NOT LISTED FOR SALE

Estimated Value: $978,000 - $1,044,950

5 Beds
3 Baths
1,900 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $750,000 $395 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,094/month

Highlights

  • Wood Flooring
  • Garden
  • Hot Water Heating System
  • Fenced Yard
  • Multiple cooling system units
  • 1-minute walk to Woods Playground

About This Home

As of December 2019

Two Family in Crown Heights for Investors for rental income generation for an end user opportunity.

Two family semi-detached townhouse abuts an empty lot.

Rochester is a 19x100 property / 19x50 building for 1900 Sf usage interior sf plus semi finished basement.

According to the public records "The building on the a lot is smaller than the Maximum FAR noted as 2.43 for maximum 4614 usable floor area (1900x2.43=4617).

It may be possible to add to the building (either more floors or an extension) or it may be possible to sell the air rights to a developer who owns a nearby lot.

Note: other factors may limit what you can do, consult with an architect to confirm the possibilities.

Last Agent to Sell the Property

Greg Donato

RE/MAX Edge License #30DO1148147 Listed on: 12/11/2018

RE/MAX Edge

Last Buyer's Agent

Greg Donato

RE/MAX Edge License #30DO1148147 Listed on: 12/11/2018

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,566

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Fenced Yard
  • Garden
  • Back Yard

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Stove
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Fuel Expense $2,000

Listing and Financial Details

  • Tax Block 1356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,566

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Utica Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden, Refrigerator, Stove
  • Fill Sq Ft Total: 1900
  • Building Stories: 2
  • Street Name I D X: Rochester
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 1900

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Siding, Other
  • Foundation Details: Stone
  • Lot Number: 5
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: B9

Tax Info

  • Flip Tax Amount: 4566.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Dec 13, 2019
Sold by
Martinez Danilo
Bought by
Jones Tiani and Tabbakh Tarik
Seller's Agent
Greg Donato
RE/MAX Edge
Buyer's Agent
Greg Donato
RE/MAX Edge
Sold Price
$750,000
Current Estimated Value
$1,082,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,891
Avg. Annual Appreciation
4.91%
Original Mortgage
$946,275
Outstanding Balance
$843,118
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$162,370

Purchase Details

Closed on
Mar 16, 2005
Sold by
New Home Express Inc
Bought by
Martinez Danilo

Purchase Details

Closed on
Oct 25, 2004
Sold by
Young Esq Alan
Bought by
New Homes Express Inc

Purchase Details

Closed on
Feb 21, 2001
Sold by
Marks Errol
Bought by
Pelzer Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Tiani $787,500 --
Jones Tiani $787,500 --
Jones Tiani $787,500 --
Martinez Danilo -- --
Martinez Danilo -- --
New Homes Express Inc -- --
New Homes Express Inc -- --
Pelzer Philip -- --
Pelzer Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Tiani $946,275
Closed Jones Tiani $946,275
Previous Owner Pelzer Philip $238,500
Closed New Homes Express Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $750,000 -- $395 / Sq Ft
12/11/2018 12/11/18 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 $5,576 $60,420 $19,020 $41,400
2024 $5,576 $57,780 $19,020 $38,760
2023 $5,320 $55,860 $19,020 $36,840
2022 $4,933 $57,120 $19,020 $38,100
2021 $5,103 $51,960 $19,020 $32,940
2020 $2,536 $52,560 $19,020 $33,540
2019 $4,840 $52,680 $19,020 $33,660
2018 $4,450 $21,828 $9,479 $12,349
2017 $4,198 $20,593 $11,046 $9,547
2016 $4,039 $20,205 $11,139 $9,066
2015 $2,343 $20,203 $12,621 $7,582
2014 $2,343 $19,281 $10,619 $8,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425708

Brooklyn Board of REALTORS®

APN: 01356-0005