107 Albany Ave, Brooklyn, NY 11213

9 beds, 4 baths, 2,380 sqft
For Sale
$1,550,000
Zestimate®: $1,024,367
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Magnificent 4 family investment, renovated brownstone in Crown Heights Brooklyn. Located on the corner of Albany Avenue and Pacific Street. The property is conveniently close to subways and bus lines with schools nearby. This property was renovated a three years ago and has 4 separate boilers along with 4 hot water tanks. All floors have been renovated except for the one bedroom ground floor.
Residential: Multi-Family Walk-up

Block: 1340 Lot: 11
Property Characteristics:
Lot Area: 1,587 sq ft (19.83' x 80')
Buildings: 2 Year built: 1910 (Year built is an estimate)
floors: 3 Building Area: 2,380 sq ft
Total Units: 4 Residential Units: 4
Primary zoning: R6 Commercial Overlay: None

Income
Tenants pay for own heat and Hot water.
Apartment Income 76,500
4 Car garages Annually $7,500
Annual Income $84,000
Expense
Real Estate Tax $5,800
Insurance $1,054
Water/Sewer $1,800
Utilities $240
Annually Expense $9,000
 
What I love about the home
Tenants Pays Gas, Heat, Hot water and Electric
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Facts
  • Lot: 1,587 sqft
  • Townhouse
  • Built in 1910
  • 48 days on Zillow
  • Heating: Baseboard
  • Price/sqft: $651
Features
  • Flooring: Hardwood, Tile
  • Parking: Garage - Attached
  • Transportation
Additional Features
  • 4 car garage
Appliances Included
  • Garbage disposal
  • Range / Oven
  • Refrigerator
Construction
  • Exterior material: Brick
  • # Stories: 3.0
  • Unit count: 4
Other
  • Floor size: 2,380 sqft
  • Heating: Gas
  • Zillow Home ID: 2110553566
Home Values
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$1,024,367
-$67,181 Last 30 daysd
$809K
$1.26M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,119/mo
-$41 Last 30 daysd
$2.5K
$5.1K
Zestimate range

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Neighborhood for 107 Albany Avenue

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Zillow predicts Crown Heights home values will rise 6.7% next year, compared to a 1.8% rise for New York as a whole. Among Crown Heights homes, this home is 108.5% more expensive than the midpoint (median) home, and is priced 40.9% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Crown Heights market, the number of foreclosures waiting to be sold shrank 7.2% in the last year. The number of unsold foreclosures is 950% greater than in New York, and 68.7% lower than the national average. This higher local number may prevent Crown Heights home values from rising as quickly as other regions in New York.

Learn more about forecast calculations or Crown Heights home values.
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    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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