NOT LISTED FOR SALE

9429 5th Ave Brooklyn, NY 11209

Fort Hamilton Neighborhood

Estimated Value: $2,137,805

Studio
-- Bath
-- Sq Ft
-- Built

Last Sold August 01, 2018

Last sale price $1,800,000

Est. 19% increase in value since last sale

Current estimated payment $12,058/month

158 Days on Market

About This Home

As of August 2018

Mixed use building with store plus 2 family.*** Shown ONLY by Appointment (please don't disturb tenants)*** Ground level occupied by Grocery store tenant with lease for 3 more years. 2nd floor: 3 bedroom unit $2,000 NO Lease. 3 rd floor: 3 bedrooms unite $1,900 Leased till 12-31-2021 with increase $100 in 2019. Busy 5ht avenue location . Zoned:R6A, C2-3, BR. Building: 17'x60'. Lot : 17'x100'. FAR:3. Additional Air Rights : 2,152 sq.f. Upgrades: Water heater 2017, New Windows 2016, New Boiler 2014,Roof 2105.Annual Exp. $16.126. Annual Gross Rent: $92,400. NOI $76,274. Conveniently located near : R train, Bus B8, BMW of Brooklyn, Staples,Verrazano Bridge, St. Patrick academy, PS/IS 104, Restaurants, Shopping, Fitness centers etc....

Property Details

Home Type

  • Apartment

Community Details

  • 3 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 0003 / 06118

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 3

Tax Info

  • Tax Block: 06118
  • Tax Lot: 0003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Aug 1, 2018
Sold by
Joseph And Grace Zambito Trust and Louis Zambito As Co-Trustee
Bought by
9429 Realty Corporation
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$2,137,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,805
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Apr 10, 2001
Sold by
Zambito Joseph and Zambito Joseph
Bought by
Zambito Joseph
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 Buyer Sale Price Title Company
9429 Realty Corporation $1,800,000 --
9429 Realty Corporation $1,800,000 --
9429 Realty Corporation $1,800,000 --
Zambito Joseph -- --
Zambito Joseph -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $1,800,000 0.0% --
07/02/2018 07/02/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $1,800,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $10,691 $71,280 $22,380 $48,900
2024 $10,691 $72,360 $22,380 $49,980
2023 $10,198 $74,040 $22,380 $51,660
2022 $9,622 $78,960 $22,380 $56,580
2021 $9,970 $72,900 $22,380 $50,520
2019 $9,279 $89,220 $22,380 $66,840
2018 $8,530 $41,847 $12,598 $29,249
2017 $8,048 $39,480 $12,739 $26,741
2016 $7,892 $39,480 $15,292 $24,188
2015 $4,492 $39,181 $16,721 $22,460
2014 $4,492 $36,964 $16,794 $20,170
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10102990

Real Estate Board of New York (REBNY)

APN: 06118-0003

New York Kings County Brooklyn 11209 Fort Hamilton

9429 5th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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