NOT LISTED FOR SALE

964 Utica Ave Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $967,000 - $1,111,072

-- Bed
-- Bath
5,160 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $999,000 $194 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,517/month

About This Home

As of December 2021

Welcoming all investors! Here is an opportunity to earn just under a 6% cap in this 5 unit building plus commercial space. Located in the heart of East Flatbush. All tenants are month to month. Close to amenities, Kings County Hospital and public transportation via the B46/B7 buses and the 2 and 5 trains. This is a fantastic deal that will not last.

Co-Listed By

Michele Pollifrone-Hass

Coldwell Banker Reliable

Coldwell Banker Reliable

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,275

Lot Details

  • Lot Dimensions are 20 x 100
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Flooring

Listing and Financial Details

  • Tax Block 4721

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $70,800
  • Net Operating Income $53,600

Property Details

Property Type

Other

Est. Annual Taxes

$8,275

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1720
  • Building Length: 86.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118741
  • Co List Office Phone: (718) 921-3100
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Snyder Avenue
  • Cross Street Name2: Tilden Avenue
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 5
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5160
  • Building Stories: 3
  • Street Name I D X: Utica
  • Street Number I D X: 964
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 17
  • Roof: Flat

Utilities

  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 17200.00
  • Annual Gross Income: 70800
  • Property Net Operating Income: 53600.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 8275.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Dec 29, 2021
Sold by
Bain Family Trust and Janet Bain-Masiku As Trustee
Bought by
964 Utica Llc
Sold Price
$999,000
Current Estimated Value
$1,040,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,691
Avg. Annual Appreciation
0.32%

Purchase Details

Closed on
Aug 6, 2019
Sold by
Bain Roselyn V
Bought by
Bain Family Trust and Janet Bain-Masiku Trustee

Purchase Details

Closed on
May 29, 2008
Sold by
Bain Norris and Bain Roselyn
Bought by
Bain Roselyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Bain Enterprises Inc
Bought by
Bain Norris and Bain Roselyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
964 Utica Llc $999,000 --
Bain Family Trust -- --
Bain Roselyn -- --
Bain Roselyn -- --
Bain Norris -- United General Title Ins Co
Bain Norris -- United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 964 Utica Llc $1,800,000
Previous Owner Bain Roselyn $300,000
Previous Owner Bain Norris $134,000
Closed Bain Roselyn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $999,000 -- $194 / Sq Ft
07/08/2021 07/08/21 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 $9,036 $123,720 $20,700 $103,020
2024 $9,036 $106,500 $20,700 $85,800
2023 $8,819 $94,140 $20,700 $73,440
2022 $8,669 $77,040 $20,700 $56,340
2021 $8,626 $59,460 $20,700 $38,760
2020 $4,090 $39,480 $20,700 $18,780
2019 $7,843 $39,480 $20,700 $18,780
2018 $7,377 $36,187 $15,586 $20,601
2017 $7,377 $36,187 $15,924 $20,263
2016 $6,828 $34,156 $20,282 $13,874
2015 $4,117 $32,580 $22,980 $9,600
2014 $4,117 $31,242 $19,778 $11,464
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2021

    Michele Pollifrone-Hass

    Coldwell Banker Reliable

    (917) 797-5722

    1 in this area

    4 Total Sales

    Michele Pollifrone-Hass
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453674

Brooklyn Board of REALTORS®

APN: 04721-0018

New York Kings County Brooklyn 11203 East Flatbush

964 Utica Ave, Brooklyn, NY

This home is located at 964 Utica Ave, Brooklyn, NY 11203 since 08 July 2021 and is currently estimated at $1,040,691, approximately $201 per square foot. 964 Utica Ave is a home located in Kings County with nearby schools including Ps 135 Sheldon A Brookner, East Flatbush Community Research School, and Flatbush Sda School.

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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