NOT LISTED FOR SALE

Estimated Value: $1,601,000 - $1,771,000

Studio
-- Bath
2,560 Sq Ft
$665/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,570,000 $613 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,037/month

80 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to 18 Avenue (N Line)
  • Hot Water Heating System
  • P.S. 048 Mapleton Rated A-

About This Home

As of July 2024

Explore endless potential at this versatile three-family property. The main unit is a duplex, filled with natural light. Its first floor features a spacious living room, kitchen, and a convenient half-bath, while the second floor offers three bedrooms and a full bathroom, accommodating various living arrangements. Two additional apartments, one and two bedrooms each, are situated at the rear of the first and second floors, creating income-generating opportunities or additional living space for extended family. Enjoy a generous private backyard, perfect for outdoor activities and relaxation. Just moments from bustling 18th Avenue, this property offers easy access to shopping, dining, and various public transportations. Whether you're an investor or seeking flexible living arrangements, this three-family gem invites your imagination. Contact us today!

Last Agent to Sell the Property

Jay Zhang

Momentum Real Estate, LLC Brokerage Phone: 718-382-0005 License #10401355690 Listed on: 09/28/2023

Momentum Real Estate, LLC

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,785

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,560 Sq Ft Home

Schools

  • JHS 227 Edward B Shallow Middle School
  • Franklin D Roosevelt High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 3-05512-0071

Community Details

Overview

  • 3 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,785

Year Built

Built in 1925

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-382-0005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Living Area: 2560
  • SquareFootage: 2560.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 227 Edward B Shallow

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 3-05512-0071
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8785
  • Tax Map Number: 3-05512-0071

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Franklin D Roosevelt High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jul 16, 2024
Sold by
Ronald Martorelli As Successor Trustee and Ronald Martorelli-Terresa Villani Livin
Bought by
1815-60 Binyan Llc
Seller's Agent
Jay Zhang
Momentum Real Estate, LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,699,900
Sold Price
$1,570,000
Premium/Discount to List
-$129,900
-7.64%
Views
80
Current Estimated Value
$1,702,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,000
Avg. Annual Appreciation
5.11%
Original Mortgage
$1,766,000
Outstanding Balance
$1,741,565
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$39,565

Purchase Details

Closed on
Dec 21, 2022
Sold by
Josephine Martorelli Joan Martorelli Aka
Bought by
Joan-Josephine Martorelli As Trustee
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1815-60 Binyan Llc $1,570,000 --
1815-60 Binyan Llc $1,570,000 --
Joan-Josephine Martorelli As Trustee -- --
Joan-Josephine Martorelli As Trustee -- --
Joan-Josephine Martorelli As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1815-60 Binyan Llc $1,766,000
Closed 1815-60 Binyan Llc $1,766,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $1,570,000 -4.8% $613 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $1,650,000 -2.9% $645 / Sq Ft
09/28/2023 09/28/23 For Sale $1,699,900 -- $664 / Sq Ft
Source: OneKey® MLS

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 $3,339 $103,260 $22,380 $80,880
2024 $3,339 $98,700 $22,380 $76,320
2023 $3,226 $94,920 $22,380 $72,540
2022 $2,722 $96,060 $22,380 $73,680
2021 $3,087 $86,700 $22,380 $64,320
2019 $2,814 $72,360 $22,380 $49,980
2018 $2,505 $36,045 $8,371 $27,674
2017 $2,607 $34,006 $9,225 $24,781
2016 $2,566 $34,006 $11,843 $22,163
2015 $1,372 $33,748 $17,619 $16,129
2014 $1,372 $31,839 $17,436 $14,403
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6271018

OneKey® MLS

APN: 05512-0071

Your Personal Tour Guide

Ask me questions while you tour the home.