NOT LISTED FOR SALE

253 Irving Ave Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $3,608,770

12 Beds
6.5 Baths
8,100 Sq Ft
$446/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $3,258,000 $402 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,252/month

138 Days on Market

Highlights

  • Gated Community
  • 4-minute walk to Knickerbocker Avenue (M Line)
  • Eat-In Kitchen
  • 3,750 Sq Ft lot
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of July 2019

Mix-Use Bldg That Features Laundromat ($7000 Rent), A Vacant 1500 Sf Storefront + 1500 Sf Basement (Projected Rent $3000/Mo), & 4 Free Market Apartments With 10 Ft Ceilings. The Building Received New Electrical And Plumbing Upgrades Recently. Each Unit Has Their Own Electric And Gas Meters. All Apartments Will Be Delivered Vacant (Proj. $3000/Apt). Projected Cap Rate =6.7%, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

Nelson Leong

Style And Haus NYC LLC Brokerage Phone: 718-428-6888 License #10491211489 Listed on: 07/27/2017

Co-Listed By

Minfeng Zhuang

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10401217670

Last Buyer's Agent

Nelson Leong

Style And Haus NYC LLC Brokerage Phone: 718-428-6888 License #10491211489 Listed on: 07/27/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,364

Year Built

  • Built in 1931

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 25 x 105

Home Design

  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Community Details

  • 4 Units
  • Gated Community

Listing and Financial Details

  • Exclusions: Dishwasher

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,364

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Quadruplex
  • Exclusions: Dishwasher
  • Year Built: 1931
  • Attribution Contact: 718-428-6888
  • Co List Office Mls Id: KEYARAK01
  • Co List Office Phone: 718-428-6888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished
  • Total Bedrooms: 12
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Gated
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25 X 105
  • Lot Size Sq Ft: 3750
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 9364

MLS Schools

  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
253 Irving Vrep Llc
Bought by
253 Irving Llc
Current Estimated Value
$3,608,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Outstanding Balance
$2,595,563
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,013,207

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jul 9, 2019
Sold by
Zheng Hb Family Realty Llc and Zheng Sb Realty Llc
Bought by
253 Irving Vrep Llc
Seller's Agent
Nelson Leong
Style And Haus NYC LLC
Buyer's Agent
Nelson Leong
Style And Haus NYC LLC
List Price
$3,950,000
Sold Price
$3,258,000
Premium/Discount to List
-$692,000
-17.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$735,684
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2018
Sold by
Zheng Hui Bin and Zheng Shao Bin
Bought by
Zheng Hb Family Realty Llc and Zheng Sb Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,513,369
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2017
Sold by
Zheng Hui Bin
Bought by
Zheng Hui Bin and Zheng Shao Bin

Purchase Details

Closed on
Aug 31, 2001
Sold by
East Associates Llc
Bought by
Zheng Hui Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
253 Irving Avenue Realty Inc
Bought by
East Associates Llc

Purchase Details

Closed on
Mar 9, 2000
Sold by
Mcneil Angelica and Mcneil Daniel
Bought by
Zolotarevsky David A and Zolotarevsky Dmitry
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
253 Irving Llc $3,900,000 --
253 Irving Vrep Llc $3,228,888 --
253 Irving Vrep Llc $3,228,888 --
Zheng Hb Family Realty Llc -- --
Zheng Hb Family Realty Llc -- --
Zheng Hui Bin -- --
Zheng Hui Bin -- --
Zheng Hui Bin -- --
Zheng Hui Bin -- --
East Associates Llc $320,000 Lawyers Title Insurance Corp
East Associates Llc $320,000 Lawyers Title Insurance Corp
Zolotarevsky David A -- --
Zolotarevsky David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 253 Irving Llc $2,600,000
Previous Owner 253 Irving Vrep Llc $607,029
Previous Owner 253 Irving Vrep Llc $735,684
Previous Owner Zheng Hb Family Realty Llc $1,513,369
Previous Owner Zheng Hui Bin $575,000
Previous Owner Zheng Hui Bin $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $3,258,000 -- --
07/12/2019 07/12/19 Sold $3,258,000 0.0% $402 / Sq Ft
04/17/2019 04/17/19 Off Market $3,258,000 -- --
01/17/2019 01/17/19 Price Changed $3,685,000 +1.0% $455 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $3,650,000 -7.6% $451 / Sq Ft
07/27/2017 07/27/17 For Sale $3,950,000 -- $488 / Sq Ft
Source: OneKey® MLS

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 $20,888 $726,300 $13,500 $712,800
2024 $20,888 $681,480 $13,500 $667,980
2023 $19,831 $567,900 $13,500 $554,400
2022 $14,752 $558,000 $13,500 $544,500
2021 $19,001 $657,450 $13,500 $643,950
2020 $14,251 $529,200 $13,500 $515,700
2019 $7,209 $529,200 $13,500 $515,700
2017 $9,239 $72,636 $2,576 $70,060
2016 $9,245 $71,709 $3,178 $68,531
2015 $3,984 $46,745 $21,947 $24,798
2014 $3,984 $43,283 $24,385 $18,898
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nelson Leong

    Style And Haus NYC LLC

    9 Total Sales

    Nelson Leong
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Minfeng Zhuang

    East Coast REALTORS Inc

See All Agents

Map

Source: OneKey® MLS

MLS Number: L2958598

OneKey® MLS

APN: 03301-0001

New York Kings County Brooklyn 11237 Bushwick

253 Irving Ave, Brooklyn, NY

This home is located at 253 Irving Ave, Brooklyn, NY 11237 since 27 July 2017 and is currently estimated at $3,608,770, approximately $445 per square foot. This property was built in 1931. 253 Irving Ave is a home located in Kings County with nearby schools including P.S. 86K The Irvington School, J.H.S. 162 The Willoughby, and Success Academy Charter School-Nyc 10.

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