NOT LISTED FOR SALE
10 Beds
5 Baths
3,900 Sq Ft
1,950 Sq Ft Lot

Sale Details

Date Sold: April 10, 2024

Last sale price $980,000 $251 Per Sq Ft

59 Days on Market

Highlights

  • Green Building
  • 2-minute walk to Van Siclen Avenue (3,4 Line)
  • 3-minute walk to Martin Luther King Jr Playground

About This Home

As of April 2024

Exceptional solid brick semi-attached legal 4 family home just hitting the market on Van Siclen Avenue! One block from the Van Siclen 2,3 and 4 trains, this extraordinary multi-family investment property in move-in ready condition. This huge legal 4-family is 25 by 78 square feet on a long 25 by 100 square foot lot with R6 zoning, FAR 2.43 and an allowable useable floor area of 6,073 square feet, allowing for an unused FAR of 2.17 giving any new owner the ability to build another entire floor up on top! With over 3,700 square feet of living space on the top 2 floors and another 1,850 square feet in the impressive basement, complete with heat and high 7-foot ceilings, this is an opportunity not to be missed. The basement has both a front entrance leading into a spacious apartment as well as a side entrance leading into another entirely separate space making the hidden value in this gem well worth mentioning. The first and second floors have 2 separate matching apartments on each floor, all with 9-foot ceilings; the front units have a 3-bedroom, 1 bathroom unit and each of the back ones have a 2-bedroom 1-bathroom unit for a total of 10 bedrooms, that's not including the flexible and considerable extra basement space! Each and every unit on the top two floors have loads of windows due to the accompanying courtyard along the side of the property, perfect for all residents to relax in a private outdoor space. The building itself has a new boiler and is very clean and well-kept. Short walk to the Brooklyn Public Library and the Martin Luther King Playground just a couple of blocks away. 4-family homes delivered vacant in this area are very rare, and this one is ready to start generating a lucrative rental income from day one! This great property won't last, call today!

Last Agent to Sell the Property

Gavriel Ilyabayev

Douglas Elliman Real Estate License #10301217187 Listed on: 03/16/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Gavriel Ilyabayev

Douglas Elliman Real Estate License #10301217187 Listed on: 03/16/2023

Douglas Elliman Real Estate
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,052

Year Built

  • Built in 1930

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 78.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • No Cooling

Community Details

  • 4 Units
  • East New York Subdivision

Listing and Financial Details

  • Legal Lot and Block 0012 / 04074

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,052

Year Built

Built in 1930

Lot Details

1,950 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East New York
  • Entry Level: 1
  • Structure Type: Townhouse
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2024-04-10", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T16:20:18.960-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "51", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092313413, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "3218300", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1092313413", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0012\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1092313413\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658911", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": "78.00x25.00", "PropertySubType": "Multi Family", "UnitLocation": "1", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 3900.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 10

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1950.0
  • Lot Size Dimensions: 78.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 04074
  • Tax Lot: 0012
  • Tax Annual: 8052.0

Multi Family

  • Building Area Units: Square Feet

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 16, 2023
Closed on
Apr 2, 2024
Sold by
Dowding Eartha and Powell Janice
Bought by
Seller's Agent
Gavriel Ilyabayev
Douglas Elliman Real Estate
Buyer's Agent
Gavriel Ilyabayev
Douglas Elliman Real Estate
List Price
$1,200,000
Sold Price
$980,000
Premium/Discount to List
-$220,000
-18.33%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$974,925
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2023
Sold by
Powell Janice and Shepard Cynthia
Bought by
Dowding Eartha and Powell Janice

Purchase Details

Closed on
May 29, 2002
Sold by
Dowding Alfreda M
Bought by
Alfreda M Dowding Revoca
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$980,000 --
Dowding Eartha -- --
Alfreda M Dowding Revoca -- --
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 $160,000
Closed Van Siclen Ave Llc $110,000
Open 521 Van Siclen Avenue Llc $1,000,000
Previous Owner Powell Janice $250,000
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
04/10/2024 04/10/24 Sold $980,000 -18.3% $251 / Sq Ft
09/24/2023 09/24/23 Off Market $1,200,000 -- --
05/15/2023 05/15/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,200,000 -- $308 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,177 $270,450 $16,650 $253,800
2025 $9,178 $225,450 $16,650 $208,800
2024 $9,178 $213,750 $16,650 $197,100
2023 $8,698 $196,650 $16,650 $180,000
2022 $8,038 $202,950 $16,650 $186,300
2021 $7,466 $163,800 $16,650 $147,150
2019 $7,122 $149,580 $16,650 $132,930
2018 $6,937 $54,540 $7,285 $47,255
2017 $6,427 $50,533 $7,600 $42,933
2016 $6,035 $46,816 $8,793 $38,023
2015 $3,916 $43,439 $9,800 $33,639
2014 $3,916 $43,439 $11,732 $31,707
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10927819

Real Estate Board of New York (REBNY)
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