NOT LISTED FOR SALE

214 Tapscott St Brooklyn, NY 11212

Brownsville Neighborhood

Estimated Value: $654,101

-- Bed
-- Bath
3,034 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $650,000 $214 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,644/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Sutter Avenue-Rutland Road

About This Home

As of August 2022

Large, 3000+ sq ft Brick Corner Multi-Use Property in the Brownsville section of Brooklyn. Two residential second-floor units and both are spacious two-bedroom apartments. One lease expires soon, 2nd may be delivered vacant. Ground-level commercial space is vacant, providing an excellent opportunity for a new business or business expansion. Nearby transportation 2, 3 & 4 trains @ Sutter & Saratoga Avenues. Showings by appointment only; contact listing agents with all questions or present offers.

Last Agent to Sell the Property

Charles Olson

Keller Williams Realty Empire Listed on: 02/11/2022

Keller Williams Realty Empire

Co-Listed By

Jean Marrone

Keller Williams Realty Empire

Last Buyer's Agent

Charles Olson

Keller Williams Realty Empire Listed on: 02/11/2022

Keller Williams Realty Empire

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1930

Lot Details

  • 1,515 Sq Ft Lot
  • Lot Dimensions are 75 x 20
  • Irregular Lot
  • Property is zoned C8-2

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property
  • Basement Cellar

Flooring

  • Wood
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 3549

Community Details

Overview

  • 2 Units

Building Details

  • 4 Vacant Units
  • Fuel Expense $3,600
  • Insurance Expense $5,000
  • Utility Expense $500
  • Gross Income $51,000

Property Details

Property Type

Other

Est. Annual Taxes

$2,273

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Length: 75.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117340
  • Co List Office Phone: (718) 954-8400
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Dumont Avenue
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 4
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3034
  • Building Stories: 2
  • Street Name I D X: Tapscott
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1515

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 51
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3600.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 75
  • Lot Size Width: 20
  • Zoning: C8-2

Multi Family

  • Annual Gross Expense: 13773.00
  • Annual Gross Income: 51000
  • Insurance Expense: 5000.00
  • Unit Count: 3
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 2273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Aug 19, 2022
Sold by
Precise Property Management Inc
Bought by
Tapscott 214 Llc
Seller's Agent
Charles Olson
Keller Williams Realty Empire
Buyer's Agent
Charles Olson
Keller Williams Realty Empire
Sold Price
$650,000
Current Estimated Value
$654,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,101
Avg. Annual Appreciation
0.19%
Original Mortgage
$350,000
Outstanding Balance
$334,697
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,404

Purchase Details

Closed on
Oct 4, 2021
Sold by
Rg Tapscott Corp
Bought by
Precise Property Management Inc

Purchase Details

Closed on
Dec 4, 2015
Sold by
Graves Deceased Martha
Bought by
Rg Tapscott Corp

Purchase Details

Closed on
Sep 13, 2002
Sold by
Mar-Raves Inc
Bought by
Graves Rudy and Graves Martha
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
Tapscott 214 Llc $600,000 --
Precise Property Management Inc -- --
Rg Tapscott Corp -- --
Graves Rudy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapscott 214 Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $650,000 -- $214 / Sq Ft
02/11/2022 02/11/22 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 $2,724 $50,400 $6,540 $43,860
2024 $2,724 $50,220 $6,540 $43,680
2023 $2,598 $55,380 $6,540 $48,840
2022 $2,410 $45,480 $6,540 $38,940
2021 $2,397 $40,800 $6,540 $34,260
2020 $1,798 $36,720 $6,540 $30,180
2019 $2,364 $31,920 $6,540 $25,380
2018 $2,173 $10,662 $2,623 $8,039
2017 $2,051 $10,059 $2,655 $7,404
2016 $1,898 $9,492 $3,008 $6,484
2015 $1,145 $9,492 $3,605 $5,887
2014 $1,145 $9,418 $4,295 $5,123
Source: Public Records

Agents Affiliated with this Home

  • Charles Olson

    Seller's Agent in 2022

    Charles Olson

    Keller Williams Realty Empire

    (917) 836-1050

    1 in this area

    159 Total Sales

    Charles Olson
    Section Image
  • Jean Marrone

    Seller Co-Listing Agent in 2022

    Jean Marrone

    Keller Williams Realty Empire

    (718) 938-9568

    1 in this area

    83 Total Sales

    Jean Marrone
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458984

Brooklyn Board of REALTORS®

APN: 03549-0051

New York Kings County Brooklyn 11212 Brownsville

214 Tapscott St, Brooklyn, NY

Not Listed for Sale

Other

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