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1015 Avenue North

1015 Avenue North, Brooklyn, NY 11230
Property in Ocean Parkway
1015 Avenue North in Brooklyn, NY was first built in 1928 and is 96 years old. This has been categorized as a commercial property type. There are a total of 4 floors. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1015 Avenue North sold most recently in Jul 16, 2009 for a total of $5,400,000. If you work out the math, that's approximately a cost of $171.97 per sqft. Before that, the property was also sold for $1,837,500 in Nov 15, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $176,991 in taxes each year. 1015 Avenue North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,415,700. If we break it down further, the land itself was valued at $256,050. Improvements to the property, however, were assessed at a total of $1,159,650. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 4
  • Living Units: 43
  • Business/Commerical Units Count: 38
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 31,400
  • Gross Building Area: 31,400
  • Building Area: 31,400
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.23
  • Standard Land Use Code: Retail/residential (mixed use)

Ownership

  • Current Owner : RIZARO AVENUE N LLC
  • Previous Owner : KETORET HOLDINGS LLC
  • Owner Before Previous Owner: GAMIL JOEL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 045400

Zoning

  • Zoning: R6

Geography

  • Account Number: 3-06573-0043
  • District: 12
  • Section: 2002
  • Parcel: 06573-0043
  • Block: 6573
  • Lot: 43
  • Municipality: MIDWOOD
  • Latitude: 40.6154
  • Longitude: -73.9638

    Address

  • Full Address: 1015 Avenue N
  • Address - House Number: 1015
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C034
  • 4-Digit Zip Code: 5810
  • Zip Code: 11230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $176,991

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,582,813
  • First Open Lien Mortgage Lender: PEOPLES UNITED BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2013
  • First Open Lien Mortgage Loan Amount: $660,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 21, 2043
  • Second Open Lien Mortgage Lender: NEW YORK COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Mar 07, 2018
  • Second Open Lien Mortgage Loan Amount: $922,163
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Mar 07, 2048

    Market Valuation

  • Market Total Value: $3,146,000
  • Market Land Value: $569,000
  • Market Improvement Value: $2,577,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,415,700
  • Assessed Land Value: $256,050
  • Assessed Improvements Value: $1,159,650

    Sales

  • Current Sale Contract Date: Jul 16, 2009
  • Current Sale Recording Date: Jul 24, 2009
  • Current Sale Transaction ID: 1104193308
  • Current Sale Price: $5,400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009000229275
  • Previous Sale Recording Date: Feb 17, 2000
  • Previous Sale Contract Date: Nov 15, 1999
  • Previous Sale Amount: $1,837,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROVT, ALEX
  • First Mortgage Transaction Date: Jul 24, 2009
  • First Mortgage Loan Amount: $307,208
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: THE DIME SVGS BANK OF WILLIAMS
  • Previous Mortgage Transaction Date: Feb 17, 2000
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $708,302
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 1015 Avenue North located in?
The 1015 Avenue North is a located in the neighborhood of Ocean Parkway in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 1015 Avenue North?
The average sales price for units in 1015 Avenue North is $0 currently.

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