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Image 1 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 2 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 3 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 4 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 5 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 6 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 7 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 8 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Image 9 - 422 East 31st Street, New York, NY 11226, USA - House for sale
Home For Sale In Brooklyn, New York
422 East 31st Street, New York, NY 11226, USA

Home For Sale In Brooklyn, New York

house for sale
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Listed: 05/21/24

422 East 31st Street, New York, NY 11226, USA

14 Bed:
14 Bath:
8,764 Sq Ft Living Area:
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Price
$ 4M

About This House

Welcome to422 E 31St, Brooklyn, a fantastic investment opportunity in the vibrant Flatbush neighborhood of Brooklyn! This 10-unit residential apartment building was fully renovated in 2024, boasting modern interiors and amenities spanning8, 764square feet. Each unit features hardwood floors, beautiful white kitchens with stainless steel appliances, and spacious interiors, providing residents with comfortable and contemporary living spaces. The building offers additional amenities, including a laundry room for residents' convenience, a rooftop with stunning views, large open cellar - great for common recreational use, and five parking spaces for added convenience. Benefitting from a 35-year 421-A Tax Abatement (pending), this property presents an excellent opportunity for investors looking to expand their portfolio. All ten apartments are leased, offering immediate income potential. …  Full description

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New York Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In May 2024, the asking price for 2 bed houses for sale in/near New York, United States averaged $817,160, a decrease of 7.1% from the previous month.
Median price trends for properties for sale in New York, United States as of May 2024.

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.