$2,500,000
SOLD OCT 31, 2024
-- Bed
-- Bath
4,000 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$625 Per Sq Ft

15% Below List Price

Highlights

  • Brick Front
  • 4-minute walk to Ocean Parkway
  • Concrete Flooring
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A

About This Home

As of October 2024

Two-Story Mixed-Use Building on Brighton Beach
Discover an exceptional investment opportunity in the heart of Brighton Beach with this fully vacant, recently renovated two-story mixed-use building. Situated in a high-traffic area, this property presents immense potential for various commercial and residential uses.
Property Details:
Lot Size: 20 feet by 100 feet
Building Size: 20 feet by 97 feet
Zoning: R6
The building was recently fully renovated (new electric, roof and HVAC system, new plumbing system).

Last Agent to Sell the Property

Vadim Blinov

RE/MAX Edge License #10401325302 Listed on: 05/13/2024

RE/MAX Edge

Co-Listed By

Anna Soboleva

RE/MAX Edge License #10401366828

RE/MAX Edge

Last Buyer's Agent

Anna Soboleva

RE/MAX Edge License #10401366828

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $30,248

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Block Foundation
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 4,000 Sq Ft Home
  • Concrete Flooring
  • Partial Basement

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8670

Property Details

Property Type

Other

Est. Annual Taxes

$30,248

Lot Details

0

Listing Details

  • Basement Amenities: Partial
  • Borough: Brooklyn
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Commercial Condo Y N: Yes
  • Commercial Features Exterior: Loading Dock Levelers, Sign - Building
  • Commercial Features Interior: Fire - Smoke Alarm, Restrooms - Staff
  • Confirmed By M L S Y N: Yes
  • Cross Street: Brighton Beach
  • Heat Delivery: Ductless/Split
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other, None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Street Name I D X: Brighton Beach
  • Street Number I D X: 225
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Aluminum Siding, Brick Face
  • Foundation Details: Block
  • Lot Number: 44
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Oct 29, 2024
Sold by
225 Brighton Beach Avenue Llc
Bought by
Brighton 225 Llc
Seller's Agent
Vadim Blinov
RE/MAX Edge
Buyer's Agent
Anna Soboleva
RE/MAX Edge
List Price
$2,950,000
Sold Price
$2,500,000
Premium/Discount to List
-$450,000
-15.25%
Views
5
Current Estimated Value
$2,373,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,825
Avg. Annual Appreciation
-5.50%

Purchase Details

Closed on
Oct 10, 2019
Sold by
225 Bright Llc
Bought by
225 Brighton Beach Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2017
Sold by
Sosinsky Roman and Vigdorov Boris
Bought by
225 Bright Llc

Purchase Details

Closed on
May 20, 1998
Sold by
Massino Joseph
Bought by
Massino Josephine

Purchase Details

Closed on
Mar 10, 1997
Sold by
Moshashvili Yossef
Bought by
Sosinsky Roman and Vigdorov Boris
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $2,350,000 --
Deed $1,500,000 --
Deed $1,500,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- Trw Title Insurance
Interfamily Deed Transfer -- Trw Title Insurance
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $2,500,000 -7.4% $625 / Sq Ft
08/01/2024 08/01/24 Price Changed $2,699,000 -1.9% $675 / Sq Ft
06/19/2024 06/19/24 Price Changed $2,750,000 -1.8% $688 / Sq Ft
06/04/2024 06/04/24 Price Changed $2,800,000 -3.4% $700 / Sq Ft
05/24/2024 05/24/24 Price Changed $2,899,000 -1.7% $725 / Sq Ft
05/13/2024 05/13/24 For Sale $2,950,000 -- $738 / Sq Ft
05/13/2024 05/13/24 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 $30,248 $366,750 $38,700 $328,050
2024 $30,248 $359,100 $38,700 $320,400
2023 $28,735 $319,050 $38,700 $280,350
2022 $26,019 $243,000 $38,700 $204,300
2021 $23,099 $216,000 $38,700 $177,300
2020 $23,099 $290,700 $38,700 $252,000
2019 $23,974 $280,800 $38,700 $242,100
2018 $21,978 $274,050 $38,700 $235,350
2017 $19,133 $218,250 $38,700 $179,550
2016 $17,920 $203,850 $38,700 $165,150
2015 $11,115 $176,400 $38,700 $137,700
2014 $11,115 $155,700 $38,700 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 482048

Brooklyn Board of REALTORS®

APN: 08670-0044