NOT LISTED FOR SALE

Estimated Value: $1,948,000

10 Beds
3 Baths
-- Sq Ft
2,309 Sq Ft Lot

Last Sold June 03, 2015

Last sale price $1,800,000

Est. 8% increase in value since last sale

Current estimated payment $11,366/month

56 Days on Market

About This Home

As of June 2015

This beautiful 3 family building is located right off the bustling Franklin Avenue Crown Heights shopping district and only two blocks away from the heart of Prospect Heights.

With minimal building wide expenses and a rent roll which reflects current market pricing, the building presents an opportunity for the right investor.

Each of the three apartments are outfitted with hard wood flooring, stainless steel appliances, exposed brick, and individualized apartment heating; with the garden unit overlooking a vast private outdoor space[17x86].

Seller has recently completed CAPEX items including but not limited to: new roof, heating plants and chimney stack.

Last Agent to Sell the Property

Mordechai Werde

Compass License #10301210621 Listed on: 03/02/2015

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,395

Lot Details

  • 2,309

Home Design

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Bathrooms

Additional Features

  • 3-Story Property
  • Garden

Community Details

  • 3 Units
  • Crownhei Subdivision

Listing and Financial Details

  • Tax Block 1178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,395

Lot Details

0

Listing Details

  • Cross Street: Franklin ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 10

Exterior Features

  • Exterior Features: Garden

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2017
Sold by
Strange Brian
Bought by
Fertig Ira and Wittles Kate
Current Estimated Value
$1,948,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,500
Outstanding Balance
$1,291,065
Interest Rate
3.93%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jun 1, 2015
Sold by
608 St Johns Place Llc
Bought by
Strange Brian
Seller's Agent
Mordechai Werde
Compass
List Price
$1,799,999
Sold Price
$1,800,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2012
Sold by
Secured Equity Advantage Llc
Bought by
608 St John'S Place Llc
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
Fertig Ira $2,050,000 --
Strange Brian $1,800,000 --
608 St John'S Place Llc -- --
Secured Equity Advantage Llc $644,799 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fertig Ira $1,537,500
Previous Owner Strange Brian $1,350,000
Previous Owner Hinton Ann Marie $345,000
Previous Owner Hinton Ann Marie $227,000
Previous Owner Hinton Ann Marie $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $1,800,000 0.0% --
05/04/2015 05/04/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $1,799,999 -- --
Source: Real Estate Board of New York (REBNY)

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 $8,395 $131,160 $23,340 $107,820
2024 $8,395 $103,620 $23,340 $80,280
2023 $8,175 $127,140 $23,340 $103,800
2022 $7,066 $121,920 $23,340 $98,580
2021 $7,140 $113,340 $23,340 $90,000
2020 $3,525 $114,660 $23,340 $91,320
2019 $4,828 $105,420 $23,340 $82,080
2018 $4,443 $21,795 $4,060 $17,735
2017 $4,443 $21,795 $5,410 $16,385
2016 $4,112 $20,571 $6,892 $13,679
2015 $2,260 $20,377 $9,189 $11,188
2014 $2,260 $19,233 $10,412 $8,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061048

Real Estate Board of New York (REBNY)

APN: 01178-0035