Seller's Agent in 2022
Aldo Iemma
Empire State Realty Group
(646) 932-4441
2 in this area
9 Total Sales
5713 5th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $2,482,133
Studio
--
Bath
6,500
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Heating System Uses Steam
- 4-minute walk to 59 Street (N,R Line)
- 4-minute walk to Rainbow Playground
- IS 220 John J. Pershing Rated A-
- Back Yard
About This Home
As of November 2022Sunset Park- Mixed-use property 25X65 on 25x100 lot; 6 apartments + 2 stores with a BEAUTIFUL VIEW of the MANHATTAN SKYLINE from the ROOF!! One store is rented for $3800; the other was recently vacated is set up as restaurant with all equipment.Each of the six apartments has 2 bedrooms. Total gross annual income is $168,000. Apt leases expire 10/23 #1-$1,009,62,#2-$1.063.76,#3-$1,116.95, #4$1,116.95, #5-$1.076.25, #6-$1,116.95. Water bill-appr.$6500. Heat appr. $8000. This well maintained building offers: a NEW BOILER(2019), NEW HOT WATER HEATER(2021), NEW ELECTRIC PANELS & NEW EMERGENCY EXIT LIGHT FIXTURES IN THE HALLWAYS FROM THE ENTRANCE TO THE ROOF(2016), NEW STUCCO ON REAR EXTERNAL WALL, NEW CAULKING ON WINDOWS, SEVERAL NEW WINDOWS, NEW SEAL ON ROOF, NEW HALLWAY FLOORS FROM TOP TO BOTTOM, AND THE HALLWAY IS NEWLY PAINTED FROM THE ENTRANCE TO THE ROOF!! The basement has two walk-in-freezer boxes previously used by the restaurant business that recently vacated the presently available commercial space. With too many extras to mention, call for your private property tour !
Property Details
Property Type
- Other
Est. Annual Taxes
- $21,500
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back Yard
- Property is zoned R6A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Masonry
Interior Spaces
- 6,500 Sq Ft Home
- 4-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 6 Units
- Gross Income $168,000
Listing and Financial Details
- Tax Block 848
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2022
Closed on
Nov 8, 2022
Sold by
Vinci & Sons Corp
Bought by
5713 5Th Ave Llc
Seller's Agent
Aldo Iemma
Empire State Realty Group
Buyer's Agent
Aldo Iemma
Empire State Realty Group
Sold Price
$2,205,000
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
$277,133
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,320,000
Outstanding Balance
$1,278,993
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,203,140
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5713 5Th Ave Llc | $2,220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5713 5Th Ave Llc | $1,320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2022 11/08/22 | Sold | $2,205,000 | -- | $339 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $26,030 | $616,500 | $11,700 | $604,800 |
| 2024 | $26,030 | $553,050 | $11,700 | $541,350 |
| 2023 | $23,649 | $513,000 | $11,700 | $501,300 |
| 2022 | $23,266 | $520,200 | $11,700 | $508,500 |
| 2021 | $21,599 | $567,000 | $11,700 | $555,300 |
| 2019 | $20,199 | $624,600 | $11,700 | $612,900 |
| 2018 | $19,550 | $148,297 | $2,596 | $145,701 |
| 2017 | $18,605 | $146,278 | $2,713 | $143,565 |
| 2016 | $17,461 | $135,444 | $2,771 | $132,673 |
| 2015 | $11,336 | $125,557 | $2,785 | $122,772 |
| 2014 | $11,336 | $123,201 | $3,279 | $119,922 |
Source: Public Records
Agents Affiliated with this Home
-
Aldo Iemma
-
Deborah A. Iemma
Seller Co-Listing Agent in 2022
Deborah A. Iemma
Empire State Realty Group
(646) 932-4442
2 in this area
12 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 463932
APN: 00848-0004
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