NOT LISTED FOR SALE

1087 Linden Blvd Brooklyn, NY 11212

East Flatbush Neighborhood

Estimated Value: $652,433

Studio
-- Bath
1,600 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $560,000 $350 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,604/month

About This Home

As of January 2019

INVESTOR SPECIAL! Mix-use 1 Family & Store Plus A Full Finished Basement! Tenants Pay Their Own Utilities Coupled w/ Super Low Expenses Equals A Great Return On Investment! As It Is Right Now, You Will Get A Minimum 6% Return On Your Investment. Store Has Been Newly Renovated And Is Currently Used As Barber Shop. 2nd Floor Has A 2 Bedroom Apartment w/ Living Room, Kitchen & Full Bath. Excellent Investment Location Near Brookdale Hospital & All Stores On Linden Blvd & Church Ave. Priced For Immediate Sale! Owner Ready To Hear All Qualified Offers! Please Present All Offers w/ Pre Approval Letter & Proof Of Funds.

Last Agent to Sell the Property

Jose Paucar

Re/Max Central Listed on: 07/25/2018

Last Buyer's Agent

William Crepeault

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1931

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 40x40x55
  • Irregular Lot
  • Back Yard
  • Property is zoned R6

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Insurance Expense $1,500
  • Gross Income $39,600
  • Net Operating Income $33,832

Listing and Financial Details

  • Tax Block 4690

Property Details

Property Type

Other

Est. Annual Taxes

$2,468

Year Built

Built in 1931

Lot Details

2,200 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 41.00
  • Building Width: 40.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 93rd Street
  • Cross Street Name2: East 94th Street
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1600
  • Building Stories: 2
  • Street Name I D X: Linden
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2200

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 8
  • Roof: Flat

Utilities

  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 40x40x55
  • Lot Size Irregular: Yes
  • Lot Size Length: 55
  • Lot Size Width: 40
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 5768.00
  • Annual Gross Income: 39600
  • Insurance Expense: 1500.00
  • Property Net Operating Income: 33832.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 2468.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Jan 18, 2019
Sold by
Newell Geraldine and Newell James C
Bought by
Glancy Michael
Seller's Agent
Jose Paucar
Re/Max Central
Buyer's Agent
William Crepeault
Sold Price
$560,000
Current Estimated Value
$652,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,433
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Jun 18, 2003
Sold by
Newell James C
Bought by
Newell Geraldine and Newell James C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glancy Michael $560,000 --
Glancy Michael $560,000 --
Glancy Michael $560,000 --
Newell Geraldine -- --
Newell Geraldine -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $560,000 -- $350 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $2,918 $45,480 $10,800 $34,680
2024 $2,918 $46,140 $10,800 $35,340
2023 $2,951 $40,800 $10,800 $30,000
2022 $2,731 $32,040 $10,800 $21,240
2021 $2,852 $28,860 $10,800 $18,060
2020 $1,368 $22,140 $10,800 $11,340
2019 $2,533 $19,260 $10,800 $8,460
2018 $2,468 $12,108 $6,174 $5,934
2017 $2,449 $12,014 $6,573 $5,441
2016 $2,266 $11,336 $7,447 $3,889
2015 $1,367 $10,695 $8,055 $2,640
2014 $1,367 $10,090 $6,463 $3,627
Source: Public Records

Agents Affiliated with this Home

  • Jose Paucar

    Seller's Agent in 2019

    Jose Paucar

    RE/MAX

    (917) 440-8360

    55 Total Sales

    Jose Paucar
    Section Image

  • W

    Buyer's Agent in 2019

    William Crepeault

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422335

Brooklyn Board of REALTORS®

APN: 04690-0008

New York Kings County Brooklyn 11212 East Flatbush

1087 Linden Blvd, Brooklyn, NY

Not Listed for Sale

Other

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