NOT LISTED FOR SALE

1511 Neptune Ave Brooklyn, NY 11224

Coney Island Neighborhood

Estimated Value: $866,092

-- Bed
-- Bath
2,054 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $811,000 $395 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,809/month

Highlights

  • Wood Flooring
  • 5-minute walk to Coney Island-Stillwell Avenue
  • Back Yard
  • Baseboard Heating

About This Home

As of August 2023

FIRST TIME OFFERED A SOLID BRICK MIXED-USE 1 FAMILY AND 1 STORE IN A PRIME CONEY ISLAND LOCATION THIS PROPERTY CONSISTS OF A SPACIOUS 3 BEDROOM OVER A 1,000 SQ. FT. COMMERCIAL SPACE. ZONING M1-2 THIS IS A ONCE AND A LIFETIME LIVE/WORK OPPORTUNITY FOR ANY END-USER FULL POSSESSION AT CLOSING A SHORT DISTANCE TO ALL AMENITIES AND THE WORLD-FAMOUS CONEY ISLAND BOARD WALK.

Last Agent to Sell the Property

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 02/07/2023

RE/MAX Real Estate Professionals

Last Buyer's Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1930

Lot Details

  • 1,185 Sq Ft Lot
  • Lot Dimensions are 60 x 19
  • Back Yard
  • Property is zoned M1-2

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 6996

Property Details

Property Type

Other

Est. Annual Taxes

$2,453

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1040
  • Building Length: 52.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 15th St
  • Cross Street Name2: West 16th St
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2054
  • Building Stories: 2
  • Street Name I D X: Neptune
  • Street Number I D X: 1511
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1185

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 101
  • Roof: Flat, Rubber

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 60
  • Lot Size Width: 19
  • Zoning: M1-2

Tax Info

  • Flip Tax Amount: 2453.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Aug 9, 2023
Sold by
Trakas Irene M and Trakas Konstantinos
Bought by
1511 Neptune Llc
Seller's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Buyer's Agent
Billy Apter
RE/MAX Real Estate Professionals
List Price
$1,099,000
Sold Price
$811,000
Premium/Discount to List
-$288,000
-26.21%
Current Estimated Value
$866,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,092
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Crivellone Anna
Bought by
Trakas Konstantinos and Trakas Irene M
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 Buyer Sale Price Title Company
1511 Neptune Llc $811,000 --
1511 Neptune Llc $811,000 --
Trakas Konstantinos $105,000 Commonwealth Land Title Ins
Trakas Konstantinos $105,000 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2023 08/09/23 Sold $811,000 -9.4% $395 / Sq Ft
06/26/2023 06/26/23 Price Changed $895,000 -5.8% $436 / Sq Ft
04/05/2023 04/05/23 Price Changed $950,000 -4.9% $463 / Sq Ft
03/06/2023 03/06/23 Price Changed $999,000 -9.1% $486 / Sq Ft
02/07/2023 02/07/23 For Sale $1,099,000 -- $535 / Sq Ft
02/06/2023 02/06/23 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 $2,773 $49,080 $5,280 $43,800
2024 $2,773 $45,480 $5,280 $40,200
2023 $2,645 $40,200 $5,280 $34,920
2022 $2,453 $31,560 $5,280 $26,280
2021 $2,440 $27,000 $5,280 $21,720
2020 $1,830 $17,100 $5,280 $11,820
2019 $2,407 $14,880 $5,280 $9,600
2018 $2,212 $10,853 $4,614 $6,239
2017 $2,087 $10,239 $4,668 $5,571
2016 $1,931 $9,660 $5,280 $4,380
2015 $1,532 $9,660 $5,280 $4,380
2014 $1,532 $9,660 $5,280 $4,380
Source: Public Records

Agents Affiliated with this Home

  • Vito Angelo

    Seller's Agent in 2023

    Vito Angelo

    RE/MAX

    (718) 887-5708

    1 in this area

    260 Total Sales

    Vito Angelo
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Billy Apter

    RE/MAX

    (718) 887-5708

    1 in this area

    250 Total Sales

    Billy Apter
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471660

Brooklyn Board of REALTORS®

APN: 06996-0101

New York Kings County Brooklyn 11224 Coney Island

1511 Neptune Ave, Brooklyn, NY

This home is located at 1511 Neptune Ave, Brooklyn, NY 11224 since 07 February 2023 and is currently estimated at $866,092, approximately $421 per square foot. This property was built in 1930. 1511 Neptune Ave is a home located in Kings County with nearby schools including P.S. 90 Edna Cohen School, I.S. 303 Herbert S. Eisenberg, and Success Academy Charter School - Bensonhurst.

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