$1,150,000

2325 Mermaid Ave Brooklyn, NY 11224

Coney Island Neighborhood

Estimated payment $6,584/month

Total Views 5,182
-- Bed
-- Bath
3,246 Sq Ft
$354 Price per Sq Ft

Highlights

  • Tile Flooring
  • Hot Water Heating System
  • Back Yard
  • Is 228 David A Boody Rated A-

About This Home

Great opportunity to own Mixed-use building in the Up-and-Coming Neighborhood in Brooklyn Coney Island. All apartments will be delivered vacant at closing. Building consists of one store plus four- families, all apartments need TLC. Great opportunity to renovate your luxury apartments. Select your own tenants, set up your ideal way for heating and hot water systems. Very Low Property Tax $6,916 yearly. Short distance to Coney Island Beach, Amusement Park famous Luna Park and much more...

Listing Agent

Siu Kit Wong

RE/MAX Real Estate Professionals License #40WO1160721 Listed on: 10/10/2024

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,916

Year Built

  • Built in 1930

Lot Details

  • 1,967 Sq Ft Lot
  • Lot Dimensions are 80 x 19
  • Back Yard
  • Property is zoned R6, C1-2

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 3,246 Sq Ft Home
  • 3-Story Property

Flooring

  • Linoleum
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 7015

Property Details

Property Type

Other

Est. Annual Taxes

$6,916

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 23rd St
  • Cross Street Name2: West 24th St
  • Heat Delivery: Hot Water
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3246
  • Building Stories: 3
  • Street Name I D X: Mermaid
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Linoleum, Tile
  • Lot Sq Ft: 1967

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 49
  • Roof: Other

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 19
  • Zoning: R6, C1-2

Tax Info

  • Flip Tax Amount: 6916.00

Multi Family

  • Unit Count: 5

Map

Range of Values:

--
Value Increase
--
Percent Increase
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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

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 $6,916 $162,000 $95,850 $66,150
2024 $6,916 $135,000 $95,850 $39,150
2023 $6,284 $162,900 $95,850 $67,050
2022 $5,803 $203,400 $95,850 $107,550
2021 $5,819 $239,400 $95,850 $143,550
2020 $2,772 $262,800 $95,850 $166,950
2019 $5,367 $251,100 $95,850 $155,250
2018 $5,012 $39,403 $18,049 $21,354
2017 $4,641 $36,487 $17,623 $18,864
2016 $4,704 $36,487 $19,285 $17,202
2015 $2,828 $35,352 $22,082 $13,270
2014 $2,828 $32,734 $20,447 $12,287
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 For Sale $1,150,000 -- $354 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 486671

Brooklyn Board of REALTORS®

APN: 07015-0049

New York Kings County Brooklyn 11224 Coney Island

2325 Mermaid Ave, Brooklyn, NY

For Sale

Other

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Siu Kit Wong
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Siu Kit Wong
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RE/MAX Real Estate Professionals
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