H
Seller's Agent in 2023
Hang Chen
RE/MAX
(646) 239-5999
25 in this area
218 Total Sales
5812 8th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $3,278,732
Studio
--
Bath
3,300
Sq Ft
$994/Sq Ft
Est. Value
Highlights
- Tile Flooring
- 3-minute walk to 8 Avenue
- Back Yard
- P.S. 69 Vincent D Grippo School Rated A-
- Hot Water Heating System
About This Home
As of August 2023Mixed-use 1 store and 2 family located at 8th Avenue between 58th St and 59th St in Sunset Park. 1st floor is a bakery with a legal extension of 20X80. 2nd floor is a single family with 2 bedrooms. 3rd floor is 3 bedrooms. It has 3 separate gas meters, 5 separate gas lines, 3 separate electric panels, and separate boilers.
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,551
Year Built
- Built in 1931
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
- Property is zoned R6
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Tile Flooring
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 858
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
Listed on
Mar 28, 2022
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Hang Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Hang Chen
RE/MAX Real Estate Professionals
List Price
$5,880,000
Sold Price
$3,200,000
Premium/Discount to List
-$2,680,000
-45.58%
Views
2
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
$78,732
Original Mortgage
$2,000,000
Interest Rate
0.0681%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
0.033%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $3,200,000 | -- | ||
| $1,600,000 | -- | ||
| -- | Commonwealth Land Title Ins |
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 |
|---|---|---|---|
| Closed | $2,000,000 | ||
| Closed | $1,600,000 |
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 |
|---|---|---|---|---|
| 08/09/2023 08/09/23 | Sold | $3,200,000 | -20.0% | $970 / Sq Ft |
| 03/28/2023 03/28/23 | Price Changed | $4,000,000 | -4.8% | $1,212 / Sq Ft |
| 03/22/2023 03/22/23 | Price Changed | $4,200,000 | -8.7% | $1,273 / Sq Ft |
| 03/22/2023 03/22/23 | Price Changed | $4,600,000 | -20.7% | $1,394 / Sq Ft |
| 11/10/2022 11/10/22 | Price Changed | $5,800,000 | -1.4% | $1,758 / Sq Ft |
| 03/28/2022 03/28/22 | For Sale | $5,880,000 | -- | $1,782 / Sq Ft |
| 03/28/2022 03/28/22 | 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 | $5,997 | $142,260 | $10,140 | $132,120 |
| 2025 | $5,702 | $108,180 | $10,140 | $98,040 |
| 2024 | $5,702 | $111,240 | $10,140 | $101,100 |
| 2023 | $5,440 | $98,340 | $10,140 | $88,200 |
| 2022 | $5,278 | $77,220 | $10,140 | $67,080 |
| 2021 | $5,551 | $71,940 | $10,140 | $61,800 |
| 2019 | $4,949 | $49,560 | $10,140 | $39,420 |
| 2018 | $4,550 | $22,320 | $5,483 | $16,837 |
| 2017 | $4,491 | $22,032 | $5,800 | $16,232 |
| 2016 | $4,394 | $21,979 | $6,943 | $15,036 |
| 2015 | $2,507 | $20,736 | $7,857 | $12,879 |
| 2014 | $2,507 | $19,716 | $8,957 | $10,759 |
Source: Public Records
Agents Affiliated with this Home
-
Hang Chen
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 460234
APN: 00858-0042
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