NOT LISTED FOR SALE

Estimated Value: $1,159,760 - $1,488,000

5 Beds
3 Baths
2,892 Sq Ft
$468/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $1,265,000 $437 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,815/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • Multiple cooling system units
  • Laundry Facilities
  • 4-minute walk to Galapo playground

About This Home

As of April 2018

Enormous legal two-family with a full basement and nearly 3,000 square feet of living space centrally located right in Sheepshead Bay is priced perfectly and ready to move! This Large Well Kept 2 Family Semi-Detached Solid Brick Home with shared driveway and 2 car Garage sits on a 25x100 lot and building size is 20x50. 1st floor features 2 bedrooms, 1 bath, eat-in-kitchen with tiled floors, dining room, hardwood floors, tiled bathroom, and lots of closets, windows and high ceilings. 2nd floor features 3 bedrooms, 1 bath, updated eat-in-kitchen, dining room, a bathroom and lots of closets, high ceilings, and windows. The basement is semi-finished with 3/4 bath, Utility room and separate entrances. NEW GAS BOILER AND HOT WATER HEATER. HOUSE HAS GREAT CURB APPEAL AND LOTS OF ADDITIONAL POTENTIAL. Conveniently located near schools, shopping, restaurants, and houses of worship, parks and public transportation. The Avenue U Station on the B and Q line is a 10 minute walk away. Will be delivered Vacant. This is a great opportunity to Live and Earn!

Last Agent to Sell the Property

Jerry Tenenbaum

Top Nest Inc Listed on: 11/28/2017

Last Buyer's Agent

Jerry Tenenbaum

Top Nest Inc Listed on: 11/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1930

Lot Details

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

Parking

  • 2 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement
  • Washer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7381

Community Details

Building Details

  • Fuel Expense $2,916
  • Insurance Expense $1,870
  • Utility Expense $1,700

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished, Separate Entrance
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave. V
  • Cross Street Name2: Ave. W
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2892
  • Building Stories: 2
  • Street Name I D X: 22
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 252
  • Roof: Flat

Utilities

  • Air Conditioning Units: 4
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2916.00

Lot Info

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

Multi Family

  • Insurance Expense: 1870.00
  • Unit Count: 2
  • Annual Utility Expenses: 1700.00

Tax Info

  • Flip Tax Amount: 2500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Apr 27, 2018
Sold by
Arthur Harvey Forman As Co-Executor
Bought by
Chan Siu Na
Seller's Agent
Jerry Tenenbaum
Top Nest Inc
Buyer's Agent
Jerry Tenenbaum
Top Nest Inc
Sold Price
$1,265,000
Current Estimated Value
$1,352,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,440
Avg. Annual Appreciation
0.87%
Original Mortgage
$700,000
Outstanding Balance
$604,106
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$748,334
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
Chan Siu Na $1,265,000 --
Estate Of Muriel Finck -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Siu Na $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $1,265,000 -- $437 / Sq Ft
11/28/2017 11/28/17 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 $8,996 $76,980 $10,800 $66,180
2024 $8,996 $77,820 $10,800 $67,020
2023 $9,096 $74,460 $10,800 $63,660
2022 $8,462 $60,960 $10,800 $50,160
2021 $8,416 $66,840 $10,800 $56,040
2019 $7,808 $65,640 $10,800 $54,840
2018 $2,656 $37,324 $7,094 $30,230
2017 $2,661 $35,325 $7,049 $28,276
2016 $2,418 $33,326 $8,485 $24,841
2015 $1,429 $31,440 $12,000 $19,440
2014 $1,429 $31,104 $11,872 $19,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416382

Brooklyn Board of REALTORS®

APN: 07381-0252