NOT LISTED FOR SALE

Estimated Value: $1,376,000 - $1,494,000

9 Beds
3 Baths
2,430 Sq Ft
$595/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,250,000 $514 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,489/month

54 Days on Market

About This Home

As of October 2021

CALLING ALL INVESTORS! Take Advantage Of This Extraordinary Opportunity To Own A Two Family Building In The Heart Of Bushwick! A Terrific Opportunity Suits End-Users And Investors Alike: Building Size is 18X45, Lot Size is 18X100. Fully Occupied With A Yearly Rent Roll of $98,400!! Don't Miss This Opportunity!! The Property Is Conveniently Located Near Irving Square Park and the J, M & L Trains. Looking for a bigger investment to add to your portfolio? This property can be sold as a package deal with 140 Weirfield Street. Located just a 5 minute walk away.

Last Agent to Sell the Property

Jessica White

Corcoran Group License #10301218368 Listed on: 03/31/2021

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 18.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,430 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 3383

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cross Street: Central Avenue/Wilson Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 2430.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 9

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 3383
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Oct 29, 2021
Sold by
Chen Wei and Wang Zhong
Bought by
Chen Wei and Wang Zhong
Seller's Agent
Jessica White
Corcoran Group
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,445,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,648
Avg. Annual Appreciation
3.44%
Original Mortgage
$937,500
Outstanding Balance
$851,194
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,454

Purchase Details

Listed on
Mar 31, 2021
Closed on
Sep 23, 2021
Sold by
Cornelia House Llc
Bought by
Chen Wei and Wang Zhong
Seller's Agent
Jessica White
Corcoran Group
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Outstanding Balance
$851,194
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,454

Purchase Details

Closed on
Apr 10, 2017
Sold by
Next Holding Capital Group Llc
Bought by
Cornelia House Llc

Purchase Details

Closed on
Feb 13, 2015
Sold by
Delvalle Edwin and Machado Ermelinda
Bought by
Next Holding Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2005
Sold by
D & T Estates Corp
Bought by
Delvalle Edwin and Machado Ermelinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,800
Interest Rate
5.63%

Purchase Details

Closed on
Nov 22, 2004
Sold by
Brown Jennifer and Kearns Evette
Bought by
D & T Estates Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Chen Wei -- --
Chen Wei -- --
Chen Wei $1,250,000 --
Chen Wei $1,250,000 --
Cornelia House Llc -- --
Cornelia House Llc -- --
Next Holding Capital Group Llc $198,000 --
Next Holding Capital Group Llc $198,000 --
Delvalle Edwin $509,000 --
Delvalle Edwin $509,000 --
D & T Estates Corp $256,000 --
D & T Estates Corp $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wei $937,500
Closed Chen Wei $937,500
Previous Owner Next Holding Capital Group Llc $170,000
Previous Owner Delvalle Edwin $101,800
Previous Owner Delvalle Edwin $407,200
Previous Owner D & T Estates Corp $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,250,000 0.0% $514 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $1,250,000 -- $514 / 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 $9,802 $104,520 $11,880 $92,640
2024 $9,802 $106,680 $11,880 $94,800
2023 $9,350 $99,780 $11,880 $87,900
2022 $8,671 $88,080 $11,880 $76,200
2021 $8,990 $74,820 $11,880 $62,940
2020 $4,469 $92,040 $11,880 $80,160
2019 $8,905 $92,040 $11,880 $80,160
2018 $8,544 $41,911 $5,636 $36,275
2017 $2,191 $10,747 $1,903 $8,844
2016 $2,029 $10,152 $2,428 $7,724
2015 $1,223 $10,152 $2,496 $7,656
2014 $1,223 $10,026 $2,959 $7,067
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10707856

Real Estate Board of New York (REBNY)

APN: 03383-0014