NOT LISTED FOR SALE

Estimated Value: $1,607,444

-- Bed
-- Bath
2,680 Sq Ft
$600/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $1,430,000 $534 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,199/month

Highlights

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

About This Home

As of November 2023

EXTRA-LARGE(20x67 BUILDING SIZE) 2 FAMILY + STORE(1300+ SQFT STOREFRONT) + FULL FINISHED BASEMENT, SOLID BRICK MIXED-USE BUILDING IN EXCELLENT CONDITION; ON A BUSY 11th AVE DESIRABLE DYKER HEIGHTS COMMERCIAL CORRIDOR(CONVENIENT TO ALL TRANSPORTATION & ESSENTIAL AMENITIES)... IDEAL FOR INVESTORS OR EXCEPTIONAL FOR END-USERS WITH ANY TYPE OF BUSINESS VENTURE... TWO (2) BEDROOM APARTMENTS ON THE 2nd FLOOR(IN WELL-MAINTAINED MOVE-IN-CONDITION) OVER EXTRA-SPACIOUS 1300+ SQFT HIGHLY VISIBLE STOREFRONT(EXCELLENT FOR ANY TYPE OF BUSINESS) OVER FULL FINISHED 1300+ SQFT BASEMENT WITH FRONT & REAR ENTRANCES + BACKYARD... BUILDING FEATURES NEWER KITCHENS WITH STAINLESS STEEL APPLIANCES, RENOVATED BATHROOMS, AND SPLIT AIR CONDITIONING UNITS- TRULY A MUST SEE TO APPRECIATE PROPERTY... PRICED RIGHT FOR TODAY'S MARKET- DON'T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST DESIRABLE NEIGHBORHOODS...

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 07/28/2023

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

Last Buyer's Agent

Li Juan Li

Re/Max Real Estate Professiona

Re/Max Real Estate Professiona

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1931

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 85 x 20
  • Back Yard
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5773

Property Details

Property Type

Other

Est. Annual Taxes

$8,508

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 67.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other, None
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 68th St
  • Cross Street Name2: Bay Ridge Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2680
  • Building Stories: 2
  • Street Name I D X: 11th
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1700

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 4
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 85
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 8508.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 30, 2023
Sold by
6809 11Th Avenue Llc
Bought by
6809 11Th Ave Mgmt Inc
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Li Juan Li
Re/Max Real Estate Professiona
List Price
$1,575,000
Sold Price
$1,430,000
Premium/Discount to List
-$145,000
-9.21%
Views
50
Current Estimated Value
$1,607,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,444
Avg. Annual Appreciation
5.73%
Original Mortgage
$700,000
Outstanding Balance
$687,885
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$919,559

Purchase Details

Closed on
Nov 16, 2007
Sold by
Ferranti-Gambuzza Antonina Verini and Verini- Ferranti Epifania
Bought by
6809 11Th Avenue Llc

Purchase Details

Closed on
Mar 29, 2004
Sold by
Ferranti Vincenza and Ferranti Umberto V
Bought by
Ferranti Epifania and Ferranti-Gambuzza Antonina
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
6809 11Th Ave Mgmt Inc $1,430,000 --
6809 11Th Ave Mgmt Inc $1,430,000 --
6809 11Th Ave Mgmt Inc $1,430,000 --
6809 11Th Avenue Llc -- --
6809 11Th Avenue Llc -- --
Ferranti Epifania -- --
Ferranti Epifania -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6809 11Th Ave Mgmt Inc $700,000
Closed 6809 11Th Ave Mgmt Inc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $1,430,000 -6.2% $534 / Sq Ft
08/04/2023 08/04/23 Price Changed $1,525,000 -3.2% $569 / Sq Ft
07/28/2023 07/28/23 For Sale $1,575,000 -- $588 / Sq Ft
07/28/2023 07/28/23 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 $9,618 $79,920 $18,240 $61,680
2024 $9,618 $77,400 $18,240 $59,160
2023 $9,174 $81,060 $18,240 $62,820
2022 $8,508 $81,720 $18,240 $63,480
2021 $8,462 $76,800 $18,240 $58,560
2020 $4,207 $81,660 $18,240 $63,420
2019 $8,347 $76,380 $18,240 $58,140
2018 $7,674 $37,645 $10,786 $26,859
2017 $7,240 $35,515 $10,906 $24,609
2016 $6,699 $33,508 $11,708 $21,800
2015 $3,821 $33,508 $12,960 $20,548
2014 $3,821 $33,253 $15,133 $18,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 475833

Brooklyn Board of REALTORS®

APN: 05773-0004