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sold
new development
WEB ID: 21566914

32 Fountain Avenue, BUILDING East New York, Brooklyn, NY 11208

East New York, Brooklyn, NY 11208

sold | Condo | Built in 2018

12 beds
7 baths
6900 Approx. Sqft
$2,064,000
  • Monthly Taxes: $4,773

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sold
new development
WEB ID: 21566914

32 Fountain Avenue, BUILDING East New York, Brooklyn, NY 11208

East New York, Brooklyn, NY 11208

sold | Condo | Built in 2018

12 beds
7 baths
6900 Approx. Sqft
$2,064,000
  • Monthly Taxes: $4,773

The Details

About 32 Fountain Avenue, BUILDING, East New York, Brooklyn, NY 11208

32 Fountain Ave

Investors Dream! Cap rate of 5.8%! Welcome to 32 Fountain Ave, a beautiful brick and stucco new construction building comprising of 7 free market rental units, and 5 parking spots! The building is 100% occupied, and is approximately 6,900 square feet.

The apartment breakdowns are as follows:
One 3 bedroom unit
Three 2 bedroom units
Three 1 bedroom units

All of the...
Listing Courtesy of Corcoran, Shabir Ahmad, (718) 923-8007, Resource data displayed by Corcoran Group
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key features

  • Excellent light
  • Pet friendly
  • New Development
  • Listing agent

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    East New York

    Founded in the 1650s as the Town of New Lots, today’s East New York was annexed by the City of Brooklyn in 1886 before becoming part of New York City in 1898. You'd be correct if you guessed that East New York got its name because of its location — found farther east than any other neighborhood in Brooklyn. A merchant named John Pitkin wanted to signify the area as the eastern end of New York City, with the idea that it would rival and perhaps surpass Manhattan, and the name has stuck. While Pitkin’s plans never came to fruition in his time, the modern East New York is revitalization embodied, unconcerned with whatever is happening on the NYC “mainland.” Various new developments continue to grow, pointing the way forward for East New York’s future.

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    about the building

    32 Fountain Avenue

    Apartment Building in East New York

    • 7 UNITS
    • 3 STORIES
    • 2018 BUILT

    Sales History for 32 Fountain Avenue, BUILDING
    datepricelisting status
    10/31/2022$2,064,000Sold
    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer. Images may be digitally enhanced photos, virtually staged photos, artists' renderings of future conditions, or otherwise modified, and therefore may not necessarily reflect actual site conditions. Accordingly, interested parties must confirm actual site conditions for themselves, in person.