NOT LISTED FOR SALE

Estimated Value: $766,564

-- Bed
-- Bath
1,100 Sq Ft
$697/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $1,300,000 $1,182 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $5,967/month

About This Home

As of June 2023

Prime Corner retail space located at the very busy intersection of
Flatbush Ave & Fillmore Ave. This flexible space allows for
many uses such as medical / professional office, retail,
dining, house of worship or fitness. Offering 1100 SF corner
exposure. Plus a full basement with sidewalk access and
great ceiling heights. Excellent exposure for signage with
heavy vehicular and pedestrian traffic. Neighboring Tenants
include: King’s Plaza Mall, Chrysler, Jeep, Walgreens,
Ashley Home Store, U.S. Post Office, KFC, Popeyes,
McDonald’s, Petco, CVS, TD Bank, Burger King, Dunkin
Donuts, P.C. Richard & Son, Bobs Discount Furniture and
many More!

Last Agent to Rent the Property

Gerard Longo

MadisonEstates Sothebys Realty Listed on: 02/27/2023

MadisonEstates Sothebys Realty

Co-Listed By

Peter Hernandez

MadisonEstates Sothebys Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Property is zoned C8-1

Parking

  • On-Street Parking

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Negotiable Lease Term
  • Tax Block 8509

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Lease Terms: Lease Option, Flexible

Listing Details

  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2000
  • Building Length: 100.00
  • Building Width: 20.00
  • Co List Office Mls Id: 111980
  • Co List Office Phone: (718) 645-1665
  • Confirmed By M L S Y N: Yes
  • Cross Street: Fillmore Ave
  • Cross Street Name2: Avenue S
  • Lease Options: Flex
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Store
  • Prop. Type: Rental
  • Fill Sq Ft Total: 1100
  • Building Stories: 2
  • Street Name I D X: Flatbush
  • Street Number I D X: 2274
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Lot Sq Ft: 2000

Exterior Features

  • Exterior Building Type: Semi-Detached
  • Lot Number: 41

Lot Info

  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: C8-1

Tax Info

  • Flip Tax Amount: 23134.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jan 11, 2022
Sold by
2274 Flatbush Ave Corp
Bought by
Flatbush 74 Llc
Sold Price
$1,300,000
Current Estimated Value
$766,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$533,436
Avg. Annual Appreciation
-13.72%
Original Mortgage
$575,000
Outstanding Balance
$534,311
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,253
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 Buyer Sale Price Title Company
Flatbush 74 Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flatbush 74 Llc $575,000
Previous Owner Mosaic Realty Corp $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Rented $4,500 -10.0% --
02/27/2023 02/27/23 For Rent $4,999 0.0% --
02/01/2022 02/01/22 Sold $1,300,000 -- $325 / Sq Ft
04/09/2021 04/09/21 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 $21,592 $221,400 $30,600 $190,800
2024 $21,592 $203,850 $30,600 $173,250
2023 $23,666 $234,000 $30,600 $203,400
2022 $23,134 $215,550 $30,600 $184,950
2021 $19,923 $186,300 $30,600 $155,700
2020 $14,942 $239,400 $30,600 $208,800
2019 $20,070 $236,250 $30,600 $205,650
2018 $18,414 $198,000 $30,600 $167,400
2017 $17,563 $175,500 $30,600 $144,900
2016 $17,358 $166,050 $30,600 $135,450
2015 $11,081 $178,650 $30,600 $148,050
2014 $11,081 $157,500 $30,600 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472141

Brooklyn Board of REALTORS®

APN: 08509-0041