G
Seller's Agent in 2023
Gui Rong Chen
Ben Bay Rlty Co of Ave U LLC
(917) 855-8569
4 in this area
20 Total Sales
314 39th St Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated Value: $2,152,875
--
Bed
--
Bath
3,960
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- Back Yard
About This Home
As of March 2023Excellent investment and development opportunity. Corner three-story mixed-use building. It is located between 3rd and 4th Avenue in the heart of Sunset Park right across from Costco. The building features a retail store along with 4 bedrooms and 1 bathroom on the 2nd and 3rd units. The first-floor retail is responsible for 33.3% of the annual tax and water expense. Transportation, restaurants, and schools are all within close proximity. With a total income of $144,000 annually, it is perfect for investment.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,025
Year Built
- Built in 1970
Lot Details
- Lot Dimensions are 100 x 25
- Back Yard
- Property is zoned M1-2
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
Flooring
- Wood
- Ceramic Tile
Parking
- 4 Parking Spaces
- Carport
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2022
Closed on
Mar 8, 2023
Sold by
Tapia Elies - Adrian
Bought by
314 39Th St Llc
Seller's Agent
Gui Rong Chen
Ben Bay Rlty Co of Ave U LLC
Buyer's Agent
Maria Castellano
List Price
$2,799,000
Sold Price
$2,000,000
Premium/Discount to List
-$799,000
-28.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,875
Avg. Annual Appreciation
3.14%
Original Mortgage
$1,700,000
Outstanding Balance
$1,659,527
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,474
Purchase Details
Closed on
Oct 5, 2010
Sold by
Tapia Kimberly-Adahaney
Bought by
Tapia Elies-Adrian
Purchase Details
Closed on
Oct 19, 2005
Sold by
Morales Norberto
Bought by
Tapia Kimberly A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 314 39Th St Llc | $2,000,000 | -- | |
| 314 39Th St Llc | $2,000,000 | -- | |
| Tapia Elies-Adrian | -- | -- | |
| Tapia Elies-Adrian | -- | -- | |
| Tapia Kimberly A | -- | -- | |
| Tapia Kimberly A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 314 39Th St Llc | $1,700,000 | |
| Closed | 314 39Th St Llc | $1,700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2023 03/08/23 | Sold | $2,000,000 | -9.0% | $505 / Sq Ft |
| 10/17/2022 10/17/22 | Price Changed | $2,199,000 | -21.4% | $555 / Sq Ft |
| 09/27/2022 09/27/22 | For Sale | $2,799,000 | -- | $707 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,797 | $537,840 | $180,450 | $357,390 |
| 2023 | $4,442 | $672,300 | $180,450 | $491,850 |
| 2022 | $4,025 | $660,600 | $180,450 | $480,150 |
| 2021 | $3,737 | $603,900 | $180,450 | $423,450 |
| 2020 | $3,737 | $586,350 | $180,450 | $405,900 |
| 2019 | $3,723 | $488,700 | $180,450 | $308,250 |
| 2018 | $3,476 | $27,332 | $12,111 | $15,221 |
| 2017 | $3,219 | $25,308 | $11,883 | $13,425 |
| 2016 | $3,021 | $23,435 | $12,141 | $11,294 |
| 2015 | $1,961 | $23,435 | $13,143 | $10,292 |
| 2014 | $1,961 | $22,707 | $15,278 | $7,429 |
Source: Public Records
Agents Affiliated with this Home
-
Gui Rong Chen
-
Yifei Zhao
Y
Seller Co-Listing Agent in 2023
Yifei Zhao
Re Max Team
(917) 920-0068
4 in this area
16 Total Sales
-
M
Buyer's Agent in 2023
Maria Castellano
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 466978
APN: 00708-0011
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