NOT LISTED FOR SALE

513 5 Ave Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $3,240,546

Studio
-- Bath
-- Sq Ft
2,160 Sq Ft Lot

Sale Details

Date Sold: September 3, 2021

Last sale price $2,775,000

Est. 17% increase in value since last sale

Current estimated payment $19,903 / mo

Highlights

  • Wood Flooring
  • P.S. 124 Silas B Dutcher Rated A-
  • Heating System Uses Steam

About This Home

As of September 2021

PRIME CORNER MIXED USE PROPERTY IN PARK SLOPE!!!
3 STORES / 4 APARTMENTS. HIGH TRAFFIC LOCATION WITH TREMENDOUS VISIBILITY.
CORNER STORE LEASED UNTIL 7/2028
(2 STORES AND 3 APARTMENTS WILL BE DELIVERED VACANT.)
ZONED C4-3A
IDEAL FOR USER/INVESTOR.

Last Agent to Sell the Property

Ralph Stroffolino

Stroffolino Realty LLC Listed on: 03/12/2021

Co-Listed By

Linda Stroffolino

Stroffolino Realty LLC

Last Buyer's Agent

Ralph Stroffolino

Stroffolino Realty LLC Listed on: 03/12/2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,000

Lot Details

  • 2,160 Sq Ft Lot
  • Lot Dimensions are 72 x 30
  • Property is zoned C4-3A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Basement Cellar

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 1029

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $18,000

Property Details

Property Type

Other

Est. Annual Taxes

$19,000

Lot Details

2,160 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 30.00
  • Co List Office Mls Id: 116290
  • Co List Office Phone: (718) 256-3800
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 12th st
  • Cross Street Name2: 13th street
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Building Stories: 3
  • Street Name I D X: 5
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2160

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Block
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3600.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 72
  • Lot Size Width: 30
  • Zoning: C4-3A

Multi Family

  • Insurance Expense: 18000.00
  • Unit Count: 7

Tax Info

  • Flip Tax Amount: 19000.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Sep 2, 2021
Sold by
Bought by
Seller's Agent
Ralph Stroffolino
Stroffolino Realty LLC
Buyer's Agent
Ralph Stroffolino
Stroffolino Realty LLC
Sold Price
$2,775,000
Current Estimated Value
$3,240,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,546
Avg. Annual Appreciation
3.20%
Original Mortgage
$2,050,000
Outstanding Balance
$1,828,366
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,412,180

Purchase Details

Closed on
Sep 9, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Slope, NY

  • Giuseppe Gregorio Real Estate Agent - NY Space Finders Inc

    Giuseppe Gregorio

    NY Space Finders Inc

    (516) 871-4746

    74 Total Sales

    1 in South Slope

    $810,000 Price

    Giuseppe Gregorio
     Section Image
  • Christine Olivieri Real Estate Agent - Ben Bay Realty Co

    Christine Olivieri

    Ben Bay Realty Co

    (866) 849-5388

    36 Total Sales

    1 in South Slope

    $850,000 Price

    Christine Olivieri
     Section Image
  • Barry Hochhauser Real Estate Agent - RE/MAX City Square

    Barry Hochhauser

    RE/MAX City Square

    (516) 558-5605

    1 Total Sale

    1 in South Slope

    $5,195,000 Price

    Barry Hochhauser
     Section Image
  • Michael Chadwick Real Estate Agent - Corcoran Group

    Michael Chadwick

    Corcoran Group

    (585) 514-5833

    19 Total Sales

    1 in South Slope

    $875,000 Price

    Michael Chadwick
     Section Image
  • Cheryl Rosenthal Real Estate Agent - Realty Trends Corp

    Cheryl Rosenthal

    Responds Quickly

    Realty Trends Corp

    (516) 518-7267

    151 Total Sales

    1 in South Slope

    $2,999,999 Price

    Cheryl Rosenthal
     Section Image
  • Javier Lattanzio Real Estate Agent - Time Equities Inc

    Javier Lattanzio

    Time Equities Inc

    (646) 553-4068

    38 Total Sales

    1 in South Slope

    $962,246 Price

    Javier Lattanzio
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,775,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,050,000
Previous Owner $232,824
Closed $79,595
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $2,775,000 -- --
03/12/2021 03/12/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,309 $1,299,150 $9,900 $1,289,250
2025 $23,438 $1,082,700 $9,900 $1,072,800
2024 $23,438 $902,250 $9,900 $892,350
2023 $21,294 $837,450 $9,900 $827,550
2022 $19,666 $811,800 $9,900 $801,900
2021 $19,717 $778,050 $9,900 $768,150
2019 $18,152 $972,720 $9,900 $962,820
2018 $17,468 $133,528 $1,087 $132,441
2017 $15,726 $123,640 $1,174 $122,466
2016 $15,940 $123,640 $1,391 $122,249
2015 $9,582 $119,804 $1,617 $118,187
2014 $9,582 $110,930 $1,797 $109,133
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ralph Stroffolino

    Stroffolino Realty LLC

    (718) 256-3800

    1 in this area

    29 Total Sales

    Ralph Stroffolino
    Section Image
  • Linda Stroffolino Real Estate Agent - Stroffolino Realty LLC

    Seller Co-Listing Agent in 2021

    Linda Stroffolino

    Stroffolino Realty LLC

    (718) 256-3800

    1 in this area

    11 Total Sales

    Linda Stroffolino
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449117

Brooklyn Board of REALTORS®

APN: 01029-0001

New York Kings County Brooklyn 11215 South Slope

513 5 Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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