NOT LISTED FOR SALE

Estimated Value: $2,515,952

7 Beds
5 Baths
4,000 Sq Ft
$629/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $2,250,000 $562 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,514/month

266 Days on Market

About This Home

As of September 2019

Rare Prime Park Slope Corner Multi-Family W/ 2 commercial Spaces! This corner building is located the corner of 6th Avenue and 5th Street in the heart of Park Slope. The building is currently configured as 2 full floor residences and 2 commercial spaces, but the opportunities are endless. The Larger commercial space is already vented and has over 1000 square feet of frontage! The building also has brand new mechanicals which are under manufactures warranty.Both residential units have been fully renovated with new kitchens, bathrooms, custom tiling, flooring, etc. This building is a turn key investment opportunity located in Brooklyn's most desirable neighborhood.for any further questions or to schedule private showing please don't hesitate to contact me.

Property Details

Home Type

  • Condo-Op

Lot Details

  • 1,568

Home Design

  • 4,000 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Community Details

  • Parkslop Subdivision

Listing and Financial Details

  • Tax Block 988

Property Details

Home Type

Condo-Op

Lot Details

0

Listing Details

  • Cross Street: 5th Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Living Area: 4000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • Patio/Porch Features: Rooftop

Condo/Co-op/Association

  • Common Interest: Condop

Tax Info

  • Tax Block: 988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Sep 24, 2019
Sold by
358 6 Avenue Llc
Bought by
Brooklyn Sky Realty Llc
List Price
$3,925,000
Sold Price
$2,250,000
Premium/Discount to List
-$1,675,000
-42.68%
Current Estimated Value
$2,515,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,952
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,500,000
Outstanding Balance
$1,313,883
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,202,069

Purchase Details

Closed on
May 9, 2017
Sold by
Alava Josefa and Alava Luis
Bought by
358 6 Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records
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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
Brooklyn Sky Realty Llc $2,250,000 --
358 6 Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooklyn Sky Realty Llc $1,500,000
Previous Owner 358 6 Avenue Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2019 09/24/19 Sold $2,250,000 -42.7% $563 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $3,925,000 -- $981 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $17,229 $819,900 $169,650 $650,250
2024 $17,229 $715,500 $169,650 $545,850
2023 $15,653 $664,200 $169,650 $494,550
2022 $15,612 $660,150 $169,650 $490,500
2021 $15,168 $776,700 $169,650 $607,050
2019 $12,723 $841,950 $169,650 $672,300
2018 $11,838 $98,157 $21,206 $76,951
2017 $12,016 $98,157 $24,736 $73,421
2016 $11,646 $95,113 $28,686 $66,427
2015 $7,389 $88,069 $31,864 $56,205
2014 $7,389 $81,546 $35,418 $46,128
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10560212

Real Estate Board of New York (REBNY)

APN: 00988-0044