$1,100,000
SOLD SEP 3, 2025
-- Bed
-- Bath
3,240 Sq Ft
1,740 Sq Ft Lot

Recently Sold

$340 Per Sq Ft

35% Below List Price

0 Day on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 20 Avenue (D,M Line)
  • Back Yard
  • Hot Water Heating System

About This Home

As of September 2025

LOCATION, LOCATION, LOCATION! Just minutes from 86th Street—close to the D subway station, restaurants, shops, and all major attractions. This property features a ground-floor commercial space and a beautifully maintained residential unit above. The store has been newly renovated by the current tenants. Upstairs, the residential unit offers 3 spacious bedrooms, a comfortable living room, and a private balcony. Enjoy low property taxes of just $8,204 annually—half of which is currently covered by the ground-floor tenant. Can be delivered VACANT!

Last Agent to Sell the Property

Emily Liang

RE/MAX Real Estate Professionals License #10401235357 Listed on: 05/05/2025

RE/MAX Real Estate Professionals

Last Buyer's Agent

Dazhi Simon Su

RE/MAX Edge License #10401276216

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,204

Year Built

  • Built in 1925

Lot Details

  • 1,740 Sq Ft Lot
  • Lot Dimensions are 96 x 18
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Insurance Expense $3,200
  • Gross Income $81,600

Listing and Financial Details

  • Tax Block 6374

Property Details

Property Type

Other

Est. Annual Taxes

$8,204

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 18.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86th St
  • Cross Street Name2: Benson Av
  • Heat Delivery: Hot Water
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3240
  • Building Stories: 2
  • Street Name I D X: 20th
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 1740

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 18
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 12684.00
  • Annual Gross Income: 81600
  • Insurance Expense: 3200.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 8204.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Sep 3, 2025
Sold by
Stars Of Kbrr Realty Llc
Bought by
A & B Lotus Llc
Seller's Agent
Emily Liang
RE/MAX Real Estate Professionals
Buyer's Agent
Dazhi Simon Su
RE/MAX Edge
List Price
$1,680,000
Sold Price
$1,100,000
Premium/Discount to List
-$580,000
-34.52%
Views
5
Current Estimated Value
$1,102,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,201
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Hong Hui Realty Llc
Bought by
Stars Of Kbrr Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2014
Sold by
Drouvalakis Aka John Drouvalak Ioannis
Bought by
Hong Hui Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.37%

Purchase Details

Closed on
Apr 6, 2005
Sold by
Drouvalakis and John
Bought by
Drouvalakis and John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,100,000 --
Deed $1,090,000 --
Deed $1,090,000 --
Deed $828,000 --
Deed $147,500 --
Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 Commercial
Previous Owner $390,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $1,100,000 -34.5% $340 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $1,680,000 -- $519 / Sq Ft
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 $8,204 $96,420 $15,000 $81,420
2024 $8,204 $89,220 $15,000 $74,220
2023 $7,859 $92,760 $15,000 $77,760
2022 $5,723 $83,280 $15,000 $68,280
2021 $7,593 $76,200 $15,000 $61,200
2020 $3,773 $73,140 $15,000 $58,140
2019 $7,120 $73,140 $15,000 $58,140
2018 $6,573 $32,246 $7,934 $24,312
2017 $6,494 $31,856 $8,401 $23,455
2016 $6,011 $30,067 $9,515 $20,552
2015 $3,625 $30,057 $11,420 $18,637
2014 $3,625 $28,365 $12,940 $15,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 492433

Brooklyn Board of REALTORS®

APN: 06374-0067