NOT LISTED FOR SALE

536 Willoughby Ave Brooklyn, NY 11206

Bed-Stuy Neighborhood

Estimated Value: $1,253,000 - $1,361,000

6 Beds
4 Baths
3,140 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $1,060,000 $338 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,521/month

15 Days on Market

Highlights

  • Heating System Uses Steam
  • 1-minute walk to Myrtle-Willoughby Avenues
  • 2-minute walk to Willoughby Playground

About This Home

As of June 2020

Bankruptcy Auction: December 12th. 3,100+ Sq Ft Multi-Family Buiding, Prime Bed-Stuy Location. Currently Structured as Six Units. (4 w/ shared baths). Incredible Investment Opportunity. Price represents the Suggested Opening Bid.

Last Agent to Sell the Property

Richard Maltz

David R Maltz And Co Inc License #31MA1084067 Listed on: 11/27/2019

Last Buyer's Agent

Richard Maltz

David R Maltz And Co Inc License #31MA1084067 Listed on: 11/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20' x 100'

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,234

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 4
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20' x 100'
  • Lot Size Sq Ft: 2000
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 4234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
May 7, 2020
Sold by
Colangelo Stephanie and Riddle Stephanie
Bought by
Schwartz Pinky
Seller's Agent
Richard Maltz
David R Maltz And Co Inc
Buyer's Agent
Richard Maltz
David R Maltz And Co Inc
List Price
$700,000
Sold Price
$1,060,000
Premium/Discount to List
$360,000
51.43%
Current Estimated Value
$1,305,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,660
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,024,622
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2012
Sold by
Riddle Freddy and Riddle Stephanie
Bought by
Riddle Stephanie

Purchase Details

Closed on
Feb 22, 2007
Sold by
Freeman William
Bought by
Riddle Freddy and Riddle Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.3%
Source: Public Records

Range of Values:

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Average Value
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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
Schwartz Pinky $1,060,000 --
Riddle Stephanie -- --
Riddle Stephanie -- --
Riddle Freddy $675,000 --
Riddle Freddy $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Pinky $255,828
Previous Owner Schwartz Pinky $1,024,622
Previous Owner Riddle Freddy $135,000
Previous Owner Riddle Freddy $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $1,060,000 -- --
06/01/2020 06/01/20 Sold $1,060,000 +51.4% $338 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $700,000 -- $223 / Sq Ft
Source: OneKey® MLS

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 $4,879 $104,520 $15,180 $89,340
2024 $4,879 $82,560 $15,180 $67,380
2023 $4,657 $92,460 $15,180 $77,280
2022 $4,578 $93,720 $15,180 $78,540
2021 $4,554 $73,620 $15,180 $58,440
2020 $2,243 $74,400 $15,180 $59,220
2019 $4,234 $80,340 $15,180 $65,160
2018 $3,895 $19,108 $4,639 $14,469
2017 $3,895 $19,108 $6,270 $12,838
2016 $3,605 $18,032 $7,990 $10,042
2015 $1,954 $17,864 $5,609 $12,255
2014 $1,954 $16,869 $5,510 $11,359
Source: Public Records

Agents Affiliated with this Home

  • Richard Maltz

    Seller's Agent in 2020

    Richard Maltz

    David R Maltz And Co Inc

    (516) 840-9210

    60 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3183280

OneKey® MLS

APN: 01767-0015

New York Kings County Brooklyn 11206 Bed-Stuy

536 Willoughby Ave, Brooklyn, NY

This home is located at 536 Willoughby Ave, Brooklyn, NY 11206 since 27 November 2019 and is currently estimated at $1,305,660, approximately $415 per square foot. This property was built in 1910. 536 Willoughby Ave is a home located in Kings County with nearby schools including P.S. 23 - Carter G. Woodson, The Brooklyn Charter School, and Walk in Love Christian Academy.

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