NOT LISTED FOR SALE

Estimated Value: $1,633,618

-- Bed
-- Bath
4,080 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $1,500,000 $368 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,386/month

Highlights

  • Tile Flooring
  • 1-minute walk to 18 Avenue (N Line)
  • Masonry wall
  • P.S. 048 Mapleton Rated A-
  • Heating System Uses Steam

About This Home

As of July 2021

Solid 3 stories mixed use building for sale in prime Bensonhurst, rare find over sized commercial/business space of 2,000 square feet in the neighborhood, the building size of the second and third floor are 20 x 52, they're both 3 bedroom units with no leases. The yearly income of the entire building is $100,800. The restaurant still have 5 years lease with 3% yearly increased. The subway station is right across the street, convenient for shopping, all major banks, and supermarkets. Can't miss it.

Last Agent to Sell the Property

Jian (Carey) Yang

Listed on: 04/07/2021

Co-Listed By

Rui (Nancy) Wu

Last Buyer's Agent

Dawei Li

Winzone Realty Inc

Winzone Realty Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,803

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Masonry wall
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,080 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5561

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Fuel Expense $7,000
  • Insurance Expense $3,000
  • Net Operating Income $74,703

Property Details

Property Type

Other

Est. Annual Taxes

$13,803

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2000
  • Building Length: 100.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Fire - Smoke Alarm, Kitchen, Living Space Available, Lobby, Restrooms - Public, Restrooms - Staff
  • Confirmed By M L S Y N: Yes
  • Cross Street: 62nd Street
  • Cross Street Name2: 63rd Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 1
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4080
  • Building Stories: 3
  • Street Name I D X: 18
  • Street Number I D X: 6221
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile
  • Lot Sq Ft: 2000
  • Walls: Masonry

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 2
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Other
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 7000.00

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 26097.00
  • Insurance Expense: 3000.00
  • Property Net Operating Income: 74703.00
  • Unit Count: 4

Tax Info

  • Flip Tax Amount: 13803.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 28, 2021
Sold by
Rose As Trustee Amy and The Chung Ping Choy And Chun Hei Choy Ir
Bought by
Kliu Group Llc
Seller's Agent
Jian (Carey) Yang
Buyer's Agent
Dawei Li
Winzone Realty Inc
Sold Price
$1,500,000
Current Estimated Value
$1,633,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,618

Purchase Details

Closed on
Aug 24, 2015
Sold by
Choy Chun Hei and Choy Chung Ping
Bought by
Amy Rose As Trustee and Chung Ping Choy

Purchase Details

Closed on
Dec 18, 1995
Sold by
Stuchiner Marjorie F
Bought by
Choy Chung Ping and Choy Chun Hei

Purchase Details

Closed on
Aug 21, 1995
Sold by
Stuchiner Marjorie F
Bought by
Stuchiner Marjorie F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kliu Group Llc $1,500,000 --
Kliu Group Llc $1,500,000 --
Amy Rose As Trustee -- --
Amy Rose As Trustee -- --
Choy Chung Ping $307,500 Chicago Title Insurance Co
Choy Chung Ping $307,500 Chicago Title Insurance Co
Stuchiner Marjorie F -- Chicago Title Insurance Co
Stuchiner Marjorie F -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $1,500,000 -- $368 / Sq Ft
04/07/2021 04/07/21 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 $17,817 $208,800 $36,000 $172,800
2024 $17,817 $176,850 $36,000 $140,850
2023 $17,812 $181,350 $36,000 $145,350
2022 $17,743 $173,250 $36,000 $137,250
2021 $14,293 $133,650 $36,000 $97,650
2020 $10,716 $172,350 $17,550 $154,800
2019 $17,676 $172,350 $17,550 $154,800
2016 $15,618 $174,600 $17,550 $157,050
2015 $9,347 $161,550 $17,550 $144,000
2014 $9,347 $144,900 $17,550 $127,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449878

Brooklyn Board of REALTORS®

APN: 05533-0002