NOT LISTED FOR SALE

595 3rd Ave Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $2,091,937

-- Bed
-- Bath
3,748 Sq Ft
$558/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,688,000 $450 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,438/month

Highlights

  • Wood Flooring
  • 3-minute walk to Prospect Avenue (D,M,N,R Line)
  • Back Yard
  • Heating System Uses Steam

About This Home

As of July 2022

South Park Slope two-family with one commercial space (23×50, 11’ high ceiling), 3 stories with a finished basement, full renovation in 2017, 1st floor and basement, 23×50, 2nd and 3rd floor, 23×40, total 6 bedrooms/2.5 baths with 2 terraces. Lot 23x84. Tenants pay electric, heat, gas and hot water bills individually. This property also can build additional air rights (Zone R6A, C2-4), One block from R train Prospect Ave station. Low tax, $5,021 and overhead cost. Great rental income and very low tax. Don’t miss out on this investment opportunity!

Last Agent to Sell the Property

Janice Chan

RE/MAX Real Estate Professionals License #10401280935 Listed on: 01/17/2022

RE/MAX Real Estate Professionals

Last Buyer's Agent

Janice Chan

RE/MAX Real Estate Professionals License #10401280935 Listed on: 01/17/2022

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1899

Lot Details

  • 1,963 Sq Ft Lot
  • Lot Dimensions are 84 x 23
  • Back Yard
  • Property is zoned R6A, C2-4

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,748 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Concrete

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1051

Property Details

Property Type

Other

Est. Annual Taxes

$5,052

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 23.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Heated, Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 16 Street
  • Cross Street Name2: Prospect Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3748
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Waterfront Present: No
  • Year Built: 1899
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Concrete, Hardwood
  • Lot Sq Ft: 1963

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 4
  • Roof: Other

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 84
  • Lot Size Width: 23
  • Zoning: R6A, C2-4

Tax Info

  • Flip Tax Amount: 5052.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jul 1, 2022
Sold by
Sunrise Realty 89 Llc
Bought by
Mkk Management Group Llc
Seller's Agent
Janice Chan
RE/MAX Real Estate Professionals
Buyer's Agent
Janice Chan
RE/MAX Real Estate Professionals
Sold Price
$1,688,000
Current Estimated Value
$2,091,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,937
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,000,000
Outstanding Balance
$948,604
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,143,333

Purchase Details

Closed on
Feb 22, 2017
Sold by
Elseedy Hussein M
Bought by
Sunrise Realty 89 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1999
Sold by
Wang Zhuo Zu and Wang Yu Lian
Bought by
Elseedy Hussein M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 1997
Sold by
Zhu Jun Hua and Wang Zhuo Zu
Bought by
Wang Zhuo Zu and Wang Yu Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mkk Management Group Llc $1,688,000 --
Mkk Management Group Llc $1,688,000 --
Mkk Management Group Llc $1,688,000 --
Sunrise Realty 89 Llc $1,650,000 --
Sunrise Realty 89 Llc $1,650,000 --
Sunrise Realty 89 Llc $1,650,000 --
Elseedy Hussein M $140,000 First American Title Ins Co
Elseedy Hussein M $140,000 First American Title Ins Co
Wang Zhuo Zu -- --
Wang Zhuo Zu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkk Management Group Llc $1,000,000
Closed Mkk Management Group Llc $1,000,000
Previous Owner Sunrise Realty 89 Llc $980,000
Previous Owner Elseedy Hussein M $70,000
Previous Owner Wang Zhuo Zu $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,688,000 -- $450 / Sq Ft
01/17/2022 01/17/22 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 $5,735 $210,060 $13,080 $196,980
2024 $5,735 $195,600 $13,080 $182,520
2023 $5,471 $172,860 $13,080 $159,780
2022 $5,078 $135,720 $13,080 $122,640
2021 $5,052 $116,220 $13,080 $103,140
2020 $3,776 $73,560 $13,080 $60,480
2019 $4,978 $63,960 $13,080 $50,880
2018 $4,576 $22,450 $5,511 $16,939
2017 $4,321 $21,198 $5,581 $15,617
2016 $3,999 $20,004 $6,320 $13,684
2015 $2,412 $20,004 $7,584 $12,420
2014 $2,412 $19,830 $9,025 $10,805
Source: Public Records

Agents Affiliated with this Home

  • Janice Chan

    Seller's Agent in 2022

    Janice Chan

    RE/MAX

    1 in this area

    22 Total Sales

    Janice Chan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458352

Brooklyn Board of REALTORS®

APN: 01051-0004

New York Kings County Brooklyn 11215 Gowanus

595 3rd Ave, Brooklyn, NY

Not Listed for Sale

Other

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