NOT LISTED FOR SALE

Estimated Value: $932,367

Studio
-- Bath
1,996 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $835,000 $418 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,205/month

Highlights

  • Wood Flooring
  • Cooling Available
  • Baseboard Heating

About This Home

As of September 2020

Attention investors and doctors, 7% Cap Rate! Mixed Use Building with 1200 sq ft of Medical Office on walk-in ground floor and 779 sq ft in fully finished basement. The medical office is occupied by seller, who is ready to retire. The 2nd floor is a 2BR, 779 sq ft apartment rented for $1,750. No lease. Can be delivered vacant. The apartment can be rented for even more, after a fresh coat of paint. The building is detached and the apartment has no neighbors. Tenant pays for their own electricity and heat. The medical office can be rented for $3,500. Very good location on Bath Ave between Bay Pkwy and 21st Ave. Motivated seller!

Last Agent to Sell the Property

Alexey Kogan

RE/MAX Edge License #10301215469 Listed on: 07/02/2020

RE/MAX Edge

Last Buyer's Agent

Maria Castellano

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,869

Year Built

  • Built in 1925

Lot Details

  • 1,208 Sq Ft Lot
  • Lot Dimensions are 63 x 19
  • Property is zoned R5

Home Design

  • Mixed Use
  • Block Foundation
  • Asphalt Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • Gross Income $5,250

Listing and Financial Details

  • Tax Block 6442

Property Details

Property Type

Other

Est. Annual Taxes

$12,869

Year Built

Built in 1925

Lot Details

1,208 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 20th Av
  • Cross Street Name2: Bay 25th St
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1996
  • Building Stories: 2
  • Street Name I D X: Bath
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1208

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Block
  • Exterior: Stone
  • Foundation Details: Block
  • Lot Number: 33
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 63
  • Lot Size Width: 19
  • Zoning: R5

Multi Family

  • Annual Gross Income: 5250
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 12869.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Wahid Abdul
Bought by
Wahid Associates Llc
Current Estimated Value
$932,367

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 3, 2020
Sold by
Kogut Henry and Zaltsman Helen
Bought by
Wahid Abdul
Seller's Agent
Alexey Kogan
RE/MAX Edge
Buyer's Agent
Maria Castellano
Sold Price
$835,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
May 31, 2002
Sold by
Zaltsman Helen
Bought by
Zaltsman Helen and Kogut Henry

Purchase Details

Closed on
May 8, 2000
Sold by
Ron Paul Realty Corp
Bought by
Zaltsman Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.24%
Mortgage Type
Commercial
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
Wahid Associates Llc -- --
Wahid Associates Llc -- --
Wahid Associates Llc -- --
Wahid Abdul $835,000 --
Wahid Abdul $835,000 --
Wahid Abdul $835,000 --
Zaltsman Helen -- --
Zaltsman Helen -- --
Zaltsman Helen $280,000 United General Title Ins Co
Zaltsman Helen $280,000 United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaltsman Helen $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $835,000 -- $418 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $17,007 $194,400 $43,650 $150,750
2024 $17,007 $193,500 $43,650 $149,850
2023 $16,212 $168,300 $43,650 $124,650
2022 $15,942 $166,050 $43,650 $122,400
2021 $11,646 $108,900 $43,650 $65,250
2019 $14,714 $152,100 $43,650 $108,450
2018 $12,869 $148,050 $43,650 $104,400
2017 $10,967 $145,800 $43,650 $102,150
2016 $9,888 $135,450 $43,650 $91,800
2015 -- $118,350 $43,650 $74,700
2014 -- $64,350 $43,650 $20,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440057

Brooklyn Board of REALTORS®

APN: 06442-0033

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