NOT LISTED FOR SALE

Estimated Value: $1,599,000 - $2,211,000

Studio
3 Baths
2,600 Sq Ft
$707/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,750,000 $673 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,260/month

Highlights

  • Wood Flooring
  • Attached Garage
  • Heating System Uses Steam
  • P.S. 105 The Blythebourne Rated A-
  • Cooling Available
  • Laundry Facilities

About This Home

As of September 2019

The epitome of prudent real estate investment in its most prolific and absolute form. This semi-detached 2 family brick property encompasses every attribute a real estate investor strives to attain. Situated one short block from the vibrant and dynamic 8th Avenue Sunset Park business district where every imaginable convenience will be your beck and call. First floor unit features an enormous living room, dining room, kitchen, 2 bedrooms and a full bathroom. Second floor unit features an enormous living room, dining room, kitchen, 3 bedrooms, full bathroom and a large outdoor terrace for relaxation. Basement is fully finished and can be utilized as a family room, man/woman cave or reconfigured to your liking. Property boasts an R6 Zoning with an FAR of 3.0 which equates to 7212 buildable square feet. Please consult with a licensed architect for precise and accurate FAR usage. This property along with all its attributes and incredible potential can only be described as an absolute must have in any real estate portfolio!!!

Last Agent to Sell the Property

Michael Napolitano

RE/MAX Edge License #30NA0923110 Listed on: 04/23/2019

RE/MAX Edge

Last Buyer's Agent

Michael Napolitano

RE/MAX Edge License #30NA0923110 Listed on: 04/23/2019

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,023

Year Built

  • Built in 1925

Lot Details

  • 2,404 Sq Ft Lot
  • Lot Dimensions are 100 x 24
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Shared Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5694

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,023

Year Built

Built in 1925

Lot Details

2,404 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 9th Avenue
  • Cross Street Name2: Fort Hamilton Parkway
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Built-In Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer, Window Treatments
  • Fill Sq Ft Total: 2600
  • Building Stories: 2
  • Street Name I D X: 58
  • Building Style: Other
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2404

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 54
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 7023.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Sep 27, 2019
Sold by
Estate Of Renee Becker
Bought by
Jiang Da Yun and Zheng Xiu E
Seller's Agent
Michael Napolitano
RE/MAX Edge
Buyer's Agent
Michael Napolitano
RE/MAX Edge
Sold Price
$1,750,000
Current Estimated Value
$1,838,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,103
Avg. Annual Appreciation
0.77%
Original Mortgage
$780,000
Outstanding Balance
$683,319
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,154,784
Source: Public Records

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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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
Jiang Da Yun $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Da Yun $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $1,750,000 -- $673 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
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 $9,835 $92,940 $26,160 $66,780
2024 $9,835 $79,560 $26,160 $53,400
2023 $9,692 $80,820 $26,160 $54,660
2022 $9,012 $84,180 $26,160 $58,020
2021 $9,426 $91,080 $26,160 $64,920
2019 $7,877 $81,240 $26,160 $55,080
2018 $7,448 $39,770 $12,350 $27,420
2017 $7,023 $37,621 $12,997 $24,624
2016 $6,840 $37,324 $14,175 $23,149
2015 $3,842 $36,045 $15,802 $20,243
2014 $3,842 $34,006 $15,469 $18,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 429214

Brooklyn Board of REALTORS®

APN: 05694-0054

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