NOT LISTED FOR SALE
11 Beds
6 Baths
5,160 Sq Ft
2,700 Sq Ft Lot

Sale Details

Date Sold: November 12, 2019

Last sale price $1,550,000 $300 Per Sq Ft

Highlights

  • Wood Flooring
  • Back, Front, and Side Yard
  • Heating System Uses Steam
  • Ditmas Junior High school Rated A-
  • Multiple cooling system units

About This Home

As of November 2019

This Multi Family Home has just hit the Midwood Market! The property boasts 3 Stories, the first floor has 2 units; one is fully renovated with 2 Bedrooms, 1 Full bath, a Living Room, Dinette and Eat-IN Kitchen with Quarts Counter top and a Laundry area, the second unit has 1 Bedroom, 1 Full bath, a Living Room, Dinette and Eat-IN Kitchen. The second floor and third floor has 2 units each; one unit in the second floor is fully renovated with 2 Bedrooms, 1 Full bath, a Living Room, Dinette and Eat-IN Kitchen and a Laundry area, the rest of the units on the second and third floor each have 2 Bedrooms, 1 Full bath, a Living Room, Dinette and Eat-IN Kitchen. Conveniently located between Foster Ave and Avenue H, you're right near Local shops, restaurants, theaters, dance studios and public transportation like B8 and B68. This is a great income generating property right in Midwood . This home is located in New York City Geographic District #22 and is zoned for R7A. Motivated Seller, Present All Offers!

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 02/28/2019

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1925

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back, Front, and Side Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,160 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Block 6497

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $5,000
  • Utility Expense $600
  • Gross Income $115,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,500

Year Built

Built in 1925

Lot Details

2,700 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 21.50
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Cross Street Name2: Avenue H
  • Gross Lease: 9625
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Refrigerator
  • Rooms Total Level3: 10
  • Fill Sq Ft Total: 5160
  • Building Stories: 3
  • Street Name I D X: 9
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Hardwood, Laminate, Tile, Other
  • Lot Sq Ft: 2700

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 61
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R7A

Multi Family

  • Annual Gross Expense: 33100.00
  • Annual Gross Income: 115500
  • Insurance Expense: 5000.00
  • Unit Count: 6
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 16500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Nov 12, 2019
Sold by
Bought by
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$903,429
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 --
$1,100,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,050,000
Previous Owner $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $1,550,000 -- $300 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,656 $514,350 $8,100 $506,250
2025 $21,925 $454,050 $8,100 $445,950
2024 $21,925 $378,540 $8,100 $370,440
2023 $21,513 $315,450 $8,100 $307,350
2022 $20,728 $310,050 $8,100 $301,950
2021 $19,243 $364,950 $8,100 $356,850
2019 $17,014 $425,250 $8,100 $417,150
2018 $17,158 $134,904 $2,529 $132,375
2017 $16,576 $130,321 $2,823 $127,498
2016 $15,557 $120,668 $2,963 $117,705
2015 $10,100 $111,980 $3,299 $108,681
2014 $10,100 $103,773 $3,113 $100,660
Source: Public Records

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427588

Brooklyn Board of REALTORS®

APN: 06497-0061

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