NOT LISTED FOR SALE

Estimated Value: $1,334,000 - $1,658,000

8 Beds
3.5 Baths
3,920 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $1,420,000 $362 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,475/month

25 Days on Market

Highlights

  • City View
  • 4-minute walk to Myrtle-Wyckoff Avenues
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 5-minute walk to Heckscher Playground

About This Home

As of October 2022

3-Family Brick Building w. Private Backyard In The Most Desirable Location of Ridgewood & Bushwick very close to Myrtle/Wyckoff L & M Train Station, Investment Delight R6 Zoning! This amazing property is centrally located in the heart of Bushwick close to all means of shopping, transportation, schools, banks, supermarkets , parks, world-class restaurants/cafes incl. Starbucks, McDonalds, Burger King, CVS Pharmacy, RiteAid, gyms Planet Fitness, Blink and many more. Well-priced, don't miss this opportunity.

Last Agent to Sell the Property

Siddhartha Lama

Prime America Real Estate Inc License #10301223452 Listed on: 07/14/2022

Co-Listed By

JI Ming Qiu

Prime America Real Estate Inc License #10401347395

Last Buyer's Agent

JI Ming Qiu

Prime America Real Estate Inc License #10401347395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1931

Lot Details

  • 1,411 Sq Ft Lot
  • Lot Dimensions are 19.60x72
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,920 Sq Ft Home
  • 3-Story Property
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 116 Elizabeth L Farrell Elementary School
  • All City Leadership Secondary Sch Middle School
  • All City Leadership Secondary Sch High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 114 / 3335
  • Assessor Parcel Number 03335-0114

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,861

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 19.60 ft x 50 ft
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 718-975-1107
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished
  • Total Bedrooms: 8
  • Living Area: 3920.00
  • Kitchens: 3
  • Square Footage: 3920.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-08-18
  • Flood Zone Report: Yes
  • Fencing: Back Yard
  • View: City
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 116 Elizabeth L Farrell
  • Middle School: All City Leadership Secondary Sch
  • High School: All City Leadership Secondary Sch
  • Middle School: All City Leadership Secondary Sch

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Size Area: 0.0300
  • Lot Dimensions: 19.60x72
  • Lot Size Sq Ft: 1411.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03335-0114
  • Zoning Description: R6
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-11
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 2861.00
  • Tax Block: 3335
  • Tax Lot: 114
  • Tax Map Number: 03335-0114

Multi Family

  • Units Total: 3
  • Two Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 116 Elizabeth L Farrell
  • High School: All City Leadership Secondary Sch
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 11, 2022
Sold by
Salinas Laura
Bought by
Wang'S Linden Loft Llc
Seller's Agent
Siddhartha Lama
Prime America Real Estate Inc
Buyer's Agent
JI Ming Qiu
Prime America Real Estate Inc
List Price
$1,598,000
Sold Price
$1,420,000
Premium/Discount to List
-$178,000
-11.14%
Current Estimated Value
$1,508,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,785
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,136,000
Outstanding Balance
$1,093,031
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$415,754

Purchase Details

Closed on
Jun 15, 2006
Sold by
Salinas Laura and Salinas Miguel A
Bought by
Salinas Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.58%

Purchase Details

Closed on
Oct 24, 2005
Sold by
Salinas Miguel A
Bought by
Salinas Laura and Salinas Miguel A

Purchase Details

Closed on
Jan 26, 2001
Sold by
Bruno Danny
Bought by
Salinas Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.25%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Tmg Development Corp
Bought by
Bruno Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,136
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1998
Sold by
Valentin Miriam
Bought by
Tmg Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
12%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Wang'S Linden Loft Llc $1,420,000 --
Wang'S Linden Loft Llc $1,420,000 --
Salinas Laura -- --
Salinas Laura -- --
Salinas Laura -- --
Salinas Laura -- --
Salinas Miguel A -- --
Salinas Miguel A -- --
Bruno Danny $228,000 Fidelity National Title Ins
Bruno Danny $228,000 Fidelity National Title Ins
Tmg Development Corp $107,000 Standish Title Agency
Tmg Development Corp $107,000 Standish Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang'S Linden Loft Llc $1,136,000
Closed Wang'S Linden Loft Llc $1,136,000
Previous Owner Salinas Laura $455,000
Previous Owner Salinas Miguel A $40,000
Previous Owner Salinas Miguel A $55,236
Previous Owner Salinas Miguel A $260,905
Previous Owner Bruno Danny $226,136
Previous Owner Tmg Development Corp $90,000
Closed Salinas Laura $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $1,420,000 -11.1% $362 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,598,000 -- $408 / 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 $3,051 $89,700 $8,220 $81,480
2024 $3,051 $90,180 $8,220 $81,960
2023 $2,910 $91,380 $8,220 $83,160
2022 $2,861 $78,120 $8,220 $69,900
2021 $2,990 $65,940 $8,220 $57,720
2020 $1,402 $87,060 $8,220 $78,840
2019 $2,648 $87,060 $8,220 $78,840
2018 $2,434 $11,942 $1,621 $10,321
2017 $2,434 $11,942 $2,103 $9,839
2016 $2,367 $11,839 $2,385 $9,454
2015 $1,359 $11,170 $2,526 $8,644
2014 $1,359 $10,549 $2,863 $7,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3415902

OneKey® MLS

APN: 03335-0114