NOT LISTED FOR SALE

Estimated Value: $824,136 - $1,200,000

Studio
-- Bath
3,000 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $660,000 $220 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,113/month

81 Days on Market

About This Home

As of November 2014

Outstanding fully-detached 2-family brick in prime Van Nest! Three-over-3 with 1.5 baths each, a partially finished basement with half-bath and washer/dryer, and a 2-car garage, this property is built large: 28x43 on a huge double-sized 55x85 lot, complete with full-length driveway and expansive side yard. Extremely well-maintained, the building has excellent upside and additional unused FAR. Current tenants are month-to-month downstairs and 1 year left upstairs: low taxes and expenses make this a 7.5% cap with minor adjustments, and much higher still with a little renovation. For the end user, live practically rent free. Unique chance at a rare opportunity!

Last Agent to Sell the Property

Lucien Lidji

Sothebys International Realty License #30LI0971513 Listed on: 08/04/2014

Sothebys International Realty

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Units
  • Vannest Subdivision

Listing and Financial Details

  • Tax Block 4050

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Morris Park Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: VANNEST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3000.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 4050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 25, 2014
Sold by
Bruni Michael H
Bought by
Hussin Kassem Ahmed
Seller's Agent
Lucien Lidji
Sothebys International Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$1,009,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,034
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bruni Bruni J and Bruni Michael H
Bought by
Bruni Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,202
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2010
Sold by
Budesa As Trustee John
Bought by
Bruni J Grace and Bruni Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,275
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Budesa Mary and Budesa William
Bought by
The Budesa Family Irrevocable Trust
Source: Public Records
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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
Hussin Kassem Ahmed $660,000 --
Bruni Michael H $9,000 --
Bruni J Grace $555,000 --
The Budesa Family Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruni Michael H $9,202
Previous Owner Bruni J Grace $539,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $660,000 -5.6% $220 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $699,000 -- $233 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,100 $45,648 $12,080 $33,568
2024 $9,100 $45,305 $12,122 $33,183
2023 $8,680 $42,741 $9,973 $32,768
2022 $7,639 $46,860 $13,020 $33,840
2021 $8,006 $38,040 $13,020 $25,020
2020 $8,230 $38,880 $13,020 $25,860
2019 $8,328 $40,080 $13,020 $27,060
2018 $7,676 $37,656 $10,449 $27,207
2017 $7,270 $35,665 $11,834 $23,831
2016 $7,130 $35,665 $12,423 $23,242
2015 $4,058 $35,167 $13,698 $21,469
2014 $4,058 $33,177 $14,151 $19,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060320

Real Estate Board of New York (REBNY)

APN: 04050-0055