NOT LISTED FOR SALE
-- Bed
68 Baths
-- Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: February 17, 2021

Last sale price $11,800,000

Highlights

  • 17,500 Sq Ft lot
  • Resident Manager or Management On Site
  • Heating System Uses Steam
  • IS 220 John J. Pershing Rated A-
  • Tile Flooring
  • 3-minute walk to Rainbow Playground

About This Home

As of February 2021

20015R: Great Investment Opportunity! NOTE TWO BUILDING BEING SOLD AS ONE PACKAGE in prime locale - Sunset Park, Bklyn, being sold together as ONE unit. Offered at a 4.9 cap rate, which includes 1 cell site, 4 stores + 68 units. Description: 2 THREE bedroom units w/full bath; 53 ONE bedroom units w/full bath; 13 TWO bedroom units w/full bath. Conveniently located to all - shopping & transportation! Financials upon request. Building size include BOTH buildings. 2nd building: 702 54th St is adj to 5413 7th Ave building.

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $125,517

Year Built

  • Built in 1911

Lot Details

  • 17,500 Sq Ft Lot
  • Lot Dimensions are 175x178
  • Irregular Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 68 Full Bathrooms
  • 4-Story Property
  • Tile Flooring

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 110 Volts

Community Details

  • 68 Units
  • Resident Manager or Management On Site

Listing and Financial Details

  • Tax Block 826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$125,517

Year Built

Built in 1911

Lot Details

0.4 Acres

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 54 Street
  • Cross Street Name2: 55 Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 68
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Building Stories: 4
  • Street Name I D X: 7
  • Year Built: 1911
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 68
  • Flooring: Tile, Other
  • Lot Sq Ft: 17500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 2
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas, Oil
  • Hot Water: Other

Lot Info

  • Lot Dimensions: 175x178
  • Lot Size Irregular: Yes
  • Lot Size Length: 178
  • Lot Size Width: 175
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 125517.00

Multi Family

  • Unit Count: 1

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

Closed on
Mar 14, 2025
Sold by
Bought by

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 16, 2021
Sold by
Bought by
Buyer's Agent
NON MEMBER
Sold Price
$11,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,750,000
Interest Rate
0.027%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- --
$5,000,000 --
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
Previous Owner $8,750,000
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
02/17/2021 02/17/21 Sold $11,800,000 -- --
01/13/2020 01/13/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $84,431 $868,950 $59,400 $809,550
2025 $77,986 $795,600 $59,400 $736,200
2024 $77,986 $785,250 $59,400 $725,850
2023 $69,543 $639,000 $59,400 $579,600
2022 $65,276 $640,800 $59,400 $581,400
2021 $60,759 $516,600 $59,400 $457,200
2020 $28,933 $537,300 $59,400 $477,900
2019 $56,921 $500,850 $59,400 $441,450
2018 $56,262 $472,050 $59,400 $412,650
2017 $55,175 $459,900 $59,400 $400,500
2016 $52,027 $432,900 $59,400 $373,500
2015 $19,691 $430,650 $59,400 $371,250
2014 $19,691 $416,250 $59,400 $356,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435892

Brooklyn Board of REALTORS®

APN: 00826-0002

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