Seller's Agent in 2024
Jason Zhou
RE/MAX Edge
(347) 988-5318
7 in this area
178 Total Sales
8618 5th Ave Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated Value: $1,972,970
--
Bed
--
Bath
4,452
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 4-minute walk to 86 Street (R Line)
- Heating System Uses Steam
- P.S. 264 Bay Ridge Elementary School for the Arts Rated A-
- Back and Side Yard
About This Home
As of January 2024Attention Investors/Owners!!! Rare-Find Mixed-Use Building which consists of 1-Store plus 5-Family is located on the Prime Commercial Block and in the most sought-after Prime Neighborhood. It is conveniently situated in the Center of Everything that provides all your daily routine needs. This building features a long-established retail business on the 1st floor front and a 1-bedroom apartment in the rear, a 2-bedroom apartment on the 2nd floor front and a 1-bedroom apartment in the rear, the two apartments on the 3rd floor has the same layout as the 2nd floor, basement has separate entrance with boiler room in the rear and utility room in the front with 7 gas and electricity meters, some vacancies are possible, all apartments are FREE MARKET, building size 23x87' approx. 4,452 sqft is sitting on 23x97' lot approx. 2,230 sqft, zoning C4-2A with unused FAR 2,230 sqft and please verify with your architect. Rent roll is upon request. Won't Last!
Property Details
Property Type
- Other
Est. Annual Taxes
- $32,079
Year Built
- Built in 1925
Lot Details
- 2,245 Sq Ft Lot
- Lot Dimensions are 97 x 23
- Irregular Lot
- Back and Side Yard
- Property is zoned C4-2A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 4,452 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Tax Block 6045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2023
Closed on
Jan 4, 2024
Sold by
Hochstadt Trustee Mary and Pietrofesa Trustee Mary
Bought by
8618 Lucky Inc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$1,988,000
Sold Price
$1,920,000
Premium/Discount to List
-$68,000
-3.42%
Views
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,970
Avg. Annual Appreciation
1.64%
Original Mortgage
$1,340,000
Outstanding Balance
$1,319,336
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,634
Purchase Details
Closed on
Sep 27, 2005
Sold by
Pietrofesa Christine
Bought by
Hochstadt As Trustee Mary and Pietrofesa As Trustee Christine M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 8618 Lucky Inc | $1,920,000 | -- | |
| 8618 Lucky Inc | $1,920,000 | -- | |
| Hochstadt As Trustee Mary | -- | -- | |
| Hochstadt As Trustee Mary | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 8618 Lucky Inc | $1,340,000 | |
| Closed | 8618 Lucky Inc | $1,340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2024 01/04/24 | Sold | $1,920,000 | -3.4% | $431 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $1,988,000 | -- | $447 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $32,461 | $276,750 | $13,050 | $263,700 |
| 2024 | $32,461 | $259,650 | $13,050 | $246,600 |
| 2023 | $32,163 | $277,650 | $13,050 | $264,600 |
| 2022 | $32,079 | $346,950 | $13,050 | $333,900 |
| 2021 | $30,902 | $277,650 | $13,050 | $264,600 |
| 2020 | $14,186 | $277,650 | $13,050 | $264,600 |
| 2019 | $27,471 | $347,040 | $13,050 | $333,990 |
| 2018 | $25,914 | $201,684 | $6,067 | $195,617 |
| 2017 | $25,652 | $201,684 | $6,971 | $194,713 |
| 2016 | $24,981 | $193,775 | $7,095 | $186,680 |
| 2015 | $15,630 | $180,956 | $7,091 | $173,865 |
| 2014 | $15,630 | $167,553 | $7,252 | $160,301 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Zhou
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 475776
APN: 06045-0043
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