NOT LISTED FOR SALE

Estimated Value: $1,349,000 - $2,209,041

6 Beds
3.5 Baths
3,840 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2021

Last sale price $1,250,000 $326 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,649 / mo

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Private Driveway
  • Porch
  • Hot Water Heating System
  • Back and Front Yard

About This Home

As of January 2021

Location, Location, Location! Multi income unit with an income stream close to 8k a month priced to sell. Use it as a complete rental property or live on one floor and collect income from 2 other floors.
Legal 2 family brick semi attached home in the heart of beautiful Midwood near all transportation and shopping.
Each Level consists of 3 floors, a walk-in 1st floor and 2nd floor of 3 bedrooms and 2 bathrooms with Kitchen and living space. 2nd floor apartment has a porch in the back overlooking the backyard. Private Parking.Come and make this your own or as an excellent income opportunity.

Last Agent to Sell the Property

Esther Chirazi

Listed on: 08/06/2020

Co-Listed By

Karen Behfar

Last Buyer's Agent

Esther Chirazi

Listed on: 08/06/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,224

Year Built

  • Built in 1925

Lot Details

  • 2,686 Sq Ft Lot
  • Lot Dimensions are 95 x 28
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Private Driveway
  • Parking Lot

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Block 6763

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $4,704
  • Insurance Expense $3,400
  • Utility Expense $3,678
  • Gross Income $90,528
  • Net Operating Income $65,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,224

Year Built

Built in 1925

Lot Details

2,686 Sq Ft Lot

Listing Details

  • Basement Amenities: Partial, Unfinished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 64.00
  • Building Width: 21.00
  • Co List Office Mls Id: 117960
  • Co List Office Phone: (347) 988-2526
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue O
  • Cross Street Name2: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dishwasher, Porch, Refrigerator, Stove
  • Fill Sq Ft Total: 3840
  • Building Stories: 2
  • Street Name I D X: 16
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2686

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 75
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4704.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 95
  • Lot Size Width: 28
  • Zoning: R4-1

Rental Info

  • Rent Income: 90528

Multi Family

  • Annual Gross Expense: 24592.00
  • Annual Gross Income: 90528
  • Insurance Expense: 3400.00
  • Property Net Operating Income: 65936.00
  • Unit Count: 2
  • Annual Utility Expenses: 3678.00

Tax Info

  • Flip Tax Amount: 10224.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Jan 28, 2021
Sold by
Bought by
Seller's Agent
Esther Chirazi
Buyer's Agent
Esther Chirazi
Sold Price
$1,250,000
Current Estimated Value
$1,635,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,510
Avg. Annual Appreciation
4.99%
Original Mortgage
$750,000
Outstanding Balance
$653,959
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$981,551

Purchase Details

Closed on
Mar 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Midwood, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $1,250,000 -- $326 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,634 $95,580 $25,080 $70,500
2025 $10,976 $109,740 $25,080 $84,660
2024 $10,976 $106,740 $25,080 $81,660
2023 $10,471 $130,980 $25,080 $105,900
2022 $10,292 $122,880 $25,080 $97,800
2021 $10,768 $94,860 $25,080 $69,780
2020 $5,050 $103,380 $25,080 $78,300
2019 $9,527 $93,780 $25,080 $68,700
2018 $8,758 $42,963 $16,092 $26,871
2017 $8,758 $42,963 $17,169 $25,794
2016 $8,524 $42,639 $20,048 $22,591
2015 $4,888 $40,227 $24,304 $15,923
2014 $4,888 $37,951 $19,479 $18,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440866

Brooklyn Board of REALTORS®

APN: 06763-0075

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