Brooklyn, NY 11224,5011 Surf Ave

$999,000

Est. payment /mo

$1,099,000

9.1%
Est.Price: ?

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5011 Surf Ave Brooklyn, NY 11224

5,000 Sqft Lot

SOLD DATE : 03/30/2023

Key Details

Sold Price $999,000

Property Type Multi-Family

Sub Type Multi-family

Listing Status Sold

Purchase Type For Sale

Subdivision Sea Gate

MLS Listing ID OLRS-0088604

Sold Date 03/30/23

Year Built 1930

Annual Tax Amount $562

Lot Size 5,000 Sqft

Property Sub-Type Multi-family

Property Description

This is a lovely fully detached 2 family located in the private and exclusive neighborhood of Sea Gate, Brooklyn. The property is set on a 5,000 sq ft lot providing the owner a vast amount of space to play with. The current owners were spoiled with their own Enchanted Garden Oasis where they would sit out on their secluded patio on gorgeous weather nights and entertain or simply relax on a hammock. Residents of this development neighborhood enjoy their own resident beach front to walk along 365 days of the year. An added feature is an in ground lawn sprinkler system to maintain your greenery throughout the Spring, Summer, and Fall seasons.

The interior of the house has spotty renovations within it.

On the 1st floor, you have the rental unit consisting of 2 Bedrooms, 2 Full Bathrooms, a Living Room, and an Open Concept to Dining Area Eat in Kitchen with island. Potential rental income for this unit is $2,000 per month / $24,000 per year.

The 2nd Unit consists of the 2nd & 3rd floors.

On the 2nd floor you have an Eat in Kitchen with Island, a Living Room, 2 Bedrooms, 1 Full Bathroom, and a half-bathroom.

3rd floor is mainly 3 Bedrooms along with a full bathroom. One of the three bedrooms comes with a walkout rear facing terrace.

All levels of the property feature waterfront views.

The heating system such as the boiler and hot water heater were newly installed and upgraded in 2012. There is also a bran new roof that was completed in 2014. The property's exterior has been newly painted months ago.

Expenses include flood insurance since it is a waterfront property which is an additional $756.00 per year not including average home insurance. Taxes are $6,747. There is an HOA Fee to be paid by residents of Sea Gate to the Management company which is $4,360 per year, this pays for general maintenance of the neighborhood.

The development comes with a private beach and pool club for residents to enjoy as well.

This is simply not a house - its a beach waterfront property with tons of potential enough for anyone to make it their dream home.

Location

State NY

County Brooklyn

Community Sea Gate

Zoning R3-1

Rooms

Other Rooms LegalRoomsTotal: 11.00

Interior

Cooling Window

Exterior

Garage No

Building

Story 2

Structure Type Walk-up

Others

Pets Allowed Yes

Pets Allowed Pets allowed

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agent

Joseph Boivin

Advisor | License ID: 10401334965

+1(561) 906-9809

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