Seller's Agent in 2024
Darrell Williams
Compass
(267) 234-4084
1 in this area
23 Total Sales
115 Sutter Ave Brooklyn, NY 11212
Brownsville NeighborhoodEstimated Value: $543,075 - $893,000
2
Beds
1
Bath
1,116
Sq Ft
$612/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Breakfast Bar
- No Heating
- No HOA
About This Home
As of July 2024Residential Development Opportunity!
Prime development opportunity for investors looking to tap into the Brownsville market. The 4,256 Sq Ft lot allows for an approximate buildable sq ft of 10,342 Sq Ft. A single-family residence sits on the site at the moment, which will be delivered vacant upon closing.
The enlarged lot size of 28 × 152 is a great opportunity to build an approximate 6-story building with 10+ residential units. Zoning for the property is R6, C1-3, with a FAR of 2.43 and 4.8 for community facilities. Additionally, the property is situated in an investment opportunity zone (OPZ), offering potential benefits.
This potential development is conveniently located near restaurants, schools, and parks and between Saratoga Ave and Sutter Ave-Rutland Rd subway stations(3 train). You'll find new developments planned along the changing corridor.
Please check with your architect to verify zoning requirements.
Zoning: R6, C1-3
FAR: 2.43
LOT SQFT: 4,256
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,128
Year Built
- Built in 1986
Lot Details
- Lot Dimensions are 28.000000x152.000000
Parking
- Private Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,116 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Breakfast Bar
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Brownsville Subdivision
Listing and Financial Details
- Legal Lot and Block 84 / 03514
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2024
Closed on
Jul 24, 2024
Sold by
Garrett Sylvester
Bought by
Legion Residence Llc
Seller's Agent
Darrell Williams
Compass
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,731
Avg. Annual Appreciation
-10.51%
Original Mortgage
$4,372,000
Outstanding Balance
$4,314,585
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$3,631,316
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Legion Residence Llc | $800,000 | -- | |
| Legion Residence Llc | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Legion Residence Llc | $4,372,000 | |
| Closed | Legion Residence Llc | $4,372,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $800,000 | +6.7% | $717 / Sq Ft |
| 03/23/2024 03/23/24 | Pending | -- | -- | -- |
| 02/24/2024 02/24/24 | For Sale | $750,000 | -- | $672 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $5,228 | $31,680 | $17,220 | $14,460 |
| 2024 | $5,228 | $30,300 | $17,220 | $13,080 |
| 2023 | $4,183 | $31,920 | $17,220 | $14,700 |
| 2022 | $3,974 | $26,700 | $17,220 | $9,480 |
| 2021 | $2,392 | $27,060 | $17,220 | $9,840 |
| 2020 | $2,392 | $27,840 | $17,220 | $10,620 |
| 2019 | $4,488 | $27,720 | $17,220 | $10,500 |
| 2018 | $4,098 | $21,565 | $10,916 | $10,649 |
| 2017 | $4,096 | $21,565 | $13,939 | $7,626 |
| 2016 | $3,968 | $21,400 | $15,668 | $5,732 |
| 2015 | $2,234 | $20,189 | $12,799 | $7,390 |
| 2014 | $2,234 | $19,047 | $10,253 | $8,794 |
Source: Public Records
Agents Affiliated with this Home
-
Darrell Williams
-
Michael Bhagwandin
Seller Co-Listing Agent in 2024
Michael Bhagwandin
Find Properties
(917) 903-3843
1 in this area
28 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10942466
APN: 03514-0084
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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
Nearby Homes
- 121 Legion St
- 589 Saratoga Ave
- 53 Legion St
- 45 Legion St
- 637 Saratoga Ave
- 124 Herzl St
- 96 Herzl St
- 31 Tapscott St
- 671 Saratoga Ave
- 675 Saratoga Ave
- 687 Saratoga Ave
- 2087 Union St
- 2041 Strauss St
- 1814 Saint Johns Place Unit B4
- 79 Amboy St
- 1585 Pitkin Ave
- 601 Thomas S Boyland St
- 1830 Sterling Place
- 267 Legion St
- 1655 Lincoln Place
- 117 Sutter Ave
- 119 Sutter Ave
- 121 Sutter Ave
- 123 Sutter Ave
- 95 Legion St
- 95 Legion St Unit 4-A2
- 95 Legion St Unit 4-A
- 95 Legion St Unit 3-A
- 95 Legion St Unit 4-B
- 95 Legion St Unit 1-B
- 95 Legion St Unit 1-A
- 95 Legion St Unit 2-B
- 95 Legion St Unit 2a
- 95 Legion St Unit 3b
- 95 Legion St Unit 2F
- 125 Sutter Ave
- 127 Sutter Ave
- 93 Legion St
- 129 Sutter Ave
- 588 Saratoga Ave