$1,100,000
SOLD DEC 2, 2024
6 Beds
3 Baths
2,946 Sq Ft
1,960 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

53 Days on Market

About This Home

As of December 2024

Welcome to an exclusive three- investment opportunity nestled in the vibrant neighborhood of Bushwick, Brooklyn. With a strong demand for rental properties in Bushwick, this townhouse presents an ideal attractive income-generating opportunity for investors/developers.

Features:

-Prime location in Bushwick, Brooklyn, surrounded by amenities and transportation.

-Property sold as-is with tenants in place; however, tenants are currently not paying rent.

-Building will not be vacant at closing

-Ideal for investors looking to acquire a property with tenant occupancy and willing to address non-payment issues.

-Renovation is needed, but potential for expansion based on current zoning regulations.

-Current zoning permits an additional two floors, maximizing future rental income

-Strong rental demand for potential high yields.

Contact us now to seize this opportunity to transform and expand this townhouse in Bushwick.

Last Agent to Sell the Property

Eli Halali

Manhattan Realty Group License #10311204670 Listed on: 09/26/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1900

Home Design

  • 2,946 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Brooklyn Subdivision

Listing and Financial Details

  • Property Available on 12/2/24

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,108

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: BROOKLYN
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Living Area: 2946.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None
  • Cooling: Window Unit(s)
  • Heating: None
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0000

Building Info

  • New Construction: No
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-12-02

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Jan 29, 2025
Sold by
Heredia Tito
Bought by
62 Bleecker Brooklyn Llc
Seller's Agent
Eli Halali
Manhattan Realty Group
List Price
$1,100,000
Sold Price
$1,100,000
Views
38
Current Estimated Value
$1,071,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,970
Avg. Annual Appreciation
-15.21%
Original Mortgage
$510,000
Outstanding Balance
$507,379
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$458,237

Purchase Details

Closed on
Oct 23, 2001
Sold by
Oyola Maria Ines
Bought by
Frias Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $850,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 Purchase Money Mortgage
Closed $106,100 Unknown
Previous Owner $77,992 Unknown
Previous Owner $382,215 Stand Alone Refi Refinance Of Original Loan
Previous Owner $16,646 Unknown
Previous Owner $442,590 No Value Available
Previous Owner $30,000 No Value Available
Previous Owner $201,500 No Value Available
Previous Owner $203,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $1,100,000 0.0% $373 / Sq Ft
09/26/2024 09/26/24 For Sale $1,100,000 -- $373 / Sq Ft
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 $3,108 $71,700 $12,720 $58,980
2024 $3,108 $66,240 $12,720 $53,520
2023 $2,969 $81,240 $12,720 $68,520
2022 $2,753 $89,040 $12,720 $76,320
2021 $2,744 $83,220 $12,720 $70,500
2020 $2,058 $59,700 $12,720 $46,980
2019 $2,698 $59,700 $12,720 $46,980
2018 $2,483 $12,182 $3,759 $8,423
2017 $2,343 $11,493 $3,461 $8,032
2016 $2,172 $10,866 $3,138 $7,728
2015 $1,308 $10,846 $3,529 $7,317
2014 $1,308 $10,747 $4,199 $6,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11012074

Real Estate Board of New York (REBNY)

APN: 03305-0018