NOT LISTED FOR SALE

1742 E 18th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $898,765

6 Beds
4 Baths
3,460 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2020

Last sale price $820,000 $237 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,936 / mo

Highlights

  • Wood Flooring
  • 4-minute walk to Kings Highway (B,Q Line)
  • Multiple cooling system units
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Bike Room
  • Baseboard Heating

About This Home

As of August 2020

Large, 3 story, brick building with finished basement and back yard. It was originally a 2 family home, but then converted to a Commercial Daycare. It would cost the buyer around $15,000 to convert C/O back to a 2 Family Home. The buyer will also need to add sheetrock to create bedrooms, living room, etc. Building size is 20 x 56. Lot size is 20 x 100. Zoning is R5B. Taxes are high right now because it’s a commercial property. After you change the C/O back to a 2 Fam Home, taxes will be reassessed and will go back to a similar amount as other 2 Fam buildings in the area.

Last Agent to Sell the Property

Alexey Kogan

RE/MAX Edge License #10301215469 Listed on: 06/23/2020

RE/MAX Edge

Last Buyer's Agent

Alexey Kogan

RE/MAX Edge License #10301215469 Listed on: 06/23/2020

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,460 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6800

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Bike Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Quentin Rd
  • Cross Street Name2: Avenue R
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area
  • Fill Sq Ft Total: 3460
  • Building Stories: 3
  • Street Name I D X: 18
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 23
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 7800.00

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
Jun 23, 2020
Closed on
Aug 19, 2020
Sold by
Bought by
Seller's Agent
Alexey Kogan
RE/MAX Edge
Buyer's Agent
Alexey Kogan
RE/MAX Edge
Sold Price
$820,000
Current Estimated Value
$898,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,765
Avg. Annual Appreciation
1.56%
Original Mortgage
$485,000
Interest Rate
0.029%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 1999
Sold by
Bought by
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

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
$820,000 --
-- --
-- Chicago Title Insurance Co
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
Open $485,000
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
08/20/2020 08/20/20 Sold $820,000 -- $237 / Sq Ft
06/23/2020 06/23/20 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 $24,641 $249,750 $36,000 $213,750
2025 $24,394 $243,900 $36,000 $207,900
2024 $24,394 $240,300 $36,000 $204,300
2023 $24,586 $235,350 $36,000 $199,350
2022 $23,860 $221,850 $36,000 $185,850
2021 $21,752 $203,400 $36,000 $167,400
2019 $23,187 $243,450 $36,000 $207,450
2018 $24,237 $234,000 $36,000 $198,000
2017 $23,183 $220,500 $36,000 $184,500
2016 $22,174 $209,700 $36,000 $173,700
2015 $13,682 $256,950 $36,000 $220,950
2014 $13,682 $293,400 $36,000 $257,400
Source: Public Records

Agents Affiliated with this Home

  • Alexey Kogan

    Seller's Agent in 2020

    Alexey Kogan

    RE/MAX Edge

    1 in this area

    36 Total Sales

    Alexey Kogan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 438675

Brooklyn Board of REALTORS®

APN: 06800-0023

New York Kings County Brooklyn 11229 Homecrest

1742 E 18th St, Brooklyn, NY

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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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