NOT LISTED FOR SALE

1431 Ovington Ave Brooklyn, NY 11219

Bensonhurst Neighborhood

Estimated Value: $1,617,000 - $2,750,992

8 Beds
3 Baths
3,300 Sq Ft
$600/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $1,388,000 $421 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,319/month

Highlights

  • 4,573 Sq Ft lot
  • 4-minute walk to 71 Street
  • Terrace
  • P.S. 112 Lefferts Park Elementary School Rated A
  • Wood Flooring
  • 6 Car Detached Garage

About This Home

As of April 2018

Perfect Opportunity for family home and investors! This 3 Family Brick house is located in the hottest neighborhood of Bensonhurst. It is only minutes walking distance to D train 71st Street and N/D train 62nd Street Stations. And close proximity to schools, parks and shopping areas. The entire house was being completely renovated and updated couple years ago from top to bottom and plumbing to wiring. The property size is 20x55 for each of the three stories plus semi-finished basement is sitting on an oversize lot of 40x114. It has a 20 feet wide private driveway can park more than 10 cars with 3 garages which can be built into another house. Separate Gas heaters and Hot Water Tanks. It will be delivered vacant at closing. All Offers must come with Pre-Qualification Letter and Proof of Funds!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/30/2017

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/30/2017

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,595

Lot Details

  • 4,573 Sq Ft Lot
  • Lot Dimensions are 114 x 40
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Private Driveway
  • Parking Lot

Outdoor Features

  • Terrace
  • Porch

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,595

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: 55.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 14th Avenue
  • Cross Street Name2: 15th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 6+ Spaces, Detached Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dryer, Porch, Terrace, Washer
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: Ovington
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 4573

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 69
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 114
  • Lot Size Width: 40
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 9595.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Zhao Qi and Zheng Eric
Bought by
Li
Current Estimated Value
$1,980,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,500
Outstanding Balance
$926,636
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,053,612

Purchase Details

Listed on
Oct 30, 2017
Closed on
Apr 23, 2018
Sold by
1431 68Th Street Llc
Bought by
Zhao Qi and Zheng Eric
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
Sold Price
$1,388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,041,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2008
Sold by
Calabrese Salvatore and Mangione Anthony
Bought by
1431 68 Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.86%
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
Li $600,000 --
Zhao Qi $1,388,000 --
1431 68 Street Llc $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li $1,007,500
Closed Zhao Qi $1,041,000
Previous Owner 1431 68 Street Llc $810,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $1,388,000 -- $421 / Sq Ft
10/30/2017 10/30/17 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 $11,572 $113,160 $24,840 $88,320
2024 $11,572 $111,720 $24,840 $86,880
2023 $11,090 $104,640 $24,840 $79,800
2022 $10,300 $106,740 $24,840 $81,900
2021 $10,858 $97,740 $24,840 $72,900
2020 $5,323 $93,060 $24,840 $68,220
2019 $10,044 $93,060 $24,840 $68,220
2018 $9,276 $45,504 $12,781 $32,723
2017 $8,765 $42,996 $9,743 $33,253
2016 $8,595 $42,996 $12,642 $30,354
2015 $4,892 $42,398 $16,634 $25,764
2014 $4,892 $40,011 $18,844 $21,167
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2018

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    37 in this area

    202 Total Sales

    Jason Zhou
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 415756

Brooklyn Board of REALTORS®

APN: 05769-0069

New York Kings County Brooklyn 11219 Bensonhurst

1431 Ovington Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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