NOT LISTED FOR SALE

1411 Foster Ave Brooklyn, NY 11230

Ditmas Park Neighborhood

Estimated Value: $1,643,762

-- Bed
-- Bath
3,080 Sq Ft
$534/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $1,330,000 $432 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,525/month

Highlights

  • Ceramic Tile Flooring
  • 1-minute walk to Newkirk Avenue (B,Q Line)
  • Back Yard
  • Ditmas Junior High school Rated A-
  • Baseboard Heating

About This Home

As of February 2019

Location, location and location. in the center of Flatbush one block to B,Q train station B8 bus, very heavy foot and cars traffic. Zoning R6A 2 years lease left for the Chinese restaurant. its rare to find in the market. Great for self-use or investment. there are tremendous up side potential.... must see....

Last Agent to Sell the Property

Franklin Shan

Real Broker NY LLC Listed on: 04/13/2018

Real Broker NY LLC

Last Buyer's Agent

Franklin Shan

Real Broker NY LLC Listed on: 04/13/2018

Real Broker NY LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1933

Lot Details

  • 2,090 Sq Ft Lot
  • Lot Dimensions are 95 x 22
  • Irregular Lot
  • Back Yard

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,080 Sq Ft Home
  • Ceramic Tile Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Gross Income $69,600

Property Details

Property Type

Other

Est. Annual Taxes

$5,200

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1540
  • Building Length: 70.00
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Restrooms - Staff, None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Rugby
  • Cross Street Name2: Marlborough Rd
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3080
  • Street Name I D X: Foster
  • Street Number I D X: 1411
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Flooring: Ceramic
  • Lot Sq Ft: 2090

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 95
  • Lot Size Width: 22

Rental Info

  • Rent Income: 69600

Multi Family

  • Annual Gross Expense: 7700.00
  • Annual Gross Income: 69600
  • Insurance Expense: 1300.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Feb 1, 2019
Sold by
Hood Hing Management Inc
Bought by
Park Hill Holding Corp
Seller's Agent
Franklin Shan
Real Broker NY LLC
Buyer's Agent
Franklin Shan
Real Broker NY LLC
Sold Price
$1,330,000
Current Estimated Value
$1,643,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,762
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Sep 28, 2010
Sold by
Wong Chun Hiu and Zhang Zi Zhi
Bought by
Hood Hing Management Inc

Purchase Details

Closed on
May 16, 2003
Sold by
Hood Hing Management Inc
Bought by
Wong Chun Hiu and Zhang Zi Zhi

Purchase Details

Closed on
Sep 30, 1996
Sold by
Tse Kai Kau and Cha Kai Chung
Bought by
Hood Hing Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Park Hill Holding Corp $1,330,000 --
Park Hill Holding Corp $1,330,000 --
Hood Hing Management Inc -- --
Hood Hing Management Inc -- --
Wong Chun Hiu -- --
Wong Chun Hiu -- --
Hood Hing Management Inc $295,000 --
Hood Hing Management Inc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Hing Management Inc $285,000
Previous Owner Hood Hing Management Inc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $1,330,000 -- $432 / Sq Ft
04/13/2018 04/13/18 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 $6,317 $86,040 $17,640 $68,400
2024 $6,317 $79,920 $17,640 $62,280
2023 $6,387 $89,940 $17,640 $72,300
2022 $4,367 $70,620 $17,640 $52,980
2021 $6,080 $63,840 $17,640 $46,200
2020 $5,829 $61,320 $17,640 $43,680
2019 $5,483 $61,320 $17,640 $43,680
2018 $5,343 $26,209 $8,268 $17,941
2017 $5,255 $25,780 $8,722 $17,058
2016 $4,862 $24,322 $9,877 $14,445
2015 $2,933 $22,947 $11,042 $11,905
2014 $2,933 $21,841 $9,940 $11,901
Source: Public Records

Agents Affiliated with this Home

  • Franklin Shan

    Seller's Agent in 2019

    Franklin Shan

    Real Broker NY LLC

    (917) 292-1688

    25 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419321

Brooklyn Board of REALTORS®

APN: 05235-0033

New York Kings County Brooklyn 11230 Ditmas Park

1411 Foster Ave, Brooklyn, NY

This home is located at 1411 Foster Ave, Brooklyn, NY 11230 since 13 April 2018 and is currently estimated at $1,643,762, approximately $533 per square foot. This property was built in 1933. 1411 Foster Ave is a home located in Kings County with nearby schools including Ps 217 Colonel David Marcus School, Ditmas Junior High school, and Brooklyn Dreams Charter School.

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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