NOT LISTED FOR SALE

304 Nichols Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $748,493 - $1,029,000

5 Beds
3 Baths
1,664 Sq Ft
$546/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $750,000 $451 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,324/month

250 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Skylights
  • Heating System Uses Steam

About This Home

As of January 2020

304 Nichols Is Great Opportunity For Buyer Investment To Mutil Family With good Cap Return 2Floor 3B & 1Floor 2B Rental Unit + Finished Basement To Creat Add Living Space!!! New Renovated Two Family Townhouse On Beautiful Cypress Hills Center! Prime Location !!! Walk From Transportation School Shopping Center & Higtways !!! *All info deemed reliable but is NOT guaranteed accurate. Buyers are responsible for verifying the accuracy of all information, Additional information: Appearance:Excellence

Last Agent to Sell the Property

Xiuyu Chen

B Square Realty Brokerage Phone: 347-603-6965 License #10401319244 Listed on: 03/02/2019

B Square Realty

Co-Listed By

Barbie Li

B Square Realty Brokerage Phone: 347-603-6965 License #10311207854

B Square Realty

Last Buyer's Agent

Barbie Li

B Square Realty Brokerage Phone: 347-603-6965 License #10311207854

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1910

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 20 x87.5

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • Skylights
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 52 / 4150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,243

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1910
  • Attribution Contact: 347-603-6965
  • Co List Office Mls Id: KEYLILI01
  • Co List Office Phone: 718-939-8388
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20 X87.5
  • Lot Size Sq Ft: 1750
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R5

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 4243.07
  • Tax Block: 4150
  • Tax Lot: 52

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
Jan 30, 2020
Sold by
Iconic Gardens Llc
Bought by
Antony Akhila and Colon Jerry Centeno
Seller's Agent
Xiuyu Chen
B Square Realty
Buyer's Agent
Barbie Li
B Square Realty
List Price
$768,000
Sold Price
$750,000
Premium/Discount to List
-$18,000
-2.34%
Current Estimated Value
$895,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,602
Avg. Annual Appreciation
3.17%
Original Mortgage
$736,415
Outstanding Balance
$656,256
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$235,691

Purchase Details

Closed on
Oct 28, 2016
Sold by
Dlj Mortgage Capital Inc and % Selene Finance Lp
Bought by
Iconic Gardens Llc

Purchase Details

Closed on
Oct 3, 2016
Sold by
130-36 125 Street and Charles R
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 16, 2014
Sold by
Wilson Terry
Bought by
130-36 125 Street Corp

Purchase Details

Closed on
Aug 21, 2006
Sold by
Cubas Hernan and Cubas Walter
Bought by
Wilson Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
First Home Properties Co
Bought by
Cubas Herman and Cubas Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
6.99%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Alaska Seaboard Partners
Bought by
First Homes Properties L

Purchase Details

Closed on
Oct 30, 2000
Sold by
Fonti Maureen
Bought by
Alaska Seaboard Partners Ltd Partnership
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
Antony Akhila $750,000 --
Iconic Gardens Llc $820,482 --
Dlj Mortgage Capital Inc -- --
130-36 125 Street Corp -- --
Wilson Terry $425,000 --
Cubas Herman -- --
First Homes Properties L -- --
Alaska Seaboard Partners Ltd Partnership $175,000 Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antony Akhila $736,415
Previous Owner Wilson Terry $530,000
Previous Owner First Home Properties L $123,250
Previous Owner Cubas Herman $260,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $750,000 -- --
01/30/2020 01/30/20 Sold $750,000 -2.3% $451 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $768,000 -- $462 / 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 $5,339 $41,820 $13,560 $28,260
2024 $5,339 $39,960 $13,560 $26,400
2023 $5,093 $35,340 $13,560 $21,780
2022 $4,723 $28,920 $13,560 $15,360
2021 $4,697 $22,320 $13,560 $8,760
2020 $2,183 $31,680 $13,560 $18,120
2019 $4,122 $31,680 $13,560 $18,120
2018 $4,017 $19,704 $7,324 $12,380
2017 $3,983 $19,537 $9,878 $9,659
2016 $3,685 $18,433 $9,425 $9,008
2015 $2,223 $17,391 $12,689 $4,702
2014 $2,223 $16,420 $14,360 $2,060
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2020

    Xiuyu Chen

    B Square Realty

    (347) 603-6965

    Section Image
  • Barbie Li

    Seller Co-Listing Agent in 2020

    Barbie Li

    B Square Realty

    (347) 628-8818

    400 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3105422

OneKey® MLS

APN: 04150-0052

New York Kings County Brooklyn 11208 Cypress Hills

304 Nichols Ave, Brooklyn, NY

This home is located at 304 Nichols Ave, Brooklyn, NY 11208 since 02 March 2019 and is currently estimated at $908,123, approximately $545 per square foot. This property was built in 1910. 304 Nichols Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Is 171 Abraham Lincoln, and Cypress Hills Ascend Charter Lower School.

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