NOT LISTED FOR SALE

Estimated Value: $1,966,662

-- Bed
-- Bath
2,450 Sq Ft
$803/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $1,800,000 $735 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,164/month

Highlights

  • Wood Flooring
  • 3-minute walk to 25 Avenue
  • Back Yard
  • P.S. 101 the Verrazano Rated A
  • Heating System Uses Steam

About This Home

As of August 2022

Location! Location! Great Opportunity on a busy 86th Street. Store + 1 Family. Conveniently closed to shopping, restaurants and transportation (D train, B1, B82), public schools and library. This awesome property is great for investor or future end-user owners. Don't miss out this wonderful opportunity!. Motivated Sellers and cooperative listing agent.

Last Agent to Sell the Property

Giuseppe Peconio

Bay Sun Realty Inc. Listed on: 07/06/2021

Last Buyer's Agent

Richard Ng

Bay Sun Realty Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,022

Year Built

  • Built in 1930

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Fuel Expense $2,900
  • Insurance Expense $2,500
  • Utility Expense $432

Listing and Financial Details

  • Tax Block 6858

Property Details

Property Type

Other

Est. Annual Taxes

$9,022

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 950
  • Building Length: 50.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 23rd Av
  • Cross Street Name2: 24th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2450
  • Building Stories: 2
  • Street Name I D X: 86th
  • Street Number I D X: 2367
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1900

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 49
  • Roof: Asphalt/Tar, Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 2900.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R5

Multi Family

  • Insurance Expense: 2500.00
  • Unit Count: 2
  • Annual Utility Expenses: 432.00

Tax Info

  • Flip Tax Amount: 9022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 16, 2022
Sold by
Weinberg Anna and Weinberg Richard
Bought by
86 Thriving Property Inc
Seller's Agent
Giuseppe Peconio
Bay Sun Realty Inc.
Buyer's Agent
Richard Ng
Bay Sun Realty Inc.
Sold Price
$1,800,000
Current Estimated Value
$1,966,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,662
Avg. Annual Appreciation
2.81%
Original Mortgage
$970,000
Outstanding Balance
$927,590
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,039,072

Purchase Details

Closed on
Apr 23, 1999
Sold by
Distefano Alfred and Ruta Diane
Bought by
Weinberg Richard and Weinberg Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
7.53%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
86 Thriving Property Inc $1,800,000 --
86 Thriving Property Inc $1,800,000 --
Weinberg Richard $375,000 First American Title Ins Co
Weinberg Richard $375,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 86 Thriving Property Inc $970,000
Closed 86 Thriving Property Inc $970,000
Previous Owner Weinberg Richard $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $1,800,000 -- $735 / Sq Ft
07/06/2021 07/06/21 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 $10,196 $85,020 $19,380 $65,640
2024 $10,196 $85,740 $19,380 $66,360
2023 $9,726 $79,800 $19,380 $60,420
2022 $9,019 $70,680 $19,380 $51,300
2021 $8,970 $63,780 $19,380 $44,400
2020 $6,728 $63,000 $19,380 $43,620
2019 $8,850 $54,780 $19,380 $35,400
2018 $8,136 $39,910 $16,939 $22,971
2017 $7,675 $37,651 $17,128 $20,523
2016 $7,101 $35,520 $19,380 $16,140
2015 $5,395 $35,520 $19,380 $16,140
2014 $5,395 $35,520 $19,380 $16,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453605

Brooklyn Board of REALTORS®

APN: 06858-0049