NOT LISTED FOR SALE

Estimated Value: $1,973,000 - $2,377,000

5 Beds
2.5 Baths
2,244 Sq Ft
$940/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $1,975,000 $880 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,019/month

Highlights

  • 5 Car Detached Garage
  • Ceramic Tile Flooring
  • Private Driveway
  • P.S./I.S. 192 Magnet School For Math And Science Inquiry Rated A-
  • Heating System Uses Steam
  • Laundry Facilities

About This Home

As of April 2022

ONE OF THE MOST BEAUTIFUL & DESIRABLE BLOCKS IN THE HEART OF BORO PARK IS WHERE YOU'LL FIND THIS FULLY DETACHED EXTRA-LARGE(20x65 HOUSE SIZE) 2 FAMILY HOME ON A 30x100 LOT(R5 ZONED) WITH PRIVATE DRIVEWAY & DETACHED GARAGE(4-5 CAR PARKING)... THIS PRIME PROPERTY IS ALMOST TOO GOOD TO BE TRUE, AND IS PRICED RIGHT FOR TODAY'S MARKET... IDEALLY SITUATED AND CONVENIENT TO ALL SHOPPING(16th AVE & 18th AVE) & HOUSES OF WORSHIP... DON'T MISS OUT ON THIS TRULY OUTSTANDING OPPROTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE; IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS...

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 11/14/2021

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Last Buyer's Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1920

Lot Details

  • 3,005 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 5 Car Detached Garage
  • Private Driveway

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,514

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: 16th Ave.
  • Cross Street Name2: 17th Ave.
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 5 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Refrigerator, Stove, Washer, Window Treatments
  • Building Stories: 2
  • Street Name I D X: 46th
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpeting, Ceramic
  • Lot Sq Ft: 3005

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Masonry
  • Exterior: Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4514.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Apr 28, 2022
Sold by
Dominick Papandrea As Trustee
Bought by
1646 46 Llc
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Sold Price
$1,975,000
Current Estimated Value
$2,108,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,430
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,600,000
Outstanding Balance
$1,517,906
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$590,524

Purchase Details

Closed on
Feb 22, 2016
Sold by
Papandrea Elena
Bought by
Papandrea Rocco
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
1646 46 Llc $1,975,000 --
Papandrea Rocco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1646 46 Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $1,975,000 -- $880 / Sq Ft
11/14/2021 11/14/21 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 $11,658 $112,260 $25,140 $87,120
2024 $11,658 $88,680 $25,140 $63,540
2023 $11,177 $107,700 $25,140 $82,560
2022 $4,534 $106,560 $25,140 $81,420
2021 $4,514 $84,240 $25,140 $59,100
2020 $3,408 $81,420 $25,140 $56,280
2019 $9,459 $81,420 $25,140 $56,280
2018 $8,690 $45,861 $12,785 $33,076
2017 $8,191 $43,352 $15,525 $27,827
2016 $7,616 $41,205 $15,292 $25,913
2015 $4,494 $41,205 $22,919 $18,286
2014 $4,494 $40,309 $22,314 $17,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457185

Brooklyn Board of REALTORS®

APN: 05437-0026