NOT LISTED FOR SALE

1745 Cropsey Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,012,000 - $1,247,000

3 Beds
3 Baths
1,740 Sq Ft
$647/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $915,000 $526 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,446/month

Highlights

  • 1,564 Sq Ft lot
  • Wood Flooring
  • Multiple cooling system units
  • P.S. 163 Bath Beach Rated A
  • Fenced Yard
  • Laundry Facilities

About This Home

As of May 2018

Beautiful attached 2-family home just coming to market in Bath Beach! This property is an awesome, income producing, investment opportunity. The first floor and the basement are really a beautiful duplex dwelling, complete with 2-bedrooms, living room, full bathroom and a fashionable kitchen that leads out to a custom crafted back deck through gorgeous sliding glass doors, this outdoor space is perfect for barbecues and al-fresco dining! Below is an amazingly versatile space in the finished basement, set up much like a studio with convenient laundry area! The upstairs apartment is spacious and sunny, with 1-bedroom and one full bath; the apartment is designed in the open-concept tradition and is ready to move right in! The entire home is more than 3,800 square feet of livable space! It’s a great location too; just a few short blocks from the Belt Parkway and Bath Beach Park, and halfway between Bensonhurst Park of Ceasar’s Bay and Dyker Beach Park, with its world class golf course, this is a great property with great potential! Call today!

Co-Listed By

Ester Cohen

RE/MAX Edge License #10401296393

RE/MAX Edge

Last Buyer's Agent

Ester Cohen

RE/MAX Edge License #10401296393

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,304

Year Built

  • Built in 1930

Lot Details

  • 1,564 Sq Ft Lot
  • Lot Dimensions are 92 x 17
  • Fenced Yard
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6434

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • 2 Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,304

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 38.00
  • Building Width: 17.00
  • Co List Office Mls Id: 117790
  • Co List Office Phone: (718) 942-5952
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay 17th St
  • Cross Street Name2: Bay 18th St
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Laundry Area, Refrigerator, Stove
  • Fill Sq Ft Total: 1740
  • Building Stories: 2
  • Street Name I D X: Cropsey
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 1564

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 4
  • Roof: Other

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 92
  • Lot Size Width: 17
  • Zoning: R5

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
May 16, 2018
Sold by
Cannizzo Christine and Christine Cannizzo As Co-Executrix
Bought by
Liu Long Feng
Buyer's Agent
Ester Cohen
RE/MAX Edge
Sold Price
$915,000
Current Estimated Value
$1,125,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,615
Avg. Annual Appreciation
2.81%
Original Mortgage
$549,000
Outstanding Balance
$471,691
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$653,924

Purchase Details

Closed on
Jul 28, 2006
Sold by
Cannizzo Lawrence
Bought by
Cannizzo Christine and Cannizzo Lawrence

Purchase Details

Closed on
Jun 30, 1996
Sold by
Gentile Alberta E
Bought by
Cannizzo Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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
Liu Long Feng $915,000 --
Liu Long Feng $915,000 --
Cannizzo Christine -- --
Cannizzo Christine -- --
Cannizzo Christine -- --
Cannizzo Lawrence $140,000 --
Cannizzo Lawrence $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Long Feng $549,000
Closed Liu Long Feng $549,000
Previous Owner Cannizzo Lawrence $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $915,000 -- $526 / Sq Ft
12/07/2017 12/07/17 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 $6,304 $59,220 $13,440 $45,780
2024 $6,304 $67,980 $13,440 $54,540
2023 $6,025 $72,840 $13,440 $59,400
2022 $5,664 $74,220 $13,440 $60,780
2021 $5,700 $67,140 $13,440 $53,700
2020 $2,833 $57,660 $13,440 $44,220
2019 $5,471 $57,660 $13,440 $44,220
2018 $5,039 $24,721 $7,586 $17,135
2017 $4,820 $23,644 $7,397 $16,247
2016 $4,512 $22,572 $7,743 $14,829
2015 $2,275 $22,567 $11,610 $10,957
2014 $2,275 $21,795 $9,538 $12,257
Source: Public Records

Agents Affiliated with this Home

  • Ester Cohen

    Seller Co-Listing Agent in 2018

    Ester Cohen

    RE/MAX Edge

    8 Total Sales

    Ester Cohen
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416564

Brooklyn Board of REALTORS®

APN: 06434-0004

New York Kings County Brooklyn 11214 Bath Beach

1745 Cropsey Ave, Brooklyn, NY

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