NOT LISTED FOR SALE

Estimated Value: $926,300

Studio
-- Bath
3,900 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $830,000 $213 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,493/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Amersfort Park
  • Multiple cooling system units
  • Back Yard

About This Home

As of January 2024

EXTRA-LARGE(20x65 BUILDING SIZE-3900 SQFT) 3 STORY, 2 FAMILY + STORE MIXED-USE BUILDING ON A 24x102 LOT SIZE- IDEALLY SITUATED ON HIGH TRAFFIC, BUSY & FAMOUS FLATBUSH AVENUE… GREAT AS A HIGH-INCOME INCREDIBLE INVESTMENT PROPERTY OR PERFECT FOR END-USERS WITH ANY & ALL TYPES OF BUSINESS IDEAS… PROPERTY CONSISTS OF: 3 BEDROOM APARTMENT ON THE 3rd FLOOR OVER 2 BEDROOM APARTMENT ON THE 2nd FLOOR OVER A BUSY 1300 SQFT STOREFRONT OVER A FULL BASEMENT + BIG BACKYARD… DON’T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL REAL ESTATE IN ONE OF BROOKLYN’S HOTTEST LOCATIONS… PRICED ATTRACTIVELY & AGGRESSIVELY FOR TODAY’S MARKET- SELLER IS READY TO START HEARING BIDS & OFFERS…

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 01/28/2023

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

Property Type

  • Other

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1930

Lot Details

  • 2,415 Sq Ft Lot
  • Lot Dimensions are 102 x 24
  • Back Yard
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • 220 Volts
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7599

Property Details

Property Type

Other

Est. Annual Taxes

$4,947

Year Built

Built in 1930

Lot Details

2,415 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 35th St
  • Cross Street Name2: Avenue J
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3900
  • Building Stories: 3
  • Street Name I D X: Flatbush
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2415

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 4
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 220 V
  • Heating Fuel: Other
  • Hot Water: Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 24
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4947.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Jan 5, 2024
Sold by
1242 Ralph Avenue Llc
Bought by
1741 Flatbush Llc
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Vito Angelo
RE/MAX Real Estate Professionals
List Price
$795,000
Sold Price
$830,000
Premium/Discount to List
$35,000
4.4%
Views
157
Current Estimated Value
$926,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,300
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jan 9, 2014
Sold by
1242 Ralph Ave Llc and Sell Suds Llc
Bought by
1242 Ralph Ave Llc

Purchase Details

Closed on
Dec 12, 2013
Sold by
Carbonaro Esq Jane
Bought by
1242 Ralph Ave Llc

Purchase Details

Closed on
Oct 18, 2005
Sold by
Shin Sun Beom
Bought by
Choe Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1999
Sold by
Shin Peter Sang Pill
Bought by
Shin Sun Beom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.75%
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
1741 Flatbush Llc $830,000 --
1741 Flatbush Llc $830,000 --
1741 Flatbush Llc $830,000 --
1242 Ralph Ave Llc $294,000 --
1242 Ralph Ave Llc $294,000 --
1242 Ralph Ave Llc $520,000 --
1242 Ralph Ave Llc $520,000 --
Choe Corporation $450,000 --
Choe Corporation $450,000 --
Shin Sun Beom $250,000 Commonwealth Land Title Ins
Shin Sun Beom -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choe Corporation $360,000
Previous Owner Shin Sun Beom $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $830,000 +24.1% $213 / Sq Ft
06/30/2023 06/30/23 Price Changed $669,000 -0.9% $172 / Sq Ft
04/05/2023 04/05/23 Price Changed $675,000 -1.5% $173 / Sq Ft
03/16/2023 03/16/23 Price Changed $685,000 -1.4% $176 / Sq Ft
03/07/2023 03/07/23 Price Changed $695,000 -4.1% $178 / Sq Ft
03/02/2023 03/02/23 Price Changed $725,000 -3.2% $186 / Sq Ft
02/26/2023 02/26/23 Price Changed $749,000 -3.4% $192 / Sq Ft
02/21/2023 02/21/23 Price Changed $775,000 -2.5% $199 / Sq Ft
01/28/2023 01/28/23 For Sale $795,000 -- $204 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,456 $51,660 $17,220 $34,440
2024 $7,456 $54,840 $17,220 $37,620
2023 $7,113 $67,260 $17,220 $50,040
2022 $4,947 $64,380 $17,220 $47,160
2021 $6,954 $56,580 $17,220 $39,360
2020 $3,430 $36,840 $17,220 $19,620
2019 $6,472 $36,840 $17,220 $19,620
2018 $5,950 $29,186 $11,602 $17,584
2017 $5,613 $27,536 $11,743 $15,793
2016 $5,505 $27,536 $11,956 $15,580
2015 $3,133 $27,326 $14,233 $13,093
2014 $3,133 $25,780 $11,838 $13,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471452

Brooklyn Board of REALTORS®

APN: 07599-0004

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