NOT LISTED FOR SALE

31 Luquer St Brooklyn, NY 11231

Red Hook Neighborhood

Estimated Value: $1,586,000 - $4,287,000

8 Beds
5 Baths
2,550 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $1,450,000 $569 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,898/month

115 Days on Market

Highlights

  • Rooftop Deck
  • Garden
  • Laundry Facilities
  • City View

About This Home

As of May 2020

31 Luquer Street is a free market three family home, which can be delivered vacant, situated as an excellent investment opportunity. The top two floors are both large two bedroom and one bathroom apartments with private outdoor spaces. The bottom floor and basement make an amazing four bedroom and three bathroom duplex. The entire house is being delivered vacant and at free market. The house is positioned to bring $126,000 in rent yearly. The house has very low operating costs including yearly taxes at only $3,375. Please email us for a copy of the full setup.

Last Agent to Sell the Property

Brian Meier

Berkshire Hathaway HomeServices New York Properties License #10301221717 Listed on: 11/05/2019

Berkshire Hathaway HomeServices New York Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.0 x 100.0
  • Garden

Interior Spaces

  • 2,550 Sq Ft Home
  • 3-Story Property
  • City Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Tax Block 00513

Community Details

Overview

  • 3 Units
  • Red Hook Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Exposures: South,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Red Hook
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2550.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 8

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 00513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
May 25, 2020
Sold by
Ortiz Beryle and Ortiz Hector Oswaldo
Bought by
31 Luquer Llc
Seller's Agent
Brian Meier
Berkshire Hathaway HomeServices New York Properties
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Current Estimated Value
$2,592,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142,952
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
May 18, 2016
Sold by
Burgos Maria and Ortiz Beryle
Bought by
Ortiz Beryle and Ortiz Hector Oswaldo

Purchase Details

Closed on
Apr 9, 2002
Sold by
Velez Anna
Bought by
Armstrong Adam C and Jackson Danielle E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
31 Luquer Llc $1,450,000 --
Ortiz Beryle -- --
Armstrong Adam C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $1,450,000 -12.1% $569 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $1,650,000 -- $647 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,224 $130,440 $21,120 $109,320
2024 $4,224 $148,140 $21,120 $127,020
2023 $4,031 $181,740 $21,120 $160,620
2022 $2,805 $148,740 $21,120 $127,620
2021 $3,725 $146,820 $21,120 $125,700
2020 $2,793 $160,020 $21,120 $138,900
2019 $3,666 $160,080 $21,120 $138,960
2016 $2,948 $14,748 $3,635 $11,113
2015 $1,557 $14,727 $5,442 $9,285
2014 $1,557 $14,604 $5,397 $9,207
Source: Public Records

Agents Affiliated with this Home

  • Brian Meier

    Seller's Agent in 2020

    Brian Meier

    BHHS New York Prop

    (212) 710-1900

    123 Total Sales

    Brian Meier
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10895360

Real Estate Board of New York (REBNY)

APN: 00513-0036

New York Kings County Brooklyn 11231 Red Hook

31 Luquer St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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