$3,800,000

Estimated payment $22,356/month

Total Views 4,771
-- Bed
-- Bath
4,500 Sq Ft
$844 Price per Sq Ft

Highlights

  • Tile Flooring
  • 2-minute walk to 8 Avenue
  • Back Yard
  • P.S. 69 Vincent D Grippo School Rated A-
  • Hot Water Heating System

About This Home

Newly renovated semi-detached Mixed Use 1 community and 2 family, walk in community 1st floor community is $6,500 per month. 2nd floor front is 3 bedrooms 2 bath rent is $2,700 per month, 2nd floor rear is 3 bedrooms 2 bath rent is $2,800 per month. 5% rate of return.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 12/09/2024

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $26,504

Year Built

  • Built in 1924

Lot Details

  • 2,504 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard
  • Property is zoned R6B

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 866

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,000
  • Insurance Expense $5,000
  • Utility Expense $500
  • Gross Income $144,000

Property Details

Property Type

Other

Est. Annual Taxes

$26,504

Year Built

Built in 1924

Lot Details

2,504 Sq Ft Lot

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Av
  • Cross Street Name2: 8th Av
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4500
  • Building Stories: 2
  • Street Name I D X: 60th
  • Year Built: 1924
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Other
  • Lot Sq Ft: 2504

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 35504.00
  • Annual Gross Income: 144000
  • Insurance Expense: 5000.00
  • Unit Count: 3
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 26504.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2026 $30,576 $337,500 $56,250 $281,250
2025 $26,504 $313,200 $56,250 $256,950
2024 $26,504 $283,050 $56,250 $226,800
2023 $23,797 $267,300 $56,250 $211,050
2022 $16,188 $501,750 $92,700 $409,050
2021 $15,028 $471,600 $92,700 $378,900
2020 $7,387 $517,050 $92,700 $424,350
2019 $14,967 $442,260 $92,700 $349,560
2018 $13,977 $109,887 $27,639 $82,248
2017 $12,945 $101,774 $29,738 $72,036
2016 $12,149 $94,237 $32,737 $61,500
2015 $7,887 $94,221 $39,290 $54,931
2014 $7,887 $91,286 $39,095 $52,191
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 For Sale $3,800,000 -- $844 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,900,000 --
Deed $1,900,000 --
Deed $1,900,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Purchase Money Mortgage
Closed $1,200,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 487941

Brooklyn Board of REALTORS®

APN: 00866-0053

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