$1,125,000

Estimated payment $7,021/month

Total Views 4,831
-- Bed
-- Bath
2,240 Sq Ft
$502 Price per Sq Ft

Highlights

  • Heating System Uses Steam
  • 4-minute walk to Bay Parkway (N Line)
  • Back Yard
  • James Madison High School Rated A-
  • Carpet

About This Home

Opportunity to all investors and builders R5B zoning, this property is sold with 161 and 165 Avenue O Property at 165 Avenue O is a 40x100 buildable lot zoned R6. Offer at 6,250,000 for all three properties. Consult your Architect.

Listing Agent

John Sprague

Listed on: 03/28/2024

Co-Listing Agent

James Grant

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,319

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Back Yard
  • Property is zoned R5B

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling height between 8 to 10 feet
  • Carpet
  • Basement Cellar

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Fuel Expense $1,000
  • Insurance Expense $2,000
  • Utility Expense $1,500
  • Gross Income $20,000

Listing and Financial Details

  • Tax Block 6580

Property Details

Property Type

Other

Est. Annual Taxes

$12,319

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1120
  • Building Length: 56.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118130
  • Co List Office Phone: (718) 690-3900
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 5th Street
  • Cross Street Name2: West 4th Street
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2240
  • Building Stories: 2
  • Street Name I D X: Avenue O
  • Street Number I D X: 159
  • Waterfront Present: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Carpeting
  • Lot Sq Ft: 2000
  • Walls: Sheet Rock

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 34
  • Road Frontage: 20
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Rental Info

  • Rent Income: 20000

Multi Family

  • Annual Gross Expense: 19500.00
  • Annual Gross Income: 20000
  • Insurance Expense: 2000.00
  • Annual Utility Expenses: 1500.00

Tax Info

  • Flip Tax Amount: 12319.00

Map

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

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 $14,099 $144,000 $35,550 $108,450
2024 $14,099 $146,250 $35,550 $110,700
2023 $13,845 $130,050 $35,550 $94,500
2022 $13,358 $124,200 $35,550 $88,650
2021 $12,320 $115,200 $35,550 $79,650
2020 $6,160 $143,550 $35,550 $108,000
2019 $14,497 $143,550 $35,550 $108,000
2018 $13,645 $141,300 $35,550 $105,750
2017 $12,905 $146,700 $35,550 $111,150
2016 $12,027 $143,550 $35,550 $108,000
2015 $7,743 $114,300 $35,550 $78,750
2014 $7,743 $103,050 $35,550 $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Price Changed $1,125,000 -10.0% $502 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,250,000 -35.9% $558 / Sq Ft
03/28/2024 03/28/24 For Sale $1,950,000 -- $871 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 480915

Brooklyn Board of REALTORS®

APN: 06580-0034