NOT LISTED FOR SALE

Estimated Value: $1,043,139

-- Bed
-- Bath
1,748 Sq Ft
$597/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $950,000 $543 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,904/month

Highlights

  • Wood Flooring
  • 4-minute walk to 36 Street (D,M,N,R Line)
  • Back Yard
  • Heating System Uses Steam

About This Home

As of August 2021

Location! Location! Mixed-Use building on the busy business district, 4th and 5th Avenue of South Slope/Industry City. Welcomed with renovated ground level store great for office use. Hard wood flood through out, move-in conditioned and spacious 2-bedrooms apartment over a 1-bedroom apartment both with dish washer set up. This property is 25x48 building on a 25x100 lot, M1-2 zoning. This building is ideal for investors or end-users. The store and the 2 bedrooms apartment is currently vacant! This property is conveniently located near restaurants, bakeries, supermarkets, shops and so many more amenities nearby. Public Transportation is also available: B63, B70, B35, B37 buses and R-Train. Additional, 1700 sqft available for extension, Great development potential for extension. What are you waiting for? Don't miss out on this opportunity to own a piece of South Slope/Industry City!

Last Agent to Sell the Property

Kevin Lam

Momentum Real Estate LLC Listed on: 12/14/2020

Co-Listed By

Kunheng Cao

Momentum Real Estate LLC

Last Buyer's Agent

Ivy Chen

Century 21 Realty First

Century 21 Realty First

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1910

Lot Details

  • 2,504 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard
  • Property is zoned M1-2

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 709

Property Details

Property Type

Other

Est. Annual Taxes

$3,729

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1200
  • Building Length: 48.00
  • Building Width: 25.00
  • Co List Office Mls Id: 117771
  • Co List Office Phone: (718) 382-0001
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 39th Street
  • Cross Street Name2: 40th Street
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1748
  • Building Stories: 2
  • Street Name I D X: 39
  • Street Number I D X: 434
  • Withdrawal Type: Withdrawal of Property
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 2504

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 18
  • Roof: Rubber

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: M1-2

Tax Info

  • Flip Tax Amount: 3729.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Aug 27, 2021
Sold by
Zk Development Group Llc
Bought by
Vandyke Group Llc
Seller's Agent
Kevin Lam
Momentum Real Estate LLC
Buyer's Agent
Ivy Chen
Century 21 Realty First
Sold Price
$950,000
Current Estimated Value
$1,043,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,139
Avg. Annual Appreciation
2.10%
Original Mortgage
$27,285
Outstanding Balance
$24,881
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,008,670

Purchase Details

Closed on
Apr 13, 2015
Sold by
Estate Of Jose Perez and Mamerta Perez
Bought by
Zk Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
3.76%
Mortgage Type
Commercial
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
Vandyke Group Llc $950,000 --
Zk Development Group Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandyke Group Llc $27,285
Previous Owner Zk Development Group Llc $335,605
Previous Owner Zk Development Group Llc $422,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $950,000 -- $543 / Sq Ft
12/14/2020 12/14/20 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 $4,153 $62,760 $17,520 $45,240
2024 $4,153 $59,820 $17,520 $42,300
2023 $3,962 $66,420 $17,520 $48,900
2022 $3,674 $54,060 $17,520 $36,540
2021 $3,730 $49,500 $17,520 $31,980
2020 $2,797 $59,280 $17,520 $41,760
2019 $3,683 $62,400 $17,520 $44,880
2018 $3,461 $16,976 $4,053 $12,923
2017 $2,063 $10,119 $2,652 $7,467
2016 $1,910 $9,552 $3,381 $6,171
2015 $1,151 $9,552 $3,720 $5,832
2014 $1,151 $9,454 $3,988 $5,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 445977

Brooklyn Board of REALTORS®

APN: 00709-0018