Seller's Agent in 2023
Zhongzh (Paul) Chen
E House Realty & Mgt. Inc.
(212) 671-2084
3 in this area
4 Total Sales
4604 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,949,647
--
Bed
--
Bath
--
Sq Ft
1,600
Sq Ft Lot
Highlights
- Tile Flooring
- Heating System Uses Steam
- Back and Front Yard
- IS 220 John J. Pershing Rated A
About This Home
As of February 2023AMAZING 7th Ave RENOWNED LOCATION- LEGAL 2 FAMILY + STORE + STOREFRONT MIXED-USE BUILDING USED AS A LARGE 3 STORY, 2 FAMILY OVER A STORE OVER A FULL BASEMENT ; PERFECTLY SITUATED ON HIGH TRAFFIC/HIGH VISIBILITY 7th Ave, IN SENSATIONAL COMMUNITY- SURROUNDED BY ALL THE MOST ESSENTIAL AMENITIES... THIS AWESOME BUILDING IS IN EXCELLENT CONDITION, AND HAS THREE SEPARATE HEATING SYSTEMS & THREE HOT-WATER TANKS FOR EACH UNIT(TENANTS PAY THEIR OWN HEAT & HOT WATER)... CURRENTLY CONFIGURED AS A 3 BEDROOM- FULL BATHROOM UNIT OVER ANOTHER 3 BEDROOM- FULL BATHROOM UNIT OVER LARGE STORE OVER FULL BASEMENT... AN OUTSTANDING OPPORTUNITY FOR ANY END-USER BUSINESS OWNER OR IDEAL AS A HIGH INCOME INVESTMENT PROPERTY... PRICED RIGHT AND EXTREMELY COMPETIVELY FOR TODAY'S ACTIVE MARKET- THERE WILL SURELY BE PLENTY OF EXCITEMENT & BUYER ENTHUSIASM SURROUNDING THIS ALMOST TOO GOOD TO BE TRUE BUILDING... DON'T MISS YOUR CHANCE TO OWN A TRULY PRIZED PIECE OF REAL ESTATE; IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS... YOU CAN CONTACT PAUL CHEN.
Last Agent to Sell the Property
E House Realty & Mgt. Inc. Listed on: 02/08/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,137
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Flooring
- Tile Flooring
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Additional Features
- Finished Basement
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Feb 10, 2023
Sold by
Macareno Oscar
Bought by
Lisa 7 Ave Llc
Seller's Agent
Zhongzh (Paul) Chen
E House Realty & Mgt. Inc.
Buyer's Agent
Ying Chen
Century 21 Realty First
Sold Price
$1,800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,647
Avg. Annual Appreciation
4.34%
Original Mortgage
$800,000
Outstanding Balance
$777,511
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,223,127
Purchase Details
Closed on
Aug 12, 2003
Sold by
Sarac Realty Inc
Bought by
Macareno Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.71%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lisa 7 Ave Llc | $1,800,000 | -- | |
| Macareno Oscar | $520,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lisa 7 Ave Llc | $800,000 | |
| Previous Owner | Macareno Oscar | $375,000 | |
| Previous Owner | Macareno Oscar | $580,000 | |
| Previous Owner | Macareno Oscar | $675,000 | |
| Previous Owner | Macareno Jr Oscar | $975,000 | |
| Previous Owner | Macareno Oscar | $510,000 | |
| Previous Owner | Macareno Oscar | $390,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $1,800,000 | -- | -- |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,137 | $87,420 | $12,720 | $74,700 |
| 2024 | $7,137 | $81,420 | $12,720 | $68,700 |
| 2023 | $6,808 | $89,220 | $12,720 | $76,500 |
| 2022 | $6,623 | $73,740 | $12,720 | $61,020 |
| 2021 | $6,982 | $67,620 | $12,720 | $54,900 |
| 2020 | $5,136 | $71,100 | $12,720 | $58,380 |
| 2019 | $6,194 | $62,160 | $12,720 | $49,440 |
| 2018 | $5,695 | $27,936 | $6,863 | $21,073 |
| 2017 | $5,636 | $27,648 | $7,281 | $20,367 |
| 2016 | $5,527 | $27,648 | $8,735 | $18,913 |
| 2015 | $3,146 | $26,156 | $9,920 | $16,236 |
| 2014 | $3,146 | $24,676 | $11,226 | $13,450 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Ying Chen
Century 21 Realty First
(646) 309-9888
5 in this area
7 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 458873
APN: 00758-0039
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