Seller's Agent in 2025
Dan Dong
RE/MAX
(929) 291-9897
12 in this area
280 Total Sales
3844 Flatlands Ave Brooklyn, NY 11234
Marine Park Neighborhood
--
Bed
--
Bath
2,600
Sq Ft
2,000
Sq Ft Lot
Highlights
- Wood Flooring
- Brick Front
- Back Yard
- PS 222 Katherine R Snyder Rated A
- Heating System Uses Steam
- 1-minute walk to Sarsfield Playground
About This Home
As of July 2025An exceptional opportunity to own a mixed-use property in the highly sought-after Marine Park neighborhood of Brooklyn. This solid brick building spans 20x65 on a 20x100 lot and offers a versatile investment with multiple income streams. The ground floor features a commercial space currently operating as a daycare & preschool, while the second floor consists of two residential units—a spacious 2-bedroom apartment in the front (will be vacant by April 1st) and a 1-bedroom unit (month to month) in the rear. With a prime location on high-traffic Flatlands Ave, Close to local buses, favorable zoning for various business uses, and both commercial and residential tenants in place, this property is an outstanding investment that won’t last long.
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,556
Year Built
- Built in 1931
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- Back Yard
- Property is zoned R3-2
Home Design
- Mixed Use
- Flat Roof Shape
- Poured Concrete
- Brick Front
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 7858
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $3,200
- Insurance Expense $2,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2025
Closed on
Jul 17, 2025
Sold by
Jathen 2 Llc
Bought by
3844 Flatland Ave Llc
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Ping Chen
RE/MAX Edge
List Price
$1,149,000
Sold Price
$1,030,000
Premium/Discount to List
-$119,000
-10.36%
Views
14
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
$3,607
Avg. Annual Appreciation
0.76%
Original Mortgage
$721,000
Outstanding Balance
$718,457
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,150
Purchase Details
Closed on
Sep 23, 2015
Sold by
Lakkas Eleni and Lakkas Epaminondas
Bought by
Jathen 2 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,030,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $721,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $1,030,000 | -6.3% | $396 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $1,099,000 | -4.4% | $423 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $1,149,000 | -- | $442 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,556 | $58,740 | $14,040 | $44,700 |
| 2024 | $7,556 | $56,280 | $14,040 | $42,240 |
| 2023 | $7,493 | $68,100 | $14,040 | $54,060 |
| 2022 | $7,279 | $62,760 | $14,040 | $48,720 |
| 2021 | $7,327 | $56,400 | $14,040 | $42,360 |
| 2020 | $5,495 | $45,900 | $14,040 | $31,860 |
| 2019 | $6,558 | $39,900 | $14,040 | $25,860 |
| 2018 | $6,267 | $30,744 | $12,986 | $17,758 |
| 2017 | $6,194 | $30,384 | $13,752 | $16,632 |
| 2016 | $5,800 | $29,012 | $13,687 | $15,325 |
| 2015 | $3,457 | $27,370 | $12,509 | $14,861 |
| 2014 | $3,457 | $26,126 | $11,940 | $14,186 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Dong
-
Ping Chen
Buyer's Agent in 2025
Ping Chen
RE/MAX
(917) 536-3632
3 in this area
128 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 489430
APN: 07858-0046
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