831 56th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $22,101/month
Highlights
- Baseboard Heating
- P.S. 160 William T Sampson School Rated A-
- Back Yard
About This Home
Location!Location!Location! Rare opportunity to own a 10 years Mix-Use Property in Sunset Park 8th Avenue. Lot: 21x100, Building: 21x56. 2 medical offices with 4 resident units and 1 parking spaces!!! Separated Heat and Hot water. Lot of potentials for this property, easily increase the rent roll from 203K to 300K!!!
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,539
Lot Details
- 2,100 Sq Ft Lot
- Lot Dimensions are 100 x 21
- Back Yard
Parking
- 1 Parking Space
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
Additional Features
- Finished Basement
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $4,500
- Utility Expense $2,400
- Gross Income $229,632
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,539 | $786,150 | $137,250 | $648,900 |
| 2024 | $13,539 | $662,400 | $137,250 | $525,150 |
| 2023 | $11,522 | $699,750 | $137,250 | $562,500 |
| 2022 | $9,480 | $583,200 | $137,250 | $445,950 |
| 2021 | $7,387 | $466,650 | $137,250 | $329,400 |
| 2020 | $2,761 | $516,150 | $137,250 | $378,900 |
| 2019 | $5,542 | $516,150 | $137,250 | $378,900 |
| 2018 | $5,589 | $94,357 | $27,330 | $67,027 |
| 2017 | $5,499 | $91,432 | $29,385 | $62,047 |
| 2016 | $5,362 | $84,660 | $30,025 | $54,635 |
| 2015 | $7,089 | $78,389 | $30,850 | $47,539 |
| 2014 | $7,089 | $72,583 | $33,091 | $39,492 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2025 02/16/25 | For Sale | $3,999,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,430,000 | -- | |
| Deed | $1,430,000 | -- | |
| Deed | $840,000 | -- | |
| Deed | $840,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Commercial | |
| Closed | $800,000 | Commercial | |
| Previous Owner | $499,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 489277
APN: 05679-0068
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