Price Reduced Listing
Description
Welcome to 545 Logan Street, a spacious multi-family opportunity in the heart of East New York. Offering generous living space and a flexible layout, this property is ideal for both investors seeking income potential and end users looking to create a customized home while benefiting from additional rental income. The property is in need of cosmetic updating, presenting an excellent opportunity to add value through improvements such as new flooring, paint, updated kitchens and bathrooms, and modern finishes. The existing layout provides multiple living areas, well-proportioned bedrooms, and a finished basement with additional usable space. Natural gas heating adds everyday efficiency and convenience. The property will be delivered completely vacant, giving buyers the flexibility to begin renovations immediately, select their own tenants, establish market rents, or occupy the property without having to manage existing tenancies. Investors will appreciate the opportunity to renovate, reposition, and maximize the property's income potential, while owner-occupants can update the home to their own taste and offset their housing expenses with income from the additional units. A spacious rear yard provides room for outdoor entertaining, recreation, or gardening. Conveniently located near shopping, public transportation, major roadways, schools, and neighborhood amenities. With the right vision and improvements, 545 Logan Street offers tremendous upside and long-term potential. Property is being sold as-is and delivered vacant. Buyers and buyers' representatives should independently verify the property's legal use, occupancy, layout, and all information with the appropriate New York City agencies.
Details
| MLS # | 1027009 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 47 |
| Listing Provided By | Skyline Residential & Comm Inc | Aleksandr Dzhurayev |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,640 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.05 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, High Ceilings |
Exterior
| Construction Materials | Aluminum Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 46200 |
| Tax Annual Amount | 3017.28 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | High School For Civil Rights |
| Elementary School | Ps 345 Patrolman Robert Bolden |
| High School | High School For Civil Rights |
| Listing VS Median (in 11208) | |
Price: $799,000 low | high Med: $899,000 sqft: 1,640 low | high Med: 2,210 $ / sqft: $487 low | high Med: $408 On site: 47 low | high Med: 85 | |
Market Activity 11208
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | High School For Civil Rights |
| Elementary School | Ps 345 Patrolman Robert Bolden |
| High School | High School For Civil Rights |
| Listing VS Median (in 11208) | |
Price: $799,000 low | high Med: $899,000 sqft: 1,640 low | high Med: 2,210 $ / sqft: $487 low | high Med: $408 On site: 47 low | high Med: 85 | |
