NOT LISTED FOR SALE

3962 Nostrand Ave Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $1,396,000 - $1,836,000

7 Beds
6 Baths
3,528 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $1,292,000 $366 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,805/month

Highlights

  • Wood Flooring
  • Garden
  • Hot Water Heating System
  • Terrace
  • Multiple cooling system units
  • 1-minute walk to Sheepshead Playground

About This Home

As of July 2021

Amazing opportunity for an investor or end-user! Huge 21' by 56' 2 family brick semi-detached on 29' by 110' lot in prime Sheepsheadbay! Third floor offers split level 3 big size bedrooms 1.5 bathrooms, huge living room and balcony. Kitchen and bathroom with windows. Kitchen with granite island, counter top and wooden cabinets. Second floor is pretty similar to third: split level apartment with big size 3 bedrooms and 1.5 bathrooms, large living room and formal dining room, balcony. Open concept windowed kitchen with granite counters and island, wooden cabinets. First floor offers split level one bedroom one bath apartment in good condition. Separate studio can be used for an office, nanny suite or any other purpose. The house has two driveways that can fit 3 cars and attached garage. The backyard is absolutely gorgeous with lush and picturesque garden. Minutes to transportation, shops, famous Emmons Ave promenade with its marinas and restaurants. Plaza with Aldo, Party City, cafes and pharmacy is just few blocks away. The second and first floor tenants live month by month leases. The house will be delivered vacant
Do not miss the opportunity! Will not last

Last Agent to Sell the Property

Olga Moldavsky

RE/MAX Edge License #10301216091 Listed on: 07/13/2020

RE/MAX Edge

Last Buyer's Agent

Olga Moldavsky

RE/MAX Edge License #10301216091 Listed on: 07/13/2020

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 3,245 Sq Ft Lot
  • Lot Dimensions are 29.5' x 110'
  • Irregular Lot
  • Garden
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 8791

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Shore Pkwy
  • Cross Street Name2: Voorhies Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Heat Pump, Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Wall, A/C Unit - Window, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Terrace, Washer
  • Building Stories: 3
  • Street Name I D X: Nostrand
  • Year Built: 1970
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 3245

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 210
  • Roof: Asphalt/Tar, Metal

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 29.5' X 110'
  • Lot Size Irregular: Yes
  • Lot Size Length: 110
  • Lot Size Width: 29
  • Zoning: R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 12, 2021
Sold by
Menli Saliha and Sozkesen Seniha
Bought by
Fan Wei Wei and Fang Xiao
Seller's Agent
Olga Moldavsky
RE/MAX Edge
Buyer's Agent
Olga Moldavsky
RE/MAX Edge
Sold Price
$1,292,000
Current Estimated Value
$1,516,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,107
Avg. Annual Appreciation
3.59%
Original Mortgage
$769,000
Outstanding Balance
$695,377
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$820,730

Purchase Details

Closed on
Nov 8, 2004
Sold by
Menli Sayit
Bought by
Menli Saliha and Sozkesen Seniha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fan Wei Wei $1,283,000 --
Fan Wei Wei $1,283,000 --
Fan Wei Wei $1,283,000 --
Menli Saliha -- --
Menli Saliha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Wei Wei $769,000
Closed Fan Wei Wei $769,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $1,292,000 -- $366 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,995 $85,020 $15,480 $69,540
2024 $10,995 $89,400 $15,480 $73,920
2023 $11,118 $90,420 $15,480 $74,940
2022 $10,360 $84,600 $15,480 $69,120
2021 $10,008 $69,000 $15,480 $53,520
2020 $4,911 $83,640 $15,480 $68,160
2019 $9,217 $66,480 $15,480 $51,000
2018 $8,640 $45,619 $8,816 $36,803
2017 $8,170 $43,248 $12,155 $31,093
2016 $7,535 $40,800 $15,480 $25,320
2015 $5,151 $40,296 $16,404 $23,892
2014 $5,151 $38,016 $15,476 $22,540
Source: Public Records

Agents Affiliated with this Home

  • Olga Moldavsky

    Seller's Agent in 2021

    Olga Moldavsky

    RE/MAX Edge

    (917) 213-7332

    41 in this area

    140 Total Sales

    Olga Moldavsky
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440326

Brooklyn Board of REALTORS®

APN: 08791-0210

New York Kings County Brooklyn 11235 Sheepshead Bay

3962 Nostrand Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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