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7,984 ft²

$162 per ft²

40 rooms

18 beds

8 baths

reported sale

Sold on 7/25/2024

Not yet verified by closing records

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Seller's agent

Adargisa (Isa) Medina

Licensed Real Estate Salesperson

Remax Real Estate Professionals

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Listing by Remax Real Estate Professionals, Corporate Broker, 6423 11th Avenue, Brooklyn, NY 11219

Common charges

Not applicable

Estimated payment

$6,595/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

No info

Tax abatement

No info

About

Seller’s agent

/

Adargisa (Isa) Medina

Licensed Real Estate Salesperson

Remax Real Estate Professionals

description

Just listed in the heart of CROWN HEIGHTS! Is this eight-unit, rent-stabilized building is a rare find in the highly sought-after Crown Heights neighborhood, making it an excellent investment opportunity for those looking for a solid cash-flowing property. The building features two apartments per floor, each with two bedrooms, high ceilings, and some updated kitchens with stainless-steel appliances and stone countertops, as well as historic charm throughout.

Policies

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Home features

  • Hardwood floors

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    City

Building amenities

No info on building amenities

About the building

248 New York Avenue

248 New York Avenue, Brooklyn, NY 11216

Rental building inCrown Heights

8 units

4 stories

1905 built

Property history

  • Price Change: ↓ $450,000 (-25.7%) on 4/16/24
  • Days on market: 335 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

7/25/2024

$1,300,000

Sold by Remax Real Estate Professionals

5/15/2024

$1,300,000

In contract

4/16/2024

$1,300,000

Price decreased by 26%

4/1/2024

$1,750,000

Price decreased by 17%

10/16/2023

$2,100,000

Price decreased by 25%

Past listing photos

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Explore Crown Heights

Transit

LocationDistance

3at Nostrand Av

0.2 miles

25at President St

0.29 miles

3at Kingston Av

0.33 miles

LIRRat Nostrand Avenue

0.45 miles

S2345at Franklin Av

0.52 miles

About Crown Heights

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

SalesMedian asking price

18 beds

$2.15M

Crown Heights has a lot going on. From the chaotic, commercial avenues of Nostrand and Utica to the wide, tree-lined esplanades of Eastern Parkway, the streets are always filled with locals shopping, catching up on the corner, and keeping tabs on neighbors. Walk down any of these streets and you're likely to find music playing from idling cars and bright Caribbean flags hanging from windows of apartment buildings. Every Labor Day, Crown Heights hosts the West Indian Day Parade, one of the city's largest annual street festivals which draws thousands of people from around the city and the world. The mix of people in such close proximity makes Crown Heights a fascinating microcosm of New York City. Living here, you'll be surrounded by a community with deep roots and rich heritage.

Learn more about Crown Heights