NOT LISTED FOR SALE

64 Nelson St Brooklyn, NY 11231

Red Hook Neighborhood

Estimated Value: $1,198,000 - $3,361,000

-- Bed
-- Bath
2,250 Sq Ft
$879/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $1,250,000 $556 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,635/month

78 Days on Market

About This Home

As of May 2017

RENOVATED 3 FAMILY HOME WITH 3 LARGE RENTAL UNITS VIEWS OF MANHATTAN GREAT FOR INVESTOR OWNER WANTS TO HEAR ALL OFFERS.

Last Agent to Sell the Property

Gregory Diaz

SI Premiere Properties License #10311201987 Listed on: 03/09/2017

Last Buyer's Agent

Gregory Diaz

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1899

Lot Details

  • 1,652 Sq Ft Lot
  • Lot Dimensions are 22.5' x 45'

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $66,000

Listing and Financial Details

  • Legal Lot and Block 0017 / 00526
  • Assessor Parcel Number 00526-0017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,558

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Lot Size: 22.5' X 45'
  • Directions: HICKS STREET
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1899
  • General Property Info:Public Remarks3: RENOVATED 3 FAMILY HOME WITH 3 LARGE RENTAL UNITS VIEWS OF MANHATTAN GREAT FOR INVESTOR OWNER WANTS TO HEAR ALL OFFERS.
  • ContractLocation Information:List PriceSqFt2: 600.0
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 66000.0
  • Annual Expenses: 16000.0
  • Income Expenses Net Income: 50000.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 3
  • Year Built: 1899

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: None
  • General Property Info Basement Desc: None

Exterior Features

  • Construction Type: Brick, Stucco
  • Siding:Brick: Yes
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking:Off Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 1652.0
  • Lot Size Units: Square Feet
  • Parcel #: 00526-0017
  • Zoning: M1-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 1652.0
  • General Property Info:Lot Dim: 23' X 71.83'

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 66000.0
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 2558.0
  • Tax Block: 00526
  • Tax Lot: 0017
  • General Property Info:Taxes2: 2558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 13, 2017
Sold by
Saad Mohamad Muhammad
Bought by
Zahrieh Ali
Seller's Agent
Gregory Diaz
SI Premiere Properties
Buyer's Agent
Gregory Diaz
SI Premiere Properties
List Price
$2,000,000
Sold Price
$1,250,000
Premium/Discount to List
-$750,000
-37.5%
Current Estimated Value
$1,978,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,741
Avg. Annual Appreciation
5.48%
Original Mortgage
$966,614
Outstanding Balance
$803,093
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,175,648

Purchase Details

Closed on
Aug 7, 2014
Sold by
Saad Mohammed M
Bought by
Saad Mohamad Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,012
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2001
Sold by
Saad Mohammed
Bought by
Saad Mohammed M

Purchase Details

Closed on
Mar 18, 1987
Sold by
Torres Farina C and Torres Victor R
Bought by
Saad Mohammed
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zahrieh Ali $999,990 --
Saad Mohamad Muhammad -- --
Saad Mohammed M -- --
Saad Mohammed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahrieh Ali $966,614
Previous Owner Saad Mohamad Muhammad $152,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $1,250,000 -37.5% $556 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $2,000,000 -- $889 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $3,570 $99,600 $17,280 $82,320
2024 $3,570 $117,180 $17,280 $99,900
2023 $3,610 $130,260 $17,280 $112,980
2022 $3,521 $115,500 $17,280 $98,220
2021 $3,502 $125,520 $17,280 $108,240
2020 $1,642 $152,220 $17,280 $134,940
2019 $3,098 $125,040 $17,280 $107,760
2018 $3,019 $14,811 $1,718 $13,093
2017 $2,996 $14,698 $2,689 $12,009
2016 $2,772 $13,867 $3,425 $10,442
2015 $1,672 $13,083 $4,845 $8,238
2014 $1,672 $12,343 $4,571 $7,772
Source: Public Records

Agents Affiliated with this Home

  • Gregory Diaz

    Seller's Agent in 2017

    Gregory Diaz

    SI Premiere Properties

    (718) 667-6400

    105 Total Sales

    Gregory Diaz
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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1104906

Staten Island Multiple Listing Service

APN: 00526-0017

New York Kings County Brooklyn 11231 Red Hook

64 Nelson St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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