NOT LISTED FOR SALE

1316 Avenue L Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,401,000 - $1,657,081

-- Bed
3 Baths
2,382 Sq Ft
$648/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $1,225,000 $514 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,135/month

Highlights

  • Wood Flooring
  • 4-minute walk to Avenue M
  • Community Storage Space
  • Multiple cooling system units
  • Heating System Uses Steam
  • Back Yard

About This Home

As of August 2021

This 2 family home is the perfect combination of versatility, size and location. Built 20×62 on a 25×100 lot .
2 spacious 3 bedroom apartments that have been meticulously maintained both with eat kitchens and a finished basement with a separate entrance. The extra wide shared driveway leads to ample parking spaces in the back.
Aggressively priced don't miss your chance!
This property is perfect for end users or investors or convert to massive one family.

Last Agent to Sell the Property

Daniel Sosani

Listed on: 12/30/2020

Last Buyer's Agent

Daniel Sosani

Listed on: 12/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,913

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Electric Water Heater

Additional Features

  • Dryer
  • Finished Basement

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 6733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,913

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1240
  • Building Length: 62.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: EAST 13
  • Cross Street Name2: EAST 14
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer
  • Street Name I D X: Avenue L
  • Street Number I D X: 1316
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Block
  • Lot Number: 6
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Electric

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Aug 2, 2021
Sold by
Bryan Barenbaum As Trustee
Bought by
Chaifetz Avrohom Y and Fine Chaya S
Seller's Agent
Daniel Sosani
Buyer's Agent
Daniel Sosani
Sold Price
$1,225,000
Current Estimated Value
$1,544,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,020
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,037,000
Outstanding Balance
$944,987
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$646,786

Purchase Details

Closed on
Sep 29, 2014
Sold by
Barenbaum Zipporah
Bought by
Zrb Irrevocable Trust and Papa Trustee, Chana Sosi
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chaifetz Avrohom Y $1,220,000 --
Zrb Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaifetz Avrohom Y $1,037,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $1,225,000 -- $514 / Sq Ft
12/30/2020 12/30/20 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 $10,913 $90,840 $24,960 $65,880
2024 $10,913 $86,520 $24,960 $61,560
2023 $10,410 $89,100 $24,960 $64,140
2022 $10,233 $76,320 $24,960 $51,360
2021 $10,706 $67,260 $24,960 $42,300
2020 $5,021 $67,800 $24,960 $42,840
2019 $9,472 $67,860 $24,960 $42,900
2018 $8,707 $42,715 $18,863 $23,852
2017 $8,707 $42,715 $15,345 $27,370
2016 $8,475 $42,393 $18,902 $23,491
2015 $4,640 $39,994 $23,811 $16,183
2014 $4,640 $37,731 $24,110 $13,621
Source: Public Records

Agents Affiliated with this Home

  • Daniel Sosani

    Seller's Agent in 2021

    Daniel Sosani

    (718) 915-6892

    16 in this area

    29 Total Sales

    Daniel Sosani
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446140

Brooklyn Board of REALTORS®

APN: 06733-0006

New York Kings County Brooklyn 11230 Midwood

1316 Avenue L, Brooklyn, NY

This home is located at 1316 Avenue L, Brooklyn, NY 11230 since 30 December 2020 and is currently estimated at $1,544,020, approximately $648 per square foot. 1316 Avenue L is a home located in Kings County with nearby schools including P.S. 199 - Frederick Wachtel, Andries Hudde School, and Yeshiva Ohr Shraga Veretzky.

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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