386 East 31st Street

$1,195,000
Price
8
Beds
3
Baths
3,135 Sq. Ft.
$381 / Sq. Ft.
3,135
Sq. Ft.
$381
per Sq. Ft.

Description

Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 4-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level of the property is legally 2 apartments (as per the C of O) but was combined...Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 4-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level of the property is legally 2 apartments (as per the C of O) but was combined to make one spacious unit. The versatile layout is spread across three spacious stories, and boasts three separate units, providing excellent rental income potential. Whether you're looking to keep all three units for maximum rental returns or live in one unit while renting out the others, this property caters to your investment strategy. Situated on a 23' x 100' lot with R6 zoning, there's an additional 2,400+/- square footage (based on FAR) of buildable space, offering future expansion opportunities. The full basement with high ceilings opens up a world of possibilities, making it an ideal space for additional living areas or storage. The convenient location allows you to enjoy being just moments away from diverse dining and retail establishments along Nostrand Ave and Ave D. Effortless transportation options include bus service steps away on Ave D. This property will be delivered vacant, providing you with a clean slate to envision and execute your vision seamlessly. Don't miss out on this exceptional real estate opportunity that combines prime location, investment potential, and a spacious layout. Schedule a viewing today and step into the future of Flatbush living!
  1. Listed by Gamal Hasan • Bellmarc • 2 Spaces

Amenities

  • High Ceilings
  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Full Basement
  • Parking Included
  • Lowrise

Location

Listing Courtesy of Bellmarc
Add your commute
LISTING UPDATED: 03/01/2024 11:29 AM

Property Details for 386 East 31st Street

StatusActive
MLS ID480202
Days on Market75
Taxes$7,437 / year
Maintenance-
Min. Down Pymt-
Total Rooms17.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1920
Lot Size2,333 SF / 23' x 100'
CountyKings County

Building

386 E 31st St

3 Units3 StoriesBuilt in 1920

Location

Listing Courtesy of Bellmarc
Add your commute

Building Information for 386 East 31st Street

Stories3Residences3Year Built1920Building Size19.33' x 55'Building Sq. Ft3,189.45 SFLot Size2,333 SF / 23' x 100'Building Age-Building Type-

Payment Calculator

$7,141 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$620

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 386 East 31st Street

Summary
Location and General Information
  • Block: 4947
  • Cross Street Name: Clarendon Rd
  • Cross Street Name: Avenue D
  • Zoning: R6
  • Roof: Flat
  • Residential Features: Refrigerator, Stove
  • Number Of Vacant Units: 1
Parking
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 7437.0
Property
Lot Information
  • Sq Ft Total: 3135
  • Yard: Back, Front
  • Lot Number: 42
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 23
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Baths Three Quarter: 0.0
  • Total Rooms: 17
  • Foundation Details: Stone
  • Flooring: Ceramic, Hardwood
  • Unit Count: 4
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: Circuit Breakers
  • Beds Total Level: 2
  • Beds Total Level: 3
  • Beds Total Level: 3
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1045.0
  • Building Length: 55.0
  • Building Type: Semi-Detached
  • Building Width: 19.0
  • Rooms Total Level 1: 5
  • Rooms Total Level 2: 6
  • Rooms Total Level: 6
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 1/1
  • Unit Rooms Total: 3
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2/2
  • Unit Rooms Total: 6
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3/3
  • Unit Rooms Total: true
  • Unit Status: Owner Occupied
  • Unit Unit Type: 3 Bedrooms
Unit 4
  • Unit Baths Full: 0
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: Yes

Property History for 386 East 31st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 386 East 31st Street

Taxable ValueLand$23,700Additions$34,860Total$58,560
Home Facts
Total Finished SqFt3,135 SqFtLot Size2,333 SqFtYear Built1920ZoningR6APN3049470042

Schools near 386 East 31st Street

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ms 246 Walt Whitman
Public6 to 8

Midwood High School
Public9 to 12

P.S. 269 Nostrand
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

386 East 31st Street is a townhouse for sale in Flatbush. This property was listed for sale on February 29, 2024 by Bellmarc, it's currently listed at $1,195,000. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 361 East Flatbush Early Childhood School, Ms 246 Walt Whitman and Midwood High School. 386 East 31st Street is a 8-bed, 3-bath, 3,135 sqft townhouse built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bellmarc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.