NOT LISTED FOR SALE

Estimated Value: $1,754,109 - $2,128,000

8 Beds
3.5 Baths
4,725 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2023

Last sale price $1,600,000 $339 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,108 / mo

Highlights

  • 3,600 Sq Ft lot
  • Colonial Architecture
  • 4 Car Detached Garage
  • P.S. 176 Ovington Rated A
  • Wood Flooring
  • Porch

About This Home

As of September 2023

Welcome to an exceptional opportunity to own a spacious fully detached legal 3-family home located in the highly sought-after neighborhood of Dyker Heights, Brooklyn. This property, which has not been on the market for over 40 years, boasts a rare 36x100 lot size and a multi-level 24x55 layout offering over 3500 SQFT of living space.

The flexible floor plan allows for a variety of living arrangements to accommodate all your needs. While there have been some recent renovations, the home could benefit from some cosmetic updates to unleash its full potential. Upon entering, you'll be impressed by the spaciousness and possibilities of this unique property.

The first level features a large living room and dining room, an eat-in kitchen, three bedrooms, and a recently renovated full bath. The second level offers three large bedrooms, a large living room, an eat-in kitchen, a recently renovated full bath, an additional bonus/office room, and a huge private balcony. The third level includes two bedrooms, a large living room, a recently renovated eat-in kitchen, and a full bath.

The huge full semi-finished basement has high 8ft ceilings, a separate entrance, and an additional half bath, providing endless possibilities. And to top it off, this property comes with a fully detached 3-car garage, eliminating the stress of parking in a busy neighborhood.

This property is perfect for investors looking to capitalize on unlimited rental potential or for a large family seeking additional rental income. It's conveniently located near shopping, dining, transportation, and highly rated schools. You'll have easy access to the D and N trains and all local and express buses.

This is a great opportunity to make this wonderful family home your own. While being sold in "AS-IS" condition, some updating, design, and personal touches could transform this property into your dream home. Don't miss out on this incredible investment opportunity. Call today!

Last Agent to Sell the Property

Bruno Papalia

BHHS Fillmore R.E. Listed on: 03/14/2023

BHHS Fillmore R.E.

Co-Listed By

Giuseppe Papalia

BHHS Fillmore R.E.

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,181

Year Built

  • Built in 1925

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 100 x 36

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Split Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6156

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • 3 Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,181

Year Built

Built in 1925

Lot Details

3,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 54.00
  • Building Width: 24.00
  • Co List Office Mls Id: 1112114
  • Co List Office Phone: (718) 259-1600
  • Confirmed By M L S Y N: Yes
  • Cross Street: 14th Ave
  • Cross Street Name2: 13th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Number Of Available Units: 3
  • Number Of Families: 3
  • Parking Attributes: 4 Spaces, Detached Garage, Other
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Central Air - Split, Laundry Area, Porch
  • Rooms Total Level3: 4
  • Building Stories: 3
  • Street Name I D X: 70th
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 3600

Exterior Features

  • Yard: Other
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 65
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 2
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 36
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 10181.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Sep 25, 2023
Sold by
Papalia Bruno and Papalia Claudio
Bought by
Management 4912 Inc
Seller's Agent
Bruno Papalia
BHHS Fillmore R.E.
Buyer's Agent
NON MEMBER
List Price
$1,988,888
Sold Price
$1,600,000
Premium/Discount to List
-$388,888
-19.55%
Views
16
Current Estimated Value
$1,936,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,027
Avg. Annual Appreciation
7.73%
Original Mortgage
$1,000,000
Outstanding Balance
$978,737
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$957,290

Purchase Details

Closed on
Nov 6, 2018
Sold by
Papalia Bruno and Papalia Claudio
Bought by
Papalia Bruno and Papalia Claudio

Purchase Details

Closed on
Jun 8, 2018
Sold by
Papalia Giuseppe and Papalia Rosa
Bought by
Papalia Bruno and Papalia Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,649
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Management 4912 Inc $1,600,000 --
Management 4912 Inc $1,600,000 --
Management 4912 Inc $1,600,000 --
Papalia Bruno -- --
Papalia Bruno -- --
Papalia Bruno -- --
Papalia Bruno -- --
Papalia Bruno -- --
Papalia Bruno -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Management 4912 Inc $1,000,000
Closed Management 4912 Inc $1,000,000
Previous Owner Papalia Bruno $525,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $1,600,000 -15.3% $339 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,888,888 0.0% $400 / Sq Ft
04/10/2023 04/10/23 Price Changed $1,888,888 -5.0% $400 / Sq Ft
03/14/2023 03/14/23 For Sale $1,988,888 -- $421 / Sq Ft
03/14/2023 03/14/23 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 $10,967 $106,320 $30,960 $75,360
2024 $10,967 $106,320 $30,960 $75,360
2023 $10,194 $109,020 $30,960 $78,060
2022 $10,013 $98,940 $30,960 $67,980
2021 $10,456 $94,740 $30,960 $63,780
2019 $9,226 $84,600 $30,960 $53,640
2018 $3,723 $42,996 $14,850 $28,146
2017 $8,119 $42,996 $13,849 $29,147
2016 $5,337 $42,577 $18,493 $24,084
2015 $2,986 $40,185 $26,166 $14,019
2014 $2,986 $37,920 $23,956 $13,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472527

Brooklyn Board of REALTORS®

APN: 06156-0065

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