NOT LISTED FOR SALE

Estimated Value: $2,377,836

-- Bed
-- Bath
4,500 Sq Ft
$528/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $2,175,000 $483 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,367/month

Highlights

  • Wood Flooring
  • Handicap Accessible
  • Private Driveway
  • P.S. 50 Frank Hankinson School Rated A

About This Home

As of March 2022

-Don't miss out on this outstanding investment opportunity or candidate for a 1031 Exchange! This newly renovated modern mixed use building is 100% occupied. Two floors leased to a city agency with a 10 year plus 5 year renewal and a third floor with two one bedroom apartments leased year to year. The building's renovations include all new interior, a new roof, new heating and central AC, new security system and security cameras, newly rebuilt elevator to access the two levels of office space and a handicap accessible ramp. Conveniently located on Hylan Blvd. and is easily accessible by all major forms of transportation.

Last Agent to Sell the Property

Teresa Carmona

Robert Defalco Realty Listed on: 07/20/2021

Robert Defalco Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $26,800

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 100 x 50
  • Property is zoned R2

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Plaster Walls
  • Stucco Exterior
  • Stone Exterior Construction
  • Masonry

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Parking

  • 6 Parking Spaces
  • Private Driveway

Accessible Home Design

  • Handicap Accessible

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4301

Property Details

Property Type

Other

Est. Annual Taxes

$26,800

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Staten Island
  • Building Footprint Sq Ft: 1500
  • Building Length: 50.00
  • Building Width: 30.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Elevator – Passenger, Handicap Design, Living Space Available, Security Alarm
  • Confirmed By M L S Y N: Yes
  • Cross Street: GUYON AVE
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4500
  • Building Stories: 3
  • Street Name I D X: Hylan
  • Street Number I D X: 2971
  • Waterfront Present: No
  • Year Built: 1990
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 5000
  • Walls: Plaster

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Brick, Masonry
  • Exterior: Brick - Federal, Stone, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 50
  • Zoning: R2

Tax Info

  • Flip Tax Amount: 26800.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Feb 28, 2022
Sold by
Fratello Corp
Bought by
2971 Hylan Blvd Llc
Seller's Agent
Teresa Carmona
Robert Defalco Realty
Sold Price
$2,175,000
Current Estimated Value
$2,377,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,836
Avg. Annual Appreciation
2.67%
Original Mortgage
$1,400,000
Outstanding Balance
$1,309,442
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$1,068,394
Source: Public Records

Range of Values:

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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
2971 Hylan Blvd Llc $2,175,000 Regency Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2971 Hylan Blvd Llc $400,000
Open 2971 Hylan Blvd Llc $1,400,000
Previous Owner Fratello Corp $650,000
Previous Owner Fratello Corp $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $2,175,000 -- $483 / Sq Ft
07/20/2021 07/20/21 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 $26,816 $268,200 $48,600 $219,600
2024 $26,816 $264,150 $48,600 $215,550
2023 $27,020 $253,800 $48,600 $205,200
2022 $26,231 $243,900 $48,600 $195,300
2021 $23,917 $223,650 $48,600 $175,050
2020 $26,800 $275,400 $48,600 $226,800
2019 $25,530 $267,300 $48,600 $218,700
2018 $24,177 $256,950 $48,600 $208,350
2017 $23,041 $242,100 $48,600 $193,500
2016 $22,688 $229,950 $48,600 $181,350
2015 $20,951 $217,800 $48,600 $169,200
2014 $20,951 $202,950 $48,600 $154,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453991

Brooklyn Board of REALTORS®

APN: 04301-0031