NOT LISTED FOR SALE

5704 New Utrecht Ave Brooklyn, NY 11219

Borough Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
1,955 Sq Ft Lot

Last Sold November 06, 2023

Last sale price $1,650,000

Highlights

  • Fenced Yard
  • 2-minute walk to 55 Street
  • Heating System Uses Steam
  • The Seeall Academy Rated A
  • Tile Flooring
  • Private Driveway

About This Home

As of November 2023

PRIME BORO PARK LOCATION. MIXED USE BUILDING TO BE SOLD ONLY AS A PACKAGE DEAL WITH CORNER BUILDING 5702 NEW UTRECHT AVE. PERFECT FOR A CONSTRUCTION BUSINESS TO STORE MATERIALS AND PARKING FOR 5+ VEHICLES IN THE REAR OF THE 2 BUILDINGS + INCOME FROM THE APARTMENTS AND STORES.

Last Agent to Sell the Property

Jeff Grandis

Accord Real Estate Group Listed on: 06/26/2022

Last Buyer's Agent

Jeff Grandis

Accord Real Estate Group Listed on: 06/26/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,228

Lot Details

  • 1,955 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Fenced Yard
  • Back Yard
  • Property is zoned R5, C2-3

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Linoleum
  • Tile

Parking

  • 5 Parking Spaces
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fuel Expense $3,000
  • Insurance Expense $3,500
  • Utility Expense $500

Property Details

Property Type

Other

Est. Annual Taxes

$11,228

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Fence - Full
  • Commercial Features Interior: Heated, Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 57th St
  • Cross Street Name2: 58th St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 5 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Building Stories: 2
  • Street Name I D X: New Utrecht Ave
  • Street Number I D X: 5704
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Linoleum, Tile
  • Lot Sq Ft: 1955

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Stucco
  • Foundation Details: Poured Concrete
  • Roof: Asphalt/Tar, Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5, C2-3

Multi Family

  • Insurance Expense: 3500.00
  • Unit Count: 2
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 11228.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Oct 27, 2023
Sold by
Merlite Realty Corp
Bought by
5702 New Utrecht Avenue Llc
Seller's Agent
Jeff Grandis
Accord Real Estate Group
Buyer's Agent
Jeff Grandis
Accord Real Estate Group
List Price
$900,000
Sold Price
$1,650,000
Premium/Discount to List
$750,000
83.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$981,459
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
5702 New Utrecht Avenue Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5702 New Utrecht Avenue Llc $520,000
Open 5702 New Utrecht Avenue Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $1,650,000 +83.3% --
06/26/2022 06/26/22 For Sale $900,000 -- --
06/25/2022 06/25/22 Pending -- -- --
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 $11,906 $126,900 $16,650 $110,250
2024 $11,906 $122,400 $16,650 $105,750
2023 $11,689 $118,800 $16,650 $102,150
2022 $11,228 $104,400 $16,650 $87,750
2021 $9,913 $92,700 $16,650 $76,050
2020 $7,435 $109,350 $16,650 $92,700
2019 $11,497 $109,350 $16,650 $92,700
2018 $10,645 $101,250 $16,650 $84,600
2017 $10,845 $125,100 $16,650 $108,450
2016 $9,832 $123,300 $16,650 $106,650
2015 $5,304 $103,050 $16,650 $86,400
2014 $5,304 $86,850 $16,650 $70,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jeff Grandis

    Accord Real Estate Group

    2 in this area

    4 Total Sales

    Jeff Grandis
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463728

Brooklyn Board of REALTORS®

APN: 05698-0018

New York Kings County Brooklyn 11219 Borough Park

5704 New Utrecht Ave, Brooklyn, NY

This home is located at 5704 New Utrecht Ave, Brooklyn, NY 11219 since 26 June 2022. 5704 New Utrecht Ave is a home located in Kings County with nearby schools including The Seeall Academy, Junior High School 227 Edward B Shallow, and Franklin Delano Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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