NOT LISTED FOR SALE

Estimated Value: $1,839,849

4 Beds
2 Baths
2,520 Sq Ft
$730/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $1,600,000 $635 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,308/month

Highlights

  • Wood Flooring
  • 6 Car Detached Garage
  • Cooling Available
  • The Seeall Academy Rated A
  • Back and Side Yard
  • 3-minute walk to Gravesend Park

About This Home

As of June 2018

Extraordinary, solid brick, multi-family opportunity arriving to market right on 18th Avenue in the exciting and accessible area between Bensonhurst, Mapleton, New Utrecht and Borough Park! Right around the corner from 60th Street, and all of the wonderful shops along 18th Avenue and just a stone’s throw from Gravesend Park, this towering building has an astonishing amount of potential. The property itself has R5 zoning and is set up as 2-bedrooms over 2-bedrooms; the first floor has 6 rooms overall, and the top apartment has 7 rooms in total, each with a full bathroom! The top floor has an extra room that can act as a den, study or home office space; each of the two apartments also have enclosed sun porches! A unique feature of this impressive home is that both apartments have two separate entrance ways; very flexible and rare! With more than 2,500 square feet of livable space and a full, end-to-end basement, there’s loads of space. Outside, on a staggering 2,856 square foot double lot, there’s a huge, semi-detached, 2-car garage and a private drive with enough room for 6 cars; hardly ever seen in the area! Near the Q D and F trains and close to all of the wonderful restaurants and specialty shops the area is famous for! Call today!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,983

Year Built

  • Built in 1930

Lot Details

  • 2,856 Sq Ft Lot
  • Lot Dimensions are 102 x 28
  • Back and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Detached Garage
  • Private Driveway

Utilities

  • Cooling Available

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 5504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,983

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 63.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117790
  • Co List Office Phone: (718) 942-5952
  • Confirmed By M L S Y N: Yes
  • Cross Street: 58th Street
  • Cross Street Name2: 59th Street
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 2520
  • Building Stories: 2
  • Street Name I D X: 18
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2856

Exterior Features

  • Yard: Back, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 40
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 28
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8983.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Jun 14, 2018
Sold by
Rockicioli Frances A
Bought by
Kyt 58 St Llc
Sold Price
$1,600,000
Current Estimated Value
$1,839,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,849
Avg. Annual Appreciation
1.86%
Original Mortgage
$960,000
Outstanding Balance
$828,628
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,011,221

Purchase Details

Closed on
Jan 20, 1997
Sold by
Palma Rockicioli Alfonsa and Palma Rochicioli Alfonsa
Bought by
Palma Rockicioli Alfonsa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kyt 58 St Llc $1,600,000 --
Kyt 58 St Llc $1,600,000 --
Kyt 58 St Llc $1,600,000 --
Palma Rockicioli Alfonsa -- --
Palma Rockicioli Alfonsa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyt 58 St Llc $960,000
Closed Kyt 58 St Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $1,600,000 -- $635 / Sq Ft
01/19/2018 01/19/18 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 $32,247 $429,750 $129,150 $300,600
2024 $32,247 $423,450 $129,150 $294,300
2023 $11,352 $108,300 $25,800 $82,500
2022 $10,557 $88,620 $25,800 $62,820
2021 $11,129 $88,680 $21,780 $66,900
2019 $10,268 $99,960 $21,780 $78,180
2018 $9,495 $46,579 $12,497 $34,082
2017 $8,983 $44,068 $11,745 $32,323
2016 $8,810 $44,068 $13,707 $30,361
2015 $5,014 $43,344 $16,604 $26,740
2014 $5,014 $40,905 $13,316 $27,589
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417235

Brooklyn Board of REALTORS®

APN: 05504-0040