NOT LISTED FOR SALE

Estimated Value: $2,389,336

-- Bed
-- Bath
4,010 Sq Ft
$596/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $2,100,000 $524 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,666/month

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Private Driveway
  • P.S. 176 Ovington Rated A
  • Heating System Uses Steam

About This Home

As of December 2020

Corner mixed-use brick building in a high foot traffic location. Surrounded by supermarkets, banks, popular restaurants, stores and transportation. The building consist of TWO stores and THREE apartments with NINE rooms and FIVE bedrooms. Apartments and store front are in good condition. This building has a TWO car garage! Great building for a user or investor.

Last Agent to Sell the Property

Mark Maguire

Listed on: 07/17/2020

Co-Listed By

Robert Maguire

Last Buyer's Agent

Jian Lian Zheng

Winzone Realty Inc

Winzone Realty Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,000

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 100 x 20
  • Property is zoned R6B

Home Design

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

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 3 Car Attached Garage
  • Private Driveway

Utilities

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

Community Details

  • 3 Units

Property Details

Property Type

Other

Est. Annual Taxes

$27,000

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Borough: Brooklyn
  • Co List Office Mls Id: 116050
  • Co List Office Phone: (718) 836-4330
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 71 Sreet
  • Cross Street Name2: 13 Avenue
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Building Stories: 3
  • Street Name I D X: 13
  • Street Number I D X: 7101
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpeting, Hardwood, Tile

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 27000.00

Multi Family

  • Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Dec 30, 2020
Sold by
1308 71St Street Llc
Bought by
Ginger Management Inc
Seller's Agent
Mark Maguire
Buyer's Agent
Jian Lian Zheng
Winzone Realty Inc
Sold Price
$2,100,000
Total Days on Market
0
Current Estimated Value
$2,389,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,336
Avg. Annual Appreciation
2.93%
Original Mortgage
$1,100,000
Outstanding Balance
$1,005,608
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,380,571

Purchase Details

Closed on
Oct 30, 2014
Sold by
Lombardi Robert J
Bought by
1308 71St Street Llc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Lombardi Salvina M
Bought by
Lombardi Steven T and Lombardi Robert J
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
Ginger Management Inc $2,110,000 --
1308 71St Street Llc -- --
Lombardi Steven T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginger Management Inc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $2,100,000 -- $524 / Sq Ft
07/17/2020 07/17/20 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
2024 $35,829 $341,100 $116,100 $225,000
2023 $32,551 $381,150 $116,100 $265,050
2022 $29,989 $476,550 $116,100 $360,450
2021 $27,907 $381,150 $116,100 $265,050
2020 $13,719 $375,300 $116,100 $259,200
2019 $27,803 $375,300 $116,100 $259,200
2018 $25,962 $204,120 $75,774 $128,346
2017 $24,039 $189,000 $74,903 $114,097
2016 $25,903 $200,923 $86,686 $114,237
2015 $17,732 $186,040 $96,382 $89,658
2014 $17,732 $172,260 $100,778 $71,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440585

Brooklyn Board of REALTORS®

APN: 06178-0010