$1,750,000
SOLD MAR 23, 2026
-- Bed
-- Bath
3,420 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: March 23, 2026

$512 Per Sq Ft

20% Below List Price

Highlights

  • Wood Flooring
  • 1-minute walk to Fort Hamilton Parkway (D,M Line)
  • Back Yard
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam
  • 3-minute walk to Brizzi Playground

About This Home

As of March 2026

This rare-find mixed-use brick building is ideally situated in the highly sought-after prime Boro Park neighborhood. The property consists of 1 commercial unit and 2 residential apartments. The ground floor features a storefront with a lease that is set to expire soon, offering potential for owner use or new tenancy. The second floor offers a spacious, vacant 4-bedroom apartment, while the top floor features another vacant 4-bedroom apartment with two full bathrooms. The building measures 20 feet by 57 feet and sits on a 20 by 80-foot lot, with an annual property tax of $8,443.

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 06/10/2025

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 06/10/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,443

Year Built

  • Built in 1930

Lot Details

  • 1,598 Sq Ft Lot
  • Lot Dimensions are 79 x 20
  • Back Yard
  • Property is zoned R6

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5614

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $6,000
  • Utility Expense $600
  • Gross Income $111,600

Property Details

Property Type

Other

Est. Annual Taxes

$8,443

Year Built

Built in 1930

Lot Details

1,598 Sq Ft Lot

Listing Details

  • Basement Amenities: Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Length: 57.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: New Utrecht Av
  • Cross Street Name2: 46th St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3420
  • Building Stories: 3
  • Street Name I D X: 11th
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Lot Sq Ft: 1598

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 79
  • Lot Size Width: 20
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 25043.00
  • Annual Gross Income: 111600
  • Insurance Expense: 6000.00
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 8443.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Mar 17, 2026
Sold by
Estate Of Ioanna Vavasis and Peter Vavasis Executor
Bought by
4518 Holdings Llc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Outstanding Balance
$1,430,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,430,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 Sold $1,750,000 -10.3% $512 / Sq Ft
09/23/2025 09/23/25 Price Changed $1,950,000 -4.9% $570 / Sq Ft
08/25/2025 08/25/25 Price Changed $2,050,000 -6.8% $599 / Sq Ft
06/10/2025 06/10/25 For Sale $2,200,000 -- $643 / Sq Ft
06/10/2025 06/10/25 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 $8,443 $97,440 $15,060 $82,380
2024 $8,443 $92,520 $15,060 $77,460
2023 $8,054 $89,520 $15,060 $74,460
2022 $7,966 $82,140 $15,060 $67,080
2021 $8,210 $76,020 $15,060 $60,960
2019 $7,035 $71,220 $15,060 $56,160
2018 $6,737 $33,048 $8,124 $24,924
2017 $6,663 $32,688 $8,618 $24,070
2016 $6,535 $32,688 $10,346 $22,342
2015 $3,719 $30,943 $11,750 $19,193
2014 $3,719 $29,192 $13,298 $15,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 493370

Brooklyn Board of REALTORS®

APN: 05614-0067

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