NOT LISTED FOR SALE
7 Beds
4 Baths
3,160 Sq Ft
2,909 Sq Ft Lot Lot

Sale Details

Date Sold: November 16, 2017

Last sale price $650,000 $206 Per Sq Ft

Highlights

  • Porch
  • Hot Water Heating System
  • Back and Front Yard
  • Is 228 David A Boody Rated A-

About This Home

As of November 2017

Coney Island, Legal 4 Family, Semi-Detached Brick, Solid Investment Property, 20 x 80 Building on 20 x 120 Lot, Renovated/Modern Units, 4 Boilers, 4 Hot Water Tanks & 6 Electric Meters. Tenants Responsible for Heat and Hot Water.
Gross Rental Income $69,600. Close Proximity to Luna Park, Aquarium, Restaurants, Bars and D, Q, N & F Trains @ Stillwell Ave.

Last Agent to Sell the Property

Daniel Khasin

Ben Bay Realty Co of Bay Ridge Listed on: 05/22/2017

Ben Bay Realty Co of Bay Ridge

Last Buyer's Agent

Daniel Khasin

Ben Bay Realty Co of Bay Ridge Listed on: 05/22/2017

Ben Bay Realty Co of Bay Ridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,057

Year Built

  • Built in 1930

Lot Details

  • 2,909 Sq Ft Lot
  • Lot Dimensions are 118 x 24
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts

Listing and Financial Details

  • Tax Block 7019

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $5,000
  • Utility Expense $600
  • Gross Income $71,400
  • Net Operating Income $50,943

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,057

Year Built

Built in 1930

Lot Details

2,909 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Length: 79.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Neptune Av
  • Cross Street Name2: Mermaid Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Microwave, Porch, Refrigerator, Stove
  • Fill Sq Ft Total: 3160
  • Building Stories: 2
  • Street Name I D X: 20
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Other
  • Lot Sq Ft: 2909

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 79
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 118
  • Lot Size Width: 24
  • Zoning: R5

Multi Family

  • Annual Gross Income: 71400
  • Insurance Expense: 5000.00
  • Property Net Operating Income: 50943.00
  • Unit Count: 4
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 10057.00
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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
11/16/2017 11/16/17 Sold $650,000 -- $206 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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
2026 $15,853 $325,350 $57,600 $267,750
2025 $15,416 $290,250 $57,600 $232,650
2024 $15,416 $256,050 $57,600 $198,450
2023 $14,165 $278,550 $57,600 $220,950
2022 $13,237 $247,500 $57,600 $189,900
2021 $12,440 $225,900 $57,600 $168,300
2020 $5,883 $235,350 $57,600 $177,750
2019 $11,963 $235,350 $57,600 $177,750
2018 $11,297 $88,823 $21,411 $67,412
2017 $10,585 $83,224 $23,108 $60,116
2016 $10,057 $78,011 $25,089 $52,922
2015 $6,450 $75,045 $28,933 $46,112
2014 $6,450 $72,966 $28,131 $44,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 410825

Brooklyn Board of REALTORS®

APN: 07019-0079

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