NOT LISTED FOR SALE

Estimated Value: $1,720,608 - $2,180,000

-- Bed
3 Baths
2,856 Sq Ft
$650/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,610,000 $564 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,927/month

Highlights

  • 4,000 Sq Ft lot
  • Colonial Architecture
  • Fenced Yard
  • Junior High School 259 William McKinley Rated A
  • Wood Flooring
  • 6 Car Detached Garage

About This Home

As of May 2021

Supersized (21' x 68') Detached 2 Family Brick on a 40 x 100 Lot With A Private Driveway!!!



It simply doesn't get better then this one!! This fully detached, full brick gem is located on a quite tree lined block, on a 4,000 sq. ft. lot. The private driveway which can fit 4+ cars leads to a two car garage at the rear. The side yard and rear patio area are spacious and offers great space for entertaining. The building is specd 21' x 68' which is very rare and very desirable. The apartments are tremendous in size and currently configured as three bedroom apartments with a formal living room, formal dining room, and a large eat-in kitchen. There is plenty of space to add an additional bathroom on each floor. The finished basement largely above grand and is essentially a third apartment with tall windows and plenty of air and light.

This is one of the most sough after location in the local market with its walking distance to the 8 Avenue/Sunset Park commercial and retail district. Public transportation and highway access are minutes away, while having access to great schools, super markets, and great selection of restaurants and house of worships to boot.

This is price to sell and will not last. Show and Sell!

Last Agent to Sell the Property

Alan Ng

RE/MAX Real Estate Professionals License #10301207524 Listed on: 02/08/2021

RE/MAX Real Estate Professionals

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,590

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Fenced Yard
  • Back, Front, and Side Yard
  • Garden

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5877

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,590

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1428
  • Building Length: 68.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Fort Hamilton Parkway
  • Cross Street Name2: 8th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Patio Garden, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 2856
  • Building Stories: 2
  • Street Name I D X: 70th
  • Street Number I D X: 875
  • Building Style: Colonial
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back, Front, Side, Fenced - Full
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 65
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R4-1

Multi Family

  • Insurance Expense: 1200.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 11590.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 24, 2021
Sold by
Fiorillo Susan and Sbordone Steven
Bought by
Chen Xinhui
Seller's Agent
Alan Ng
RE/MAX Real Estate Professionals
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
Sold Price
$1,610,000
Current Estimated Value
$1,855,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,152
Avg. Annual Appreciation
3.29%
Original Mortgage
$885,000
Outstanding Balance
$799,510
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,055,642

Purchase Details

Closed on
Jul 5, 2019
Sold by
Sbordone Thomas J and The Paulette Sbordone Irrevoca
Bought by
Fiorillo Susan and Sbordone Steven

Purchase Details

Closed on
Mar 24, 2017
Sold by
Sbordone Paulette
Bought by
The Paulette Sbordone Irrevocable Trust and Thomas J Sbordone As Trustee
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
Chen Xinhui $1,610,000 --
Fiorillo Susan -- --
The Paulette Sbordone Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xinhui $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $1,610,000 -- $564 / Sq Ft
02/08/2021 02/08/21 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 $12,634 $109,740 $26,700 $83,040
2024 $12,634 $103,680 $26,700 $76,980
2023 $12,250 $109,260 $26,700 $82,560
2022 $12,041 $97,380 $26,700 $70,680
2021 $12,285 $93,420 $26,700 $66,720
2020 $8,664 $93,660 $26,700 $66,960
2019 $9,302 $93,660 $26,700 $66,960
2018 $8,609 $50,263 $11,668 $38,595
2017 $9,012 $50,263 $15,500 $34,763
2016 $8,520 $48,646 $16,938 $31,708
2015 $4,938 $45,895 $20,838 $25,057
2014 $4,938 $43,683 $16,859 $26,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 448266

Brooklyn Board of REALTORS®

APN: 05877-0065