Svetlana (Lana) Shushkovsky
eXp Realty BKNY
(844) 227-6704
19 Total Sales
1 in Marine Park
$609,000 Price
3842 Flatlands Ave Brooklyn, NY 11234
Marine Park NeighborhoodEstimated Value: $826,192
Studio
--
Baths
2,600
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Back Yard
- PS 222 Katherine R Snyder Rated A
- Heating System Uses Steam
- 1-minute walk to Sarsfield Playground
About This Home
As of June 2020Investment Opportunity - This is a handyman special, but it's in a an area that is in high demand.
Collect rent from 3 tenants and one store or live in one of the apartments that are on a month to month basis.
The building requires a major renovation cosmetically but the bones seem to be all good and working.
Flatlands Avenue is heavily trafficked and is only a few blocks from Mt Sanai Kings Highway Hospital. There are ample schools and houses of worship in the community and there is a park across the street.
You're only a stone's throw from one of Brooklyn's most famous commercial strips...FLATBUSH AVE.
This is a true diamond in the rough. The building is currently underperforming and with the proper care and improvements, it can become a beautiful shiny opportunity in an area that is buzzing with excitement.
If you're looking for a project that can be most rewarding financially, then you owe it to yourself to come and see this special opportunity.
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Property Details
Property Type
- Other
Est. Annual Taxes
- $12,685
Year Built
- Built in 1931
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- Fenced Yard
- Back Yard
- Property is zoned R3-2
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Plaster Walls
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Ceiling height between 8 to 10 feet
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 7858
Community Details
Overview
- 3 Units
Building Details
- 1 Vacant Unit
- Fuel Expense $3,900
- Insurance Expense $2,800
- Utility Expense $2,400
- Gross Income $55,500
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2020
Closed on
Jun 5, 2020
Sold by
Musante Veronica and Shay Veronica
Bought by
Seller's Agent
John Reinhardt
eXp Realty BKNY
Buyer's Agent
John Reinhardt
eXp Realty BKNY
Sold Price
$680,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,192
Avg. Annual Appreciation
3.14%
Original Mortgage
$510,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marine Park, NY
-
Svetlana (Lana) Shushkovsky
-
Mitchell Feldman
Mitchell Feldman
Responds Quickly(855) 629-2561
101 Total Sales
37 in Marine Park
$330K - $1.3M Price Range
-
Igor Yakubinskiy
Igor Yakubinskiy
Century 21 Homefront Realty
(929) 543-5528
26 Total Sales
9 in Marine Park
$215K - $1.1M Price Range
-
Ali Teepu
Ali Teepu
Best American Homes Inc
(914) 775-0128
28 Total Sales
1 in Marine Park
$742,000 Price
-
Thomas Dalcamo
Thomas Dalcamo
Real Broker NY LLC
(551) 203-9501
45 Total Sales
8 in Marine Park
$135K - $945K Price Range
-
Michael Watts
Michael Watts
Michael J Watts & Assoc Inc
(877) 642-5109
173 Total Sales
1 in Marine Park
$198,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $680,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $510,000 | ||
| Previous Owner | Musante Veronica | $57,835 | |
| Previous Owner | Musante Veronica | $260,000 | |
| Previous Owner | Shay Veronica | $186,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2020 06/05/20 | Sold | $680,000 | -- | $262 / Sq Ft |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $17,055 | $211,950 | $62,550 | $149,400 |
| 2025 | $16,529 | $181,800 | $62,550 | $119,250 |
| 2024 | $16,529 | $151,650 | $62,550 | $89,100 |
| 2023 | $15,017 | $140,850 | $62,550 | $78,300 |
| 2022 | $13,869 | $144,000 | $62,550 | $81,450 |
| 2021 | $12,875 | $126,000 | $62,550 | $63,450 |
| 2020 | $11,455 | $152,100 | $62,550 | $89,550 |
| 2019 | $12,826 | $190,350 | $62,550 | $127,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Reinhardt
Seller's Agent in 2020
John Reinhardt
eXp Realty BKNY
(888) 883-8509
15 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 435833
APN: 07858-0045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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