NOT LISTED FOR SALE

Estimated Value: $1,514,000 - $1,999,000

6 Beds
4 Baths
3,360 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $1,400,000 $417 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,376/month

Highlights

  • Granite Flooring
  • 2-minute walk to 79 Street (D,M Line)
  • Heating System Uses Steam
  • Junior High School 227 Edward B Shallow Rated A-
  • Fenced Yard
  • 5-minute walk to Garibaldi Playground

About This Home

As of September 2023

This is an incredible opportunity to acquire a two-family brick home situated in the highly sought-after Bensonhurst neighborhood of Brooklyn. As you enter the property, you'll be greeted by a stunning granite staircase with a skylight overhead. The house boasts a generously-sized backyard that's perfect for year-round family activities. Additionally, there's a finished basement with a separate entrance, which includes a ¾ bathroom, a family room, and a laundry room. The first and second floors make up a duplex. The first floor boasts full granite flooring and features a living room, a kitchen and dining room combo with access to the backyard, a full bathroom, and a bedroom. The second floor features marbled flooring throughout and comprises an extra living room, three bedrooms, and a full bathroom. The third floor is the second apartment, which is a 2 bedroom and is currently being used as a 1 bedroom. This floor also features marbled flooring throughout and includes a living room, a kitchen, one bedroom, and a full bathroom. The property comes with a new water boiler and heater, and the roof was maintained three years ago. With its proximity to various public transportation options, commuting around the city is a breeze. Don't miss out on this outstanding opportunity to own a beautiful home in a desirable location!

Last Agent to Sell the Property

Kevin Lam

Momentum Real Estate LLC Listed on: 03/16/2023

Co-Listed By

Ronald Chui

Momentum Real Estate LLC

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,610

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,360 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Granite
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 6260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,610

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: 17th Ave
  • Cross Street Name2: 18th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Refrigerator, Stove, Washer
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 3360
  • Building Stories: 3
  • Street Name I D X: 79th
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Granite, Marble
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8610.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Sep 26, 2023
Sold by
Giovanni Burrofato and Giovanni Margaret Burrofat
Bought by
Li Hong and Wang Tao
Seller's Agent
Kevin Lam
Momentum Real Estate LLC
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
12
Current Estimated Value
$1,641,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,413
Avg. Annual Appreciation
7.33%
Original Mortgage
$840,000
Outstanding Balance
$823,668
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$817,745

Purchase Details

Closed on
Dec 5, 2011
Sold by
Burrofato Giovanni and Burrofato Margaret
Bought by
Emanuela Franciamore As Trustee
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
Li Hong $1,400,000 --
Emanuela Franciamore As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Hong $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $1,400,000 -6.7% $417 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,500,000 -- $446 / Sq Ft
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 $9,326 $103,140 $13,800 $89,340
2024 $9,326 $83,940 $13,800 $70,140
2023 $8,622 $91,320 $13,800 $77,520
2022 $7,621 $90,780 $13,800 $76,980
2021 $7,980 $82,380 $13,800 $68,580
2020 $49 $94,020 $13,800 $80,220
2019 $7,802 $75,900 $13,800 $62,100
2018 $6,791 $36,547 $5,886 $30,661
2017 $6,439 $34,754 $7,627 $27,127
2016 $5,968 $32,962 $9,223 $23,739
2015 $3,735 $32,943 $9,930 $23,013
2014 $3,735 $32,246 $10,964 $21,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472548

Brooklyn Board of REALTORS®

APN: 06260-0067