NOT LISTED FOR SALE

866 Flatbush Ave Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $1,324,283

-- Bed
-- Bath
4,000 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $1,200,000 $300 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,225/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard

About This Home

As of November 2021

Mixed Use Building,
Ground floor - Store 1800 sqft plus basement. To be delivered vacant.
2nd Fl- Apartment - 3 Bedrooms,
3rd Fl- Apartment - 3 Bedroom.

Last Agent to Sell the Property

Samuel Mizrahi

Listed on: 04/21/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,750

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 20x100
  • Back Yard
  • Property is zoned R7A

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Partial Basement

Flooring

  • Wood
  • Parquet
  • Concrete

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5082

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $3,500
  • Utility Expense $1,200
  • Gross Income $120,000
  • Net Operating Income $99,550

Property Details

Property Type

Other

Est. Annual Taxes

$10,750

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Partial
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1100
  • Building Length: 55.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under, Sign - Building
  • Commercial Features Interior: Fire - Smoke Alarm
  • Confirmed By M L S Y N: Yes
  • Cross Street: Canton Av
  • Cross Street Name2: Church Av
  • Heat Delivery: Hot Air, Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Building Stories: 3
  • Street Name I D X: Flatbush
  • Street Number I D X: 866
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Concrete, Hardwood, Parquet
  • Lot Sq Ft: 2075
  • Walls: Sheet Rock

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 42
  • Road Frontage: 20
  • Roof: Asphalt/Tar, Rubber

Utilities

  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Gas, Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Irregular: No
  • Lot Size Length: 103
  • Lot Size Width: 20
  • Zoning: R7A

Multi Family

  • Annual Gross Expense: 20450.00
  • Annual Gross Income: 120000
  • Insurance Expense: 3500.00
  • Property Net Operating Income: 99550.00
  • Unit Count: 3
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 10750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Oct 28, 2021
Sold by
866 Realty Llc
Bought by
Aez Investors Management Group Llc
Seller's Agent
Samuel Mizrahi
Sold Price
$1,200,000
Current Estimated Value
$1,324,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,283
Avg. Annual Appreciation
2.46%
Original Mortgage
$780,000
Outstanding Balance
$717,921
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,155

Purchase Details

Closed on
Apr 11, 2006
Sold by
Elman Kety
Bought by
866 Realty Llc
Source: Public Records

Range of Values:

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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
Aez Investors Management Group Llc $1,200,000 --
866 Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aez Investors Management Group Llc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $1,200,000 -- $300 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $10,687 $117,720 $19,020 $98,700
2024 $10,687 $109,620 $19,020 $90,600
2023 $10,195 $96,900 $19,020 $77,880
2022 $9,900 $92,160 $19,020 $73,140
2021 $10,130 $82,380 $19,020 $63,360
2020 $4,751 $64,860 $19,020 $45,840
2019 $9,276 $64,860 $19,020 $45,840
2018 $9,341 $41,832 $11,968 $29,864
2017 $8,425 $41,328 $12,682 $28,646
2016 $8,019 $40,112 $13,806 $26,306
2015 $4,702 $37,843 $15,579 $22,264
2014 $4,702 $36,951 $16,805 $20,146
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Samuel Mizrahi

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450326

Brooklyn Board of REALTORS®

APN: 05082-0042

New York Kings County Brooklyn 11226 Flatbush

866 Flatbush Ave, Brooklyn, NY

This home is located at 866 Flatbush Ave, Brooklyn, NY 11226 since 21 April 2021 and is currently estimated at $1,324,283, approximately $331 per square foot. This property was built in 1931. 866 Flatbush Ave is a home located in Kings County with nearby schools including P.S. 375 Jackie Robinson School, Middle School 246 Walt Whitman, and Success Academy Charter School-Flatbush.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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