NOT LISTED FOR SALE

1591 McDonald Ave Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,074,791

Studio
-- Baths
3,200 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2020

Last sale price $903,000 $282 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,900 / mo

Highlights

  • Wood Flooring
  • 1-minute walk to Avenue N
  • 5-minute walk to Community Playground
  • Heating System Uses Steam
  • Back Yard

About This Home

As of June 2020

Located in prime Midwood, this mixed-use store + 3 bedroom apartment is a great investment opportunity! Currently, the store is rented for $3,600 with 5 years remaining on the lease and a 3% annual increase per year. The store has 1,600 square feet plus a basement. The apartment currently does not have a lease. Great location, in close proximity to local stores and the F train, is on the same block. Don't miss out on this incredible investment opportunity.

Last Agent to Sell the Property

Jin Xiu Li Chen

Century 21 Realty First Listed on: 01/06/2020

Century 21 Realty First

Co-Listed By

Sal Calabrese

Last Buyer's Agent

Jin Xiu Li Chen

Century 21 Realty First Listed on: 01/06/2020

Century 21 Realty First

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1931

Lot Details

  • 1,640 Sq Ft Lot
  • Lot Dimensions are 82 x 20
  • Back Yard
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • Fuel Expense $400
  • Insurance Expense $1,800

Listing and Financial Details

  • Tax Block 6564

Property Details

Property Type

Other

Est. Annual Taxes

$8,456

Year Built

Built in 1931

Lot Details

1,640 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 20.00
  • Co List Office Mls Id: 110460
  • Co List Office Phone: (718) 236-7100
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue M
  • Cross Street Name2: Avenue N
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3200
  • Building Stories: 2
  • Street Name I D X: McDonald
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1640

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 400.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 82
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 8456.00

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
Jan 6, 2020
Closed on
Jun 4, 2020
Sold by
1591 Realty Corp
Bought by
Seller's Agent
Jin Xiu Li Chen
Century 21 Realty First
Buyer's Agent
Jin Xiu Li Chen
Century 21 Realty First
Sold Price
$903,000
Current Estimated Value
$1,074,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,791
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Pietrovicci Domenica
Bought by
1591 Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2012
Sold by
Purpura Angelo
Bought by
Angelo Purpura As Ttee Purpura Preservat
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

  • Olga Moldavsky Real Estate Agent - REMAX EDGE

    Olga Moldavsky

    REMAX EDGE

    (888) 477-2209

    139 Total Sales

    5 in Midwood

    $175K - $1.7M Price Range

    Olga Moldavsky
     Section Image
  • Madeline Caudiano Real Estate Agent - RE/MAX Elite

    Madeline Caudiano

    RE/MAX Elite

    (844) 643-0562

    40 Total Sales

    1 in Midwood

    $650,000 Price

    Madeline Caudiano
     Section Image
  • Allan Zhu Real Estate Agent - RE/MAX Edge

    Allan Zhu

    Responds Quickly

    RE/MAX Edge

    (833) 369-2730

    102 Total Sales

    1 in Midwood

    $419,000 Price

    Allan Zhu
     Section Image
  • Brian Cutrone Real Estate Agent - Exit Realty Achieve

    Brian Cutrone

    Exit Realty Achieve

    (855) 616-1277

    30 Total Sales

    1 in Midwood

    $1,300,000 Price

    Brian Cutrone
     Section Image
  • Dan Patsis Real Estate Agent - POLJAN PROPERTIES INC

    Dan Patsis

    Responds Quickly

    POLJAN PROPERTIES INC

    (917) 525-4631

    68 Total Sales

    1 in Midwood

    $235,000 Price

    Dan Patsis
     Section Image
  • Paul Griffith Real Estate Agent - Griffith Real Estate LLC

    Paul Griffith

    Griffith Real Estate LLC

    (862) 772-8397

    18 Total Sales

    3 in Midwood

    $250K - $365K Price Range

    Paul Griffith
     Section Image
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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
$903,000 --
Pietrovicci Domenica -- --
1591 Realty Corp $900,000 --
Angelo Purpura As Ttee Purpura Preservat -- --
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
Previous Owner $400,000
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
06/04/2020 06/04/20 Sold $903,000 -- $282 / Sq Ft
01/06/2020 01/06/20 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 $9,989 $80,580 $17,580 $63,000
2025 $9,629 $79,440 $17,580 $61,860
2024 $9,629 $82,620 $17,580 $65,040
2023 $9,388 $73,500 $17,580 $55,920
2022 $9,278 $73,860 $17,580 $56,280
2021 $9,071 $63,420 $17,580 $45,840
2020 $6,579 $69,060 $17,580 $51,480
2019 $8,340 $63,060 $17,580 $45,480
2018 $7,852 $38,520 $12,884 $25,636
2017 $7,761 $38,072 $13,654 $24,418
2016 $7,180 $35,918 $15,454 $20,464
2015 $4,112 $34,536 $16,589 $17,947
2014 $4,112 $33,292 $15,361 $17,931
Source: Public Records

Agents Affiliated with this Home

  • Jin Xiu Li Chen Real Estate Agent - Century 21 Realty First

    Seller's Agent in 2020

    Jin Xiu Li Chen

    Century 21 Realty First

    (917) 637-9128

    27 Total Sales

    Jin Xiu Li Chen
    Section Image

  • SC

    Seller Co-Listing Agent in 2020

    Sal Calabrese

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435692

Brooklyn Board of REALTORS®

APN: 06564-0053

New York Kings County Brooklyn 11204 Midwood

1591 McDonald Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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