Seller's Agent in 2024
Robin Lennon
Douglas Elliman Real Estate
(917) 202-8996
2 in this area
15 Total Sales
Estimated Value: $394,000 - $591,000
INVESTMENT HIGHLIGHTS CANARSIE
1377 EAST 93rd St, Brooklyn
Prime Canarsie Location: Situated in a Canarsie neighborhood in Brooklyn
Value-Add Opportunity: Bungalow for a gut renovation, allowing investors to modernize
Spacious Lot: The property sits on a 2,825 sq ft lot (28.25 ft x 100 ft), providing ample space for potential expansion or redevelopment.
Redevelopment Potential: With an existing structure of 680 sq ft and an unused Floor Area Ratio (FAR) of 1,441 sq ft, there is significant room to expand the living space up to 2,119 sq ft.
Low Property Taxes: Annual property taxes are only$4,245, enhancing potential returns.
Detached Structure: The property is fully detached, offering privacy and flexibility in renovation plans.
Vacant Property: The property is currently vacant, allowing for immediate commencement of renovation work.
Flexible Zoning: Zoned R4-1, which supports residential development, providing flexibility in redevelopment plans.
Solid Structure: Built in 1945 with a frame construction and aluminum/vinyl exterior, the property has a solid foundation for renovation.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10401270208 Listed on: 06/06/2024
Last Buyer's Agent
Douglas Elliman Real Estate License #10401270208 Listed on: 06/06/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahe Group Llc | $390,000 | -- | |
| Mahe Group Llc | $390,000 | -- | |
| Brathwaite Elaine E | $143,000 | Commonwealth Land Title Ins | |
| Brathwaite Elaine E | $143,000 | Commonwealth Land Title Ins |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brathwaite Elaine E | $107,250 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $390,000 | 0.0% | $609 / Sq Ft |
| 08/07/2024 08/07/24 | Pending | -- | -- | -- |
| 06/06/2024 06/06/24 | For Sale | $390,000 | -- | $609 / Sq Ft |
| 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 | $4,245 | $33,480 | $10,500 | $22,980 |
| 2024 | $4,245 | $31,500 | $10,500 | $21,000 |
| 2023 | $4,405 | $36,300 | $10,500 | $25,800 |
| 2022 | $4,061 | $29,700 | $10,500 | $19,200 |
| 2021 | $4,165 | $22,920 | $10,500 | $12,420 |
| 2019 | $3,688 | $24,420 | $10,500 | $13,920 |
| 2018 | $3,577 | $20,780 | $8,826 | $11,954 |
| 2017 | $3,371 | $19,704 | $9,345 | $10,359 |
| 2016 | $1,319 | $19,407 | $9,229 | $10,178 |
| 2015 | $682 | $18,312 | $7,485 | $10,827 |
| 2014 | $682 | $17,317 | $8,491 | $8,826 |
Seller's Agent in 2024
Robin Lennon
Douglas Elliman Real Estate
(917) 202-8996
2 in this area
15 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11003102
APN: 08239-0023
Ask me questions while you tour the home.