NOT LISTED FOR SALE

Estimated Value: $1,013,233 - $1,293,000

7 Beds
6 Baths
3,265 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $995,000 $305 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,038/month

98 Days on Market

About This Home

As of July 2018

Nothing like it on the market! Excellent income opportunity, with land to grow. Grand corner lot with a stunning backyard on an extra-large 32x122ft lot is a rare opportunity that doesn't come along often, leave it as a garden oasis or maximize your income potential and build another dwelling. 1 complete floor through unit per floor provides ample space and privacy. Welcome to Canarsie Brooklyn, Income producing or collect rent and live for free! The largest property of its kind in Canarsie, this multi family home, includes a private parking space and a garage with its very own finished bathroom. Lots of natural light pouring in from three exposures, all units are in excellent condition, spacious with ample closets and exclusive outdoor access. Centrally located in the heart of Canarsie, and in the coveted Paerdegat community, 1002 E. 80th Street is an ideal investment property with tons of possibilities. Estimated projected annual income of $78,000 and 7% CAP Rate.Surrounded by a vast array of shopping, restaurants and architecture, Canarsie offers convenience and variety of the city, while remaining the quality suburban community. You will live in spacious comfort in Brooklyn while collecting on your investment. Just a few blocks away from trains and buses for an easy commute to Manhattan. Everything you need at your fingertips. We co-broke, bring your buyers, guaranteed to not last long!

Last Agent to Sell the Property

Erica Nieves-Negron

Corcoran Group License #10401286753 Listed on: 03/02/2018

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,315

Year Built

  • Built in 1970

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Units
  • Canarsie Subdivision

Listing and Financial Details

  • Tax Block 8029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,315

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Canarsie
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 7

Building Info

  • Units: 2
  • Year Built: 1970

Tax Info

  • Tax Block: 8029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jul 9, 2018
Sold by
Bryan Sybil A and Williams Sybil A
Bought by
Ali Abdo
Seller's Agent
Erica Nieves-Negron
Corcoran Group
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,180,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,308
Avg. Annual Appreciation
2.37%
Original Mortgage
$530,000
Outstanding Balance
$458,361
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$721,947
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ali Abdo $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Abdo $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $995,000 0.0% $305 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $995,000 -- $305 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,315 $57,360 $25,140 $32,220
2024 $10,315 $64,560 $25,140 $39,420
2023 $10,430 $64,020 $25,140 $38,880
2022 $10,097 $63,960 $25,140 $38,820
2021 $10,041 $62,640 $25,140 $37,500
2020 $7,531 $44,460 $25,140 $19,320
2019 $8,953 $44,460 $25,140 $19,320
2018 $8,724 $42,798 $18,077 $24,721
2017 $8,592 $42,147 $22,757 $19,390
2016 $7,949 $39,762 $24,536 $15,226
2015 $4,796 $37,512 $20,552 $16,960
2014 $4,796 $35,665 $17,216 $18,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10058685

Real Estate Board of New York (REBNY)

APN: 08029-0029