NOT LISTED FOR SALE

Estimated Value: $1,325,366 - $1,820,000

8 Beds
3 Baths
2,700 Sq Ft
$551/Sq Ft Est. Value

Last Sold May 04, 2024

Last sale price $1,300,000 $481 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,821/month

24 Days on Market

Highlights

  • Cooling Available
  • Junior High School 227 Edward B Shallow Rated A-
  • Hot Water Baseboard Heater

About This Home

As of May 2024

Discover this expansive 3-family residence nestled in Brooklyn. Spanning a lot measuring 20 x 100 feet, the building itself occupies 20 x 45 feet. With three floors above ground and a finished basement, this property offers generous living space. Each unit is meticulously finished with modern touches, including hardwood flooring, sleek fixtures, and ample natural light. The ground floor features 5 rooms, including 2 bedrooms, 1 bathroom, a living room, and a kitchen, all thoughtfully designed for comfort and functionality. On the second floor, you'll find another 5-room unit with 3 bedrooms, 1 bathroom, and a kitchen, boasting the same attention to detail. The third floor replicates the second floor's layout, with an additional mini room for added versatility. The finished basement adds even more living space, with 3 additional rooms making it feel like a fourth floor, ideal for use as a recreation area, home office, or extra living space. The ground floor presents a unique opportunity for commercial use, offering potential for entrepreneurs to consult with architects and explore possibilities for customization or conversion of the space. Convenient access to transportation is provided by the nearby N train line, as well as bus routes serving the area. Whether seeking a new home or an investment opportunity, this property is perfectly suited. Enhanced with modern amenities, ample outdoor space, and convenient transportation options, it presents an enticing prospect for residents and investors alike.

Last Agent to Sell the Property

Billy Zhu

Robert DeFalco Realty, Inc. License #10401356378 Listed on: 03/11/2024

Robert DeFalco Realty, Inc.

Last Buyer's Agent

Billy Zhu

Robert DeFalco Realty, Inc. License #10401356378 Listed on: 03/11/2024

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,179

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 45

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 0025 / 05809
  • Assessor Parcel Number 05809-0025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,179

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: 20 X 45
  • Modification Timestamp: 2024-09-26
  • Directions: PLEASE USE GPS FOR DIRECTIONS
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1901
  • General Property Info:Public Remarks3: Discover this expansive 3-family residence nestled in Brooklyn. Spanning a lot measuring 20 x 100 feet, the building itself occupies 20 x 45 feet. With three floors above ground and a finished basement, this property offers generous living space. Each unit is meticulously finished with modern touches, including hardwood flooring, sleek fixtures, and ample natural light. The ground floor features 5 rooms, including 2 bedrooms, 1 bathroom, a living room, and a kitchen, all thoughtfully designed for comfort and functionality. On the second floor, you'll find another 5-room unit with 3 bedrooms, 1 bathroom, and a kitchen, boasting the same attention to detail. The third floor replicates the second floor's layout, with an additional mini room for added versatility. The finished basement adds even more living space, with 3 additional rooms making it feel like a fourth floor, ideal for use as a recreation area, home office, or extra living space. The ground floor presents a unique opportunity for commercial use, offering potential for entrepreneurs to consult with architects and explore possibilities for customization or conversion of the space. Convenient access to transportation is provided by the nearby N train line, as well as bus routes serving the area. Whether seeking a new home or an investment opportunity, this property is perfectly suited. Enhanced with modern amenities, ample outdoor space, and convenient transportation options, it presents an enticing prospect for residents and investors alike.
  • ContractLocation Information:List PriceSqFt2: 665.93
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Good
  • General Property Info: Number of AC Units: 3.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 20 X 45
  • Special Features: None
  • Stories: 3
  • Year Built: 1901

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2000.0
  • Lot Size Units: Square Feet
  • Parcel #: 05809-0025
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2000.0
  • General Property Info:Lot Dim: 20 X 100

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8179.0
  • Tax Block: 05809
  • Tax Lot: 0025
  • General Property Info:Taxes2: 8179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 3, 2024
Sold by
Zhu Hua Chang
Bought by
Zmxc Llc
Seller's Agent
Billy Zhu
Robert DeFalco Realty, Inc.
Buyer's Agent
Billy Zhu
Robert DeFalco Realty, Inc.
List Price
$1,888,888
Sold Price
$1,300,000
Premium/Discount to List
-$588,888
-31.18%
Views
23
Current Estimated Value
$1,487,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,842
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Aug 8, 2004
Sold by
Zhu Hua Chang and Zhu Hua Yue
Bought by
Zhu Hua Chang

Purchase Details

Closed on
Sep 30, 2002
Sold by
Zhu Yue Qiong and Zhu Hua Yue
Bought by
Zhu Yue Qiong and Zhu Hua Yue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zmxc Llc $1,300,000 --
Zmxc Llc $1,300,000 --
Zhu Hua Chang -- --
Zhu Hua Chang -- --
Zhu Yue Qiong -- --
Zhu Yue Qiong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhu Hua Chang $675,000
Previous Owner Zhu Hua Chang $200,000
Previous Owner Zhu Yue Qiong $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2024 05/04/24 Sold $1,300,000 -27.7% $481 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $1,798,000 -4.8% $666 / Sq Ft
03/11/2024 03/11/24 For Sale $1,888,888 -- $700 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $8,571 $103,080 $17,700 $85,380
2024 $8,571 $98,520 $17,700 $80,820
2023 $8,179 $106,500 $17,700 $88,800
2022 $5,691 $91,860 $17,700 $74,160
2021 $7,504 $75,360 $17,700 $57,660
2020 $7,591 $82,920 $17,700 $65,220
2019 $7,439 $82,920 $17,700 $65,220
2018 $6,841 $33,560 $8,155 $25,405
2017 $6,457 $31,677 $9,326 $22,351
2016 $5,975 $29,887 $8,978 $20,909
2015 $3,385 $29,887 $8,978 $20,909
2014 $3,385 $29,635 $9,660 $19,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 2401304

Staten Island Multiple Listing Service

APN: 05809-0025