NOT LISTED FOR SALE

1231 41st St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,909,000 - $2,297,370

Studio
3 Baths
3,600 Sq Ft
$569/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2018

Last sale price $1,299,000 $361 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,124 / mo

Highlights

  • Heating System Uses Steam
  • Private Driveway
  • Back and Front Yard
  • P.S. 230 Doris L Cohen Rated A-

About This Home

As of May 2018

3 FAMILY ATTACHED HOME IN BORO-PARK WITH 1 PARKING SPACE IN PRIVATE DRIVEWAY. R6 ZONING!!! FIRST FLOOR: (VACANT): LIVING ROOM, KITCHEN, 1 BEDROOM, 3.4 BATH. SECOND FLOOR: (VACANT): LIVING ROOM, KITCHEN, 1 BEDROOM, FULL BATH. THIRD FLOOR: (VACANT): LIVING ROOM, KITCHEN, 2 BEDROOMS, FULL BATH. FEATURES: FRONT AND BACK YARD, FULL UNFINISHED BASEMENT WITH CELLAR. LOT: 20x100. BUILDING: 20x40. APPROX BUILDING SQ FT: 3,600. ANNUAL TAXES: 5,124. EST. ANNUAL INSURANCE: $1,800. EST. ANNUAL WATER: $898. EST ANNUAL FUEL: $2,375. YR BUILT: 1901. ZONING: R6. STORIES: 3.

Last Agent to Sell the Property

Vince Blandino

Listed on: 12/11/2017

Last Buyer's Agent

Vince Blandino

Listed on: 12/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1901

Lot Details

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

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Linoleum Flooring
  • Unfinished Basement
  • Basement Cellar

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 110 Volts

Listing and Financial Details

  • Tax Block 5589

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,375
  • Insurance Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,124

Year Built

Built in 1901

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar, Unfinished
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 12th Ave
  • Cross Street Name2: 13th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 3600
  • Building Stories: 3
  • Street Name I D X: 41
  • Year Built: 1901
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Linoleum
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Stone
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 2375.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5124.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
May 18, 2018
Sold by
Montefinese Madeline and Montefinese Vincenzo
Bought by
Ornstein Mendel and Ornstein Miriam
Seller's Agent
Vince Blandino
Buyer's Agent
Vince Blandino
Sold Price
$1,299,000
Current Estimated Value
$2,047,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,093
Avg. Annual Appreciation
5.91%
Original Mortgage
$900,000
Outstanding Balance
$776,708
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,270,385
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ornstein Mendel $1,299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornstein Mendel $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $1,299,000 -- $361 / Sq Ft
12/11/2017 12/11/17 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 $14,357 $141,600 $20,040 $121,560
2024 $14,357 $113,940 $20,040 $93,900
2023 $14,458 $139,800 $20,040 $119,760
2022 $13,854 $114,420 $20,040 $94,380
2021 $14,251 $95,880 $20,040 $75,840
2019 $5,621 $61,800 $20,040 $41,760
2018 $5,429 $26,630 $9,402 $17,228
2017 $5,112 $25,137 $9,455 $15,682
2016 $1,752 $23,736 $8,674 $15,062
2015 $991 $23,736 $9,340 $14,396
2014 $991 $22,394 $10,575 $11,819
Source: Public Records

Agents Affiliated with this Home

  • Vince Blandino

    Seller's Agent in 2018

    Vince Blandino

    (917) 453-1795

    29 Total Sales

    Vince Blandino
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416621

Brooklyn Board of REALTORS®

APN: 05589-0067

New York Kings County Brooklyn 11218 Borough Park

1231 41st St, Brooklyn, NY

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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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