NOT LISTED FOR SALE

4620 Flatlands Ave Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $1,071,857

-- Bed
-- Bath
3,120 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $998,000 $320 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,187/month

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Private Driveway

About This Home

As of October 2023

Great Multi family Building. Fantastic income with this building. Two One Bedroom apartments with eat in Kitchens on the second floor. First floor offers two separate stores with 2 half bathrooms. Back office has its own kitchen. Full basement, cleaned and ready for any use. Easement allows for two parking spaces. Great area, Great Building, Great investment.

Last Agent to Sell the Property

Peter Modica

BHHS Fillmore R.E. Listed on: 02/23/2023

BHHS Fillmore R.E.

Last Buyer's Agent

NON MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,211

Lot Details

  • 2,765 Sq Ft Lot
  • Lot Dimensions are 112 x 24

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,120 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Property Type

Other

Est. Annual Taxes

$6,211

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 25.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Fence - Partial, Other
  • Commercial Features Interior: Fire - Smoke Alarm, Intercom, Kitchen, Restrooms - Staff
  • Confirmed By M L S Y N: Yes
  • Cross Street: Schenectady Ave
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3120
  • Street Name I D X: Flatlands
  • Withdrawal Type: Temporarily off Market
  • Special Features: None

Interior Features

  • Flooring: Carpeting, Ceramic, Hardwood, Laminate
  • Lot Sq Ft: 2765

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 112
  • Lot Size Width: 24

Tax Info

  • Flip Tax Amount: 6211.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Oct 11, 2023
Sold by
Di Pilato & Paglino Enterprises Inc and Di Pilato
Bought by
Castle Clement and Castle Monica
Seller's Agent
Peter Modica
BHHS Fillmore R.E.
Buyer's Agent
NON MEMBER
List Price
$1,200,000
Sold Price
$998,000
Premium/Discount to List
-$202,000
-16.83%
Views
3
Current Estimated Value
$1,071,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,857
Avg. Annual Appreciation
3.54%
Original Mortgage
$748,500
Outstanding Balance
$733,781
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,076
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Castle Clement $998,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Clement $748,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $998,000 -9.3% $320 / Sq Ft
04/17/2023 04/17/23 Price Changed $1,100,000 -8.3% $353 / Sq Ft
02/27/2023 02/27/23 For Sale $1,200,000 +20.2% $385 / Sq Ft
02/24/2023 02/24/23 Off Market $998,000 -- --
02/23/2023 02/23/23 For Sale $1,200,000 -- $385 / Sq Ft
02/23/2023 02/23/23 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 $6,585 $47,820 $11,760 $36,060
2024 $6,585 $48,600 $11,760 $36,840
2023 $6,282 $54,840 $11,760 $43,080
2022 $6,212 $44,940 $11,760 $33,180
2021 $6,244 $40,320 $11,760 $28,560
2020 $4,683 $38,460 $11,760 $26,700
2019 $5,715 $33,420 $11,760 $21,660
2018 $5,254 $25,776 $10,888 $14,888
2017 $5,196 $25,488 $11,537 $13,951
2016 $4,943 $24,727 $9,521 $15,206
2015 $2,900 $23,328 $10,784 $12,544
2014 $2,900 $22,768 $10,378 $12,390
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Peter Modica

    BHHS Fillmore R.E.

    (718) 998-8820

    2 in this area

    21 Total Sales

    Peter Modica
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472086

Brooklyn Board of REALTORS®

APN: 07826-0113

New York Kings County Brooklyn 11234 Flatlands

4620 Flatlands Ave, Brooklyn, NY

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