NOT LISTED FOR SALE

1852 64 St Brooklyn, NY 11204

Mapleton Neighborhood
7 Beds
5 Baths
3,116 Sq Ft
2,500 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $1,560,000 $501 Per Sq Ft

Highlights

  • Wood Flooring
  • 4-minute walk to 18 Avenue (N Line)
  • Heating System Uses Steam
  • P.S. 048 Mapleton Rated A-
  • Brick Front
  • Back Yard

About This Home

As of November 2021

Attention Investors: This is a 4 Family, Brick Construction Property that is fully occupied at the moment with tenants. The building consists of 4 Apartments with (3) 2 Bedrooms and (1) 1 Bedroom.

The dimensions are the following: Lot Sq. Ft. 2,500 (25 x 100) & Building 3,116 Sq. Ft. (21 x 76)

Current Gross Income is currently $64,200. Current Total Annual Expenses equal $14,697. Current Net Income is $49,503.

Projected Gross Income could be $82,800, if the rent prices were to be adjusted to current market prices (e.g. 2 Bedroom = $1,800 & 1 Bedroom = $1,500)

Projected Net Income, after expenses ($14,697), would sum up to $68,103 Annually. Cap Rate of 3.6%.

Seller is motivated, open and willing to hear all offers!

Last Agent to Sell the Property

Lou Guida

Keller Williams Realty Empire Listed on: 07/13/2020

Keller Williams Realty Empire

Last Buyer's Agent

Lou Guida

Keller Williams Realty Empire Listed on: 07/13/2020

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1931

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Asphalt Roof
  • Brick Front
  • Stucco Exterior

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Block 5547

Community Details

Overview

  • 4 Units

Building Details

  • 4 Vacant Units
  • Fuel Expense $377
  • Insurance Expense $2,600
  • Utility Expense $720
  • Gross Income $64,200
  • Net Operating Income $49,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,000

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 5.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Beds Total Level2: 4
  • Beds Total Level3: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1596
  • Building Length: 76.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 18th Avenue
  • Cross Street Name2: 17th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 4
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other, None
  • Rooms Total Level1: 1
  • Rooms Total Level2: 7
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 3116
  • Building Stories: 2
  • Street Name I D X: 64
  • Street Number I D X: 1852
  • Building Style: Other
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 7
  • Flooring: Hardwood, Linoleum, Tile
  • Lot Sq Ft: 2500
  • Total Rooms: 16

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick, Brick Face, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 377.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 14697.00
  • Annual Gross Income: 64200
  • Insurance Expense: 2600.00
  • Property Net Operating Income: 49503.00
  • Unit Count: 4
  • Annual Utility Expenses: 720.00

Tax Info

  • Flip Tax Amount: 11000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 16, 2021
Sold by
Elena Gallo As Trustee and Lipari Family Trust
Bought by
Lin An Li and Lin Jie
Seller's Agent
Lou Guida
Keller Williams Realty Empire
Buyer's Agent
Lou Guida
Keller Williams Realty Empire
Sold Price
$1,560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,242,434
Outstanding Balance
$1,167,937
Interest Rate
3.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2011
Sold by
Elena Gallo As Trustee and Lipari Family Trust
Bought by
Gallo Elena
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

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $1,560,000 -- $501 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lou Guida

    Seller's Agent in 2021

    Lou Guida

    Keller Williams Realty Empire

    (917) 200-3505

    1 in this area

    29 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440411

Brooklyn Board of REALTORS®

APN: 05547-0026

New York Kings County Brooklyn 11204 Mapleton

1852 64 St, Brooklyn, NY

This home is located at 1852 64 St, Brooklyn, NY 11204 since 13 July 2020. This property was built in 1931. 1852 64 St is a home located in Kings County with nearby schools including P.S. 048 Mapleton, Junior High School 227 Edward B Shallow, and Franklin Delano Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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