NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $1,470,000

5 Beds
3 Baths
3,120 Sq Ft
$454/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,237,000 $396 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,078/month

176 Days on Market

About This Home

As of June 2020

1270 74th Street is a classic two-family limestone home in Dyker Heights that has been in the same family for 46 years. Sitting on a 20x100 lot, this home features a 3 bedroom apartment on the top floor over a 2 bedroom apartment on the first floor, which also connects to a fully finished basement. The basement has a separate front entrance and access to the backyard. Bay windows and skylights allow for plenty of sunlight throughout both units, while closets and storage are plenty. Great pride has been taken in maintaining the home including replacing windows in the front and back of the home, a new boiler last year, rubberized roof, and new water lines from the street with new sewage lines. 1270 74th Street is surrounded by the conveniences and amenities that Dyker Heights has to offer. There are plenty of shops on 13th Avenue around the corner, banks, schools, playgrounds, houses of worship, Dyker Beach Golf Course are all within close proximity. Public transportation nearby includes the D train, access to N, Q, W the B4, B64 bus, as well as express buses. The home will be delivered vacant but there are tenants in place that can stay as well.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,858

Year Built

  • Built in 1915

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • Dyker Heights Subdivision

Listing and Financial Details

  • Tax Block 6210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,858

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: 13th Avenue & 12th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Dyker Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 6210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jun 19, 2020
Sold by
Avallone As Heir Maria Alba and Bove As Heir Gabrielle Marie
Bought by
Nicole Zheng Li Hong and Zheng Li Ling
List Price
$1,250,000
Sold Price
$1,237,000
Premium/Discount to List
-$13,000
-1.04%
Current Estimated Value
$1,415,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,532
Avg. Annual Appreciation
2.55%
Original Mortgage
$927,750
Outstanding Balance
$820,560
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$594,972

Purchase Details

Closed on
Feb 23, 2011
Sold by
Martino Libby
Bought by
Avallone Maria Alba and Martino Frank

Purchase Details

Closed on
Jun 15, 2010
Sold by
Martino Libby
Bought by
Frank Martino Trustee and Martino Family 2010 Irrevocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nicole Zheng Li Hong $1,237,000 --
Avallone Maria Alba -- --
Martino Libby -- --
Frank Martino Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicole Zheng Li Hong $927,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $1,237,000 -1.0% $396 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $1,250,000 -- $401 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,858 $83,820 $24,600 $59,220
2024 $7,858 $87,660 $24,600 $63,060
2023 $7,509 $91,020 $24,600 $66,420
2022 $7,038 $85,380 $24,600 $60,780
2021 $7,057 $84,000 $24,600 $59,400
2020 $6,439 $70,140 $24,600 $45,540
2019 $6,161 $70,140 $24,600 $45,540
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10628170

Real Estate Board of New York (REBNY)

APN: 06210-0035