NOT LISTED FOR SALE

2295 Pitkin Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $1,049,709 - $1,315,000

4 Beds
4.5 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $1,299,000

Est. 6% decrease in value since last sale

Current estimated payment $7,106/month

182 Days on Market

Highlights

  • Newly Remodeled
  • 3-minute walk to Van Siclen Avenue (A,C Line)
  • Corner Lot
  • Property is near public transit
  • Wood Flooring
  • 7 Garage Spaces | 4 Attached and 3 Detached

About This Home

As of August 2023

Built in 2012, this brick-corner property has 2 residential units and 2 commercial spaces. Seated on a 2,500 sqft lot with 3,000 sqft of construction in a very upcoming area of East New York. This 2 story building features 2 (2) bedroom apartments and two storefront commercial spaces occupied by two churches. Every unit has a separate heating system, new hot water tank, including one for the basement, and each store has a central AC unit. Ample space in the back to fit 5 cars. Full-finished basement with a half bath and a laundry room for the tenants. R7A zoning. A total FAR of 10k of air right remaining. Sprinklers sys. High ceilings. A high-income producer property in excellent condition can be sold as a package deal with 2291 Pitkin Ave, next door building. Get it before it is gone!

Last Agent to Sell the Property

Margarita Garcia

Home Global Realty Corp License #10311209384 Listed on: 12/21/2022

Last Buyer's Agent

Margarita Garcia

Home Global Realty Corp License #10311209384 Listed on: 12/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,947

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Property fronts an easement
  • No Common Walls
  • South Facing Home
  • Corner Lot

Parking

  • 7 Garage Spaces | 4 Attached and 3 Detached

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Fire Sprinkler System
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Location

  • Property is near public transit

Schools

  • Middle School For Art And Philosophy
  • High School For Medical Professions

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 30 / 3996
  • Assessor Parcel Number 03996-0030

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,947

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 2012
  • New Construction: Yes
  • BuildingSize: 25 x 65
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Refrigerator,Washer
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Block, Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Detached, 3 Car Detached, Attached, 4+ Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4
  • SeparateHotwaterHeaterDetail: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle School For Art And Philosophy

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Easement, Near Public Transit
  • Parcel Number: 03996-0030
  • Zoning Description: R&A
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-12-23

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 6947
  • Tax Block: 3996
  • Tax Lot: 30
  • Tax Map Number: 03996-0030

MLS Schools

  • High School: High School For Medical Professions
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Aug 24, 2023
Sold by
Ali Bibi and Khan Patrick
Bought by
Cdwlegacy Llc
Seller's Agent
Margarita Garcia
Home Global Realty Corp
Buyer's Agent
Margarita Garcia
Home Global Realty Corp
List Price
$1,389,000
Sold Price
$1,299,000
Premium/Discount to List
-$90,000
-6.48%
Views
28
Current Estimated Value
$1,227,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,573
Avg. Annual Appreciation
-2.51%
Original Mortgage
$941,250
Outstanding Balance
$919,802
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,625

Purchase Details

Closed on
Dec 15, 2022
Sold by
Ali Bibi and Khan Patrick
Bought by
Ali Bibi and Khan Patrick
Source: Public Records

Range of Values:

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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
Cdwlegacy Llc $1,299,000 --
Ali Bibi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cdwlegacy Llc $941,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $1,299,000 -6.5% --
06/21/2023 06/21/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $1,389,000 +6.9% --
02/14/2023 02/14/23 Price Changed $1,299,000 -6.5% --
12/21/2022 12/21/22 For Sale $1,389,000 -- --
Source: OneKey® MLS

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 $7,636 $57,300 $12,600 $44,700
2024 $7,636 $51,420 $12,600 $38,820
2023 $7,457 $63,120 $12,600 $50,520
2022 $6,947 $58,500 $12,600 $45,900
2021 $7,450 $53,820 $12,600 $41,220
2020 $7,450 $45,000 $12,600 $32,400
2019 $6,627 $41,880 $12,600 $29,280
2018 $6,238 $30,600 $8,144 $22,456
2017 $6,238 $30,600 $9,562 $21,038
2016 $5,930 $29,663 $11,430 $18,233
2015 $1,641 $27,984 $9,275 $18,709
2014 $1,641 $26,400 $10,500 $15,900
Source: Public Records

Agents Affiliated with this Home

  • Margarita Garcia

    Seller's Agent in 2023

    Margarita Garcia

    Home Global Realty Corp

    (917) 783-8592

    4 in this area

    27 Total Sales

    Margarita Garcia
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Map

Source: OneKey® MLS

MLS Number: KEY3449042

OneKey® MLS

APN: 03996-0030

New York Kings County Brooklyn 11207 East New York

2295 Pitkin Ave, Brooklyn, NY

Not Listed for Sale

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