NOT LISTED FOR SALE

693 Coney Island Ave Brooklyn, NY 11218

Ditmas Park Neighborhood

Estimated Value: $1,419,352

-- Bed
-- Bath
4,320 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,500,000 $347 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,366/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • Ditmas Junior High school Rated A-

About This Home

As of January 2022

Mixed used property, First time on the mkt, prime Ditmas Park area. Apartment needs TLC. R6a Zoning . Very Busy Area near Cortelyou with all fine Restaurants , short walk to Prospect Park, Q , B and F subways, Express Buses to NYC. This is the one of the unique area in Brooklyn. Too much to mention. Best.

Last Agent to Sell the Property

Neimat Ullah

US National Real Estate Inc Listed on: 06/05/2021

Last Buyer's Agent

Neimat Ullah

US National Real Estate Inc Listed on: 06/05/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,000

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 115 x 20
  • Irregular Lot
  • Back Yard
  • Property is zoned R6a

Parking

  • Off-Site Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5141

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $2,000
  • Utility Expense $600
  • Gross Income $126,000

Property Details

Property Type

Other

Est. Annual Taxes

$7,000

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1080
  • Building Length: 54.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cortelyou Road
  • Cross Street Name2: Ave c
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Off Site
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 12
  • Fill Sq Ft Total: 4320
  • Building Stories: 3
  • Street Name I D X: Coney Island
  • Street Number I D X: 693
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2300

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block, Slab Concrete
  • Lot Number: 139
  • Roof: Flat

Utilities

  • Electric: 110 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 115
  • Lot Size Width: 20
  • Zoning: R6a

Rental Info

  • Rent Income: 102000

Multi Family

  • Annual Gross Expense: 16400.00
  • Annual Gross Income: 126000
  • Insurance Expense: 2000.00
  • Miscellaneous Expense: 600.00
  • Unit Count: 3
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 7000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Dec 14, 2021
Sold by
Aiks Realty Corp
Bought by
693 Cia Limited Liability Company
Seller's Agent
Neimat Ullah
US National Real Estate Inc
Buyer's Agent
Neimat Ullah
US National Real Estate Inc
Sold Price
$1,500,000
Current Estimated Value
$1,419,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,648
Avg. Annual Appreciation
-1.53%
Original Mortgage
$780,000
Outstanding Balance
$720,427
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$698,925

Purchase Details

Closed on
Jan 1, 2012
Sold by
Saqib Javed I
Bought by
Aiks Realty Corp

Purchase Details

Closed on
Nov 22, 2010
Sold by
Saqib Shahida
Bought by
Saqib Javed I

Purchase Details

Closed on
Mar 18, 2010
Sold by
Aiks Realty Corp
Bought by
Saqib Shahida

Purchase Details

Closed on
Jan 28, 2000
Sold by
Heom Shoo Gee
Bought by
Aiks Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
693 Cia Limited Liability Company $1,300,000 --
Aiks Realty Corp -- --
Saqib Javed I $1,000 --
Saqib Shahida -- --
Aiks Realty Corp $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 693 Cia Limited Liability Company $70,000
Open 693 Cia Limited Liability Company $780,000
Previous Owner Aiks Realty Corp $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,500,000 -- $347 / Sq Ft
06/05/2021 06/05/21 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 $7,762 $134,880 $13,860 $121,020
2024 $7,762 $108,660 $13,860 $94,800
2023 $7,405 $124,560 $13,860 $110,700
2022 $7,192 $97,800 $13,860 $83,940
2021 $7,378 $87,240 $13,860 $73,380
2020 $3,461 $67,080 $13,860 $53,220
2019 $6,737 $58,320 $13,860 $44,460
2018 $6,194 $30,384 $8,665 $21,719
2017 $6,120 $30,024 $9,186 $20,838
2016 $5,840 $29,214 $9,270 $19,944
2015 $3,416 $27,561 $10,489 $17,072
2014 $3,416 $26,839 $12,252 $14,587
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Neimat Ullah

    US National Real Estate Inc

    (347) 234-1386

    1 in this area

    6 Total Sales

    Neimat Ullah
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451809

Brooklyn Board of REALTORS®

APN: 05141-0139

New York Kings County Brooklyn 11218 Ditmas Park

693 Coney Island Ave, Brooklyn, NY

This home is located at 693 Coney Island Ave, Brooklyn, NY 11218 since 05 June 2021 and is currently estimated at $1,419,352, approximately $328 per square foot. 693 Coney Island Ave is a home located in Kings County with nearby schools including P.S. 139 Alexine a Fenty, Ditmas Junior High school, and Mesivta Torah Vodaath.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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