NOT LISTED FOR SALE

Estimated Value: $744,000 - $820,000

4 Beds
3 Baths
1,536 Sq Ft
$514/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2024

Last sale price $785,000 $511 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,982 / mo

Highlights

  • 5,680 Sq Ft lot
  • Wood Flooring
  • Back, Front, and Side Yard
  • P.S. 114 Ryder Elementary School Rated 9+
  • 6 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of October 2024

We are pleased to exclusively represent the sale of this extraordinary property in Canarsie Brooklyn. This site is home to a detached 2-family frame house with a detached 2 car garage. Even more attractive is the lot size of 5680 sq/f, a rare find in Brooklyn with yard space of more than 3600 sq/f, providing ample space for outdoor activities and relaxation. It's not often access to such a property in NYC that is perfectly priced taking into consideration the:
-End-user: the buyer who can live, grow and have a rental unit to offset the mortgage. The garage and yard size are just icing on the cake.
-Investor: the buyer who can rent both units, garage space, yard space and hold onto this property while this rapidly growing community increases in value to later take advantage of the zoning which is currently R4-1.
-Developers: The buyer who looks at the future and best use for a 42×120 lot that is priced taking into consideration land value and cost of demo. Zoned as an R4-1 this site enjoys the option of a zero-lot line building. The FAR is .75 for residential and increase to an FAR of 2 with an added community facility in the plans for a total build-out of 4200 sq/f, almost 3 times the building on the site. Do the math, what can you see there, a 4 family, boutique condo or a SFR classified as a Large Suburban Residence.
-In any of the above scenarios the buyer with foresight will understand and translate the current and future value of this property in its as is condition. That as is condition is detached 2-family frame house containing 2 bedrooms and one bath on both floors along with a finished basement with one bathroom, 2 car garage with a huge yard. The property is mortgageable and ready for its next chapter. We welcome all to this exciting opportunity.

Last Agent to Sell the Property

Andy Sarrazin

Sarrazin Estates LTD Listed on: 04/18/2024

Last Buyer's Agent

NON MEMBER

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1920

Lot Details

  • 5,680 Sq Ft Lot
  • Lot Dimensions are 142 x 40
  • Back, Front, and Side Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Car Detached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,138

Year Built

Built in 1920

Lot Details

5,680 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Remsen Av
  • Cross Street Name2: East 92nd St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • 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: Refrigerator, Stove
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 1536
  • Building Stories: 2
  • Street Name I D X: Bedell
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 5680

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 33
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 142
  • Lot Size Width: 40
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 6138.00

Multi Family

  • Unit Count: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 9, 2024
Sold by
Estate Of Alpin D Sancho and Estate Of Alpin David Sancho
Bought by
Seller's Agent
Andy Sarrazin
Sarrazin Estates LTD
Buyer's Agent
NON MEMBER
List Price
$859,000
Sold Price
$785,000
Premium/Discount to List
-$74,000
-8.61%
Views
36
Current Estimated Value
$789,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,555
Avg. Annual Appreciation
0.30%
Original Mortgage
$770,781
Outstanding Balance
$755,689
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,866

Purchase Details

Closed on
Aug 1, 1996
Sold by
Finocchiaro Leonarda
Bought by
Sancho Alpin D and Sancho Andrea P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Canarsie, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 --
Sancho Alpin D $187,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $770,781
Previous Owner Sancho Alpin D $122,000
Previous Owner Sancho Alpin D $60,000
Previous Owner Sancho Alpin D $192,609
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $785,000 -8.6% $511 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $859,000 -- $559 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,766 $52,200 $18,720 $33,480
2025 $7,766 $44,460 $18,720 $25,740
2024 $7,766 $44,160 $18,720 $25,440
2023 $6,138 $53,520 $18,720 $34,800
2022 $5,558 $45,480 $18,720 $26,760
2021 $5,258 $38,520 $18,720 $19,800
2019 $6,541 $35,340 $18,720 $16,620
2018 $5,985 $30,820 $12,203 $18,617
2017 $5,628 $29,077 $16,435 $12,642
2016 $5,174 $27,432 $13,394 $14,038
2015 $3,089 $27,432 $12,668 $14,764
2014 $3,089 $27,225 $15,093 $12,132
Source: Public Records

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 481415

Brooklyn Board of REALTORS®

APN: 08141-0033

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