Owner
$240,950
1275 E 51ST ST APT 3F, BROOKLYN, NY
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
0
sq. ft.
149,520
property type
Cooperative Unit (Residential)
hoa
No
About
Residential
Gross Area
Garage
6 Stories
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1965
Building Size
149,520 sq ft
Lot Size
59,242 sq ft
Lot Size (Acres)
1.36 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
07777-00263F
County
Kings County, NY
Metro Area
New York-Newark-Jersey City, NY-NJ
Zoning
R5
Neighborhood/Subdivision
—
Lot Number
26
School District
New York City Department Of Education
Legal Description
—
Tax & Value Information
Market Value (Total)
$9,283,000
Building Value
$7,507,000
Land Value
$1,776,000
Annual Property Tax
—
Tax Assessment Year
2024
Assessed Value
$0
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
9/6/2019
Recording Date
9/12/2019
Sales Document #
2019.295200
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$9,323
Return on Investment
15.60%
After Repair Value
$265,045
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$216,855
Renovation Cost
$12,048
Closing Costs (buying)
$4,337
Holding Costs
$6,579
Selling Costs
$15,903
Total Investment
$59,756
After Repair Value (ARV)
$265,045
Total Costs
$255,722
Estimated Profit
$9,323
Cash Invested
$55,419
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area