NOT LISTED FOR SALE

Estimated Value: $1,904,000 - $2,240,782

6 Beds
4 Baths
3,036 Sq Ft
$661/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $1,700,000 $560 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,558/month

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Private Driveway
  • P.S. 205 The Clarion School Rated A-
  • Hot Water Heating System
  • Community Storage Space

About This Home

As of March 2020

Location, location, location.
This well maintained 3 family home is just waiting for that savvy investor. Each apartment has been remodeled and upgraded. With room to grow .The home is move in ready. This home has a 1 car garage and 2 extra parking spaces in the rear of the home. Home is fully occupied with long term tenants. Home can be delivered vacant. There are no leases currently in place. Bring all offers.

Last Agent to Sell the Property

Frank Coppola

Keller Williams Realty Empire Listed on: 10/12/2019

Keller Williams Realty Empire

Last Buyer's Agent

Frank Coppola

Keller Williams Realty Empire Listed on: 10/12/2019

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,093

Year Built

  • Built in 1925

Lot Details

  • 2,733 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 3,036 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Parking Lot

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Community Details

Building Details

  • 3 Vacant Units
  • Gross Income $65,000

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,093

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 69.00
  • Building Width: 22.33
  • Confirmed By M L S Y N: Yes
  • Cross Street: 18 th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces, Detached Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3036
  • Building Stories: 2
  • Street Name I D X: 67
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2733

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27

Rental Info

  • Tenant Monthly Rent: 5416.00

Multi Family

  • Annual Gross Income: 65000
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 11093.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Jan 28, 2020
Sold by
1818 67Th Street Realty Llc
Bought by
Chen Qiaochun
Seller's Agent
Frank Coppola
Keller Williams Realty Empire
Buyer's Agent
Frank Coppola
Keller Williams Realty Empire
Sold Price
$1,700,000
Current Estimated Value
$2,006,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,696
Avg. Annual Appreciation
2.88%
Original Mortgage
$950,000
Outstanding Balance
$839,848
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,166,848

Purchase Details

Closed on
Jan 31, 2017
Sold by
Mastrapasqua Louise and Mastrapasqua Philip
Bought by
Mastrapasqua Philip and Mastrapasqua Thomas

Purchase Details

Closed on
Aug 30, 2000
Sold by
Mastrapasqua Louise
Bought by
Louise Mastrapasqua Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chen Qiaochun $1,690,000 --
Chen Qiaochun $1,690,000 --
Chen Qiaochun $1,690,000 --
Mastrapasqua Philip -- --
Mastrapasqua Philip -- --
Mastrapasqua Philip -- --
Louise Mastrapasqua Family Trust -- First American Title Ins Co
Louise Mastrapasqua Family Trust -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qiaochun $950,000
Closed Chen Qiaochun $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $1,700,000 -- $560 / Sq Ft
10/12/2019 10/12/19 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 $12,781 $122,580 $18,000 $104,580
2024 $12,781 $105,780 $18,000 $87,780
2023 $12,225 $112,440 $18,000 $94,440
2022 $9,013 $102,360 $18,000 $84,360
2021 $12,529 $95,280 $18,000 $77,280
2019 $11,093 $90,540 $18,000 $72,540
2018 $10,494 $50,163 $11,289 $38,874
2016 $8,946 $49,610 $10,887 $38,723
2015 $5,064 $46,803 $15,235 $31,568
2014 $5,064 $44,190 $12,908 $31,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 434006

Brooklyn Board of REALTORS®

APN: 05569-0012