NOT LISTED FOR SALE

Estimated Value: $1,350,038 - $1,857,000

7 Beds
3 Baths
4,392 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,180,000 $269 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,658/month

Highlights

  • 4,000 Sq Ft lot
  • 1 Car Attached Garage
  • 2-minute walk to Galapo playground
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of April 2021

Excellent opportunity for an owner-user and/or investor seeking income-producing property. 2-Family, all brick house, is on the corner of Neck Road and East 26th Street, located in the highly desirable Sheepshead Bay neighborhood. This huge 4,392 square foot building has a lot size of 40 x 100 and R4 zoning. Property has three separate entries, one for each floor. The second and third floors feature the same layout with 3 bedrooms, a living room, dining room, full bathroom, and an eat in kitchen. The first floor has a large family room with a full bathroom and kitchen area. Property also features a 1-car garage attached at the back of the building. Conveniently located one block away from commercial street Ave U, and walking distance to transportation, local shopping, and restaurants. Needs TLC.

Last Agent to Sell the Property

Joseph Giordano

Coldwell Banker Reliable R E Listed on: 10/19/2020

Coldwell Banker Reliable R E

Last Buyer's Agent

Suying Wu

RE/MAX Real Estate Professionals License #10401254106

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,728

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,392 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,728

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 31.00
  • Co List Office Mls Id: 118740
  • Co List Office Phone: (718) 921-3100
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Cross Street Name2: Gravesend Neck Road
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Attached Garage
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 4392
  • Street Name I D X: 26
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 62
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 9728.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Apr 22, 2021
Sold by
Lindenbaum Jane and Lindenbaum Kenneth J
Bought by
Yi Zhuanyi and Zhong Yanwen
Seller's Agent
Joseph Giordano
Coldwell Banker Reliable R E
Buyer's Agent
Suying Wu
RE/MAX Real Estate Professionals
Sold Price
$1,180,000
Current Estimated Value
$1,505,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,760
Avg. Annual Appreciation
5.15%
Original Mortgage
$708,000
Outstanding Balance
$640,259
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$865,501

Purchase Details

Closed on
Nov 9, 2016
Sold by
Lindenbaum Kenneth
Bought by
Lindenbaum Jane and Lindenbaum Kenneth J

Purchase Details

Closed on
Oct 13, 2016
Sold by
Estate Of Sondra Lindenbaum
Bought by
Lindenbaum Kenneth
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
Yi Zhuanyi $1,180,000 --
Lindenbaum Jane -- --
Lindenbaum Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Zhuanyi $708,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $1,180,000 -- $269 / Sq Ft
10/19/2020 10/19/20 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 $11,089 $102,540 $11,160 $91,380
2024 $11,089 $98,040 $11,160 $86,880
2023 $11,128 $119,520 $11,160 $108,360
2022 $10,320 $97,800 $11,160 $86,640
2021 $10,263 $107,280 $11,160 $96,120
2020 $2,421 $122,100 $11,160 $110,940
2019 $9,624 $98,160 $11,160 $87,000
2018 $9,308 $45,662 $6,916 $38,746
2017 $8,781 $43,078 $7,004 $36,074
2016 $7,464 $40,640 $8,759 $31,881
2015 $4,671 $38,340 $11,400 $26,940
2014 $4,671 $38,340 $11,400 $26,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444714

Brooklyn Board of REALTORS®

APN: 07359-0062

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