NOT LISTED FOR SALE

Estimated Value: $732,476 - $983,000

3 Beds
3 Baths
-- Sq Ft
1,500 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $551,000

Est. 53% increase in value since last sale

Current estimated payment $5,051/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A
  • Community Storage Space
  • 2-minute walk to Grady Playground

About This Home

As of March 2019

Best investment property with a great price! Semi-detached two family in the heart of Brighton Beach. 2 bedroom apt over a 1 bedroom apt plus a finished basement with a separate entrance. A sharing driveway for parking. Updated electrical wiring. To live in part of it and collect rent, or for a developer to develop this property as it is zoned for R6. This property is close to Neptune Ave which has shopping, restaurant, the beach and public transportation B / Q Train, and B4, B68 buses. It will be delivered vacant on closing. Motivated seller willing to listen to all reasonable offers.

Last Agent to Sell the Property

Stephanie Chin

New World Realty Group LLC Listed on: 12/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,122

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 75 x 20
  • Back Yard

Home Design

  • Poured Concrete
  • Pitched Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Stove
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 7262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,122

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 1
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Co List Office Mls Id: 118160
  • Co List Office Phone: (718) 872-6300
  • Confirmed By M L S Y N: Yes
  • Cross Street: Brighton 6th St
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level1: 3
  • Rooms Total Level2: 4
  • Building Stories: 2
  • Street Name I D X: Brighton 4
  • Street Number I D X: 4
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 1500
  • Total Rooms: 7

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Masonry
  • Exterior: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 51
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 20
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 4122.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Mar 29, 2019
Sold by
Liu Yan
Bought by
Meng Angelina Xiao
Seller's Agent
Stephanie Chin
New World Realty Group LLC
Buyer's Agent
Stephanie Chin
New World Realty Group LLC
Sold Price
$551,000
Current Estimated Value
$845,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,119
Avg. Annual Appreciation
5.84%
Original Mortgage
$330,600
Outstanding Balance
$291,839
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,044

Purchase Details

Closed on
Jan 18, 2011
Sold by
Devisee Sue Markus As Specific
Bought by
Liu Yan

Purchase Details

Closed on
Oct 12, 2000
Sold by
Bhutta Masood
Bought by
Markus Walter

Purchase Details

Closed on
Nov 24, 1999
Sold by
Federal National Mortgage Association
Bought by
Bhutta Masood
Source: Public Records

Range of Values:

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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
Meng Angelina Xiao $551,000 --
Liu Yan $320,000 --
Markus Walter $210,000 --
Bhutta Masood $102,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meng Angelina Xiao $726
Open Meng Angelina Xiao $330,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $551,000 -- --
12/28/2018 12/28/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,357 $48,960 $10,380 $38,580
2024 $5,357 $40,440 $10,380 $30,060
2023 $5,223 $44,520 $10,380 $34,140
2022 $4,844 $36,420 $10,380 $26,040
2021 $4,817 $37,980 $10,380 $27,600
2020 $2,395 $31,740 $10,380 $21,360
2019 $4,650 $28,560 $10,380 $18,180
2018 $4,369 $21,432 $6,295 $15,137
2017 $4,122 $20,220 $6,337 $13,883
2016 $3,813 $19,076 $6,522 $12,554
2015 -- $19,076 $7,325 $11,751
2014 -- $18,523 $7,113 $11,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 426023

Brooklyn Board of REALTORS®

APN: 07262-0051