1499 East 10th Street, Brooklyn, New York 11230

$1,650,000
11
BD
6
BA
1,800
SqFt

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List Price
$1,650,000
Status
ACTIVE
MLS#
504958
Bedrooms
11
Full-baths
6
Sq. Ft
1,800
Year Built
1925

Property Description

Exceptional investment opportunity in the heart of Midwood, ideally located near Coney Island Avenue and East 10th Street—an established, highly desirable neighborhood surrounded by some of the area’s most valuable homes. This wonderful semi-attached brick corner building offers 6 residential units across 3 stories plus a full basement. Each floor features two 2-bedroom apartments with approximately 10-foot ceilings, creating bright and generously proportioned living spaces. Building dimensions are approximately 25’ x 72’. A rare income-producing setup: only 2 units are rent stabilized, while 4 units are free market, offering strong rental upside. Major improvements include a new heating system, new boiler, and new roof. An outstanding Midwood multi-family property with excellent location, scale, and long-term investment potential.

Additional Information

Lot Size
2,125
Stories
3
Parking Description
Other
Heat Source
Gas
Year Built
1925
Zoning
R5
Sale Type
Arm's Length
Bank Financing
Bank Mortgage, Cash
Building Type
Semi-Detached
Year Built
1925
Basement
Finished, Full
Lot Dimensions
85 x 25
Building Dimensions
72.00 x 25.00
Estimated Yearly Tax Amount
$23,977

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Calculator source: Real Geeks

Listing courtesy of Winzone Realty Inc.