Seller's Agent in 2022
Marc Richter
Commerce Realty Group
(646) 342-8959
3 in this area
38 Total Sales
568 Pine St E. New York, NY 11208
East New York NeighborhoodEstimated Value: $1,075,789
--
Bed
3
Baths
--
Sq Ft
2,000
Sq Ft Lot
About This Home
As of May 2022Perfect for Investors! Mixed-use 3 family building + retail store! 1st floor is Grocery Store, with 3, 2 bedroom apartments. NOI=$73,787.68 which equates to a 7.38% CAP Rate! A great deal for the savvy investor!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,443
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
Parking
- Attached Garage
Home Design
Additional Features
- 3 Full Bathrooms
- Multiple cooling system units
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 4266
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2021
Closed on
May 6, 2022
Sold by
Khan Bibi F and Khan Faneeza A
Bought by
Rakan Llc
Seller's Agent
Marc Richter
Commerce Realty Group
Buyer's Agent
Marc Richter
Commerce Realty Group
Sold Price
$995,000
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
$80,789
Avg. Annual Appreciation
2.03%
Original Mortgage
$600,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 2016
Sold by
Estate Of Raymon H Khan and Shazim Azad Khan Executor Of
Bought by
Khan Bibi F and Khan Faneeza A
Purchase Details
Closed on
Apr 5, 2000
Sold by
Khan Janet
Bought by
Khan Raymon Hamid
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rakan Llc | $995,000 | -- | |
| Rakan Llc | $995,000 | -- | |
| Khan Bibi F | -- | -- | |
| Khan Bibi F | -- | -- | |
| Khan Raymon Hamid | -- | Commonwealth Land Title Ins | |
| Khan Raymon Hamid | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rakan Llc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $995,000 | -- | -- |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
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 | $8,443 | $184,050 | $12,150 | $171,900 |
| 2024 | $8,443 | $153,360 | $12,150 | $141,210 |
| 2023 | $8,284 | $127,800 | $12,150 | $115,650 |
| 2022 | $7,987 | $130,950 | $12,150 | $118,800 |
| 2021 | $7,317 | $114,750 | $12,150 | $102,600 |
| 2020 | $7,317 | $94,050 | $12,150 | $81,900 |
| 2019 | $6,496 | $94,050 | $12,150 | $81,900 |
| 2018 | $6,607 | $51,946 | $8,060 | $43,886 |
| 2017 | $6,402 | $50,334 | $9,000 | $41,334 |
| 2016 | $6,008 | $46,606 | $9,185 | $37,421 |
| 2015 | $3,901 | $43,154 | $9,874 | $33,280 |
| 2014 | $3,901 | $39,959 | $11,009 | $28,950 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Richter
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 449807
APN: 04266-0050
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