NOT LISTED FOR SALE

1761 E 12 St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $2,572,751

0.32 Acre
$8,004,930 Price per Acre
14,000 Sq Ft Lot

Sale Details

Date Sold: April 13, 2020

Last sale price $2,325,000 $418 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,921 / mo

Highlights

  • Handicap Accessible
  • Jhs 234 Arthur W Cunningham Rated A-
  • 5-minute walk to Kings Highway (B,Q Line)

About This Lot

As of April 2020

Land for Sale. R7A Zoning. 14,000 SQ FT . Builder/Developer/Investor opportunity prime development property off of KingsHway.

Last Agent to Sell the Property

Simon Peysakhov

Nord East Realty Group LLC Listed on: 12/05/2019

Last Buyer's Agent

Ray Wu

Ashford Homes LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,000

Lot Details

  • 14,000 Sq Ft Lot
  • Lot Dimensions are 117 x 30
  • Property is zoned R7A

Home Design

  • 5,568 Sq Ft Home

Accessible Home Design

  • Handicap Accessible

Listing and Financial Details

  • Tax Block 6795

Property Details

Property Type

Land

Est. Annual Taxes

$25,000

Lot Details

0.32 Acres

Listing Details

  • Borough: Brooklyn
  • Building Length: 116.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hway
  • Handicap Access Y N U: Yes
  • Negotiate Thru: Broker
  • Property Sub Type: Land
  • Prop. Type: Land
  • Fill Sq Ft Total: 5568
  • Street Name I D X: East 12
  • Special Features: None

Interior Features

  • Lot Sq Ft: 14000

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 72

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 117
  • Lot Size Width: 30
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 25000.00

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
Dec 5, 2019
Closed on
Apr 9, 2020
Sold by
Bought by
Seller's Agent
Simon Peysakhov
Nord East Realty Group LLC
Buyer's Agent
Ray Wu
Ashford Homes LLC
Sold Price
$2,325,000
Current Estimated Value
$2,572,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,751

Purchase Details

Closed on
Jul 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,217,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.1%
Mortgage Type
Commercial
Source: Public Records
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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
$2,325,000 --
$2,325,000 --
$2,325,000 --
$2,100,000 --
$2,100,000 --
$2,100,000 --
$1,800,000 --
$1,800,000 --
$1,800,000 --
-- Stewart Title Insurance Co
-- Stewart 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
Previous Owner $1,217,250
Previous Owner $1,250,000
Previous Owner $350,000
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
04/13/2020 04/13/20 Sold $2,325,000 -- $418 / Sq Ft
12/05/2019 12/05/19 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 $36,467 $378,450 $101,700 $276,750
2025 $35,376 $368,100 $101,700 $266,400
2024 $35,376 $358,650 $101,700 $256,950
2023 $34,895 $352,800 $101,700 $251,100
2022 $35,204 $330,300 $101,700 $228,600
2021 $30,133 $284,400 $101,700 $182,700
2019 $26,770 $327,600 $101,700 $225,900
2018 $24,167 $350,550 $101,700 $248,850
2017 $20,770 $197,550 $41,400 $156,150
2016 $19,385 $189,900 $41,400 $148,500
2015 $7,469 $207,450 $41,400 $166,050
2014 $7,469 $203,850 $41,400 $162,450
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Simon Peysakhov

    Nord East Realty Group LLC

    (347) 562-8146

    Simon Peysakhov
    Section Image
  • Ray Wu

    Buyer's Agent in 2020

    Ray Wu

    Ashford Homes LLC

    (347) 335-6333

    28 Total Sales

    Ray Wu
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435170

Brooklyn Board of REALTORS®

APN: 06795-0072

New York Kings County Brooklyn 11229 Homecrest

1761 E 12 St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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