NOT LISTED FOR SALE

Estimated Value: $801,376

-- Bed
-- Bath
800 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $700,000 $875 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,681/month

Highlights

  • 6 Car Detached Garage
  • Private Driveway
  • 1-minute walk to Amersfort Park
  • Heating System Uses Steam
  • Back Yard

About This Home

As of March 2020

Great Development Opportunity! Busy Flatbush Avenue Location! Well kept mixed use property with office space on first floor (five rooms) and full bath. The apartment above has central air, new floors and a full bath. The zoning allows to add 3,400 square feet to building, private parking for 10 vehicles plus 2 car garage. Perfect for Dr's office, Day Care, and many other uses. It's a real gem! FAR 1.25, R5 zoning, 40 x 100 property

Last Agent to Sell the Property

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 10/09/2019

MadisonEstates Sothebys Realty

Last Buyer's Agent

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 10/09/2019

MadisonEstates Sothebys Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,045

Year Built

  • Built in 1931

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Concrete Wall
  • Ceiling height between 8 to 10 feet
  • Unfinished Basement

Parking

  • 6 Car Detached Garage
  • Private Driveway
  • Parking Lot

Utilities

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

Listing and Financial Details

  • Tax Block 7619

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,800
  • Insurance Expense $1,100

Property Details

Property Type

Other

Est. Annual Taxes

$5,045

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue J
  • Cross Street Name2: Flatbush Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 800
  • Building Stories: 2
  • Street Name I D X: 37
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Other
  • Lot Sq Ft: 4000
  • Walls: Poured Concrete

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 11
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Equipment Included: Private Parking For 10 Vehicles Plus 2 Car Garage
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R5

Multi Family

  • Insurance Expense: 1100.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5045.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 17, 2020
Sold by
1255 East 37 Street Llc
Bought by
Bhuiyan Mohamad
Seller's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Buyer's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Sold Price
$700,000
Current Estimated Value
$801,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,376
Avg. Annual Appreciation
2.44%
Original Mortgage
$525,000
Outstanding Balance
$464,076
Interest Rate
3.4%
Mortgage Type
Unknown
Estimated Equity
$337,300

Purchase Details

Closed on
Nov 17, 2015
Sold by
Covati As Sole Heir Melody
Bought by
1255 East 37 Street Llc

Purchase Details

Closed on
Nov 14, 2011
Sold by
Napolitano Irene
Bought by
Napolitano Lawrence and Napolitano Lorenzo

Purchase Details

Closed on
Jan 28, 2008
Sold by
Estate Of Louis Napolitano
Bought by
Napolitano Irene
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
Bhuiyan Mohamad $700,000 --
1255 East 37 Street Llc $590,000 --
Napolitano Lawrence -- --
Napolitano Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuiyan Mohamad $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2020 03/17/20 Sold $700,000 -- $875 / Sq Ft
10/09/2019 10/09/19 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 $5,592 $34,920 $11,940 $22,980
2024 $5,592 $27,840 $11,940 $15,900
2023 $5,545 $32,400 $11,940 $20,460
2022 $5,381 $29,760 $11,940 $17,820
2021 $5,527 $28,860 $11,940 $16,920
2020 $2,592 $34,020 $11,940 $22,080
2019 $5,045 $35,820 $11,940 $23,880
2018 $4,638 $22,752 $6,450 $16,302
2017 $4,579 $22,464 $6,825 $15,639
2016 $4,375 $21,887 $7,977 $13,910
2015 $2,556 $20,649 $9,031 $11,618
2014 $2,556 $20,097 $10,552 $9,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 433916

Brooklyn Board of REALTORS®

APN: 07619-0011