NOT LISTED FOR SALE

716 E 96 St Brooklyn, NY 11236

East Flatbush Neighborhood

Estimated Value: $1,086,482 - $1,690,000

Studio
7 Baths
4,536 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $900,000 $198 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,576/month

Highlights

  • Wood Flooring
  • Elevator
  • Back Yard
  • Terrace
  • Baseboard Heating

About This Home

As of September 2019

11 year old three family brick in excellent condition with excellent tenants.
15 year tax abatement with 7 years left. Tax increases in years 11 through 15.
Handicap lift in front.
Great for investor or owner occupant

Last Agent to Sell the Property

Paul Schwartz

Brooklyn Real Property Inc. Listed on: 08/30/2018

Last Buyer's Agent

Paul Schwartz

Brooklyn Real Property Inc. Listed on: 08/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,901

Lot Details

  • 3,380 Sq Ft Lot
  • Lot Dimensions are 130 x 26
  • Back Yard

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,536 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Terrace

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Elevator

Listing and Financial Details

  • Tax Block 8113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,901

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Walk-in
  • Total Bathrooms: 7.00
  • Borough: Brooklyn
  • Building Length: 51.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue B
  • Cross Street Name2: Ditmas Av
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Elevator, Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 4536
  • Building Stories: 3
  • Street Name I D X: 96
  • Building Style: Triplex
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Three Quarter Bathrooms: 1
  • Flooring: Hardwood
  • Lot Sq Ft: 3380

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 60
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 130
  • Lot Size Width: 26
  • Zoning: R5

Rental Info

  • Rent Income: 95940

Tax Info

  • Flip Tax Amount: 1901.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 26, 2019
Sold by
Quality Home Builders + Realty Llc
Bought by
Wolberg Sholem Ber and Wolf Yitzchok
Seller's Agent
Paul Schwartz
Brooklyn Real Property Inc.
Buyer's Agent
Paul Schwartz
Brooklyn Real Property Inc.
Sold Price
$900,000
Current Estimated Value
$1,347,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,161
Avg. Annual Appreciation
6.51%
Original Mortgage
$720,000
Outstanding Balance
$630,756
Interest Rate
3.5%
Mortgage Type
Unknown
Estimated Equity
$716,405

Purchase Details

Closed on
Apr 24, 2012
Sold by
Quality Home Builders And Realty Llc
Bought by
Quality Home Builders + Realty Llc

Purchase Details

Closed on
Aug 22, 2006
Sold by
Marshall Margaret A
Bought by
Quality Home Builders And Realty Llc

Purchase Details

Closed on
Apr 26, 1995
Sold by
Deallie Dennie
Bought by
Marshall Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
8.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolberg Sholem Ber $900,000 --
Quality Home Builders + Realty Llc -- --
Quality Home Builders And Realty Llc $670,000 --
Marshall Margaret A $82,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolberg Sholem Ber $720,000
Previous Owner Marshall Margaret A $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $900,000 +40809.1% $198 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
06/06/2014 06/06/14 Rented $2,200 0.0% --
05/07/2014 05/07/14 Under Contract -- -- --
09/17/2013 09/17/13 For Rent $2,200 -- --
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 $6,960 $106,020 $14,700 $91,320
2024 $6,960 $83,760 $14,700 $69,060
2023 $5,086 $77,220 $14,700 $62,520
2022 $3,321 $63,180 $14,700 $48,480
2021 $1,963 $56,880 $14,700 $42,180
2020 $976 $69,000 $14,700 $54,300
2019 $1,951 $54,840 $14,700 $40,140
2018 $1,901 $40,516 $10,932 $29,584
2017 $1,901 $38,223 $12,776 $25,447
2016 $1,865 $36,060 $14,700 $21,360
2015 $1,273 $41,390 $12,553 $28,837
2014 $1,273 $40,529 $12,292 $28,237
Source: Public Records

Agents Affiliated with this Home

  • Paul Schwartz

    Seller's Agent in 2019

    Paul Schwartz

    Brooklyn Real Property Inc.

    (917) 331-8055

    8 Total Sales

    Paul Schwartz
    Section Image

  • S

    Seller's Agent in 2014

    Sepideh Aziz Hazan

    Best Homes

    (516) 498-2378

    1 Total Sale

    Sepideh Aziz Hazan
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 423213

Brooklyn Board of REALTORS®

APN: 08113-0060

New York Kings County Brooklyn 11236 East Flatbush

716 E 96 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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