NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $2,267,000

-- Bed
3 Baths
2,310 Sq Ft
$789/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $1,325,000 $574 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,937/month

Highlights

  • Wood Flooring
  • 4-minute walk to Prospect Avenue (D,M,N,R Line)
  • Back and Front Yard
  • Heating System Uses Steam

About This Home

As of January 2023

Park Slope South – This 3-story, 2-family brick home with a full basement, large yard, and updated mechanicals on 20th Street off of vibrant 5th Avenue! This property offers so many possibilities for the investor or owner-occupier, whether keeping the 2 units for great rental income, living in one unit and renting the other, converting it to an expansive one family. Set on a 25’ × 100 lot, the property currently features two 2-bedroom apartments. R6B zoning (2.0) FAR allows for 5,000 +/- square feet of buildable air rights, further expanding the possibilities! The basement is generously-sized with high ceilings. Best of all is the location, convenient to the diverse dining and retail establishments along 5th Avenue. Historic Greenwood Cemetery and Industry City with its hip eateries, shops, art galleries & outdoor events are only a short stroll away. Also, close by are the Prospect and Gowanus Expressways, the bus a half-block away, and the express subway station at 36 Street. This home is zoned for PS 295 in School District 15. Will be delivered vacant at closing. This is a rare opportunity to own a free market, multifamily with so many possibilities. Additional photos, floorplan, and videos will be uploaded shortly.

Last Agent to Sell the Property

Gamal Hasan

Bellmarc Listed on: 04/18/2022

Last Buyer's Agent

Gamal Hasan

Bellmarc Listed on: 04/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,310 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,432

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 30.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Ave
  • Cross Street Name2: 5th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 2310
  • Building Stories: 3
  • Street Name I D X: 20th
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Carpeting, Ceramic, Hardwood, Laminate, Linoleum
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Stone
  • Lot Number: 66
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 3432.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jan 11, 2023
Sold by
Esdras Tulier Successor Trustee
Bought by
207 20Th Llc
Seller's Agent
Gamal Hasan
Bellmarc
Buyer's Agent
Gamal Hasan
Bellmarc
Sold Price
$1,325,000
Current Estimated Value
$1,822,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,302
Avg. Annual Appreciation
11.33%
Original Mortgage
$795,000
Outstanding Balance
$769,917
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,052,385

Purchase Details

Closed on
Aug 22, 2019
Sold by
Esdras Tulier Successor Trustee
Bought by
Esdras Tulier Successor Trustee and The Edwin And Lydia Tulier Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,788
Interest Rate
3.5%
Mortgage Type
FHA
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
207 20Th Llc $1,325,000 --
Esdras Tulier Successor Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 207 20Th Llc $795,000
Previous Owner Esdras Tulier Successor Trustee $1,089,788
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $1,325,000 -- $574 / Sq Ft
04/18/2022 04/18/22 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 $4,663 $126,660 $20,940 $105,720
2024 $4,663 $111,960 $20,940 $91,020
2023 $4,453 $137,400 $20,940 $116,460
2022 $2,757 $135,120 $20,940 $114,180
2021 $3,653 $109,140 $20,940 $88,200
2020 $2,740 $118,860 $20,940 $97,920
2019 $3,388 $96,420 $20,940 $75,480
2018 $3,065 $18,270 $4,856 $13,414
2017 $3,042 $18,093 $4,014 $14,079
2016 $2,793 $17,076 $5,115 $11,961
2015 $1,620 $17,067 $5,510 $11,557
2014 $1,620 $16,123 $5,453 $10,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460851

Brooklyn Board of REALTORS®

APN: 00637-0066