NOT LISTED FOR SALE

Estimated Value: $1,668,436

4 Beds
3.5 Baths
4,000 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $1,435,000 $359 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,648/month

277 Days on Market

About This Home

As of June 2022

MIXED USE property situated in Brooklyn, bordering Borough Park, Bensonhurst & Midwood. 2 story Mixed Used brick building, excellent condition, sits on its entire lot ( 20 ft x 100 ft). Retail Space Leased for the next 10 years at $3500 with incremental rent of $300 in 2022 1 bedroom / 1 bath. skylight, North facing (private entry from Dahill Road). Rented for $1700 -3 bedrooms/ 1 bath apartment, new appliances, dishwasher, WD. skylight. South Facing. ( Private entry on 65th Street). delivered vacant, projected rent $2400. The total property interior is 4000 SQFT+ basement of 2000 sqft.
Basement rented for $400. Can easily be converted into two retail spaces, since both windowed storefronts have access on each side, one from 65th street and one from Dahill Road. Total current monthly income $5600 + owner-occupied unit, Potential monthly income of $8300. * The retail space currently leased out until 2031 * The 1 bedroom unit has a tenant in place until July 2021. Steps to coffee shops retail stores, restaurants, supermarkets, Ocean Parkway, and Kings Highway.

Last Agent to Sell the Property

Aline Scott

Compass License #10401231028 Listed on: 02/11/2021

Compass

Co-Listed By

SHAHLA KAYOUD

Brown Harris Stevens Brooklyn LLC License #40KA0938639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 2 Units
  • Mapleton Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Mapleton
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1931

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Jun 9, 2022
Sold by
Kwan Chui Yee and Kwan Shichiu
Bought by
Ahmed Uzir Llc
Seller's Agent
Aline Scott
Compass
List Price
$1,990,000
Sold Price
$1,435,000
Premium/Discount to List
-$555,000
-27.89%
Current Estimated Value
$1,668,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,436
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,076,250
Outstanding Balance
$1,024,322
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,114
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ahmed Uzir Llc $1,435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Uzir Llc $1,076,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2022 07/17/22 Off Market $1,435,000 -- --
06/09/2022 06/09/22 Sold $1,435,000 -6.1% $359 / Sq Ft
03/31/2022 03/31/22 Price Changed $1,529,000 -23.2% $382 / Sq Ft
02/11/2021 02/11/21 For Sale $1,990,000 -- $498 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,184 $96,720 $19,920 $76,800
2024 $11,184 $102,480 $19,920 $82,560
2023 $10,669 $109,020 $19,920 $89,100
2022 $7,115 $99,480 $19,920 $79,560
2021 $7,492 $88,500 $19,920 $68,580
2020 $5,653 $82,080 $19,920 $62,160
2019 $6,621 $82,080 $19,920 $62,160
2018 $3,803 $43,776 $12,749 $31,027
2017 $3,850 $43,272 $13,515 $29,757
2016 $3,704 $43,272 $16,215 $27,057
2015 $2,023 $40,988 $16,779 $24,209
2014 $2,023 $38,668 $17,586 $21,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10791646

Real Estate Board of New York (REBNY)

APN: 06562-0047