$1,370,000
SOLD JAN 7, 2025
0.09 Acre
$15,222,222 Price per Acre
4,000 Sq Ft Lot

Recently Sold

$643 Per Sq Ft

27% Below List Price

About This Lot

As of January 2025

BUILDER/DEVELOPER 40x100 R6 ZONED DOUBLE LOT SPECIAL- 40x100 R6 ZONED LOT AMAZING FOR ALL DEVELOPERS/BUILDERS/INVESTORS; IDEALLY SITUATED IN A MOST DESIRABLE BENSONHURT(65th ST. & BAY PARKWAY) LOCATION- CLOSE & CONVENIENT TO ALL TRANSPORTATION & SHOPPING... THIS PHENOMENAL R6 ZONED DEVELOPMENT PROPERTY HAS UNLIMITED POSSIBILITIES & POTENTIAL, AND IS AN OUTSTANDING OPPORTUNITY TO JOIN IN ON THE BROOKLYN BUILDING BOOM... PLEASE CONSULT YOUR ARCHITECT... DON'T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN & CULTIVATE A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS...

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712 Listed on: 01/08/2024

RE/MAX Real Estate Professionals

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

Last Buyer's Agent

Jessica Peng

RE/MAX Real Estate Professiona

RE/MAX Real Estate Professiona

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,455

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Property is zoned R6

Listing and Financial Details

  • Tax Block 6579

Property Details

Property Type

Land

Est. Annual Taxes

$10,455

Lot Details

0

Listing Details

  • Borough: Brooklyn
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Confirmed By M L S Y N: Yes
  • Cross Street: 65th St
  • Cross Street Name2: Avenue O
  • Property Sub Type: Land
  • Prop. Type: Land
  • Street Name I D X: 5th
  • Street Number I D X: 1440
  • Special Features: None

Interior Features

  • Lot Sq Ft: 4000

Exterior Features

  • Lot Number: 28

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 10455.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jan 7, 2025
Sold by
Estate Of Anthony Tomasello and Estate Of Antonino Tomasello
Bought by
Chau Chung Hung and Chow Pang
Seller's Agent
Billy Apter
RE/MAX Real Estate Professionals
Buyer's Agent
Jessica Peng
RE/MAX Real Estate Professiona
List Price
$1,888,000
Sold Price
$1,370,000
Premium/Discount to List
-$518,000
-27.44%
Views
35
Current Estimated Value
$1,602,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,917
Avg. Annual Appreciation
-4.17%
Original Mortgage
$668,000
Outstanding Balance
$664,459
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$666,469

Purchase Details

Closed on
May 3, 2022
Sold by
Tomasello Anthony
Bought by
Tomasello Anthony
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,370,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $668,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Sold $1,370,000 -2.1% $643 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,399,000 -12.5% $656 / Sq Ft
03/14/2024 03/14/24 Price Changed $1,599,000 -5.9% $750 / Sq Ft
02/12/2024 02/12/24 Price Changed $1,699,000 -10.0% $797 / Sq Ft
01/08/2024 01/08/24 For Sale $1,888,000 -- $886 / Sq Ft
01/08/2024 01/08/24 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 $10,961 $78,240 $29,820 $48,420
2024 $10,961 $76,380 $29,820 $46,560
2023 $10,455 $93,000 $29,820 $63,180
2022 $9,696 $77,040 $29,820 $47,220
2021 $10,213 $80,280 $29,820 $50,460
2020 $7,660 $73,980 $29,820 $44,160
2019 $9,513 $69,780 $29,820 $39,960
2018 $8,746 $42,902 $16,326 $26,576
2017 $8,251 $40,474 $14,608 $25,866
2016 $8,084 $40,440 $19,704 $20,736
2015 $4,605 $38,485 $14,315 $24,170
2014 $4,605 $37,897 $15,880 $22,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 479110

Brooklyn Board of REALTORS®

APN: 06579-0028