NOT LISTED FOR SALE

Estimated Value: $2,099,000 - $2,438,000

6 Beds
2 Baths
3,663 Sq Ft
$625/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $2,200,000 $601 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,458/month

247 Days on Market

Highlights

  • 0.09 Acre Lot
  • Park
  • Hot Water Heating System
  • Property is near public transit

About This Home

As of August 2022

DEVELOPMENT OPPORTUNITY. Great opportunity to develop on a prime block in Flatbush, Brooklyn . This 2 family sits on a 32.5 X 125 Lot. This block has large developments all around, with limited space left. Zoned for a R7 which allows for condominiums, community spaces and large apartment building. Maximum Residential Far 3.44 with 13,977 Buildable sqft. Close to train, and a few hospitals.

Last Agent to Sell the Property

Kwesi Cunningham

Excell Choice Realty License #10401263628 Listed on: 05/15/2021

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1901

Lot Details

  • 4,063 Sq Ft Lot
  • Lot Dimensions are 32.5x125
  • No Common Walls

Parking

  • Private Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Medgar Evers College Prep Middle School
  • Medgar Evers College Prep High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: A/C Units
  • Legal Lot and Block 98 / 4837
  • Assessor Parcel Number 04837-0098

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,513

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Exclusions: A/C Units
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-705-4646
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Medgar Evers College Prep School

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Dimensions: 32.5x125
  • Lot Size Sq Ft: 4063.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04837-0098
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-01
  • Tax Annual Amount: 6513.00
  • Tax Block: 4837
  • Tax Lot: 98
  • Tax Map Number: 04837-0098

Multi Family

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

MLS Schools

  • High School: Medgar Evers College Prep School
  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 28, 2022
Sold by
Bell-Briscoe Joann
Bought by
The Health Science Center At Brooklyn Fo
Seller's Agent
Kwesi Cunningham
Excell Choice Realty
Buyer's Agent
Non Member
NonMember
List Price
$2,450,000
Sold Price
$2,200,000
Premium/Discount to List
-$250,000
-10.2%
Current Estimated Value
$2,288,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,039
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Oct 1, 2021
Sold by
Bell Vincent T
Bought by
Bell-Briscoe Joann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
The Health Science Center At Brooklyn Fo $2,200,000 --
Bell-Briscoe Joann -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $2,200,000 -10.2% $601 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
05/15/2021 05/15/21 For Sale $2,450,000 -- $669 / Sq Ft
Source: OneKey® MLS

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 $6,774 $96,900 $29,040 $67,860
2024 -- $102,960 $29,040 $73,920
2023 $0 $91,020 $29,040 $61,980
2022 $6,659 $99,720 $29,040 $70,680
2021 $6,332 $89,940 $29,040 $60,900
2019 $5,780 $89,220 $29,040 $60,180
2018 $5,620 $29,030 $7,057 $21,973
2017 $5,367 $27,796 $10,660 $17,136
2016 $4,937 $26,244 $13,585 $12,659
2015 $2,943 $25,642 $13,669 $11,973
2014 $2,943 $24,192 $15,377 $8,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3313047

OneKey® MLS

APN: 04837-0098