NOT LISTED FOR SALE

Estimated Value: $1,971,000 - $2,536,000

8 Beds
3 Baths
2,607 Sq Ft
$830/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,860,000 $713 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,150/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Heating System Uses Steam
  • P.S. 121 Nelson A Rockefeller Rated A-
  • Multiple cooling system units
  • 5-minute walk to Gravesend Park

About This Home

As of April 2023

Office Exclusive – Boro Park – Chance of Lifetime extra large 22 wide 2 family brick. Layout is 6 rooms 3 bedrooms 1 bathroom over 6 rooms 3 bedrooms 1 bathroom over a finished walk in with 4 rooms 2 bedrooms and 1 bathroom. Private driveway in front with built in one car garage with parking for 2 cars. Brand new hot water heater and newer gas boiler. House size is 22 × 56 and lot size 22 × 96. Home being sold as is huge upside potential for a great long term investment. Prime central location. Will not last.

Last Agent to Sell the Property

Nicholas Venezia

Venezia Realty Group LLC Listed on: 11/06/2022

Last Buyer's Agent

Nicholas Venezia

Venezia Realty Group LLC Listed on: 11/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1935

Lot Details

  • 2,112 Sq Ft Lot
  • Lot Dimensions are 96 x 22
  • Back Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,607 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 5495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,303

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 54th St
  • Cross Street Name2: 55th St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit
  • Fill Sq Ft Total: 2607
  • Building Stories: 2
  • Street Name I D X: 19th
  • Building Style: Duplex
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood, Linoleum, Tile
  • Lot Sq Ft: 2112

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 36
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 22
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8303.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Apr 14, 2023
Sold by
Palazzolo Patrick and Volpe Josephine
Bought by
Grinfeld Yechezkel
Seller's Agent
Nicholas Venezia
Venezia Realty Group LLC
Buyer's Agent
Nicholas Venezia
Venezia Realty Group LLC
List Price
$1,950,000
Sold Price
$1,860,000
Premium/Discount to List
-$90,000
-4.62%
Current Estimated Value
$2,163,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,025
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,394,775
Outstanding Balance
$1,356,011
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$807,014
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grinfeld Yechezkel $1,860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grinfeld Yechezkel $1,394,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $1,860,000 -4.6% $713 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
11/06/2022 11/06/22 For Sale $1,950,000 -- $748 / Sq Ft
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 $10,075 $82,440 $22,440 $60,000
2024 $10,075 $78,840 $22,440 $56,400
2023 $9,702 $90,360 $22,440 $67,920
2022 $8,303 $96,900 $22,440 $74,460
2021 $8,619 $96,480 $22,440 $74,040
2019 $7,483 $90,900 $22,440 $68,460
2018 $6,870 $39,812 $14,235 $25,577
2017 $7,117 $39,812 $14,919 $24,893
2016 $6,852 $39,139 $16,210 $22,929
2015 $3,886 $36,924 $20,158 $16,766
2014 $3,886 $34,836 $16,174 $18,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 468927

Brooklyn Board of REALTORS®

APN: 05495-0036