NOT LISTED FOR SALE

1118 60th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $946,146 - $1,781,000

-- Bed
-- Bath
2,000 Sq Ft
$641/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $900,000 $450 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,503/month

Highlights

  • Back Yard
  • The Seeall Academy Rated A
  • 4-minute walk to Fort Hamilton Parkway (N Line)

About This Home

As of August 2021

It's a good time to make your dream come true---a 20' wide two-family in Prime Boro-Park. This currently gutted out and ready for your architect to renovate it into a beautiful two-family mansion, or to reposition it is as an investment with 2-4 units on one of the sought after streets in NYC. FOR DEVELOPERS, the building sits on a 20'x100' lot in M1-1 (FAR of 1 for commercial, FAR of 2-4 for facility) for a total of 2,000 buildable square feet. Please verify with architect. This is a CASH DEAL & BUY AS IS!

Last Agent to Sell the Property

Kevin Lam

Momentum Real Estate LLC Listed on: 05/17/2021

Co-Listed By

Kunheng Cao

Momentum Real Estate LLC

Last Buyer's Agent

Jessica Peng

RE/MAX Real Estate Professiona

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Poured Concrete
  • Vinyl Siding

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1140
  • Building Length: 57.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117771
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: 11th Ave
  • Cross Street Name2: 12th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: None
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: 60th
  • Street Number I D X: 1118
  • Special Features: None

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 14
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: None
  • Hot Water: None

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: M1-1

Tax Info

  • Flip Tax Amount: 4588.35

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 27, 2021
Sold by
1118 60Th Street Inc
Bought by
Yang Jing Yun
Seller's Agent
Kevin Lam
Momentum Real Estate LLC
Buyer's Agent
Jessica Peng
RE/MAX Real Estate Professiona
Sold Price
$900,000
Current Estimated Value
$1,281,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,287
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Oct 29, 2015
Sold by
6015 Realty Corp
Bought by
1118 60Th Street Inc

Purchase Details

Closed on
Jan 4, 1995
Sold by
Kafkalas John
Bought by
6015 Realty Corp
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
Yang Jing Yun $900,000 --
1118 60Th Street Inc $520,000 --
6015 Realty Corp -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1118 60Th Street Inc $275,000
Previous Owner 1118 60Th Street Inc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $900,000 -- $450 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $4,960 $33,660 $15,600 $18,060
2024 $4,960 $32,160 $15,600 $16,560
2023 $4,811 $28,440 $15,600 $12,840
2022 $4,584 $23,280 $15,600 $7,680
2021 $4,558 $21,660 $15,600 $6,060
2020 $3,419 $20,580 $15,600 $4,980
2019 $4,305 $20,580 $15,600 $4,980
2018 $4,024 $19,740 $15,600 $4,140
2017 $4,019 $19,716 $15,581 $4,135
2016 $3,718 $18,600 $15,600 $3,000
2015 $2,568 $18,600 $15,600 $3,000
2014 $2,568 $18,600 $15,600 $3,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Lam

    Seller's Agent in 2021

    Kevin Lam

    Momentum Real Estate LLC

    (347) 605-6073

    4 in this area

    126 Total Sales

    Kevin Lam
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kunheng Cao

    Momentum Real Estate LLC

    (347) 741-4849

    3 in this area

    30 Total Sales

    Kunheng Cao
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Peng

    RE/MAX

    (917) 353-3920

    6 in this area

    55 Total Sales

    Jessica Peng
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451128

Brooklyn Board of REALTORS®

APN: 05717-0014

New York Kings County Brooklyn 11219 Borough Park

1118 60th St, Brooklyn, NY

This home is located at 1118 60th St, Brooklyn, NY 11219 since 17 May 2021 and is currently estimated at $1,281,287, approximately $640 per square foot. 1118 60th St is a home located in Kings County with nearby schools including The Seeall Academy, Junior High School 227 Edward B Shallow, and Franklin Delano Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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