0.11 miles
BQat Av J	0.31 miles
BQat Newkirk Av	0.39 miles
Fat 18th Av	0.69 miles
Fat Av I	0.7 miles

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About Ditmas Park

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

At the turn of the 20th century, Ditmas Park was no more than a tract of farmland owned by the Ditmarsen family. But its proximity to Church Avenue's commercial stretch and Prospect Park made it a smart bet for early real estate developers, who envisioned the area as city suburb. Today, Ditmas Park's spacious old homes, inviting front porches, and manicured lawns are in high demand among those looking for a slower pace of life within New York City limits.

The neighborhood is conveniently serviced by the Q express train, which will get commuters to Midtown in 40 minutes or less. Driveways and private garages are also not-infrequent features of the housing stock here. Although the area is best known for the spacious homes of its historic district, prewar co-ops and apartment buildings abound east of Ocean Avenue. Over on Cortelyou Road, Tibetan cafes share space with train stations, and flower shops turn into hip bars after dark.

Learn more about Ditmas Park