Joseph DeVito
BHHS Fillmore R.E.
(877) 719-3170
43 Total Sales
1 in Midwood
$603,000 Price
1414 E 14th St Brooklyn, NY 11230
Midwood NeighborhoodEstimated Value: $8,289,593
--
Bed
36
Baths
32,667
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- 8,000 Sq Ft lot
- Elevator
- Laundry Facilities
- Marble Flooring
- Heating System Uses Steam
- Back Yard
About This Home
As of June 2022Prime Opportunity for sale!!! Located in the heart of Midwood Brooklyn NY area WELL kept 36-unit solid brick Beauty. The building has an elevator and features 18x (one bedrooms) & 18x (two bedrooms) it's fully occupied. The building has been maintained very nicely (super on premises) with 2x new water heaters (100 gallons each), also has a rubber roof, oil boiler #4 with a timer plus updated electric panel. The yearly gross income is $553,874.00... yearly expenses $241,700.00 and the yearly NET income $312,174.00.... The property is close to all transportation, shopping and house of worships. The building is a GEM and will not last long.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $100,000
Lot Details
- 8,000 Sq Ft Lot
- Lot Dimensions are 100 x 80
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 36 Full Bathrooms
- 32,667 Sq Ft Home
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Linoleum
- Marble
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6751
Community Details
Overview
- 36 Units
Amenities
- Laundry Facilities
- Elevator
- Secure Lobby
Building Details
- Fuel Expense $58,000
- Insurance Expense $36,000
- Utility Expense $7,300
- Gross Income $553,874
- Net Operating Income $312,174
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2022
Closed on
Jun 9, 2022
Sold by
Bought by
Seller's Agent
Doreen Alfano
Bergen Basin Realty LLC
Buyer's Agent
Kevin Stile
Bergen Basin Realty LLC
Sold Price
$7,000,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289,593
Avg. Annual Appreciation
4.16%
Original Mortgage
$3,750,000
Outstanding Balance
$3,522,709
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,766,884
Purchase Details
Closed on
Nov 30, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midwood, NY
-
Joseph DeVito
-
Thomas Dalcamo
Thomas Dalcamo
Real Broker NY LLC
(551) 203-9501
43 Total Sales
1 in Midwood
$1,385,000 Price
-
Javier Lattanzio
Javier Lattanzio
Time Equities Inc
(646) 553-4068
38 Total Sales
2 in Midwood
$2,200,260 Price Range
-
Niccolo Saraceno
Niccolo Saraceno
eXp Realty
(860) 901-1148
22 Total Sales
1 in Midwood
$1,590,000 Price
-
Steven Benshabat
Steven Benshabat
Exit Realty First Choice
(866) 823-6280
8 Total Sales
1 in Midwood
$265,000 Price
-
Gabriel Kashi
Gabriel Kashi
KEYSTONE REALTY USA CORP
(347) 658-5258
386 Total Sales
2 in Midwood
$960K - $1.1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $7,000,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2022 06/09/22 | Sold | $7,000,000 | -- | $214 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $117,900 | $1,088,550 | $216,000 | $872,550 |
| 2025 | $111,787 | $1,011,600 | $216,000 | $795,600 |
| 2024 | $111,787 | $894,150 | $108,000 | $786,150 |
| 2023 | $113,704 | $1,011,600 | $108,000 | $903,600 |
| 2022 | $55,630 | $977,850 | $108,000 | $869,850 |
| 2021 | $100,688 | $820,800 | $108,000 | $712,800 |
| 2019 | $98,741 | $892,800 | $108,000 | $784,800 |
| 2018 | $91,439 | $923,850 | $108,000 | $815,850 |
| 2017 | $83,552 | $762,300 | $108,000 | $654,300 |
| 2016 | $77,309 | $684,900 | $108,000 | $576,900 |
| 2015 | $30,036 | $650,700 | $108,000 | $542,700 |
| 2014 | $30,036 | $572,850 | $108,000 | $464,850 |
Source: Public Records
Agents Affiliated with this Home
-
Doreen Alfano
Seller's Agent in 2022
Doreen Alfano
Bergen Basin Realty LLC
(917) 257-0211
3 in this area
87 Total Sales
-
Kevin Stile
Seller Co-Listing Agent in 2022
Kevin Stile
Bergen Basin Realty LLC
(917) 627-3169
1 in this area
27 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 458176
APN: 06751-0012
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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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