Seller's Agent in 2024
Daniel Benzaken
RE/MAX Edge
(347) 539-6680
1 in this area
28 Total Sales
54 Fane Ct Brooklyn, NY 11229
Gerritsen Beach Neighborhood
0.04
Acre
$4,375,000
Price per Acre
1,785
Sq Ft Lot
About This Lot
As of October 2024Owner Financing or co-development options available! Residential Lot with approved plans for a 2-family home. This 1,785 SF virgin lot of land is located in the sunny, quiet, marina neighborhood of Gerritsen Beach. The zoning is R4 which allows you to build a home with a floor area ratio of 0.75 which is great on its own, but we have approved plans for a 1,380 SF, 2-family home that comes out to a floor area ration of 0.77 – approved! The design of this future, cozy two family home at 1,380 SF includes a ground-floor, 690 SF garage & cellar with 2-car parking and room for storage, a 2nd floor 2-bedroom, 1 bath apartment. You have the opportunity to go straight to the building phase and build your dream home or work with your architect on any changes to make your dream home a reality. Current real estate taxes are $92.42 per month, so at that rate you could take your time if you wanted to.
With convenient access to the B31 bus route, playgrounds, baseball fields, little leagues, a skatepark, shopping, groceries, and a supermarket all on Gerritsen Avenue, this could be the perfect opportunity to build your cozy beach home or build your first development for a sale next year or add to your rental portfolio.
The owner is willing to perform owner financing as well as co-development. It’s all up to your expertise and skill. Will be able to review the approved plans with you. Feel free to drive by the lot and neighborhood anytime and then schedule a visit
Last Agent to Sell the Property
RE/MAX Edge License #10401305338 Listed on: 06/19/2024
Last Buyer's Agent
Andrew Wong
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,109
Year Built
- Built in 1920
Lot Details
- 1,785 Sq Ft Lot
- Lot Dimensions are 53 x 34
- Property is zoned R4
Interior Spaces
- 1,380 Sq Ft Home
- 3-Story Property
Listing and Financial Details
- Tax Block 8939
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Oct 25, 2024
Sold by
Johnston Adrian and Langone Krisel
Bought by
Khashimov Ruslan
Seller's Agent
Daniel Benzaken
RE/MAX Edge
Buyer's Agent
Andrew Wong
List Price
$188,000
Sold Price
$175,000
Premium/Discount to List
-$13,000
-6.91%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,237
Avg. Annual Appreciation
19.72%
Purchase Details
Closed on
May 4, 2016
Sold by
Johnston Adrian
Bought by
Johnston Adrian and Langone Krisel
Purchase Details
Closed on
Apr 1, 2016
Sold by
Johnston Adrian
Bought by
Johnston Adrian and Langone Krisel
Purchase Details
Closed on
Jul 16, 2013
Sold by
Sardinha Victor
Bought by
Johnston Adrian
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $95,000 | -- | |
| Deed | $95,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $175,000 | -6.9% | $127 / Sq Ft |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $188,000 | -- | $136 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $1,163 | $6,720 | $6,720 | -- |
| 2024 | $1,163 | $6,480 | $6,480 | $0 |
| 2023 | $1,109 | $5,460 | $5,460 | $0 |
| 2022 | $1,126 | $5,640 | $5,640 | $0 |
| 2021 | $1,250 | $5,940 | $5,940 | $0 |
| 2020 | $2,561 | $24,060 | $6,240 | $17,820 |
| 2019 | $2,233 | $22,740 | $6,240 | $16,500 |
| 2018 | $1,663 | $11,392 | $4,172 | $7,220 |
| 2017 | $1,545 | $10,748 | $6,210 | $4,538 |
| 2016 | $1,406 | $10,140 | $6,240 | $3,900 |
| 2015 | $1,273 | $10,155 | $6,240 | $3,915 |
| 2014 | $1,273 | $10,155 | $6,240 | $3,915 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Benzaken
-
A
Buyer's Agent in 2024
Andrew Wong
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 484005
APN: 08939-0118
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