NOT LISTED FOR SALE

Estimated Value: $941,935 - $1,195,000

-- Bed
3 Baths
2,280 Sq Ft
$489/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $880,000 $386 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,644/month

Highlights

  • Wood Flooring
  • Brick Front
  • Private Driveway
  • Fenced Yard
  • Multiple cooling system units
  • Back Yard

About This Home

As of January 2018

Fully Detached legal 3 family home, private driveway for up to 3 cars, excellent income producer, all apartments in move in condition, no leases. Near Subway Q & B trains, buses, schools, coney island shopping and legendary Brighton Beach boardwalk.

Last Agent to Sell the Property

Eddie Arib

Real Broker NY LLC Listed on: 09/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,061

Lot Details

  • 1,575 Sq Ft Lot
  • Lot Dimensions are 45 x 35
  • Fenced Yard
  • Back Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Brick Front

Interior Spaces

  • 3 Full Bathrooms
  • 2,280 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 8703

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,300
  • Insurance Expense $4,500
  • Gross Income $54,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,061

Lot Details

0

Listing Details

  • Basement Amenities: Full, Walk-in
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 760
  • Building Length: 38.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Coney Island
  • Cross Street Name2: Brighton 10t
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2280
  • Building Stories: 2
  • Street Name I D X: Brighton 10
  • Street Number I D X: 5
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 1575

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Detached
  • Construction Type: Brick, Wood Frame
  • Exterior: Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 83
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 3
  • Electric: 200 Amp, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 45
  • Lot Size Width: 35
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 14000.00
  • Annual Gross Income: 54000
  • Insurance Expense: 4500.00
  • Property Net Operating Income: 40000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5061.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
Lang Roger
Bought by
5 Brighton Llc
Current Estimated Value
$1,115,734

Purchase Details

Listed on
Sep 5, 2017
Closed on
Jan 9, 2018
Sold by
Chaudhry Kaniz
Bought by
Lang Roger
Seller's Agent
Eddie Arib
Real Broker NY LLC
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
Oct 17, 2006
Sold by
Nai Yan Lam
Bought by
Chaudry Kaniz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.47%

Purchase Details

Closed on
Aug 6, 1996
Sold by
Moi Sau Lan and Lam Nai Yan
Bought by
Lam Nai Yan and Moi Sau Lan
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
5 Brighton Llc -- --
5 Brighton Llc -- --
Lang Roger $880,000 --
Lang Roger $880,000 --
Chaudry Kaniz $735,000 --
Chaudry Kaniz $735,000 --
Chaudry Kaniz $735,000 --
Lam Nai Yan -- --
Lam Nai Yan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaudry Kaniz $588,000
Previous Owner Chaudry Kaniz $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $880,000 -- $386 / Sq Ft
09/05/2017 09/05/17 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 $6,908 $59,580 $10,500 $49,080
2024 $6,908 $65,700 $10,500 $55,200
2023 $6,920 $73,860 $10,500 $63,360
2022 $4,817 $75,600 $10,500 $65,100
2021 $6,394 $62,520 $10,500 $52,020
2020 $3,149 $60,720 $10,500 $50,220
2019 $5,996 $52,980 $10,500 $42,480
2018 $5,788 $28,393 $5,805 $22,588
2017 $5,466 $26,812 $6,618 $20,194
2016 $5,061 $25,318 $7,856 $17,462
2015 $3,051 $25,080 $8,760 $16,320
2014 $3,051 $23,886 $8,343 $15,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 413460

Brooklyn Board of REALTORS®

APN: 08703-0083