NOT LISTED FOR SALE

Estimated Value: $1,301,946

Studio
-- Bath
4,043 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2022

Last sale price $1,200,000 $297 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,651 / mo

About This Home

As of August 2022

Mixed use investment property in Prime Sunset Park. This property consists of one prime commercial store (built full 19.25x100) on the ground floor and two residential units (building size 19.25x55) above, all free market. First floor commercial space is vacant. There is a full basement used for storage. Updated mechanicals. Heavy car/ pedestrian foot traffic. Close proximity to Public Transportation, Industry City, shopping, dining and all other amenities. Excellent location for owner/user looking to place a business or as an investment property. Contact listing broker for additional details regarding the property.

Last Agent to Sell the Property

Mohamad Hasan

Bellmarc Listed on: 03/18/2022

Last Buyer's Agent

Mohamad Hasan

Bellmarc Listed on: 03/18/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1919

Lot Details

  • 1,925 Sq Ft Lot
  • Lot Dimensions are 19.25x100
  • Property is zoned M1-2

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,043 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 913

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,800
  • Insurance Expense $4,000
  • Utility Expense $600

Property Details

Property Type

Other

Est. Annual Taxes

$6,700

Year Built

Built in 1919

Lot Details

1,925 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 39th St
  • Cross Street Name2: 40th St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4043
  • Building Stories: 3
  • Street Name I D X: 5th
  • Waterfront Present: No
  • Year Built: 1919
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 1925

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 7
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2800.00

Lot Info

  • Lot Dimensions: 19.25x100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: M1-2

Multi Family

  • Insurance Expense: 4000.00
  • Miscellaneous Expense: 1000.00
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 6700.00

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
Mar 18, 2022
Closed on
Aug 16, 2022
Sold by
Bought by
Seller's Agent
Mohamad Hasan
Bellmarc
Buyer's Agent
Mohamad Hasan
Bellmarc
Sold Price
$1,200,000
Current Estimated Value
$1,301,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,946
Avg. Annual Appreciation
2.15%
Original Mortgage
$800,000
Outstanding Balance
$757,492
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,454

Purchase Details

Closed on
Sep 29, 1994
Sold by
Bought by
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

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
$1,200,000 --
$1,200,000 --
$1,200,000 --
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
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 $800,000
Closed $800,000
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
08/22/2022 08/22/22 Sold $1,200,000 -- $297 / Sq Ft
03/18/2022 03/18/22 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 $7,585 $84,300 $12,780 $71,520
2025 $7,155 $78,300 $12,780 $65,520
2024 $7,155 $72,900 $12,780 $60,120
2023 $6,826 $83,880 $12,780 $71,100
2022 $6,641 $69,660 $12,780 $56,880
2021 $7,000 $63,120 $12,780 $50,340
2019 $6,210 $62,220 $12,780 $49,440
2018 $6,068 $28,008 $6,905 $21,103
2017 $5,651 $27,720 $7,325 $20,395
2016 $5,541 $27,720 $8,786 $18,934
2015 $3,154 $26,224 $9,974 $16,250
2014 $3,154 $24,740 $11,284 $13,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459951

Brooklyn Board of REALTORS®

APN: 00913-0007

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