NOT LISTED FOR SALE

7110 18th Ave Brooklyn, NY 11204

Bensonhurst Neighborhood

Estimated Value: $2,598,390

Studio
-- Bath
-- Sq Ft
2,000 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $2,200,000

Est. 18% increase in value since last sale

Current estimated payment $14,407/month

Highlights

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

About This Home

As of July 2022

Prime Bensonhurst 18th Ave & 71st Street. TWO buildings. Each buildings with 3 stories and a basement. Mixed-use 2 families 1 store. Totally 4 Families and two stories. The first floor and the basement size is 40 X100, 4000 sqft 1st Floor and 4000 sqft basement. The Lease will be almost End. The 2nd FL and 3rd FL totally have 4 apartments, Each apartment has 4 bedrooms and 2 bathrooms, and over 1200 soft. All apartments were renovated 3 years ago. Separate heating and hot water. Good condition for users and investors. The Property Tax only 7795 for each build.

Last Agent to Sell the Property

Qi Kang Mei

RE/MAX Edge License #10401207839 Listed on: 02/12/2022

RE/MAX Edge

Last Buyer's Agent

Jin Xiu Li Chen

Century 21 Realty First

Century 21 Realty First

Property Details

Property Type

  • Other

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

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

Utilities

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

Additional Features

  • Ceramic Tile Flooring
  • Basement Cellar

Community Details

  • 2 Units

Property Details

Property Type

Other

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar, Unfinished
  • Borough: Brooklyn
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Fire - Smoke Alarm
  • Confirmed By M L S Y N: Yes
  • Cross Street: 71st St
  • Cross Street Name2: 72nd St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: 18th
  • Special Features: None

Interior Features

  • Flooring: Ceramic
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

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

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Jul 20, 2022
Sold by
Tso John and Zhang Mei F
Bought by
Lok & V Inc
Seller's Agent
Qi Kang Mei
RE/MAX Edge
Buyer's Agent
Jin Xiu Li Chen
Century 21 Realty First
Sold Price
$2,200,000
Current Estimated Value
$2,598,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,390
Avg. Annual Appreciation
4.65%
Original Mortgage
$1,254,000
Outstanding Balance
$1,199,099
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,399,291

Purchase Details

Closed on
Sep 21, 2016
Sold by
Casabona Realty Llc
Bought by
Tso John and Zhang Mei F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lok & V Inc $2,200,000 --
Tso John $3,955,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lok & V Inc $1,254,000
Previous Owner Tso John $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $2,200,000 -- --
02/12/2022 02/12/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,876 $92,700 $25,440 $67,260
2024 $8,876 $95,580 $25,440 $70,140
2023 $8,727 $98,100 $25,440 $72,660
2022 $8,260 $81,720 $25,440 $56,280
2021 $8,215 $77,520 $25,440 $52,080
2019 $7,703 $92,760 $25,440 $67,320
2017 $7,028 $34,478 $12,172 $22,306
2016 $6,503 $32,529 $13,778 $18,751
2015 $3,923 $30,688 $14,457 $16,231
2014 $3,923 $30,688 $14,158 $16,530
Source: Public Records

Agents Affiliated with this Home

  • Qi Kang Mei

    Seller's Agent in 2022

    Qi Kang Mei

    RE/MAX Edge

    (718) 288-3835

    10 in this area

    47 Total Sales

    Qi Kang Mei
    Section Image
  • Jin Xiu Li Chen

    Buyer's Agent in 2022

    Jin Xiu Li Chen

    Century 21 Realty First

    (917) 637-9128

    2 in this area

    28 Total Sales

    Jin Xiu Li Chen
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458927

Brooklyn Board of REALTORS®

APN: 06182-0043

New York Kings County Brooklyn 11204 Bensonhurst

7110 18th Ave, Brooklyn, NY

Not Listed for Sale

Other

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.