NOT LISTED FOR SALE

Estimated Value: $784,000 - $1,059,000

4 Beds
2 Baths
1,368 Sq Ft
$663/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $710,000 $519 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,211/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard

About This Home

As of April 2021

MONEY MAKING OPPORTUNITY FOR INVESTORS LOOKING TO REHAB THIS LEGAL 2 FAMILY HOUSE IN THE HEART OF SHEEPSHEAD BAY. THIS PROPERTY FEATURES TWO 2-BEDROOM APARTMENTS AND A SEMI FINISHED BASEMENT WITH A SEPARATE ENTRANCE AS WELL AS A NICE SIZE YARD. THIS IS A SEMI-DETACHED BRICK HOME. WITH A LITTLE LOVE AND ELBOW GREASE THIS HIDDEN GEM COULD BE YOUR NEXT HOME. RENT ONE APARTMENT AND LIVE IN THE OTHER OR JUST BUY AS AN INVESTMENT AND RENT IT ALL OUT, THE POSSIBILITIES ARE ENDLESS. EXCELLENT RENT POTENTIAL AS THIS BEAUTY IS CONVENIENTLY LOCATED NEXT TO THE BELT PARKWAY, PUBLIC TRANSPORTATION, SHOPPING, AND RESTAURANTS. COME CHECK IT OUT FOR YOURSELF!!!

Last Agent to Sell the Property

Juda Niayzov

Exclusive Properties Realty In Listed on: 01/14/2021

Co-Listed By

Alla Ioffe

Exclusive Properties Realty In

Last Buyer's Agent

Rozalia Yusufov

RE/MAX Edge License #10401336412

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1925

Lot Details

  • 1,434 Sq Ft Lot
  • Lot Dimensions are 87 x 16
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Parking Lot

Utilities

  • Heating System Uses Steam
  • 220 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,719

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 16.00
  • Co List Office Mls Id: 117980
  • Co List Office Phone: (646) 828-6378
  • Confirmed By M L S Y N: Yes
  • Cross Street: Voorhies Ave
  • Cross Street Name2: Shore Pkwy
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Parking Area
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1368
  • Building Stories: 2
  • Street Name I D X: 23
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 1434

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 14
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 87
  • Lot Size Width: 16
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 5719.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 22, 2021
Sold by
Borokhov Yosef
Bought by
Altman Leonard H and Chikarov Yury
Seller's Agent
Juda Niayzov
Exclusive Properties Realty In
Buyer's Agent
Rozalia Yusufov
RE/MAX Edge
Sold Price
$710,000
Current Estimated Value
$906,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,515
Avg. Annual Appreciation
5.28%
Original Mortgage
$568,000
Outstanding Balance
$510,607
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,908

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jun 10, 2020
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Borokhov Yosef
Seller's Agent
Richard Dinerman
Peerless Properties Corp.
Buyer's Agent
Richard Dinerman
Peerless Properties Corp.
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.35%
Original Mortgage
$510,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Mondesir Farden
Bought by
Sheepshead Bay Realty Corp

Purchase Details

Closed on
Dec 18, 2006
Sold by
Froimovits Aron
Bought by
Mondesir Farden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.29%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Community Capital Corp
Bought by
Froimovits Aron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Leung Pui Sui Tam and Estate Of Pui Sui Tam
Bought by
Community Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Altman Leonard H $710,000 --
Altman Leonard H $710,000 --
Borokhov Yosef $610,950 --
The Bank Of New York Mellon Trust Compan $871,482 --
Borokhov Yosef $610,950 --
The Bank Of New York Mellon Trust Compan $871,482 --
Sheepshead Bay Realty Corp $20,000 --
Sheepshead Bay Realty Corp $20,000 --
Mondesir Farden $720,000 --
Mondesir Farden $720,000 --
Froimovits Aron $465,000 --
Froimovits Aron $465,000 --
Community Capital Corp $300,000 --
Community Capital Corp $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Leonard H $568,000
Closed Altman Leonard H $568,000
Previous Owner Borokhov Yosef $510,000
Previous Owner Mondesir Farden $144,000
Previous Owner Mondesir Farden $576,000
Previous Owner Froimovits Aron $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2021 04/22/21 Sold $710,000 +18.3% $519 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
06/10/2020 06/10/20 Sold $600,000 -- $439 / Sq Ft View Prior Sale
01/30/2020 01/30/20 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 $6,217 $55,440 $9,420 $46,020
2024 $6,217 $43,800 $9,420 $34,380
2023 $5,938 $49,800 $9,420 $40,380
2022 $5,779 $48,960 $9,420 $39,540
2021 $5,753 $44,520 $9,420 $35,100
2020 $2,858 $49,320 $9,420 $39,900
2019 $5,396 $42,300 $9,420 $32,880
2018 $4,967 $24,364 $6,062 $18,302
2017 $4,918 $24,124 $7,133 $16,991
2016 $4,554 $22,780 $6,432 $16,348
2015 $2,745 $22,767 $9,670 $13,097
2014 $2,745 $21,496 $9,130 $12,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446660

Brooklyn Board of REALTORS®

APN: 08781-0014