NOT LISTED FOR SALE

Estimated Value: $1,320,643

Studio
-- Bath
2,200 Sq Ft
$600/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $1,200,000 $545 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,427/month

About This Home

As of April 2023

Rare and Excellent Opportunity to own this Semi-Detached Corner Mixed-Use Brick Building with a Store in the front, an Office Space in the rear and a 3-bedrooms apartment on the top floor and a Semi-finished Basement with a Separate Entrance. Zoning: R5 and C1-2 overlay. It is well located in the center of commercial blocks and surrounded by overpopulated residentials with huge potential for any business concepts. This property is closed to everything: B64 Bus, 20th Ave D Train Station, Benson Playground, Excellent Schools, Bensonhurst Park, Supermarkets, Restaurant and much more to mention. Building 20x60' on the first and 20x50' on the top floor sitting on 20x60' lot. Annual property tax $6600. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 09/28/2022

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 09/28/2022

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,564

Year Built

  • Built in 1925

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 60 x 20
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 6442

Property Details

Property Type

Other

Est. Annual Taxes

$6,564

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 20th Av
  • Cross Street Name2: Bay 25th St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2200
  • Building Stories: 2
  • Street Name I D X: Bath
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1200

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 36
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 60
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6564.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Apr 17, 2023
Sold by
2024 Bath Ave Llc
Bought by
Chen Family Nyc Llc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,320,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,643
Avg. Annual Appreciation
3.51%
Original Mortgage
$725,000
Outstanding Balance
$704,851
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$615,793

Purchase Details

Closed on
Feb 16, 2010
Sold by
Wong Chui Fong Kwong and Wong Wai-Hor
Bought by
2024 Bath Ave Llc
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
Chen Family Nyc Llc $1,200,000 --
2024 Bath Ave Llc $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Family Nyc Llc $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $1,200,000 -4.0% $545 / Sq Ft
09/28/2022 09/28/22 For Sale $1,250,000 -- $568 / Sq Ft
04/12/2022 04/12/22 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 $6,751 $70,320 $12,000 $58,320
2024 $6,751 $63,240 $12,000 $51,240
2023 $6,440 $69,300 $12,000 $57,300
2022 $5,923 $60,120 $12,000 $48,120
2021 $6,564 $56,040 $12,000 $44,040
2020 $6,284 $58,740 $12,000 $46,740
2019 $5,859 $58,740 $12,000 $46,740
2018 $5,387 $26,424 $6,476 $19,948
2017 $5,328 $26,136 $6,869 $19,267
2016 $5,225 $26,136 $8,245 $17,891
2015 $2,754 $24,741 $9,371 $15,370
2014 $2,754 $23,341 $10,609 $12,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460704

Brooklyn Board of REALTORS®

APN: 06442-0036