NOT LISTED FOR SALE
6 Beds
5 Baths
3,200 Sq Ft
2,500 Sq Ft Lot

Sale Details

Date Sold: November 21, 2022

Last sale price $1,838,000 $574 Per Sq Ft

Highlights

  • Wood Flooring
  • Back and Front Yard
  • 3-minute walk to Community Playground
  • Hot Water Heating System

About This Home

As of November 2022

Tremendous income producing 4 family walk-up, all brick-semi detached located in Bensonhurst/Midwood section of Brooklyn. House features: 2-2 bedroom and 2-1 bedroom units. Basement with bathroom, summer kitchen, 2 entrances front and back length of entire house. Each unit has separate heating systems (4) total and 5 electric meters. Building sqft is 3200 and Lot sqft is 2500 (25 X 100). Perfect fit for all investors/ 1031 Tax exchange. 1 block off of Bay Parkway, close to mass transit and shopping. Updated photos to follow. All appointments to commence on 6/2/22 between 11am through 12pm

Last Agent to Sell the Property

Steve Monterosso

DiTommaso Real Estate Listed on: 05/25/2022

DiTommaso Real Estate

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,241

Year Built

  • Built in 1924

Lot Details

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

Home Design

  • 3,200 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Kitchen

  • Stove

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6551

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,500
  • Gross Income $79,200
  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,241

Year Built

Built in 1924

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Separate Entrance
  • Total Bathrooms: 5.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cross Street
  • Gross Lease: 79200
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: 1 Space
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 3200
  • Street Name I D X: 63rd
  • Waterfront Present: No
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Ceramic, Concrete, Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 52
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4-1

Rental Info

  • Rent Income: 79200

Multi Family

  • Annual Gross Income: 79200
  • Insurance Expense: 2500.00
  • Property Net Operating Income: 58200.00
  • Unit Count: 4

Tax Info

  • Flip Tax Amount: 15241.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Nov 21, 2022
Sold by
Bought by
Seller's Agent
Steve Monterosso
DiTommaso Real Estate
Buyer's Agent
Jason Zhou
RE/MAX Edge
Sold Price
$1,838,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,000
Interest Rate
0.0695%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,838,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $919,000
Previous Owner $375,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,838,000 -- $574 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,706 $367,200 $92,700 $274,500
2025 $17,336 $324,450 $92,700 $231,750
2024 $17,336 $304,200 $92,700 $211,500
2023 $17,010 $301,500 $92,700 $208,800
2022 $16,414 $304,200 $92,700 $211,500
2021 $15,241 $301,050 $92,700 $208,350
2020 $14,358 $304,560 $92,700 $211,860
2019 $13,453 $304,560 $92,700 $211,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 462892

Brooklyn Board of REALTORS®

APN: 06551-0052

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