NOT LISTED FOR SALE

271 Nichols Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $973,055 - $1,285,000

6 Beds
2 Baths
2,160 Sq Ft
$528/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $1,140,000 $528 Per Sq Ft

Current estimated payment $6,837/month

98 Days on Market

Highlights

  • Colonial Architecture
  • 4 Car Attached Garage
  • Baseboard Heating

About This Home

As of December 2023

Mint condition. The property was fully renovated on 2016. It has PARKING for 9 CARS. Solid Brick 2 family home. Can be delivered vacant. Great income property.

Last Agent to Sell the Property

Luz Lopez

Century Homes Realty Group LLC Brokerage Phone: 718-886-6800 License #40LO1057784 Listed on: 04/04/2023

Century Homes Realty Group LLC

Last Buyer's Agent

Monica Hidalgo

Winzone Realty Inc License #10401322650

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1905

Lot Details

  • 4,959 Sq Ft Lot
  • Lot Dimensions are 39.67x125
  • 1 Common Wall

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Is 171 Abraham Lincoln Middle School
  • Brooklyn Lab High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 18 / 4151
  • Assessor Parcel Number 04151-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1905
  • New Construction: No
  • Attribution Contact: 718-886-6800
  • BuildingSize: 20x52
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: 1

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 39.67x125
  • Lot Size Sq Ft: 4959
  • Lot Size Units: Acres
  • Parcel Number: 04151-0018
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-05

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7000
  • Tax Block: 4151
  • Tax Lot: 18
  • Tax Map Number: 04151-0018

MLS Schools

  • High School: Brooklyn Lab School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Dec 12, 2023
Sold by
Quizhpi Calle Cesar Olmedo and Quizhpi Luis
Bought by
Flores Interest Ignacio and Flores Rosas Interest Juan Carlos
Seller's Agent
Luz Lopez
Century Homes Realty Group LLC
Buyer's Agent
Monica Hidalgo
Winzone Realty Inc
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%
Views
178
Current Estimated Value
$1,141,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,014
Avg. Annual Appreciation
-1.19%
Original Mortgage
$912,000
Outstanding Balance
$899,148
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,612

Purchase Details

Closed on
Apr 2, 2018
Sold by
Quizhpi Luis
Bought by
Quizhpi Calle Cesar Olmedo and Quizhpi Luis

Purchase Details

Closed on
Oct 17, 2013
Sold by
City Settlement Service Inc
Bought by
Quizhpi Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,402
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Davis Edson S
Bought by
City Settlement Service Inc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Brighton Gardens Usa Corp
Bought by
Davis Edson S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,850
Interest Rate
6.79%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Gonzalez Franklin
Bought by
Brighton Gardens Usa Corp

Purchase Details

Closed on
Aug 9, 2004
Sold by
Delpozo Maria
Bought by
Gonzalez Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

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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
Flores Interest Ignacio $1,140,000 --
Flores Interest Ignacio $1,140,000 --
Quizhpi Calle Cesar Olmedo -- --
Quizhpi Calle Cesar Olmedo -- --
Quizhpi Luis $470,000 --
Quizhpi Luis $470,000 --
Quizhpi Luis $470,000 --
City Settlement Service Inc $250,000 --
City Settlement Service Inc $250,000 --
Davis Edson S $599,000 --
Davis Edson S $599,000 --
Brighton Gardens Usa Corp $260,000 --
Brighton Gardens Usa Corp $260,000 --
Brighton Gardens Usa Corp $260,000 --
Gonzalez Franklin -- --
Gonzalez Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Interest Ignacio $912,000
Closed Flores Interest Ignacio $912,000
Previous Owner Quizhpi Luis $142,864
Previous Owner Quizhpi Luis $430,402
Previous Owner Davis Edson S $89,850
Previous Owner Davis Edson S $479,200
Previous Owner Gonzalez Franklin $240,000
Closed Gonzalez Franklin $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $1,140,000 -5.0% $528 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $1,200,000 -- $556 / Sq Ft
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 $7,445 $60,900 $25,500 $35,400
2024 $7,445 $54,420 $25,500 $28,920
2023 $7,103 $55,260 $25,500 $29,760
2022 $6,964 $51,840 $25,500 $26,340
2021 $6,926 $41,040 $25,500 $15,540
2020 $3,249 $38,160 $25,500 $12,660
2019 $6,462 $38,160 $25,500 $12,660
2018 $5,941 $29,145 $20,853 $8,292
2017 $5,926 $29,071 $20,870 $8,201
2016 $5,483 $27,427 $20,890 $6,537
2015 $3,308 $25,878 $20,222 $5,656
2014 $3,308 $25,743 $17,325 $8,418
Source: Public Records

Agents Affiliated with this Home

  • Luz Lopez

    Seller's Agent in 2023

    Luz Lopez

    Century Homes Realty Group LLC

    (646) 244-3220

    1 in this area

    25 Total Sales

    Section Image
  • Monica Hidalgo

    Buyer's Agent in 2023

    Monica Hidalgo

    Winzone Realty Inc

    (929) 257-5928

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3469021

OneKey® MLS

APN: 04151-0018

New York Kings County Brooklyn 11208 Cypress Hills

271 Nichols Ave, Brooklyn, NY

This home is located at 271 Nichols Ave, Brooklyn, NY 11208 since 04 April 2023 and is currently estimated at $1,141,014, approximately $528 per square foot. This property was built in 1905. 271 Nichols Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Is 171 Abraham Lincoln, and Cypress Hills Ascend Charter Lower School.

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