NOT LISTED FOR SALE

Estimated Value: $1,264,885 - $1,698,000

8 Beds
6 Baths
3,122 Sq Ft
$459/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,100,000 $352 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,347/month

Highlights

  • 2,904 Sq Ft lot
  • 3-minute walk to Rockaway Avenue (A,C Line)
  • Baseboard Heating
  • Wood Flooring
  • Back, Front, and Side Yard
  • 5-minute walk to Hilltop Playground

About This Home

As of June 2021

Short sale not yet approved. This is a Completely Vacant 3 Family Townhouse in Move-in Condition. This multi-unit property gives you an opportunity to own and live rent-free. This Semi-detached Corner Townhouse is in the desirable Ocean Hill neighborhood. This is 3100 sq feet in this 3 family investment opportunity. The property has hardwood floors throughout the property, the 1st Flr Apt offers 2 bedrooms and 2 bathrooms with a spacious living room/dining room, open kitchen, and lots of light. The 2nd and 3rd Flr apartments offer a similar layout with a spacious living room/dining room, open kitchen, full bathroom, and 3 nice sized bedrooms with ample closet space, the master bedroom has a private bathroom. There are a large side and backyard fully fenced with a private driveway. There is a full finish basement with a separate entrance and bathroom. This building has 3 separate boilers and hot water heaters. The tenants pay their own utilities. Close to A and C Trains, Buses, shopping, restaurants, and bakeries.
This is an unapproved short sale
.

Last Agent to Sell the Property

Pamela Bostmincey

RE/MAX Real Estate Professionals License #10301204250 Listed on: 08/19/2019

RE/MAX Real Estate Professionals

Co-Listed By

Lana Headley

RE/MAX Real Estate Professionals License #10301207675

RE/MAX Real Estate Professionals

Last Buyer's Agent

Lana Headley

RE/MAX Real Estate Professionals License #10301207675

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,184

Year Built

  • Built in 2005

Lot Details

  • 2,904 Sq Ft Lot
  • Lot Dimensions are 101 x 28
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 3,122 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 1563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,184

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 19.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: Herkimer St.
  • Cross Street Name2: Atlantic Ave.
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3122
  • Building Stories: 3
  • Street Name I D X: Radde
  • Year Built: 2005
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 8
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2904

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 118
  • Roof: Flat, Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 101
  • Lot Size Width: 28
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8184.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Bates David C and Bates Margaret A
Bought by
2 Radde Place Llc
Current Estimated Value
$1,434,221

Purchase Details

Listed on
Aug 19, 2019
Closed on
Jun 14, 2021
Sold by
James Robert P
Bought by
Bates David C and Bates Margaret A
Seller's Agent
Pamela Bostmincey
RE/MAX Real Estate Professionals
Buyer's Agent
Lana Headley
RE/MAX Real Estate Professionals
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$880,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
2 Radde Place Llc -- --
Bates David C $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates David C $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $1,100,000 -- $352 / Sq Ft
08/19/2019 08/19/19 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 $9,994 $62,760 $20,700 $42,060
2024 $9,994 $62,340 $20,700 $41,640
2023 $9,534 $74,400 $20,700 $53,700
2022 $9,534 $60,900 $20,700 $40,200
2021 $9,805 $55,920 $20,700 $35,220
2020 $7,354 $59,280 $20,700 $38,580
2019 $8,674 $56,640 $20,700 $35,940
2018 $7,975 $39,120 $20,700 $18,420
2017 $9,025 $44,274 $18,904 $25,370
2016 $8,444 $43,184 $19,733 $23,451
2015 $5,038 $40,740 $22,980 $17,760
2014 $5,038 $40,740 $22,980 $17,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 432636

Brooklyn Board of REALTORS®

APN: 01563-0118