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$2,500,000

Listing Price$2,500,000Est. Opening Bid

6beds

7baths

3,752sqft

1,875sqft lot

581 Decatur St, Brooklyn, NY 11233

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

Pre-Foreclosure

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1899

Year built

Home Details

All showings are by appointment.nnOpportunity knocks with this 19 x 50 brownstone offering approximately 3,752 square feet of living space on a bucolic, tree-lined block in one of Brooklyns most vibrant neighborhoods. Whether you're looking to live in one unit and collect income from two fully renovated rental units, or rent out the entire building, this investment delivers flexibility, strong cash flow, and long-term upside. The rental market is strong and there is no slowdown in sight, making this the ideal investment opportunity.nnEach unit is thoughtfully outfitted with tenant-friendly amenities, including individual electric and water meters, dishwashers, and in-unit washer/dryersfeatures that maximize your rent roll. Rental income from the two units can cover more than half of your monthly mortgage, making this an ideal option for both owner-occupants and savvy investors.nnLocated just a short distance from the C train for a convenient Manhattan commute and moments from Saratoga Park, this is a rare chance to own a turn-key, income-producing asset n one of Brooklyns most dynamic and appreciating enclaves.nn

Interior Details

Square Feet
  • 3752

Bedrooms
  • 6

Bathrooms
  • 7

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 1875

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Triplex

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,055

$23,640

$71,880

--%

$95,520

2017

$4,558

$8,601

$13,971

--%

$22,572

2017

$4,558

$8,250

$14,113

--%

$22,363

2016

$4,217

$8,363

$12,736

--%

$21,099

2015

$3,892

$11,846

$8,059

--%

$19,905

2013

$3,099

$15,486

$3,324

--%

$18,810

2012

$2,750

$14,922

$3,714

--%

$18,636

percent-home-icon

Average Home Price in 11233

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,500,000
$
Down payment
500,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
15,000
$
HOA (Monthly)
0
$
PMI
0
$
$16,183
Your Payment
Total Monthly Payment:$16,183
Percent of Income:277%
Affordable:No

Pre-Foreclosure Details for 581 DECATUR ST

Property Debt

Foreclosure Contact Details