NOT LISTED FOR SALE

Estimated Value: $2,454,326

Studio
-- Bath
-- Sq Ft
3,500 Sq Ft Lot Lot

Sale Details

Date Sold: December 20, 2022

Last sale price $2,050,000

Est. 20% increase in value since last sale

Current estimated payment $14,435 / mo

Highlights

  • Wood Flooring
  • 3-minute walk to 20 Avenue (N Line)
  • 4 Car Attached Garage
  • P.S. 205 The Clarion School Rated A-
  • Fenced Yard
  • Heating System Uses Steam

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!

Last Agent to Sell the Property

Jean Paul Ho

BRP Associates Inc Listed on: 04/12/2022

Co-Listed By

Siu Shum

Brooklyn Real Property Inc.

Last Buyer's Agent

Siu Shum

Brooklyn Real Property Inc.

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

Property Details

Property Type

Other

Est. Annual Taxes

$10,500

Year Built

Built in 1931

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Separate Entrance, Other
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 35.00
  • Co List Office Mls Id: 117350
  • Co List Office Phone: (718) 875-8899
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Fence - Full, Storage Building, Other
  • Commercial Features Interior: Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 67th St
  • Cross Street Name2: 68th St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 4 Spaces, Built-In Garage, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Building Stories: 2
  • Street Name I D X: 20th
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 3500

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 39
  • Roof: Flat, Rubber

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 35
  • Zoning: R5, C1-2

Multi Family

  • Annual Gross Expense: 24000.00
  • Annual Gross Income: 147000
  • Insurance Expense: 5000.00
  • Miscellaneous Expense: 1000.00
  • Unit Count: 7
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 10500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
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
$2,454,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,326
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Nov 21, 2019
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jan 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,050,000 --
$2,050,000 --
$2,050,000 --
-- --
-- --
$755,000 --
-- --
-- --
-- --
-- --
$755,000 --
-- --
-- --
-- --
-- --
-- --
$260,000 --
$260,000 --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,680 $542,700 $106,650 $436,050
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

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460734

Brooklyn Board of REALTORS®

APN: 05570-0039

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