NOT LISTED FOR SALE

6916 18 Ave Brooklyn, NY 11204

Bensonhurst Neighborhood

Estimated Value: $2,186,443

-- Bed
-- Bath
3,000 Sq Ft
$729/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $1,800,000 $600 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,736/month

Highlights

  • Wood Flooring
  • P.S. 205 The Clarion School Rated A-
  • Heating System Uses Steam

About This Home

As of September 2019

Excellent opportunity for investment in prime Bensonhurst. Solid mixed use building, one family and one store situates right on 18th avenue. Rare find 2,000 sqft. store in the area. The store pays $6,500 monthly still has 4 years lease remained, $150 yearly increased. Second floor is a 1,000 sqft. residential unit which is $2,350 monthly, features 2 full baths. The tenant at the store pays about $5,221 for property tax and the tenant has their own water heater. The sellers pay about $9,380 of property tax. It would be the property in Bensonhurst that your clients will be considered for.

Last Agent to Sell the Property

Rui (Nancy) Wu

Listed on: 12/01/2018

Co-Listed By

Jian (Carey) Yang

Last Buyer's Agent

Tak Biu Wong

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,601

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Property is zoned R5

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gross Income $106,200
  • Net Operating Income $94,240

Listing and Financial Details

  • Tax Block 6160

Property Details

Property Type

Other

Est. Annual Taxes

$14,601

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2000
  • Building Length: 100.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay Ridge Ave.
  • Cross Street Name2: 70th St.
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3000
  • Street Name I D X: 18
  • Street Number I D X: 6916
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000
  • Walls: Plaster

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 46
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Annual Gross Income: 106200
  • Property Net Operating Income: 94240.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 14601.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Sep 20, 2019
Sold by
K & L Realty Ny Llc
Bought by
K & Q Realty Llc
Seller's Agent
Rui (Nancy) Wu
Buyer's Agent
Tak Biu Wong
Sold Price
$1,800,000
Total Days on Market
0
Current Estimated Value
$2,186,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,443
Avg. Annual Appreciation
1.51%
Original Mortgage
$875,000
Outstanding Balance
$771,438
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,195,344

Purchase Details

Closed on
Dec 31, 2012
Sold by
Eda Realty Inc
Bought by
K & L Realty N Y Llc

Purchase Details

Closed on
Apr 26, 2000
Sold by
Accardo Anthony
Bought by
Eda Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
K & Q Realty Llc $1,750,000 --
K & L Realty N Y Llc $1,310,000 --
Eda Realty Inc $300,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & Q Realty Llc $875,000
Previous Owner Eda Realty Inc $525,000
Previous Owner Eda Realty Inc $450,000
Previous Owner Eda Realty Inc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $1,800,000 -- $600 / Sq Ft
12/01/2018 12/01/18 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 $21,878 $207,900 $39,600 $168,300
2024 $21,878 $206,550 $39,600 $166,950
2023 $23,787 $243,900 $39,600 $204,300
2022 $23,230 $239,850 $39,600 $200,250
2021 $22,510 $211,950 $39,600 $172,350
2020 $8,418 $164,250 $39,600 $124,650
2019 $15,500 $161,550 $39,600 $121,950
2018 $14,601 $158,400 $39,600 $118,800
2017 $13,522 $164,700 $39,600 $125,100
2016 $12,257 $126,900 $39,600 $87,300
2015 $7,709 $125,550 $39,600 $85,950
2014 $7,709 $118,800 $39,600 $79,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rui (Nancy) Wu

  • J

    Seller Co-Listing Agent in 2019

    Jian (Carey) Yang

  • T

    Buyer's Agent in 2019

    Tak Biu Wong

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425540

Brooklyn Board of REALTORS®

APN: 06160-0046

New York Kings County Brooklyn 11204 Bensonhurst

6916 18 Ave, Brooklyn, NY

This home is located at 6916 18 Ave, Brooklyn, NY 11204 since 01 December 2018 and is currently estimated at $2,186,443, approximately $728 per square foot. This property was built in 1931. 6916 18 Ave is a home located in Kings County with nearby schools including P.S. 205 The Clarion School, Junior High School 227 Edward B Shallow, and New Utrecht High School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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