NOT LISTED FOR SALE

434 5th Ave Parkslope, NY 11215

Park Slope Neighborhood

Estimated Value: $2,043,089

Studio
-- Bath
2,200 Sq Ft
$929/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2021

Last sale price $1,999,000 $909 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,438 / mo

Highlights

  • Handicap Accessible
  • 3-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • 5-minute walk to J.J. Byrne Playground
  • P.S. 39 Henry Bristow Rated A

About This Home

As of October 2021

PRIME 5TH AVENUE GROUND FLOOR STORE FRONT DELI / GROCERY / RETAIL / PROFESSIONAL COMMERCIAL SPACE AVAILABLE IN THE HEART OF PARK SLOPE BETWEEN 8TH & 9TH STREET - ABSOLUTE BEST LOCATION!!! TONS OF BUSY FOOT TRAFFIC. GROUND FLOOR WITH EXCLUSIVE SEMI FINISHED BASEMENT - OPEN LAYOUT WITH 1334 SQFT, 2 HALF BATHROOMS, WALK IN ENTRANCE & FRONT CELLAR ENTRANCE, CENTRAL AC & HEAT. 10 FOOT CEILINGS, FLOOR TO CEILING GLASS WINDOWS FACING THE AVENUE, UPGRADED ELECTRIC. BEVERAGE REFRIGERATORS AND WALK IN FRIDGE BOX AVAILABLE. THIS IS THE WHOLE 1ST FLOOR 58' X 23' WITH BASEMENT (EXTRA 800 SQFT FOR STORAGE.) UNLIMITED POTENTIAL TO CUSTOMIZE TO YOUR NEEDS. TAKE ADVANTAGE OF THIS OPPORTUNITY TO LOCK IN A GREAT DEAL WITH A MOTIVATED OWNER THAT IS LOOKING FOR A SOLID LONG TERM TENANT. BECOME A STAPLE IN THE NEIGHBORHOOD BY OPENING YOUR BUSINESS IN THIS PRIME PARK SLOPE SPACE!
LANDLORD IS OFFERING THIS SPACE FOR 8,000 MONTHLY, ANNUAL TAX INCREASE AND 70% WATER/SEWER, 5+5 TERM (FLEX),
3% ANNUAL INCREASE.

Last Agent to Rent the Property

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 06/08/2021

RE/MAX Real Estate Professionals

Last Renter's Agent

Theo Bacon

RE/MAX Real Estate Professionals

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 1,334 Sq Ft Lot
  • Lot Dimensions are 58 x 23
  • Property is zoned C4-3A

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling height between 8 to 10 feet

Additional Features

  • Handicap Accessible
  • 220 Volts

Listing and Financial Details

  • 24 Month Lease Term
  • Negotiable Lease Term

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

1,334 Sq Ft Lot

Rental Info

  • Lease Terms: 2 Year, Lease Option, Flexible

Listing Details

  • Borough: Brooklyn
  • Building Length: 58.00
  • Building Width: 23.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Features Interior: Restrooms - Staff, Window Display
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Street
  • Cross Street Name2: 9th Street
  • Handicap Access Y N U: Yes
  • Lease Options: 5yr w 5yr option
  • Negotiate Thru: Broker
  • Parking Feature Single: None
  • Potential Use: Bar, Health Care, Office, Restaurant, Retail, Special Purpose, Other
  • Property Sub Type: Store
  • Prop. Type: Rental
  • Fill Sq Ft Total: 2200
  • Building Stories: 2
  • Street Name I D X: 5th
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Ceiling: 8-10 Foot
  • Lot Sq Ft: 1334

Exterior Features

  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Road Frontage: 23

Utilities

  • Electric: 220 V, Circuit Breakers
  • Equipment Included: BEVERAGE AND PRODUCT REFRIGERATORS,

Lot Info

  • Current Use: Retail
  • Lot Size Irregular: No
  • Lot Size Length: 58
  • Lot Size Width: 23
  • Zoning: C4-3A

Multi Family

  • Unit Count: 1

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
May 21, 2020
Closed on
May 18, 2021
Sold by
Bought by
Seller's Agent
Aran Scott
Douglas Elliman Real Estate
List Price
$1,999,000
Sold Price
$1,999,000
Current Estimated Value
$2,043,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,089
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,050,000
Interest Rate
0.029%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
$1,700,000 --
-- --
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 $1,050,000
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 Prior Sale
10/27/2021 10/27/21 Rented $6,800 0.0% --
06/08/2021 06/08/21 Under Contract -- -- --
06/08/2021 06/08/21 For Rent $6,800 0.0% --
05/18/2021 05/18/21 Sold $1,999,000 0.0% -- View Prior Sale
08/14/2020 08/14/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $1,999,000 -- --
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 $28,060 $356,400 $69,750 $286,650
2025 $26,940 $315,900 $69,750 $246,150
2024 $26,940 $259,650 $69,750 $189,900
2023 $26,560 $263,250 $69,750 $193,500
2022 $26,028 $251,550 $69,750 $181,800
2021 $22,810 $213,300 $69,750 $143,550
2019 $21,073 $235,350 $69,750 $165,600
2018 $20,300 $225,900 $69,750 $156,150
2017 $17,723 $196,650 $69,750 $126,900
2016 $15,531 $190,350 $69,750 $120,600
2015 $6,716 $153,900 $69,750 $84,150
2014 $6,716 $171,000 $69,750 $101,250
Source: Public Records

Agents Affiliated with this Home

  • Vito Angelo

    Landlord's Agent in 2021

    Vito Angelo

    RE/MAX

    (718) 887-5708

    1 in this area

    268 Total Sales

    Vito Angelo
    Section Image
  • Aran Scott

    Seller's Agent in 2021

    Aran Scott

    Douglas Elliman Real Estate

    (646) 479-8408

    62 in this area

    219 Total Sales

    Aran Scott
    Section Image

  • T

    Tenant's Agent in 2021

    Theo Bacon

    RE/MAX

    (917) 670-1654

    3 Total Sales

    Theo Bacon
    Section Image
  • Anthony Robles

    Seller Co-Listing Agent in 2021

    Anthony Robles

    Douglas Elliman Real Estate

    (917) 617-9602

    59 in this area

    208 Total Sales

    Anthony Robles
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451817

Brooklyn Board of REALTORS®

APN: 01004-0042

New York Kings County Brooklyn 11215 Park Slope

434 5th Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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