$1,000,000
SOLD MAY 28, 2025
-- Bed
-- Bath
2,780 Sq Ft
1,700 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to 53 Street

About This Home

As of May 2025

This mixed-use building is situated in the heart of Sunset Park on bustling 4th Avenue. It features one commercial space and two residential units, with the entire property ready to be delivered vacant. The first floor serves as a doctor's office, providing an excellent opportunity for a business owner. The second and third floors each consist of spacious two-bedroom apartments with large living rooms and open kitchen countertops. The property's R7A zoning offers fantastic potential for maximizing income, whether through rental opportunities or business use. The location is highly convenient, just minutes away to the R train and Chinatown on 8th Avenue. This is an outstanding investment opportunity in a prime area.

Last Agent to Sell the Property

Michelle Zhang

RE/MAX Edge Listed on: 10/01/2024

Last Buyer's Agent

Michelle Zhang

RE/MAX Edge Listed on: 10/01/2024

Property Details

Property Type

  • Other

Year Built

  • Built in 1920

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 100 x 17
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Stucco Exterior

Interior Spaces

  • 2,780 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 806

Property Details

Property Type

Other

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Commercial Condo Y N: Yes
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 53rd St
  • Cross Street Name2: 52nd St
  • Heat Delivery: Steam/Radiator, Other
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2780
  • Street Name I D X: 4th
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 1700

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Stucco, Other
  • Foundation Details: Block, Stone
  • Lot Number: 41
  • Roof: Other

Utilities

  • Electric: 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 17
  • Zoning: R7A

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
May 28, 2025
Sold by
Mejia Jose Raul and Mejia Juana Norma
Bought by
5212 Yao Estates Llc
Seller's Agent
Michelle Zhang
RE/MAX Edge
Buyer's Agent
Michelle Zhang
RE/MAX Real Estate Professionals
List Price
$999,999
Sold Price
$1,000,000
Premium/Discount to List
$1
0.0%
Views
23
Current Estimated Value
$989,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,038
Avg. Annual Appreciation
-1.75%
Original Mortgage
$600,000
Outstanding Balance
$597,393
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,569

Purchase Details

Closed on
Feb 11, 2004
Sold by
Miamd Reality Corp
Bought by
Aviles Carlos

Purchase Details

Closed on
May 3, 2002
Sold by
Scaccia Marcella
Bought by
Miamd Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,000,000 --
Deed $352,000 --
Deed $352,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Purchase Money Mortgage
Previous Owner $147,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $1,000,000 -16.7% $360 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,200,000 +20.0% $432 / Sq Ft
10/01/2024 10/01/24 For Sale $999,999 -- $360 / Sq Ft
10/01/2024 10/01/24 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 $14,395 $149,400 $25,650 $123,750
2024 $14,395 $140,400 $25,650 $114,750
2023 $14,257 $136,800 $25,650 $111,150
2022 $14,306 $147,150 $25,650 $121,500
2021 $11,790 $110,250 $25,650 $84,600
2020 $7,188 $144,900 $25,650 $119,250
2019 $13,163 $130,500 $25,650 $104,850
2018 $12,500 $132,300 $25,650 $106,650
2017 $11,591 $119,700 $25,650 $94,050
2016 $10,924 $135,000 $25,650 $109,350
2015 $5,523 $108,450 $25,650 $82,800
2014 $5,523 $99,000 $25,650 $73,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486424

Brooklyn Board of REALTORS®

APN: 00806-0041