Seller's Agent in 2022
Jason Zhou
RE/MAX Edge
(347) 988-5318
36 in this area
192 Total Sales
7514 20th Ave Brooklyn, NY 11214
Bensonhurst NeighborhoodEstimated Value: $1,330,817
--
Bed
--
Bath
3,800
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling height of 10 feet or more
- Back and Front Yard
- P.S. 186 Dr. Irving A. Gladstone Elementary School Rated A-
- Baseboard Heating
About This Home
As of January 2022Vacant Commercial Building for sale in Bensonhurst, one of the Prime and most sought-after neighborhood. Store on first floor was previously rented for $5200/month to a tenant running for Amazon business is having 20x90'(1800 SF) in dimension, separate entrance, high ceiling, 2 half-baths, enclosed backyard space and plus access to the basement for additional storage space. Office space on 2nd floor can be rented for $2500-$3000/month is having 20x60'(1200 SF) in dimension, separate entrance, great condition, a full bath with a working sauna room ideal for rehabilitation/physical therapy/spa and access to a huge rooftop balcony. Owner is only responsible for the building insurance and water. With projected income and known expenses, the expected CAP rate is about 6%. Property tax: $15,495. Zoning: R5.
Property Details
Property Type
- Other
Est. Annual Taxes
- $15,495
Year Built
- Built in 1931
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
- Property is zoned R5
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
- Ceiling height of 10 feet or more
Flooring
- Wood
- Tile
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Ductless Heating Or Cooling System
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Jan 14, 2022
Sold by
Tsui Shi Ming
Bought by
Tran Smart Group Llc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
ALLEN SIU LUN TANG
Re/Max Real Estate Professiona
Sold Price
$1,185,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,817
Avg. Annual Appreciation
1.51%
Original Mortgage
$948,000
Outstanding Balance
$873,188
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,388
Purchase Details
Closed on
Oct 22, 2003
Sold by
Tsui Shi Jen and Tsui Shi Wen
Bought by
Tsui Shi Ming
Purchase Details
Closed on
Oct 25, 1999
Sold by
Tsui Shi Wen
Bought by
Tsui Shi Wen and Tsui Shi Jen
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Smart Group Llc | $1,185,000 | -- | |
| Tran Smart Group Llc | $1,185,000 | -- | |
| Tsui Shi Ming | $150,000 | -- | |
| Tsui Shi Ming | $150,000 | -- | |
| Tsui Shi Wen | $475,000 | -- | |
| Tsui Shi Wen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tran Smart Group Llc | $948,000 | |
| Closed | Tran Smart Group Llc | $948,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $1,185,000 | -- | $312 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $16,682 | $159,300 | $36,000 | $123,300 |
| 2024 | $16,682 | $157,500 | $36,000 | $121,500 |
| 2023 | $16,672 | $156,600 | $36,000 | $120,600 |
| 2022 | $16,116 | $149,850 | $36,000 | $113,850 |
| 2021 | $15,496 | $144,900 | $36,000 | $108,900 |
| 2020 | $9,453 | $186,300 | $36,000 | $150,300 |
| 2019 | $17,686 | $177,300 | $36,000 | $141,300 |
| 2018 | $17,080 | $175,950 | $36,000 | $139,950 |
| 2017 | $16,633 | $169,650 | $36,000 | $133,650 |
| 2016 | $16,271 | $162,000 | $36,000 | $126,000 |
| 2015 | $10,738 | $156,150 | $36,000 | $120,150 |
| 2014 | $10,738 | $148,500 | $36,000 | $112,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Zhou
-
ALLEN SIU LUN TANG
Buyer's Agent in 2022
ALLEN SIU LUN TANG
RE/MAX
(917) 518-8880
7 in this area
106 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 454314
APN: 06228-0041
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