NOT LISTED FOR SALE

Estimated Value: $1,309,189 - $1,538,000

9 Beds
5 Baths
2,589 Sq Ft
$537/Sq Ft Est. Value

Last Sold January 15, 2024

Last sale price $1,225,000 $473 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,980/month

128 Days on Market

Highlights

  • 0.09 Acre Lot
  • 3-minute walk to Brooklyn College-Flatbush Avenue
  • 1 Car Garage
  • J.H.S. 278 Marine Park Rated A-
  • Hot Water Heating System

About This Home

As of January 2024

WHEN OPPORTUNITY KNOCKS.. THIS IS IT, CALLING ALL INVESTORS THIS 40X100 2 FAMILY HOME HAS SO MUCH POTENTIAL HUGE 40X100 LOT R6A ZONING DEVELOPMENT HAPPENING RIGHT NEXT DOOR 2 FAMILY HOME PERFECT FOR RENOVATIONS GARAGE QUIET BLOCK THIS HOME HAS SO MUCH TO OFFER!!! DELIVERED VACANT!!

Last Agent to Sell the Property

Steven Pratt

Millionaire Minds Realty Brokerage Phone: 929-400-1063 License #10491211059 Listed on: 01/24/2023

Co-Listed By

Crystal Gonzalez

Exit Realty First Choice Brokerage Phone: 929-400-1063 License #10401300476

Last Buyer's Agent

Steven Pratt

Millionaire Minds Realty Brokerage Phone: 929-400-1063 License #10491211059 Listed on: 01/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1905

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • JHS 278 Marine Park Middle School
  • Brooklyn College Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 49 / 7559
  • Assessor Parcel Number 07559-0049

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,024

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1905
  • New Construction: No
  • Attribution Contact: 929-400-1063
  • Co List Office Mls Id: ONEMMRL01
  • Co List Office Phone: 929-400-1063
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 9
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 278 Marine Park

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Parcel Number: 07559-0049
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8024
  • Tax Block: 7559
  • Tax Lot: 49
  • Tax Map Number: 07559-0049

MLS Schools

  • High School: Brooklyn College Academy
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jan 22, 2024
Sold by
Estate Of Francois H Brutus and Laurent
Bought by
716 E32 Holdings Llc
Seller's Agent
Steven Pratt
Millionaire Minds Realty
Buyer's Agent
Steven Pratt
Millionaire Minds Realty
List Price
$1,550,000
Sold Price
$1,225,000
Premium/Discount to List
-$325,000
-20.97%
Views
92
Current Estimated Value
$1,390,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,297
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Miramar Managements Company Llc
Bought by
Brutus Francois H and Laurent Bordes P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Grant Linda Gay and Grant Scott Alan
Bought by
Miramar Management Company Llc
Source: Public Records

Range of Values:

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Average Value
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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
716 E32 Holdings Llc $1,225,000 --
716 E32 Holdings Llc $1,225,000 --
Brutus Francois H $375,000 --
Brutus Francois H $375,000 --
Miramar Management Company Llc $210,000 --
Miramar Management Company Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brutus Francois H $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $1,225,000 -2.0% $473 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $1,250,000 -15.3% $483 / Sq Ft
03/10/2023 03/10/23 Price Changed $1,475,000 -1.7% $570 / Sq Ft
02/06/2023 02/06/23 Price Changed $1,499,999 -3.2% $579 / Sq Ft
01/24/2023 01/24/23 For Sale $1,550,000 -- $599 / Sq Ft
Source: OneKey® MLS

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 $7,996 -- -- --
2024 $7,996 $86,760 $25,980 $60,780
2023 $8,085 $78,060 $25,980 $52,080
2022 $7,888 $85,500 $25,980 $59,520
2021 $7,802 $69,300 $25,980 $43,320
2020 $5,583 $82,560 $25,980 $56,580
2019 $6,940 $82,560 $25,980 $56,580
2018 $6,763 $33,177 $13,920 $19,257
2017 $6,712 $32,926 $16,019 $16,907
2016 $6,210 $31,063 $20,410 $10,653
2015 $3,746 $29,306 $15,512 $13,794
2014 $3,746 $27,648 $17,572 $10,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3454371

OneKey® MLS

APN: 07559-0049