$850,000

1022 New York Avenue Multi New York City, NY 11203

$10,000
Closing credit¹
12 beds
6 full
Multi-Family

Property details

About 1022 New York Avenue Multi

A unique opportunity to own an investment Prime East Flatbush. This six-unit investment property has one vacant unit. Fully occupied the return on this property has six percent cap rate for the owner. The house next is available as well with one vacancy and the same six percent cap rate when fully occupied. Located four short blocks for the 2/5 train on Nostrand Avenue; which is 30 mins to Manhattan.

Highlights

Home typeTriplex
StatusActive
Year built1931
MLS #RLS20023516

Summary

  • Full Bathrooms: 6
  • Basement: No
  • Total Bedroom Count: 12
  • Exterior: None, PrivateOutdoorSpaceOver60Sqft
  • Architectural Style: Walk-Up
  • List Price: $850,000
  • HOA Amount: $0
  • HOA Frequency: Monthly
  • Year Built: 1931
  • MLS Number: RLS20023516
  • MLS Name: RLS
  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Hakim D Edwards
  • Agent Phone: (347) 489-2247

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/21/2025, 8:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$850,000

1022 New York Avenue Multi

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

P.S. 399 Stanley Eugene Clark School

Public District KG-5

0.3 mi

2707 Albemarle Rd

7

Lefferts Gardens Ascend Charter School (Lgacs)

Public Charter KG-2

0.5 mi

870 Albany Ave

4

Norma Adams Clemons Academy

Public District KG-5

0.5 mi

43 Snyder Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,520. The most common annual income of people living in New York City, NY is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

57%
<35k
32%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1022 New York Avenue Multi in New York City, NY and zip code 11203 in the Flatbush neighborhood. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $850,000.

In April 2025, from all listings sold in New York City, NY there were more than 210 sold above asking price, over 652 sold below and more than 792 were sold right at the asked price. The number of homes for sale in New York City, NY increased by 1.7% between March and April 2025. While the average time on the market in April 2025 was 131 days, the median list price was $870,078.

From Rocket Homes Real Estate and based on county public records data.

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