NOT LISTED FOR SALE

Estimated Value: $1,428,000 - $1,752,000

Studio
3 Baths
2,552 Sq Ft
$626/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2023

Last sale price $1,430,000 $560 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,115 / mo

Highlights

  • Wood Flooring
  • 3-minute walk to 25 Avenue
  • Private Driveway
  • P.S. 97 - The Highlawn Rated A-
  • Hot Water Heating System
  • Back Yard

About This Home

As of July 2023

Great three-family is conveniently located in the most sought-after prime neighborhoods, Bensonhurst. It is only few steps away and surrounded by everything: supermarket/D Train/all kinds of restaurant/retail stores/shopping/entertainment, parks, highway and too much to mention. This home features a 9 bedrooms apartment, window for every single room, move-in condition, built-in garage for private parking up to 2 cars. Building size: 20x56' sitting on 20x100' lot. This house will not last!!!

Last Agent to Sell the Property

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 12/01/2022

RE/MAX Real Estate Professionals

Last Buyer's Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 12/01/2022

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,800

Year Built

  • Built in 1955

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,552 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,800

Year Built

Built in 1955

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 24th Av
  • Cross Street Name2: 25th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Washer
  • Fill Sq Ft Total: 2552
  • Building Stories: 2
  • Street Name I D X: 85th
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 68
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8800.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jul 25, 2023
Sold by
2427 Realty Corporation
Bought by
Lin Muxian
Seller's Agent
Hang Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Hang Chen
RE/MAX Real Estate Professionals
List Price
$1,679,000
Sold Price
$1,430,000
Premium/Discount to List
-$249,000
-14.83%
Views
9
Current Estimated Value
$1,553,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,982
Avg. Annual Appreciation
4.04%
Original Mortgage
$715,000
Outstanding Balance
$692,583
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$903,997

Purchase Details

Closed on
Sep 9, 2022
Sold by
Giovanna Procida Family Trust and Lisa Okubo As Trustee
Bought by
2427 Realty Corporation

Purchase Details

Closed on
Jul 20, 2011
Sold by
Procida Deceased Joseph and Procida Procida
Bought by
Balioni Trustee Robert and Giovanna Procida Family Trust
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
Lin Muxian $1,430,000 --
2427 Realty Corporation $1,375,000 --
Balioni Trustee Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Muxian $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $1,430,000 -12.7% $560 / Sq Ft
03/16/2023 03/16/23 Price Changed $1,638,000 -0.7% $642 / Sq Ft
01/25/2023 01/25/23 Price Changed $1,650,000 -1.7% $647 / Sq Ft
12/01/2022 12/01/22 For Sale $1,679,000 -- $658 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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
2026 $10,516 $85,500 $12,600 $72,900
2025 $10,511 $78,360 $12,600 $65,760
2024 $10,511 $85,860 $12,600 $73,260
2023 $10,027 $82,680 $12,600 $70,080
2022 $8,800 $85,440 $12,600 $72,840
2021 $9,733 $82,740 $12,600 $70,140
2020 $4,565 $69,180 $12,600 $56,580
2019 $9,123 $67,020 $12,600 $54,420
2017 $7,267 $38,816 $7,945 $30,871
2016 $3,231 $38,541 $9,894 $28,647
2015 $1,769 $36,360 $13,980 $22,380
2014 $1,769 $36,343 $13,973 $22,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469385

Brooklyn Board of REALTORS®

APN: 06856-0068

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