NOT LISTED FOR SALE

1245 65 St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $676,000 - $2,388,000

-- Bed
6.5 Baths
3,780 Sq Ft
$463/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $1,999,000 $529 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $11,336/month

Highlights

  • Wood Flooring
  • Terrace
  • Heating System Uses Steam
  • P.S. 176 Ovington Rated A
  • Multiple cooling system units
  • Private Driveway

About This Home

As of September 2021

Introducing a newly construction 3 family brick house in Dyker Heights. The property is an excellent investment for both end users and investors. Lot size is 30x100, building size is 21x60. Each apartment features 3 bedrooms and 2 full baths. 1st floor apartment has interior stairs to the finished basement and an additional half bathroom. The basement has front and rear exits. Each unit has separate heat and hot water systems with split air conditioning units and its own washer/dryer hookup. There are balconies on the rear of the second and third floor apartments. Each kitchen is accented with granite counters. Pristine hardwood floors throughout. Private driveway can fit 5 cars. Ideal location to transportation, shops and top rated schools including IS 187 and PS 176.

Now is a good time to do a 1031 exchange on a property you own in order to take advantage of low interest rates and own a new construction property.

Last Agent to Sell the Property

Jin Xiu Li Chen

Century 21 Realty First Listed on: 07/27/2020

Century 21 Realty First

Last Buyer's Agent

Eva Da

RE/MAX Edge License #10401302086

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,137

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,780 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Parking

  • 5 Parking Spaces
  • Private Driveway

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5746

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,137

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1260
  • Building Length: 60.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 12th Avenue
  • Cross Street Name2: 13th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 5 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Stove, Terrace
  • Fill Sq Ft Total: 3780
  • Street Name I D X: 65
  • Street Number I D X: 1245
  • Building Style: Duplex
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 60
  • Roof: Pitched, Shingle

Utilities

  • Air Conditioning Units: 3
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R5B

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 8, 2021
Sold by
1245 65Th Llc
Bought by
Kong Weibin and Wei Hongge
Seller's Agent
Jin Xiu Li Chen
Century 21 Realty First
Buyer's Agent
Eva Da
RE/MAX Edge
Sold Price
$1,999,000
Current Estimated Value
$1,748,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,210
Avg. Annual Appreciation
1.90%
Original Mortgage
$1,580,000
Outstanding Balance
$1,447,051
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$706,093

Purchase Details

Closed on
Aug 6, 2019
Sold by
Farina Kenneth Patrick and Farina Robert Edward
Bought by
1245 65Th Llc

Purchase Details

Closed on
Dec 28, 2012
Sold by
Farina Anne Judy
Bought by
Farina Kenneth Patrick and Farina Robert Edward
Source: Public Records

Range of Values:

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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
Kong Weibin $2,035,481 --
1245 65Th Llc $2,125,000 --
Farina Kenneth Patrick -- --
Farina Judy Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Weibin $1,580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $1,999,000 -- $529 / Sq Ft
07/27/2020 07/27/20 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 $21,137 $163,920 $22,680 $141,240
2024 $21,137 $129,480 $22,680 $106,800
2023 $20,163 $114,420 $22,680 $91,740
2022 $18,697 $93,660 $22,680 $70,980
2021 $4,956 $30,240 $30,240 $0
2020 $4,666 $94,260 $30,240 $64,020
2019 $5,846 $94,260 $30,240 $64,020
2018 $5,404 $26,512 $10,318 $16,194
2017 $5,113 $25,081 $11,523 $13,558
2016 $5,014 $25,081 $10,758 $14,323
2015 $2,854 $24,657 $13,863 $10,794
2014 $2,854 $23,288 $14,736 $8,552
Source: Public Records

Agents Affiliated with this Home

  • Jin Xiu Li Chen

    Seller's Agent in 2021

    Jin Xiu Li Chen

    Century 21 Realty First

    (917) 637-9128

    2 in this area

    25 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Eva Da

    RE/MAX Edge

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440906

Brooklyn Board of REALTORS®

APN: 05746-0060

New York Kings County Brooklyn 11219 Borough Park

1245 65 St, Brooklyn, NY

This home is located at 1245 65 St, Brooklyn, NY 11219 since 27 July 2020 and is currently estimated at $1,748,790, approximately $462 per square foot. 1245 65 St is a home located in Kings County with nearby schools including P.S. 176 Ovington, 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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