Seller's Agent in 2022
Jean Paul Ho
BRP Associates Inc
(347) 581-9506
2 in this area
133 Total Sales
6702 20th Ave Brooklyn, NY 11204
Bensonhurst NeighborhoodEstimated Value: $2,363,558
Studio
--
Bath
--
Sq Ft
3,500
Sq Ft Lot
Highlights
- 3,500 Sq Ft lot
- 3-minute walk to 20 Avenue (N Line)
- Fenced Yard
- P.S. 205 The Clarion School Rated A-
- Wood Flooring
- 4 Car Attached Garage
About This Home
As of December 2022=====OPEN HOUSE BY APPOINEMNT ONLY=====
Prime Corner HIGH Visibility 67 Street & 20 Avenue Retail strip across post office! Well maintained legal 2 Store & newly renovated 3 family Market residential (3 bedrooms each back apt. 2 with 1 1/2 bath are currently vacant & newly renovated! Back 1st floor 3rd bed. has private backyard & back 2nd floor has huge private balconyl) with 4 car garage (can be each rented for $ 1,000 a month or converted to retail or storage) & 3 separate full basement! New modern Eat in kitchen + bathrooms, exterior & much more! Full basement easily can be finished! Address also known as 6700-6702-6704 20th Ave/1974-1984 67th St GARAGE! 35 ft wide & 55 ft building on 35 x 100 lot zoning R5, C1-2 additional 525 unused FAR space can be built on top of garage or back! Private enclosed backyard! Currently Total Gross income $147,480.00 per year Expense $ 24,000.00 (Currently 5% plus) with owner use all 4 garages- Projected Gross income $ 169,200 yearly + $ 4,800 yr parking= $ 174,000.00 Gross income- 6% cap projected rate! Near subway N train 20 Avenue, shopping, restaurant & much more! New sidewalk soon!
Property Details
Property Type
- Other
Est. Annual Taxes
- $10,500
Year Built
- Built in 1931
Lot Details
- 3,500 Sq Ft Lot
- Lot Dimensions are 100 x 35
- Fenced Yard
- Back Yard
- Property is zoned R5, C1-2
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 2-Story Property
- Finished Basement
- Walk-Out Basement
Flooring
- Wood
- Tile
Parking
- 4 Car Attached Garage
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Block 5570
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $3,200
- Insurance Expense $5,000
- Utility Expense $600
- Gross Income $147,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2022
Closed on
Dec 20, 2022
Sold by
Ead Realty Llc
Bought by
Luong Cindy and Ngo Chi Hung
Seller's Agent
Jean Paul Ho
BRP Associates Inc
Buyer's Agent
Siu Shum
Brooklyn Real Property Inc.
Sold Price
$2,050,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,558
Avg. Annual Appreciation
6.02%
Purchase Details
Closed on
Nov 21, 2019
Sold by
Albanese Frank and Velez Maria
Bought by
Ead Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2012
Sold by
Albanese Frank and Velez Maria
Bought by
Latiano Llc
Purchase Details
Closed on
Jan 24, 2012
Sold by
Albanese Annamaria and Albanese Helen
Bought by
Albanese Frank and Albanese Maria Rita
Purchase Details
Closed on
Nov 17, 2004
Sold by
Albanese Anna Maria and Albanese Frank
Bought by
1982 67Th Street Realty Llc
Purchase Details
Closed on
Nov 7, 2001
Sold by
Albanese Angela
Bought by
Albanese Frank and Albanese Annamaria
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luong Cindy | $2,050,000 | -- | |
| Luong Cindy | $2,050,000 | -- | |
| Luong Cindy | $2,050,000 | -- | |
| Ead Realty Llc | -- | -- | |
| Ead Realty Llc | -- | -- | |
| Ead Realty Llc | $755,000 | -- | |
| Albanese Frank | -- | -- | |
| Albanese Velez Maria | -- | -- | |
| Latiano Llc | -- | -- | |
| Ead Realty Llc | -- | -- | |
| Ead Realty Llc | $755,000 | -- | |
| Albanese Frank | -- | -- | |
| Albanese Velez Maria | -- | -- | |
| Latiano Llc | -- | -- | |
| Latiano Llc | -- | -- | |
| Latiano Llc | -- | -- | |
| Albanese Frank | $260,000 | -- | |
| Albanese Frank | $260,000 | -- | |
| 1982 67Th Street Realty Llc | -- | -- | |
| 1982 67Th Street Realty Llc | -- | -- | |
| Albanese Frank | -- | -- | |
| Albanese Frank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ead Realty Llc | $1,225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $2,050,000 | -- | -- |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $12,669 | $482,850 | $106,650 | $376,200 |
| 2024 | $12,669 | $402,300 | $106,650 | $295,650 |
| 2023 | $11,510 | $373,500 | $106,650 | $266,850 |
| 2022 | $11,480 | $378,000 | $106,650 | $271,350 |
| 2021 | $11,152 | $365,850 | $106,650 | $259,200 |
| 2020 | $7,702 | $401,850 | $106,650 | $295,200 |
| 2019 | $9,831 | $341,100 | $106,650 | $234,450 |
| 2018 | $9,180 | $72,176 | $27,066 | $45,110 |
| 2017 | $9,180 | $72,176 | $30,275 | $41,901 |
| 2016 | $9,016 | $69,934 | $32,372 | $37,562 |
| 2015 | $5,594 | $64,756 | $29,685 | $35,071 |
| 2014 | $5,594 | $59,961 | $32,971 | $26,990 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Paul Ho
-
Siu Shum
S
Seller Co-Listing Agent in 2022
Siu Shum
Brooklyn Real Property Inc.
(347) 526-5131
1 in this area
28 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 460734
APN: 05570-0039
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