NOT LISTED FOR SALE

1537 E 98th St Brooklyn, NY 11236

Canarsie Neighborhood

Estimated Value: $253,971 - $737,000

5,250 Acres
$105 Price per Acre
5,250 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $410,000 $410 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,359/month

About This Lot

As of November 2020

Opportunities for Real Estate Developers!! Canarsie Ave N & East 98 Street corner property on all independent 50 × 105 lot, R4-1 zoning, there are many development spaces for multi-family or condominiums, great location, near school PS 115 & PS 272, Bus line B4, subway station servicing the L train line on Rockaway Pkwy and near Canarsie Park.

Last Agent to Sell the Property

Michelle Zhang

RE/MAX Edge Listed on: 01/31/2020

Last Buyer's Agent

Michelle Zhang

RE/MAX Edge Listed on: 01/31/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1920

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 105 x 50
  • Irregular Lot
  • Property is zoned R4-1

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Tax Block 8301

Property Details

Property Type

Land

Est. Annual Taxes

$5,009

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Borough: Brooklyn
  • Building Length: 36.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue N
  • Cross Street Name2: Sea View Ave
  • Negotiate Thru: Broker
  • Property Sub Type: Land
  • Prop. Type: Land
  • Fill Sq Ft Total: 1000
  • Building Stories: 1
  • Street Name I D X: 98
  • Year Built: 1920
  • Special Features: None
  • Stories: 1

Interior Features

  • Lot Sq Ft: 5250

Exterior Features

  • Lot Number: 39

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 105
  • Lot Size Width: 50
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 5009.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Nov 23, 2020
Sold by
98 Ave N Ny Corp
Bought by
1537 East 98Th Street Llc
Seller's Agent
Michelle Zhang
RE/MAX Edge
Buyer's Agent
Michelle Zhang
RE/MAX Real Estate Professionals
Sold Price
$410,000
Current Estimated Value
$552,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,243
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Aug 28, 2015
Sold by
Lau Chien Fun
Bought by
98 Ave N Ny Corp

Purchase Details

Closed on
Dec 9, 2014
Sold by
Belfer Esther Agrinsoni
Bought by
Lau Chien Fun and Lau Peter Kei Fong
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
1537 East 98Th Street Llc $410,000 --
98 Ave N Ny Corp $350,000 --
Lau Chien Fun $230,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $410,000 -- $410 / Sq Ft
01/31/2020 01/31/20 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 $5,552 $30,180 $16,320 $13,860
2024 $5,552 $28,860 $16,320 $12,540
2023 $5,296 $30,060 $16,980 $13,080
2022 $4,911 $24,600 $16,980 $7,620
2021 $5,392 $39,120 $16,980 $22,140
2020 $5,392 $37,260 $16,980 $20,280
2019 $5,309 $37,260 $16,980 $20,280
2018 $4,881 $23,943 $11,369 $12,574
2017 $4,607 $22,602 $11,463 $11,139
2016 $4,268 $21,349 $11,357 $9,992
2015 $2,352 $21,349 $12,788 $8,561
2014 $2,352 $21,150 $12,668 $8,482
Source: Public Records

Agents Affiliated with this Home

  • Michelle Zhang

    Seller's Agent in 2020

    Michelle Zhang

    RE/MAX

    (646) 937-2188

    181 Total Sales

    Michelle Zhang
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 436370

Brooklyn Board of REALTORS®

APN: 08301-0039

New York Kings County Brooklyn 11236 Canarsie

1537 E 98th St, Brooklyn, NY

Not Listed for Sale

Lots

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