NOT LISTED FOR SALE

Estimated Value: $1,378,800 - $1,697,000

5 Beds
2 Baths
2,400 Sq Ft
$663/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $1,678,000 $699 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,025/month

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Back Yard
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam

About This Home

As of September 2022

Incredible development opportunity in prime Sunset Park area, lot 20 x 100/R7A Zoning, Far 4.0, builders/investors should consult with your licensed architect for confirming your plan. Existing property is a solid all brick home with 6 rooms over 5 rooms over a basement, the entire home will be delivery vacant when the title changes. This is a real gem that you can't miss.

Last Agent to Sell the Property

Chao Hui Chen

RE/MAX Edge License #10401312653 Listed on: 04/21/2022

RE/MAX Edge

Last Buyer's Agent

Jessica Peng

RE/MAX Real Estate Professiona

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,090

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,400 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 759

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,090

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 46th Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 2400
  • Street Name I D X: 7th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 3
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 7090.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 29, 2022
Sold by
Choudhary As Sole Heir Khalid M and Choudhary As Sole Heir Rashid M
Bought by
1459 Ny Inc
Seller's Agent
Chao Hui Chen
RE/MAX Edge
Buyer's Agent
Jessica Peng
RE/MAX Real Estate Professiona
Sold Price
$1,678,000
Current Estimated Value
$1,590,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,550
Avg. Annual Appreciation
-1.68%
Original Mortgage
$920,000
Outstanding Balance
$877,088
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,362

Purchase Details

Closed on
Jul 15, 2004
Sold by
Mendez Julia
Bought by
Choudhary Mohammed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1459 Ny Inc $1,678,000 --
Choudhary Mohammed R $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1459 Ny Inc $920,000
Previous Owner Choudhary Mohammed R $522,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $1,678,000 -- $699 / Sq Ft
04/21/2022 04/21/22 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 $7,905 $70,920 $30,000 $40,920
2024 $7,905 $83,400 $30,000 $53,400
2023 $7,541 $95,220 $30,000 $65,220
2022 $6,994 $87,180 $30,000 $57,180
2021 $7,373 $75,660 $30,000 $45,660
2020 $3,505 $84,540 $30,000 $54,540
2019 $6,861 $83,040 $30,000 $53,040
2018 $6,308 $30,943 $10,092 $20,851
2017 $5,952 $29,196 $12,466 $16,730
2016 $2,297 $29,196 $12,694 $16,502
2015 $1,222 $27,916 $13,380 $14,536
2014 $1,222 $27,333 $13,934 $13,399
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460939

Brooklyn Board of REALTORS®

APN: 00759-0003