NOT LISTED FOR SALE

1474 Fulton St Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,602,903

6 Beds
3 Baths
-- Sq Ft
1,667 Sq Ft Lot

Last Sold January 24, 2022

Last sale price $1,450,000

Est. 11% increase in value since last sale

Current estimated payment $8,963/month

34 Days on Market

Highlights

  • Property is near public transit
  • 1-minute walk to Kingston-Throop Avenues
  • 4-minute walk to Potomac Playground
  • Park
  • Baseboard Heating

About This Home

As of January 2022

Incredible, Income Producing Mix-Use For Sale! Opportunity is knocking! Call today for your private tour of this centrally located mix-use property. Located in one of Brooklyn's busiest corridors, 1474 Fulton Street, offers 2 spacious residential units, and an established storefront located on the first floor. The opportunities are endless and the expenses are limited!

Last Agent to Sell the Property

Rafi Ahmad

GMA Enterprise Brokerage Phone: 718-322-4030 License #10311205666 Listed on: 06/30/2021

Co-Listed By

Devon Ramsamym

GMA Enterprise Brokerage Phone: 718-322-4030 License #10401334657

Last Buyer's Agent

King Hong Chin

Keller Williams Rlty Landmark License #30CH1025962

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1910

Lot Details

  • 1,667 Sq Ft Lot
  • Lot Dimensions are 16.67x100
  • No Common Walls

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 8 Robert Fulton Middle School
  • Bedford Academy High School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 33 / 1863
  • Assessor Parcel Number 01863-0033

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Apartment
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-322-4030
  • Co List Office Mls Id: ONEGMA01
  • Co List Office Phone: 718-322-4030
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: None, Baseboard
  • Sewer: Sewer
  • Water Source: See Remarks
  • Hot Water: Electric Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 8 Robert Fulton

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 16.67x100
  • Lot Size Sq Ft: 1667
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01863-0033
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2554
  • Tax Block: 1863
  • Tax Lot: 33
  • Tax Map Number: 01863-0033

MLS Schools

  • High School: Bedford Academy High School
  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jan 11, 2022
Sold by
1474 Fulton Llc
Bought by
F & R 1474 Llc
Seller's Agent
Rafi Ahmad
GMA Enterprise
Buyer's Agent
King Hong Chin
Keller Williams Rlty Landmark
List Price
$1,699,500
Sold Price
$1,450,000
Premium/Discount to List
-$249,500
-14.68%
Current Estimated Value
$1,602,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,903
Avg. Annual Appreciation
2.83%
Original Mortgage
$940,000
Outstanding Balance
$873,482
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$729,421

Purchase Details

Closed on
Sep 25, 2008
Sold by
Graham Jaime
Bought by
1474 Fulton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2000
Sold by
Simpson Petrona
Bought by
Graham Jaime

Purchase Details

Closed on
Oct 4, 1999
Sold by
Headlie Honor
Bought by
Simpson Petrona and Hewitt Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
7.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
F & R 1474 Llc $1,450,000 --
1474 Fulton Llc $567,500 --
1474 Fulton Llc $567,500 --
Graham Jaime -- --
Graham Jaime -- --
Simpson Petrona $180,000 First American Title Ins Co
Simpson Petrona $180,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F & R 1474 Llc $940,000
Previous Owner 1474 Fulton Llc $462,075
Previous Owner 1474 Fulton Llc $374,000
Previous Owner Graham Jaime $50,000
Previous Owner Graham Jaime $300,000
Previous Owner Graham Jaime $210,000
Previous Owner Simpson Petrona $188,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $1,450,000 -14.7% --
08/03/2021 08/03/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,699,500 -- --
Source: OneKey® MLS

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 $2,744 $94,620 $6,420 $88,200
2024 $2,744 $89,520 $6,420 $83,100
2023 $2,619 $82,080 $6,420 $75,660
2022 $1,931 $66,420 $6,420 $60,000
2021 $2,692 $56,880 $6,420 $50,460
2020 $1,262 $36,000 $6,420 $29,580
2019 $2,381 $31,320 $6,420 $24,900
2018 $3,106 $10,747 $2,643 $8,104
2017 $2,191 $10,747 $2,832 $7,915
2016 $2,131 $10,658 $3,374 $7,284
2015 $1,223 $10,056 $3,815 $6,241
2014 $1,223 $9,487 $4,320 $5,167
Source: Public Records

Agents Affiliated with this Home

  • Rafi Ahmad

    Seller's Agent in 2022

    Rafi Ahmad

    GMA Enterprise

    (718) 322-4030

    1 in this area

    43 Total Sales

    Rafi Ahmad
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Devon Ramsamym

    GMA Enterprise

    Section Image
  • King Hong Chin

    Buyer's Agent in 2022

    King Hong Chin

    Keller Williams Rlty Landmark

    (917) 667-5211

    1 in this area

    36 Total Sales

    King Hong Chin
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3326095

OneKey® MLS

APN: 01863-0033

New York Kings County Brooklyn 11216 Bed-Stuy

1474 Fulton St, Brooklyn, NY

This home is located at 1474 Fulton St, Brooklyn, NY 11216 since 30 June 2021 and is currently estimated at $1,602,903. This property was built in 1910. 1474 Fulton St is a home located in Kings County with nearby schools including P.S. 93 - William H. Prescott, Brownsville Collegiate Charter School, and New Visions Aim Charter High School I..

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