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120 Avenue North

120 Avenue North, Brooklyn, NY 11230
Property in Ocean Parkway
Sold Oct 03, 1997
$180,000
120 Avenue North has been categorized by the local assessors in Brooklyn, NY as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 2,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 120 Avenue North was last sold in Aug 13, 1997 for $180,000. According to our calculations, that's $118.11 per sqft. Current property owners are expected to pay $6,195 in taxes per year. The property on 120 Avenue North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $62,940. To break that down further, the land itself was valued at $16,440. While improvements to the property were assessed at a total of $46,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Duplex
  • Floor Count: 3
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • 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: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : NAN JI HUA
  • Current Owner 2: PAN CHUI NAN
  • Previous Owner : NG YUK KING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 044000

Zoning

  • Zoning: R5

Geography

  • Account Number: 3-06583-0008
  • District: 12
  • Section: 2002
  • Parcel: 06583-0008
  • Block: 6583
  • Lot: 8
  • Municipality: MIDWOOD
  • Latitude: 40.6139
  • Longitude: -73.9732

    Address

  • Full Address: 120 Avenue N
  • Address - House Number: 120
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C026
  • 4-Digit Zip Code: 5507
  • Zip Code: 11230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,195

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,454,018
  • High Value: 1,824,905
  • Low Value: 1,083,131

    Market Valuation

  • Market Total Value: $1,049,000
  • Market Land Value: $274,000
  • Market Improvement Value: $775,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,940
  • Assessed Land Value: $16,440
  • Assessed Improvements Value: $46,500

    Sales

  • Current Sale Contract Date: Aug 13, 1997
  • Current Sale Recording Date: Oct 03, 1997
  • Current Sale Transaction ID: 1116072833
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARINE MIDLAND MTG CORP
  • First Mortgage Transaction Date: Oct 03, 1997
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2027

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 120 Avenue North located in?
The 120 Avenue North is a located in the neighborhood of Ocean Parkway in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 120 Avenue North?
The average sales price for units in 120 Avenue North is $0 currently.

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