NOT LISTED FOR SALE

1639 Broadway Brooklyn, NY 11207

Bushwick Neighborhood

Estimated Value: $1,526,593

12 Beds
6.5 Baths
7,000 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $850,000 $121 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $11,063/month

62 Days on Market

Highlights

  • 1 Fireplace
  • 3-minute walk to Halsey Street (J Line)
  • Cooling Available
  • Formal Dining Room
  • Eat-In Kitchen
  • 4-minute walk to Evergreen Playground

About This Home

As of April 2013

6 Family+1 Store Building; Large Income; New Boiler+New Water Heater(2011); Store Rental Income: $3000; 2R:$1100; 2L:$940; 3R:$998; 3L:$1193; 4R:$1154; 4L:$1050; Rental Stablized Building; Total Annual Rental Income Is $113220.

Last Agent to Sell the Property

Ji Zhang

Tony & William R E Brotherhood Brokerage Phone: 347-368-6775 License #10401214364 Listed on: 01/28/2013

Tony & William R E Brotherhood

Last Buyer's Agent

Ji Zhang

Tony & William R E Brotherhood Brokerage Phone: 347-368-6775 License #10401214364 Listed on: 01/28/2013

Tony & William R E Brotherhood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,000

Year Built

  • Built in 1931

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 25x88.83
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,000 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 6 Units

Listing and Financial Details

  • Exclusions: Refrigerator
  • Tax Lot 003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,000

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Exclusions: Refrigerator
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 347-368-6775
  • BuildingSize: 25X69
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Washer
  • Total Bedrooms: 12
  • Fireplace: Yes
  • Living Area: 7000
  • SquareFootage: 7000.00
  • NumberOfKitchens: 6

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: Yes
  • Heating: Other, Electric

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 25X88.83
  • Lot Size Sq Ft: 2200
  • Zoning Description: C8-2
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 6

Tax Info

  • Tax Annual Amount: 18000
  • Tax Lot: 003

MLS Schools

  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
Tai Ngai and Wu Siu Fei
Bought by
Nyta Holdings Llc
Current Estimated Value
$1,526,593

Purchase Details

Listed on
Jan 28, 2013
Closed on
Apr 12, 2013
Sold by
Northern Star Enterprises Inc
Bought by
Tai Ngai and Wu Sui Fei
Seller's Agent
Ji Zhang
Tony & William R E Brotherhood
Buyer's Agent
Ji Zhang
Tony & William R E Brotherhood
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Aug 4, 2010
Sold by
Ghani Ahsan Corp and %
Bought by
Northern Star Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2009
Sold by
Achikzai Lailuma and Ahsan Ghani
Bought by
Ghani Ahsan Corp

Purchase Details

Closed on
Nov 3, 2005
Sold by
Bayne Walter and Bayne Baynes
Bought by
Achikzai Lailuma and Ahsan Ghani A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
6.07%
Mortgage Type
Commercial
Source: Public Records

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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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
Nyta Holdings Llc -- --
Tai Ngai $850,000 --
Northern Star Enterprises Inc $757,500 --
Ghani Ahsan Corp -- --
Achikzai Lailuma $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Star Enterprises Inc $395,000
Previous Owner Achikzai Lailuma $483,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $850,000 -5.5% $121 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $899,000 -- $128 / Sq Ft
Source: OneKey® MLS

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 $37,630 $594,000 $80,100 $513,900
2024 $37,630 $557,100 $80,100 $477,000
2023 $36,922 $517,050 $80,100 $436,950
2022 $34,138 $508,050 $80,100 $427,950
2021 $30,715 $477,450 $80,100 $397,350
2020 $14,791 $444,600 $14,850 $429,750
2019 $28,303 $414,180 $14,850 $399,330
2018 $29,101 $228,800 $9,844 $218,956
2017 $28,199 $221,708 $10,392 $211,316
2016 $26,465 $205,286 $12,033 $193,253
2015 $12,924 $190,080 $13,374 $176,706
2014 $12,924 $176,000 $14,850 $161,150
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Ji Zhang

    Tony & William R E Brotherhood

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Map

Source: OneKey® MLS

MLS Number: KEY2553873

OneKey® MLS

APN: 03414-0003

New York Kings County Brooklyn 11207 Bushwick

1639 Broadway, Brooklyn, NY

Not Listed for Sale

MultiFamily

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