NOT LISTED FOR SALE

2923 Avenue I Brooklyn, NY 11210

Midwood Neighborhood

Estimated Value: $1,452,745

-- Bed
-- Bath
2,560 Sq Ft
$567/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,325,000 $518 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,199/month

Highlights

  • Wood Flooring
  • 5-minute walk to Brooklyn College-Flatbush Avenue
  • Baseboard Heating
  • J.H.S. 278 Marine Park Rated A-
  • Ceiling height of 10 feet or more
  • Back Yard

About This Home

As of March 2022

Welcome to this property in the Midwood section of Brooklyn. This Mixed Use building offers 2 spacious apartments, and a ground level store with a full basement. There is access to the basement from the 1st floor, and from the front of the building. The store runs the full length of the building and offers plenty of storage. Upstairs, the front apartment features a kitchen, a full bathroom, 2 spacious bedrooms, and a large living room. The rear apartment is very spacious offering 1 bedroom, a large living room, a kitchen, and a full bathroom. There are some additional air rights available. This building is located within close proximity to the 2, 5, and Q trains, shopping, the Flatbush Junction, and Brooklyn College.

Last Agent to Sell the Property

Bryan Cohen

Douglas Elliman Real Estate Listed on: 06/22/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,230

Year Built

  • Built in 1930

Lot Details

  • 2,062 Sq Ft Lot
  • Lot Dimensions are 103 x 20
  • Back Yard
  • Property is zoned R6

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet or more
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 110 Volts

Listing and Financial Details

  • Tax Block 7575

Community Details

Overview

  • 2 Units

Building Details

  • 3 Vacant Units
  • Fuel Expense $1,200
  • Insurance Expense $2,000
  • Utility Expense $1,200

Property Details

Property Type

Other

Est. Annual Taxes

$6,230

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 64.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 29th St
  • Cross Street Name2: Nostrand Av
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2560
  • Building Stories: 2
  • Street Name I D X: Avenue I
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Hardwood, Laminate
  • Lot Sq Ft: 2062

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 2
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 103
  • Lot Size Width: 20
  • Zoning: R6

Multi Family

  • Insurance Expense: 2000.00
  • Unit Count: 3
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 6230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Mar 10, 2022
Sold by
Sneakercornercom Llc
Bought by
2923 Avenue I Usa Llc
Seller's Agent
Bryan Cohen
Douglas Elliman Real Estate
Sold Price
$1,325,000
Current Estimated Value
$1,452,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,745
Avg. Annual Appreciation
2.56%
Original Mortgage
$660,000
Outstanding Balance
$616,164
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$836,581

Purchase Details

Closed on
Aug 21, 2018
Sold by
Finkelstein Arnold and Finkelstein Carol
Bought by
Sneakercorner Com Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
2923 Avenue I Usa Llc $1,325,000 --
Sneakercorner Com Llc $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2923 Avenue I Usa Llc $660,000
Previous Owner Sneakercorner Com Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $1,325,000 -- $518 / Sq Ft
06/22/2021 06/22/21 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 $6,693 $62,340 $12,420 $49,920
2024 $6,693 $60,540 $12,420 $48,120
2023 $6,384 $61,740 $12,420 $49,320
2022 $5,921 $66,300 $12,420 $53,880
2021 $6,242 $60,720 $12,420 $48,300
2020 $6,242 $63,360 $12,420 $50,940
2019 $5,809 $55,080 $12,420 $42,660
2018 $5,340 $26,197 $6,433 $19,764
2017 $5,038 $24,715 $6,509 $18,206
2016 $4,941 $24,715 $7,811 $16,904
2015 $2,812 $24,528 $9,299 $15,229
2014 $2,812 $23,140 $10,527 $12,613
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bryan Cohen

    Douglas Elliman Real Estate

    (212) 891-7126

    1 in this area

    9 Total Sales

    Bryan Cohen
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453317

Brooklyn Board of REALTORS®

APN: 07575-0002

New York Kings County Brooklyn 11210 Midwood

2923 Avenue I, Brooklyn, NY

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