NOT LISTED FOR SALE

Estimated Value: $1,729,000 - $2,260,000

8 Beds
3 Baths
4,410 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $1,925,000 $437 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,705/month

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Junior High School 259 William McKinley Rated A
  • Front and Side Yard
  • Private Driveway

About This Home

As of November 2022

Rare extra large corner brick sun filled 3 family property with detached 2-car garage. Building size is 21 x 70. Top floor features an enclosed porch, living room, dining room and eat in kitchen, with 3 bedrooms and access to a large open rooftop deck on the garage. First floor also has an enclosed porch, living room, dining room and 3 bedrooms, and kitchen. There is a 2-bedroom walk-in apartment with a separate entrance on 77th Street. The property also features an interior staircase for easy access to all apartments from the top floor to the bottom. Property is ideally located near the Verrazano Bridge, shopping on 5th Avenue and the R train mere blocks away.

Last Agent to Sell the Property

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 05/31/2022

RE/MAX Elite

Last Buyer's Agent

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 05/31/2022

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 1920

Lot Details

  • 2,450 Sq Ft Lot
  • Lot Dimensions are 92 x 27
  • Front and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,410 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Walk-Out Basement
  • Stove

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 70.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 77th Street
  • Cross Street Name2: 78th Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 4410
  • Building Stories: 3
  • Street Name I D X: 6th
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood
  • Lot Sq Ft: 2450

Exterior Features

  • Yard: Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 42
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 92
  • Lot Size Width: 27
  • Zoning: R4-1

Rental Info

  • Rent Income: 6000

Tax Info

  • Flip Tax Amount: 12000.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Nov 21, 2022
Sold by
Barnao Frank and Turilli Theresa
Bought by
Lin Xiuzhu
Seller's Agent
Edward Davis
RE/MAX Elite
Buyer's Agent
Edward Davis
RE/MAX Elite
Sold Price
$1,925,000
Current Estimated Value
$2,047,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,803
Avg. Annual Appreciation
1.66%
Original Mortgage
$962,500
Outstanding Balance
$931,454
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,097,057

Purchase Details

Closed on
Aug 21, 2003
Sold by
Barnao Mary J
Bought by
Barnao Frank and Turilli Theresa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Lin Xiuzhu $1,925,000 --
Lin Xiuzhu $1,925,000 --
Lin Xiuzhu $1,925,000 --
Barnao Frank -- --
Barnao Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xiuzhu $962,500
Closed Lin Xiuzhu $962,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $1,925,000 -- $437 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $12,714 $134,760 $17,580 $117,180
2024 $12,714 $128,820 $17,580 $111,240
2023 $12,411 $150,120 $17,580 $132,540
2022 $12,200 $164,460 $17,580 $146,880
2021 $12,473 $129,900 $17,580 $112,320
2020 $5,850 $119,520 $17,580 $101,940
2019 $11,035 $95,040 $17,580 $77,460
2018 $10,381 $50,926 $13,639 $37,287
2017 $10,381 $50,926 $13,370 $37,556
2016 $9,873 $49,389 $12,263 $37,126
2015 $5,575 $46,596 $14,748 $31,848
2014 $5,575 $43,959 $11,824 $32,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463024

Brooklyn Board of REALTORS®

APN: 05962-0042