NOT LISTED FOR SALE

Estimated Value: $1,745,572

Studio
-- Bath
3,600 Sq Ft
$485/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,650,000 $458 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,184/month

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Private Driveway
  • Junior High School 259 William McKinley Rated A

About This Home

As of December 2021

First time on the market for over 40 years. Perfect opportunity to own this Brick corner mixed-use Property in The border of Sunset Park and Bay Ridge, building 20x80, on a 20.6x102 lot. 1st floor has 2 stores, laundromats and another office in the back. 2 family on the 2nd floor in great move-in condition, front 2 bedroom and rear 2 bedroom are currently occupied. Semi-finished basement. Attached garage that can park 2 cars. Seller is ready to hear all reasonable offers. Won’t last!

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 03/15/2019

RE/MAX Edge

Last Buyer's Agent

Hao Ling Chen

Ashford Homes LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,180

Year Built

  • Built in 1928

Lot Details

  • 2,098 Sq Ft Lot
  • Lot Dimensions are 102 x 21

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5875

Property Details

Property Type

Other

Est. Annual Taxes

$9,180

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay Ridge Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3600
  • Building Stories: 2
  • Street Name I D X: 6
  • Waterfront Present: No
  • Year Built: 1928
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2098

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 13
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Dimensions: 2098
  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 21

Tax Info

  • Flip Tax Amount: 9180.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Dec 28, 2021
Sold by
Makryllos Angeliki and Makryllos Elefterios
Bought by
Lin Huaxiao and Lin Yan
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Hao Ling Chen
Ashford Homes LLC
Sold Price
$1,650,000
Current Estimated Value
$1,745,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,572
Avg. Annual Appreciation
1.41%
Original Mortgage
$850,000
Outstanding Balance
$782,764
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$962,808
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lin Huaxiao $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Huaxiao $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $1,650,000 -- $458 / Sq Ft
03/15/2019 03/15/19 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 $12,669 $401,400 $9,450 $391,950
2024 $12,669 $376,650 $9,450 $367,200
2023 $11,510 $344,250 $9,450 $334,800
2022 $11,480 $430,200 $9,450 $420,750
2021 $11,152 $404,550 $9,450 $395,100
2019 $9,831 $421,200 $9,450 $411,750
2018 $9,180 $72,176 $1,943 $70,233
2017 $9,180 $72,176 $2,232 $69,944
2016 $9,016 $69,934 $2,295 $67,639
2015 $5,594 $64,756 $2,270 $62,486
2014 $5,594 $59,961 $2,323 $57,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428056

Brooklyn Board of REALTORS®

APN: 05875-0013