NOT LISTED FOR SALE

Estimated Value: $1,644,000 - $1,874,000

-- Bed
4 Baths
4,080 Sq Ft
$441/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $1,600,000 $392 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,121/month

Highlights

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

About This Home

As of February 2021

Massive legal three family brick building is located in prime Bensonhurst and offers an owner or an investor endless possibilities. Sitting on a 27x100 lot and on a foot print of 20x68 this building is truly huge. Comprised of a three-bedroom owners apartment that could easily be converted to four bedrooms as well as two generously sized top floor true two bedroom apartments. Each apartment has been recently updated, they are in very nice shape and show very well. You could live and earn and offset your mortgage costs with two of the rentals, you could buy and hold and bring in a very nice rent roll. There is also a full basement with a separate entrance and a full bath, the basement runs the length and width of the building. Enjoy a garage and a shared driveway. All in all this building boasts over 4,000 square feet it has an FAR of 1.25 and there is some roof to add square footage is you so choose. This building is in excellent condition and ready for its new owners. Only blocks to the N train on 18th Avenue, near all shopping and convenience.

Last Agent to Sell the Property

Louis Belisario

Revived Residential Listed on: 08/11/2020

Last Buyer's Agent

Chao Wang

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,972

Year Built

  • 1930

Lot Details

  • Lot Dimensions are 100 x 27
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Stove
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 6173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,972

Year Built

1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1360
  • Building Length: 68.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 70th Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Street Name I D X: 19
  • Street Number I D X: 7007
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Basement Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Flooring: Hardwood

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 9
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 10972.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Feb 18, 2021
Sold by
Marichard1 Llc
Bought by
Ren Ronggui and Wen Dandan
Seller's Agent
Louis Belisario
Revived Residential
Buyer's Agent
Chao Wang
Momentum Real Estate LLC
Sold Price
$1,600,000
Total Days on Market
0
Current Estimated Value
$1,799,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,701
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,040,000
Outstanding Balance
$946,998
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$892,840

Purchase Details

Closed on
Jul 28, 2020
Sold by
Richardone Michael A
Bought by
Marichard1 Llc

Purchase Details

Closed on
Jun 21, 2020
Sold by
Michael A Richardone Trustee and Rose Richardone Family Living Trust
Bought by
Richardone Michael A

Purchase Details

Closed on
May 24, 2005
Sold by
Richardone Rose Mrs
Bought by
Rose Richardone Family Living Trust

Purchase Details

Closed on
Sep 14, 1995
Sold by
Richardone Carmen
Bought by
Richardone Rose
Source: Public Records

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Range of Values:

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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
Ren Ronggui $1,600,000 --
Ren Ronggui $1,600,000 --
Marichard1 Llc -- --
Marichard1 Llc -- --
Richardone Michael A -- --
Richardone Michael A -- --
Rose Richardone Family Living Trust -- --
Rose Richardone Family Living Trust -- --
Richardone Rose -- --
Richardone Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Ronggui $1,040,000
Closed Ren Ronggui $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,600,000 0.0% $392 / Sq Ft
02/18/2021 02/18/21 Sold $1,600,000 0.0% $392 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
08/11/2020 08/11/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $1,600,000 -- $392 / Sq Ft
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
2024 $12,218 $99,120 $16,260 $82,860
2023 $11,656 $104,880 $16,260 $88,620
2022 $8,107 $89,160 $16,260 $72,900
2021 $11,269 $85,620 $16,260 $69,360
2020 $5,454 $89,100 $16,260 $72,840
2019 $10,311 $80,700 $16,260 $64,440
2018 $9,452 $47,826 $10,141 $37,685
2017 $8,898 $45,120 $8,318 $36,802
2016 $8,611 $44,622 $8,991 $35,631
2015 $4,914 $44,622 $13,485 $31,137
2014 $4,914 $42,244 $13,055 $29,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 441480

Brooklyn Board of REALTORS®

APN: 06173-0009