John Sprague
RE/MAX Elite
(718) 751-0584
98 Total Sales
1 in Bensonhurst
$1,375,000 Price
7924 18th Ave Brooklyn, NY 11214
Bensonhurst Neighborhood
--
Beds
--
Baths
24,775
Sq Ft
9,600
Sq Ft Lot
Highlights
- 9,600 Sq Ft lot
- 4-minute walk to 18 Avenue (D,M Line)
- Heating System Uses Steam
- P.S. 186 Dr. Irving A. Gladstone Elementary School Rated 9+
- Wood Flooring
- 3-minute walk to Garibaldi Playground
About This Home
As of October 2022Prime Bensonhurst location -- only a few blocks from the D train. 5 buildings with separate deeds but one boiler for all 30 units. 7922 18th Ave, 7920 18th Ave, 7918 18th Ave, and 7914 18th Ave are each 6 family buildings. Average rents way below market rate. Great investment with 4.8% cap rate. Possible owner financing. See attachment with complete unit information as well as income and expense breakdown.
Last Agent to Sell the Property
Sal Calabrese
Listed on: 03/29/2022
Last Buyer's Agent
Daniel Calabrese
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Property Details
Property Type
- Other
Est. Annual Taxes
- $84,570
Lot Details
- 9,600 Sq Ft Lot
- Lot Dimensions are 100 x 96
- Back Yard
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 24,775 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Partial Basement
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Tax Block 6272
Community Details
Overview
- 29 Units
Building Details
- Fuel Expense $36,000
- Insurance Expense $17,500
- Gross Income $468,748
- Net Operating Income $301,678
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
Mar 29, 2022
Closed on
Oct 28, 2022
Sold by
Tucciarone Angela and Tucciarone Frank
Bought by
Seller's Agent
Sal Calabrese
Buyer's Agent
Daniel Calabrese
Sold Price
$6,065,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,065,000
Outstanding Balance
$4,854,439
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bensonhurst, NY
-
John Sprague
-
Olga Moldavsky
Olga Moldavsky
REMAX EDGE
(888) 477-2209
140 Total Sales
5 in Bensonhurst
$210K - $460K Price Range
-
Dazhi Simon Su
Dazhi Simon Su
Re/Max Edge
(646) 718-5880
69 Total Sales
6 in Bensonhurst
$990K - $1.8M Price Range
-
Anthony Parascandolo
Anthony Parascandolo
Responds QuicklyRE/MAX Elite
(347) 952-7649
51 Total Sales
3 in Bensonhurst
$1.1M - $1.3M Price Range
-
Madeline Caudiano
Madeline Caudiano
RE/MAX Elite
(844) 643-0562
40 Total Sales
2 in Bensonhurst
$1.7M - $1.9M Price Range
-
Allan Zhu
Allan Zhu
Responds QuicklyRE/MAX Edge
(833) 369-2730
102 Total Sales
5 in Bensonhurst
$990K - $1.9M Price Range
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 |
|---|---|---|---|
| $6,065,000 | -- |
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 | $5,065,000 |
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 |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $6,065,000 | -- | $245 / Sq Ft |
| 03/29/2022 03/29/22 | 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 | $26,715 | $509,850 | $143,550 | $366,300 |
| 2025 | $24,781 | $454,950 | $143,550 | $311,400 |
| 2024 | $24,781 | $401,400 | $143,550 | $257,850 |
| 2023 | $22,514 | $379,800 | $143,550 | $236,250 |
| 2022 | $21,719 | $387,900 | $143,550 | $244,350 |
| 2021 | $20,167 | $354,150 | $143,550 | $210,600 |
| 2019 | $19,230 | $369,000 | $143,550 | $225,450 |
| 2018 | $17,957 | $141,180 | $53,936 | $87,244 |
| 2017 | $17,368 | $136,548 | $60,331 | $76,217 |
| 2016 | $16,303 | $126,460 | $61,683 | $64,777 |
| 2015 | $10,582 | $126,460 | $72,425 | $54,035 |
| 2014 | $10,582 | $117,287 | $67,414 | $49,873 |
Source: Public Records
Agents Affiliated with this Home
-
SC
Seller's Agent in 2022
Sal Calabrese
-
Jose Paucar
Seller Co-Listing Agent in 2022
Jose Paucar
RE/MAX
(917) 440-8360
7 in this area
55 Total Sales
-
DC
Buyer's Agent in 2022
Daniel Calabrese
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 460287
APN: 06272-0052
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