NOT LISTED FOR SALE

7324 Avenue V Brooklyn, NY 11234

Bergen Beach Neighborhood

Estimated Value: $1,050,000 - $1,663,000

0.23 Acre
$5,779,265 Price per Acre
10,000 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $1,140,000 $263 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,206/month

50 Days on Market

Highlights

  • 0.23 Acre Lot
  • P.S. 312 Bergen Beach Rated A-
  • Corner Lot

About This Lot

As of May 2021

Excellent development opportunity in Bergen Beach! Currently, this corner property is a single family ranch consisting of 4 bedrooms, 2 bathrooms and a full basement. Property needs TLC . Building is a massive structure at 78 ft wide and 32ft in depth, totaling approximately 2,500 square feet. With a zoning of R3-1, there's an incredible potential to build multiple two family homes. Conveniently located near the buses B3 and B41.

Last Agent to Sell the Property

Ran Dan Pan

Compass Greater NY LLC Brokerage Phone: 347-630-6498 License #10301212742 Listed on: 08/17/2020

Compass Greater NY LLC

Last Buyer's Agent

Lin Han

Compass Greater NY LLC License #10301217473

Compass Greater NY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,908

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Corner Lot
  • Paved or Partially Paved Lot
  • Cleared Lot

Property Details

Property Type

Land

Est. Annual Taxes

$12,908

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Current Use: Subdivision
  • Attribution Contact: 347-630-6498
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • FloodZoneReportYN: 0
  • RoadFrontageLength: 100

Utilities

  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • Lot Features: Cleared, Corner Lot, Paved
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12908

MLS Schools

  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Lou Raymond
Bought by
Zeidan Mohammad S
Current Estimated Value
$1,329,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 17, 2020
Closed on
May 6, 2021
Sold by
Wayne Dolores
Bought by
Lou Raymond
Seller's Agent
Ran Dan Pan
Compass Greater NY LLC
Buyer's Agent
Lin Han
Compass Greater NY LLC
List Price
$1,050,000
Sold Price
$1,140,000
Premium/Discount to List
$90,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Zeidan Mohammad S $1,500,000 --
Lou Raymond $1,140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeidan Mohammed S $800,000
Closed Zeidan Mohammad S $950,000
Previous Owner Wayne Dolores $455,000
Previous Owner Wayne Lawrence $276,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $1,140,000 +8.6% $263 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,050,000 -- $242 / 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 $11,569 $64,920 $34,140 $30,780
2024 $11,569 $57,600 $34,140 $23,460
2023 $14,184 $70,680 $34,140 $36,540
2022 $13,154 $68,340 $34,140 $34,200
2021 $12,423 $62,160 $34,140 $28,020
2020 $13,082 $72,120 $34,140 $37,980
2019 $5,717 $60,960 $34,140 $26,820
2018 $6,472 $69,960 $33,564 $36,396
2017 $12,808 $66,000 $34,140 $31,860
2016 $6,072 $66,960 $34,140 $32,820
2015 $4,944 $78,780 $37,080 $41,700
2014 $4,944 $78,780 $37,080 $41,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ran Dan Pan

    Compass Greater NY LLC

    (347) 630-6498

    1 in this area

    28 Total Sales

    Ran Dan Pan
    Section Image
  • Lin Han

    Buyer's Agent in 2021

    Lin Han

    Compass Greater NY LLC

    (646) 662-8888

    1 in this area

    14 Total Sales

    Lin Han
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3243414

OneKey® MLS

APN: 08442-0041

New York Kings County Brooklyn 11234 Bergen Beach

7324 Avenue V, Brooklyn, NY

This home is located at 7324 Avenue V, Brooklyn, NY 11234 since 17 August 2020 and is currently estimated at $1,329,231, approximately $306 per square foot. 7324 Avenue V is a home located in Kings County with nearby schools including P.S. 312 Bergen Beach, James Madison High School, and Success Academy Charter School - Bergen Beach.

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