NOT LISTED FOR SALE

Estimated Value: $932,208

-- Bed
-- Bath
3,300 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $900,000 $273 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,598/month

Highlights

  • Heating System Uses Steam
  • Back Yard
  • 3-minute walk to Newkirk Avenue (2,5 Line)

About This Home

As of October 2023

This attached, brick, mixed-use building in Flatbush will be delivered completely vacant. Street level store on commercial avenue with excellent exposure. Unfinished basement. Backyard. Great location for any business. Two six room apartments above the store, each feature three bedrooms, living room, dining room, kitchen and three-quarter bath. Lot: 20 ft x 100 ft. Building: 20 ft x 50 ft. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $5,800. Est. Annual Insurance: $3,000. Est. Annual Water/Sewer: $1,400. Est. Annual Fuel/Gas: $3,600. Zoning: R6 - C2-3. Approx. Year Built: 1930. Stories: 3.

Last Agent to Sell the Property

Vince Blandino

Listed on: 12/12/2022

Last Buyer's Agent

Vince Blandino

Listed on: 12/12/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard
  • Property is zoned R6 - C2-3

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5195

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $3,000

Property Details

Property Type

Other

Est. Annual Taxes

$5,800

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarendon Rd
  • Cross Street Name2: Avenue D
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: Nostrand Ave
  • Street Number I D X: 1772
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 16
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3600.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6 - C2-3

Multi Family

  • Insurance Expense: 3000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Oct 5, 2023
Sold by
Lambert Lester Hoplin and Lambert Lucy Ann
Bought by
1772 Nostrand Llc
Seller's Agent
Vince Blandino
Buyer's Agent
Vince Blandino
List Price
$1,199,000
Sold Price
$900,000
Premium/Discount to List
-$299,000
-24.94%
Current Estimated Value
$932,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,208
Avg. Annual Appreciation
1.88%
Original Mortgage
$540,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2017
Sold by
Lylorla Inc
Bought by
Hoplin Lambert Lester and Lambert Lucy Ann
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
1772 Nostrand Llc $900,000 --
Hoplin Lambert Lester -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1772 Nostrand Llc $955,000
Closed 1772 Nostrand Llc $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $900,000 -9.8% $273 / Sq Ft
03/15/2023 03/15/23 Price Changed $998,000 -16.8% $302 / Sq Ft
12/12/2022 12/12/22 For Sale $1,199,000 -- $363 / Sq Ft
09/06/2022 09/06/22 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 $6,346 $55,380 $11,280 $44,100
2024 $6,346 $65,160 $11,280 $53,880
2023 $6,054 $65,640 $11,280 $54,360
2022 $5,882 $73,920 $11,280 $62,640
2021 $6,013 $67,920 $11,280 $56,640
2020 $4,510 $58,500 $11,280 $47,220
2019 $5,508 $50,880 $11,280 $39,600
2017 $5,005 $24,552 $7,004 $17,548
2016 $4,760 $23,811 $7,562 $16,249
2015 $2,794 $22,464 $8,566 $13,898
2014 $2,794 $21,942 $9,964 $11,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 466464

Brooklyn Board of REALTORS®

APN: 05195-0016