NOT LISTED FOR SALE

627 Church Ave Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,134,727

-- Bed
-- Bath
3,450 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $1,150,000 $333 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,943/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 5-minute walk to Kensington Dog Run
  • P.S. 130 - The Parkside School Rated A-

About This Home

As of February 2022

Excellent Investment Opportunity! This mix-used building which offers one store and one family is selling with the Laundromat business. The store was being legally extended to 87' in length in 2016. This Laundromat business has been around forever which produces great income with 16 washers and 7 stack dryers. Machines are only couple years old. The 2nd floor tenant pays for all utilities except for cold water. Both store and tenant's apartment were being renovated couple years ago. Store is owner occupied and tenant's apartment has no lease. Steps from Prospect Park, Windsor Terrace, public transportation and more! Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 07/13/2021

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 07/13/2021

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,551

Year Built

  • Built in 1931

Lot Details

  • 1,637 Sq Ft Lot
  • Lot Dimensions are 89 x 19
  • Property is zoned R5

Home Design

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

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 5329

Property Details

Property Type

Other

Est. Annual Taxes

$8,551

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1653
  • Building Length: 87.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ocean Pkwy
  • Cross Street Name2: East 7th St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3450
  • Building Stories: 2
  • Street Name I D X: Church
  • Street Number I D X: 627
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1637

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 42
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Equipment Included: 16 Washers, 7 stack dryers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 89
  • Lot Size Width: 19
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8551.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Feb 22, 2022
Sold by
Huang Li Fang and Huang Rong Fang
Bought by
Sunshine F Realty Llc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
Sold Price
$1,150,000
Current Estimated Value
$1,134,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,273
Avg. Annual Appreciation
-0.38%
Original Mortgage
$680,000
Outstanding Balance
$634,844
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,883

Purchase Details

Closed on
Jun 3, 2005
Sold by
Wong Mui
Bought by
Huang Li Fang and Huang Rong Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2004
Sold by
Cai Jin Hua and Cai Qi Ling
Bought by
Wong Mui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2002
Sold by
Tam Sau Fong
Bought by
Cai Jin Hua and Cai Qi Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1993
Sold by
Tam Danny Kwong Kwok and Tam Sau Fong
Bought by
Tam Sau Fong
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
Sunshine F Realty Llc $1,050,000 --
Huang Li Fang $410,000 --
Wong Mui $360,000 --
Cai Jin Hua -- --
Tam Sau Fong -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunshine F Realty Llc $680,000
Previous Owner Huang Li Fang $328,000
Previous Owner Wong Mui $200,000
Previous Owner Cai Jin Hua $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $1,150,000 -- $333 / Sq Ft
07/13/2021 07/13/21 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 $9,267 $81,120 $16,680 $64,440
2024 $9,267 $82,980 $16,680 $66,300
2023 $8,932 $73,320 $16,680 $56,640
2022 $8,676 $57,540 $16,680 $40,860
2021 $8,990 $54,780 $16,680 $38,100
2020 $4,226 $61,800 $16,680 $45,120
2019 $8,043 $61,800 $16,680 $45,120
2018 $7,471 $36,648 $11,874 $24,774
2017 $7,383 $36,216 $12,585 $23,631
2016 $7,117 $35,599 $14,837 $20,762
2015 $4,121 $33,667 $15,625 $18,042
2014 $4,121 $32,040 $16,680 $15,360
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2022

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    2 in this area

    179 Total Sales

    Jason Zhou
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453784

Brooklyn Board of REALTORS®

APN: 05329-0042

New York Kings County Brooklyn 11218 Kensington

627 Church Ave, Brooklyn, NY

This home is located at 627 Church Ave, Brooklyn, NY 11218 since 13 July 2021 and is currently estimated at $1,134,727, approximately $328 per square foot. This property was built in 1931. 627 Church Ave is a home located in Kings County with nearby schools including P.S. 130 - The Parkside School, Ditmas Junior High school, and Brooklyn Prospect High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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