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$1,325,000

Listing Price

6beds

3baths

1,680sqft

1,500sqft lot

487 Hart St, Brooklyn, NY 11221

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Multi-Family

Home type

--

Price / sqft

1901

Year built

Home Details

487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs. The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 7.2 % cap rate. The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light. Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset. Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.

Interior Details

Square Feet
  • 1680

Bedrooms
  • 6

Bathrooms
  • 3

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
  • 1500

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
  • 2

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,487

$15,780

$45,960

--%

$61,740

2018

$2,004

$1,232

$8,351

--%

$9,583

2017

$1,843

$1,620

$7,425

--%

$9,045

2016

$1,706

$2,064

$6,472

--%

$8,536

2015

$1,668

$2,321

$6,212

--%

$8,533

2013

$1,372

$3,108

$4,878

--%

$7,986

2012

$1,235

$6,091

$1,447

--%

$7,538

percent-home-icon

Average Home Price in 11221

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,325,000
$
Down payment
265,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,950
$
HOA (Monthly)
0
$
PMI
0
$
$8,577
Your Payment
Total Monthly Payment:$8,577
Percent of Income:147%
Affordable:No

Details for 487 HART ST

Property Debt

Foreclosure Contact Details