$1,800,000
SOLD JAN 15, 2025
-- Bed
-- Bath
3,300 Sq Ft
1,940 Sq Ft Lot

Recently Sold

$545 Per Sq Ft

9% Below List Price

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Back Yard
  • P.S. 176 Ovington Rated A
  • Heating System Uses Steam

About This Home

As of January 2025

Introducing a great income-producing investment opportunity, a legal brick 4-Families and 1-Store located at a desirable neighborhood in Dyker Heights/Bensonhurst area. The property could potentially have a projected Gross Income of a little over $110,000/year which is great for either an end user or an investor. The property building size is 20x55 sitting on a 20x97 lot, with R6B/C1-3 zoning allowing you to build an extension for the Store. The store has a 9-10 ft high ceiling that is currently leased to a nail salon. Bothe the 2FL and 3FL layout consists of (4) one-bedroom apartments, each unit features a living room, kitchen, and bedroom. Full basement with a separate rear entrance featuring a laundry area and storage room. This highly convenient location is near restaurants, supermarkets, schools, and much more. Public transportation is also available: B64 bus on 13Ave and N/D Trains on 71St. Great school district: PS 176, JHS 201. Won't Last!

Last Agent to Sell the Property

Karla Ng Mok

Century 21 Realty First Listed on: 11/29/2023

Century 21 Realty First

Co-Listed By

Anthony Frazzetta

RE/MAX Real Estate Professionals License #31SA1010105

Last Buyer's Agent

Karla Ng Mok

Century 21 Realty First Listed on: 11/29/2023

Century 21 Realty First

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,932

Year Built

  • Built in 1931

Lot Details

  • 1,940 Sq Ft Lot
  • Lot Dimensions are 97 x 20
  • Back Yard
  • Property is zoned R6B

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Ceiling height between 8 to 10 feet
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 6188

Property Details

Property Type

Other

Est. Annual Taxes

$20,932

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1100
  • Building Length: 55.00
  • Building Width: 20.00
  • Co List Office Mls Id: 119600
  • Co List Office Phone: (718) 758-5838
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 72nd St
  • Cross Street Name2: 73rd St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: 13th Ave
  • Street Number I D X: 7214
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Laminate, Tile
  • Lot Sq Ft: 1940

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 44
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V, 220 V, Other
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 97
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 20932.00

Multi Family

  • Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 15, 2025
Sold by
Milo Stephanie
Bought by
7214 13Th Avenue Llc
Seller's Agent
Karla Ng Mok
Century 21 Realty First
Buyer's Agent
Karla Ng Mok
Century 21 Realty First
List Price
$1,988,000
Sold Price
$1,800,000
Premium/Discount to List
-$188,000
-9.46%
Current Estimated Value
$1,853,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,918
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,080,000
Outstanding Balance
$1,074,175
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$771,510

Purchase Details

Closed on
Nov 10, 2022
Sold by
Denise Zollo Executor and Estate Of Stephen P Spadaro
Bought by
Milo Stephanie
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,800,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,080,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $1,800,000 -9.5% $545 / Sq Ft
11/29/2023 11/29/23 For Sale $1,988,000 -- $602 / Sq Ft
11/28/2023 11/28/23 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
2025 $23,039 $409,950 $95,400 $314,550
2024 $23,039 $345,600 $95,400 $250,200
2023 $20,932 $371,700 $95,400 $276,300
2022 $19,331 $464,850 $95,400 $369,450
2021 $17,949 $381,915 $95,400 $286,515
2020 $13,462 $370,800 $95,400 $275,400
2019 $17,584 $308,880 $95,400 $213,480
2014 $9,201 $109,041 $63,682 $45,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 478482

Brooklyn Board of REALTORS®

APN: 06188-0044