$1,580,000

Estimated payment $9,271/month

Total Views 3,605
-- Bed
-- Bath
2,160 Sq Ft
$731 Price per Sq Ft

Highlights

  • Tile Flooring
  • Heating System Uses Steam
  • 3-minute walk to McKinley Park
  • Junior High School 259 William McKinley Rated A
  • Back Yard

About This Home

Great Investment opportunity located in 8th Avenue Mixed Use 1 Store 2 Family 20X54, Lot 20X60. First Floor features Storefront and 1FL Rear is a 2 Bedroom Apartment, and 2nd Floor is a 4 Bedroom Apartment. Conveniently close to the N Train, Main Commercial District, Supermarkets and Parks. This Property offers many potential and can be versetile for owner use, investment property or both

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 12/10/2024

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,941

Year Built

  • Built in 1930

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 60 x 20
  • Back Yard
  • Property is zoned R5B

Home Design

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

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 5901

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,500
  • Insurance Expense $4,500
  • Utility Expense $800
  • Gross Income $90,000

Property Details

Property Type

Other

Est. Annual Taxes

$7,941

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1080
  • Building Length: 54.00
  • 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: 71st St
  • Cross Street Name2: 72nd St
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2160
  • Building Stories: 2
  • Street Name I D X: 8th
  • Street Number I D X: 7109
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Other
  • Lot Sq Ft: 1200

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 6
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 1500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 60
  • Lot Size Width: 20
  • Zoning: R5B

Multi Family

  • Annual Gross Expense: 16741.00
  • Annual Gross Income: 90000
  • Insurance Expense: 4500.00
  • Unit Count: 3
  • Annual Utility Expenses: 800.00

Tax Info

  • Flip Tax Amount: 7941.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,941 $71,160 $14,340 $56,820
2024 $7,941 $72,120 $14,340 $57,780
2023 $7,575 $71,760 $14,340 $57,420
2022 $7,025 $60,060 $14,340 $45,720
2021 $6,987 $56,520 $14,340 $42,180
2020 $3,473 $57,300 $14,340 $42,960
2019 $6,893 $57,300 $14,340 $42,960
2018 $6,336 $31,084 $7,627 $23,457
2017 $5,978 $29,326 $7,719 $21,607
2016 $5,531 $27,667 $8,735 $18,932
2015 $3,337 $27,667 $10,479 $17,188
2014 $3,337 $27,458 $12,476 $14,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 For Sale $1,580,000 -- $731 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $750,000 --
Deed $550,000 --
Quit Claim Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Commercial
Previous Owner $57,728 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 487944

Brooklyn Board of REALTORS®

APN: 05901-0006