NOT LISTED FOR SALE
-- Bed
-- Bath
3,280 Sq Ft
2,500 Sq Ft Lot

Last Sold November 19, 2018

Last sale price $1,750,000 $534 Per Sq Ft

43 Days on Market

Highlights

  • Built in 1931 | Newly Remodeled
  • 4-minute walk to 79 Street (D,M Line)
  • Heating System Uses Steam
  • Junior High School 227 Edward B Shallow Rated A-

About This Home

As of November 2018

Great investment opportunity! Four family house in excellent condition located in Bensonhurst, just minutes from the D Train. There are 3 apartments with 2 bedrooms and 1 apartment with 1 bedroom each with a full bathroom. The full basement is finished with a half bath. Individual electric and gas meters. Brand new stucco on side and back of building in 2017, windows replaced in 2016, boiler replaced 2012. Current rents are well below market value so there is more income potential. Building will be delivered vacant at closing.

Last Agent to Sell the Property

Maria Gottlieb

Coldwell Banker Desimone Listed on: 07/02/2018

Last Buyer's Agent

Broker Non-MLS

MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,817

Year Built

  • Built in 1931 | Newly Remodeled

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 20.5 x 80

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $36,600

Listing and Financial Details

  • Legal Lot and Block 0058 / 06226
  • Assessor Parcel Number 06226-0058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,817

Year Built

Built in 1931 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: 4F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Lot Size: 20.5 X 80
  • Directions: Between 17th Avenue and 18th Avenue.
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New
  • Year Built: 1931
  • General Property Info:Public Remarks3: Great investment opportunity! Four family house in excellent condition located in Bensonhurst, just minutes from the D Train. There are 3 apartments with 2 bedrooms and 1 apartment with 1 bedroom each with a full bathroom. The full basement is finished with a half bath. Individual electric and gas meters. Brand new stucco on side and back of building in 2017, windows replaced in 2016, boiler replaced 2012. Current rents are well below market value so there is more income potential. Building will be delivered vacant at closing.
  • ContractLocation Information:List PriceSqFt2: 533.54
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 36600.0
  • Annual Expenses: 18755.0
  • Income Expenses Net Income: 17845.0
  • General Property Info:Year Built Info: New
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 1931

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 4
  • Appliances:Total Number Ranges: 4
  • Appliances:Total Number Washers: 1
  • Appliances:Total Number Dryers: 1
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick, Stucco
  • Siding:Brick: Yes
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Green Building Features: Cable
  • Cooling Y N: No
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Extras:Cable3: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2500.0
  • Lot Size Units: Square Feet
  • Parcel #: 06226-0058
  • Zoning: R-5
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2500.0
  • General Property Info:Lot Dim: 25 X 100

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36600.0
  • Property Net Operating Income: 17845.0
  • Annual Operating Expense: 18755.0

Tax Info

  • Tax Annual Amount: 10817.0
  • Tax Block: 06226
  • Tax Lot: 0058
  • General Property Info:Taxes2: 10817.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $1,750,000 -7.9% $534 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,900,000 -- $579 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $14,277 $301,050 $95,400 $205,650
2024 $14,277 $330,300 $95,400 $234,900
2023 $13,562 $309,150 $95,400 $213,750
2022 $12,529 $332,100 $95,400 $236,700
2021 $11,638 $265,500 $95,400 $170,100
2019 $11,079 $273,240 $95,400 $177,840
2018 $10,817 $85,044 $35,631 $49,413
2017 $10,019 $78,770 $34,936 $43,834
2016 $9,408 $72,976 $35,729 $37,247
2015 $6,105 $72,957 $41,916 $31,041
2014 $6,105 $67,574 $39,034 $28,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1120738

Staten Island Multiple Listing Service

APN: 06226-0058