NOT LISTED FOR SALE
-- Bed
-- Bath
5,520 Sq Ft
1,600 Sq Ft Lot

Last Sold October 12, 2018

Last sale price $2,000,000 $362 Per Sq Ft

Highlights

  • Tile Flooring
  • Hot Water Heating System
  • Back Yard
  • P.S. 176 Ovington Rated A

About This Home

As of October 2018

Boro Park 7 family & 1 store, all apartments are updated. Fresh painted hallway, new gas boiler. Finished basement. Annual income is $150,000, expense is $40,000. Net income $110,000. GAP return over 5%. Store tenant pays 1/3 tax and 1/3 water. Great for investor.

Last Agent to Sell the Property

Jackie metro

RE/MAX Real Estate Professionals Listed on: 01/22/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Jackie metro

RE/MAX Real Estate Professionals Listed on: 01/22/2018

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,288

Year Built

  • Built in 1968

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned R5B

Home Design

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

Interior Spaces

  • 5,520 Sq Ft Home
  • 4-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Parquet
  • Tile

Utilities

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

Listing and Financial Details

  • Tax Block 5768

Community Details

Overview

  • 7 Units

Building Details

  • Fuel Expense $7,330
  • Insurance Expense $5,844
  • Utility Expense $1,144

Property Details

Property Type

Other

Est. Annual Taxes

$15,288

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 69.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 67th St
  • Cross Street Name2: 68th St
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 7
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5520
  • Building Stories: 4
  • Street Name I D X: 14
  • Year Built: 1968
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Parquet, Tile
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 50
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 7330.24

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R5B

Multi Family

  • Insurance Expense: 5844.48
  • Unit Count: 8
  • Annual Utility Expenses: 1144.42

Tax Info

  • Flip Tax Amount: 15288.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $2,000,000 -- $362 / Sq Ft
01/22/2018 01/22/18 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 $22,475 $338,400 $9,450 $328,950
2024 $22,475 $281,880 $9,450 $272,430
2023 $20,420 $352,350 $9,450 $342,900
2022 $18,388 $346,050 $9,450 $336,600
2021 $17,336 $407,250 $9,450 $397,800
2020 $8,373 $446,850 $9,450 $437,400
2019 $17,440 $450,450 $9,450 $441,000
2018 $16,287 $128,051 $2,813 $125,238
2017 $15,083 $118,588 $2,779 $115,809
2016 $14,156 $109,807 $2,762 $107,045
2015 $9,190 $109,788 $3,312 $106,476
2014 $9,190 $106,372 $3,680 $102,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417264

Brooklyn Board of REALTORS®

APN: 05768-0050