NOT LISTED FOR SALE

Estimated Value: $3,932,236

Studio
-- Bath
8,778 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $3,900,000 $444 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $22,886/month

Highlights

  • 5,000 Sq Ft lot
  • Ceramic Tile Flooring
  • Hot Water Heating System
  • PS 748 Brooklyn School for Global Scholars Rated A
  • Ceiling height of 10 feet or more
  • Heating System Uses Steam

About This Home

As of December 2018

Prime 18 Avenue Bensonhurst/Bath beach high traffic commercial Avenue with 40ft front & 100 ft wide signage Great EXPOSURE! Corner 1 or 2 street level Storefront ( 4,000 sq ft total ) well established Hardware store established since 1970 with over 500K worth of inventory - Turnkey opportunity ENTIRE Building & Business FOR SALE package deal with LEGAL 4 family well maintained apartment above each 5.5 rooms with EIK, Bathroom, LR, & Dining area! No leases! Paying $ 1,700 per month each! Great condition- New gas boiler & rubber roof & HWH! Great school district & R5 zoning! All market rent- Great upside- high cap rate! in front bus stop train station & walk to train station, Belt Parkway! Close to all shopping, restaurant and much more!

Last Agent to Sell the Property

Jean Paul Ho

BRP Associates Inc Listed on: 08/03/2017

Co-Listed By

Siu Shum

Brooklyn Real Property Inc.

Last Buyer's Agent

Siu Shum

Brooklyn Real Property Inc.

Property Details

Property Type

  • Other

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 97 x 42
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • 8,778 Sq Ft Home
  • Ceiling height of 10 feet or more
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Parquet
  • Carpet
  • Ceramic Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 6436

Property Details

Property Type

Other

Year Built

Built in 1920

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 42.00
  • Co List Office Mls Id: 117350
  • Co List Office Phone: (718) 875-8899
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building, Other
  • Commercial Features Interior: Kitchen, Restrooms - Public, Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 18 Avenue
  • Heat Delivery: Hot Water, Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 8778
  • Street Name I D X: Bath
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Ceiling: 20+ Foot
  • Flooring: Carpeting, Ceramic, Parquet
  • Lot Sq Ft: 5000
  • Walls: Plaster

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 28
  • Roof: Rubber

Utilities

  • Electric: 220 V
  • Equipment Included: inventory hardware turnkey over 500K
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 97
  • Lot Size Width: 42
  • Zoning: R5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Dec 3, 2018
Sold by
Bath Avenue Realty Inc
Bought by
Gs 18 Property Llc
Seller's Agent
Jean Paul Ho
BRP Associates Inc
Buyer's Agent
Siu Shum
Brooklyn Real Property Inc.
Sold Price
$3,900,000
Current Estimated Value
$3,932,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,236
Avg. Annual Appreciation
0.11%
Original Mortgage
$2,663,000
Outstanding Balance
$2,346,160
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,586,076

Purchase Details

Closed on
Apr 8, 1997
Sold by
Slotkis Ben and Slotkis Evelyn
Bought by
Bath Avenue Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
12.5%
Mortgage Type
Commercial
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
Gs 18 Property Llc $3,550,000 --
Bath Avenue Realty Inc $355,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gs 18 Property Llc $2,663,000
Previous Owner Bath Avenue Realty Inc $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $3,900,000 -- $444 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $26,428 $706,050 $91,350 $614,700
2024 $26,428 $626,400 $91,350 $535,050
2023 $24,015 $579,600 $91,350 $488,250
2022 $23,185 $482,850 $275,400 $207,450
2021 $21,529 $386,100 $275,400 $110,700
2019 $20,509 $603,720 $275,400 $328,320
2018 $19,154 $150,593 $54,957 $95,636
2017 $18,540 $145,766 $61,651 $84,115
2016 $17,404 $135,001 $62,973 $72,028
2015 $11,297 $134,999 $63,897 $71,102
2014 $11,297 $125,086 $70,361 $54,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 412720

Brooklyn Board of REALTORS®

APN: 06436-0028

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