NOT LISTED FOR SALE

Estimated Value: $892,276 - $1,046,000

5 Beds
2.5 Baths
2,264 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,110,000 $490 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,647/month

53 Days on Market

Highlights

  • Corner Lot
  • 4-minute walk to Crescent Street
  • Forced Air Heating System
  • Westridge Elementary School Rated A+
  • 10 Car Attached Garage

About This Home

As of January 2022

Large Corner Property which includes 2 lots. Don't miss this rare opportunity to own a large 2 family brick home with a 2 car garage which sits adjacent and attached to an additional lot which includes another 8 garages. This is a rare chance to own a property with great business investment potential right on Atlantic Avenue., Additional information: Appearance:good

Last Agent to Sell the Property

Joseph Guglielmi

Charles Rutenberg Realty Inc Brokerage Phone: 917-974-0561 License #40GU1010260 Listed on: 07/23/2021

Charles Rutenberg Realty Inc

Last Buyer's Agent

Joseph Guglielmi

Charles Rutenberg Realty Inc Brokerage Phone: 917-974-0561 License #40GU1010260 Listed on: 07/23/2021

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,892

Year Built

  • Built in 1920

Lot Details

  • 4,133 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 10 Car Attached Garage

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Walk-Out Basement

Schools

  • Ps 7 Abraham Lincoln Elementary School
  • Is 171 Abraham Lincoln Middle School
  • Cypress Hills Collegiate Prep High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Septic

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,892

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1920
  • Attribution Contact: 917-974-0561
  • CurrentPrice: 1110000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 10
  • Parking Description: Attached, Private

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Shared
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 4133
  • Lot Features: Corner Lot
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 14892

MLS Schools

  • Elementary School: Ps 7 Abraham Lincoln
  • High School: Cypress Hills Collegiate Prep School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Arroyo Maria O
Bought by
311-313 Hemlock Street Llc
Current Estimated Value
$968,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
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
311-313 Hemlock Street Llc $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 311-313 Hemlock Street Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $1,110,000 -11.2% $490 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,250,000 -- $552 / 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 $6,822 $52,020 $15,840 $36,180
2024 $6,822 $53,100 $15,840 $37,260
2023 $6,437 $53,880 $15,840 $38,040
2022 $6,398 $44,100 $15,840 $28,260
2021 $2,890 $47,280 $15,840 $31,440
2020 $2,167 $39,300 $15,840 $23,460
2019 $5,628 $39,300 $15,840 $23,460
2018 $5,147 $26,707 $10,847 $15,860
2017 $5,145 $26,707 $11,950 $14,757
2016 $4,734 $25,230 $12,784 $12,446
2015 $2,819 $25,003 $13,035 $11,968
2014 $2,819 $23,589 $13,552 $10,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3332388

OneKey® MLS

APN: 04148-0002