NOT LISTED FOR SALE
-- Bed
-- Bath
5,400 Sq Ft
3,563 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $1,500,000 $278 Per Sq Ft

23 Days on Market

About This Home

As of July 2022

This massive 6 unit dwelling is located in the heart of Coney Island. This three story Building is sitting on a 30 x 118.75 lot, it has (5) three bedroom units and (1) two-bedroom unit. Presently in the process to increase the current rent scroll and add much more value in the process. We additionally have a fully finished basement with separate entrance. Building is a short distance to the Coney Island train station (N,D,F and Q Train), amusement park, restaurants and the famous beach attractions. Astonishing opportunity for all investors, end-users and developers!!!

Last Agent to Sell the Property

Anton Gjini

Robert DeFalco Realty, Inc. License #10401364468 Listed on: 05/10/2022

Robert DeFalco Realty, Inc.

Last Buyer's Agent

Anton Gjini

Robert DeFalco Realty, Inc. License #10401364468 Listed on: 05/10/2022

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,467

Year Built

  • Built in 1920

Lot Details

  • 3,563 Sq Ft Lot
  • Lot Dimensions are 30 x 60

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,400 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 6 Units
  • Gross Income $108,000

Listing and Financial Details

  • Legal Lot and Block 0018 / 06997
  • Assessor Parcel Number 06997-0018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,467

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 6F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: 30 X 60
  • Directions: Neptune Ave to West 15th St
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1920
  • General Property Info:Public Remarks3: This massive 6 unit dwelling is located in the heart of Coney Island. This three story Building is sitting on a 30 x 118.75 lot, it has (5) three bedroom units and (1) two-bedroom unit. Presently in the process to increase the current rent scroll and add much more value in the process. We additionally have a fully finished basement with separate entrance. Building is a short distance to the Coney Island train station (N,D,F and Q Train), amusement park, restaurants and the famous beach attractions. Astonishing opportunity for all investors, end-users and developers!!!
  • ContractLocation Information:List PriceSqFt2: 291.67
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Fair
  • Income Expenses Gross Income: 108000.0
  • Annual Expenses: 27918.0
  • Income Expenses Net Income: 80082.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 3
  • Year Built: 1920

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 6.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 3563.0
  • Lot Size Units: Square Feet
  • Parcel #: 06997-0018
  • Zoning: M1-2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3563.0
  • General Property Info:Lot Dim: 30 X 118

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 108000.0
  • Property Net Operating Income: 80082.0
  • Annual Operating Expense: 27918.0

Tax Info

  • Tax Annual Amount: 8467.0
  • Tax Block: 06997
  • Tax Lot: 0018
  • General Property Info:Taxes2: 8467.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,500,000 -4.8% $278 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $1,575,000 -- $292 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $10,864 $270,000 $4,500 $265,500
2024 $10,864 $252,000 $4,500 $247,500
2023 $9,875 $262,350 $4,500 $257,850
2022 $9,120 $328,050 $4,500 $323,550
2021 $8,467 $386,100 $4,500 $381,600
2019 $8,431 $379,080 $4,500 $374,580
2018 $7,876 $61,922 $882 $61,040
2017 $7,293 $57,341 $865 $56,476
2016 $6,845 $53,094 $1,002 $52,092
2015 $4,444 $53,094 $1,201 $51,893
2014 $4,444 $51,421 $1,163 $50,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1154530

Staten Island Multiple Listing Service

APN: 06997-0018