NOT LISTED FOR SALE

1730 Bath Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,120,837

Studio
-- Bath
4,164 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $990,000 $238 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,466/month

Highlights

  • 2,317 Sq Ft lot
  • Wood Flooring
  • Back Yard
  • P.S. 163 Bath Beach Rated A
  • Heating System Uses Steam

About This Home

As of November 2021

Excellent investment opportunity!!! Mixed-use building 1 Commercial Units and 1 Residential Units in prime Bath Beach. Building size: 23x55. Lot size: 23x100. Gross Square Footage: 4,164. Annual property tax: $6,749. Zoning: R5. Gross annual income $74,952(Market rent:$102,000).Total annual expenses:$10,209. Net operating income: $64,743. The second floor and third floor both features 4 bedrooms with 1 full bath each. Excellent condition overall. 3 separate boilers and water heater. 4 electric meters and 3 gas meters. Tenant pays all utilities. It's easy to be converted into a legal 2 family home. Near D train train 18th Ave station. Convenient to all, can’t miss it.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 04/12/2021

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 04/12/2021

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1925

Lot Details

  • 2,317 Sq Ft Lot
  • Lot Dimensions are 100 x 23
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,164 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Utilities

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

Community Details

  • Gross Income $74,952
  • Net Operating Income $64,743

Listing and Financial Details

  • Tax Block 6434

Property Details

Property Type

Other

Est. Annual Taxes

$6,749

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 23.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay 16th ST
  • Cross Street Name2: Bay 17th St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4164
  • Building Stories: 3
  • Street Name I D X: Bath
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2317

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Asphalt/Tar, Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 23
  • Zoning: R5

Rental Info

  • Rent Income: 74952

Multi Family

  • Annual Gross Expense: 10209.00
  • Annual Gross Income: 74952
  • Property Net Operating Income: 64743.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 6749.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Nov 12, 2021
Sold by
Kong David and Kong Lup S
Bought by
C & E Elite Property Llc
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
Sold Price
$990,000
Current Estimated Value
$1,120,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,837
Avg. Annual Appreciation
3.04%
Original Mortgage
$742,500
Outstanding Balance
$678,486
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$442,351

Purchase Details

Closed on
May 14, 2004
Sold by
Pham Anh and Pham Lam
Bought by
Kong David and Kong Lup S

Purchase Details

Closed on
Jul 26, 1999
Sold by
Mezzatesta Robert and Mezzatesta Maria
Bought by
Pham Lan and Pham Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
C & E Elite Property Llc $990,000 --
C & E Elite Property Llc $990,000 --
C & E Elite Property Llc $990,000 --
Kong David $578,000 --
Kong David $578,000 --
Pham Lan $258,000 Fidelity National Title Ins
Pham Lan $258,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C & E Elite Property Llc $742,500
Closed C & E Elite Property Llc $742,500
Previous Owner Pham Lan $173,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $990,000 -- $238 / Sq Ft
04/12/2021 04/12/21 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 $7,254 $117,300 $13,080 $104,220
2024 $7,254 $122,160 $13,080 $109,080
2023 $6,985 $107,940 $13,080 $94,860
2022 $6,813 $84,720 $13,080 $71,640
2021 $7,110 $72,540 $13,080 $59,460
2020 $3,336 $45,900 $13,080 $32,820
2019 $6,296 $39,900 $13,080 $26,820
2018 $5,843 $28,663 $7,990 $20,673
2017 $5,797 $28,440 $8,505 $19,935
2016 $5,628 $28,154 $8,882 $19,272
2015 $3,236 $26,572 $10,057 $16,515
2014 $3,236 $25,081 $11,391 $13,690
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wu

    Seller's Agent in 2021

    Kelly Wu

    RE/MAX Edge

    (917) 345-6368

    7 in this area

    218 Total Sales

    Kelly Wu
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450016

Brooklyn Board of REALTORS®

APN: 06434-0031

New York Kings County Brooklyn 11214 Bath Beach

1730 Bath Ave, Brooklyn, NY

Not Listed for Sale

Other

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