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1320 Avenue North

1320 Avenue North, Brooklyn, NY 11230
Property in Midwood
Sold Aug 07, 2019
$1,370,500
$890,825
Mortgage Due Aug 07, 2049
Sold Feb 15, 2012
$650,000
$155,000 by David Shain As Trustee
Mortgage
1320 Avenue North in Brooklyn, NY was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 1320 Avenue North has 2,640 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 280 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 2,800 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Jul 30, 2019 for $1,370,500. That's $519.13 per sqft. Prior to that sales transaction, the property was also sold in Feb 2, 2012 for $650,000. 1320 Avenue North was last assessed in 2023. The total value of the property was assessed at $95,040. Specifically, the land the property is located on was valued at $23,340. While improvements on the property were assessed at a total of $71,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,100. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 280
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,640
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.064
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : 1320 AVENUE N HOLDINGS LLC
  • Previous Owner : COHEN YOCHANAN
  • Owner Before Previous Owner: DAVID SHAIN AS TRUSTEE
  • 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: 054200

Zoning

  • Zoning: R5B

Geography

  • Account Number: 3-06751-0008
  • District: 14
  • Section: 2007
  • Parcel: 06751-0008
  • Block: 6751
  • Lot: 8
  • Municipality: MIDWOOD
  • Latitude: 40.6153
  • Longitude: -73.9607

    Address

  • Full Address: 1320 Avenue N
  • Address - House Number: 1320
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C013
  • 4-Digit Zip Code: 5906
  • Zip Code: 11230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,100

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,555,820
  • High Value: 1,959,038
  • Low Value: 1,152,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $890,825
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $890,825
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2049

    Market Valuation

  • Market Total Value: $1,584,000
  • Market Land Value: $389,000
  • Market Improvement Value: $1,195,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,040
  • Assessed Land Value: $23,340
  • Assessed Improvements Value: $71,700

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11631945587
  • Current Sale Price: $1,370,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019000250344
  • Previous Sale Recording Date: Feb 15, 2012
  • Previous Sale Contract Date: Feb 02, 2012
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $890,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: DAVID SHAIN AS TRUSTEE
  • Previous Mortgage Transaction Date: Feb 15, 2012
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 1320 Avenue North located in?
The 1320 Avenue North is a located in the neighborhood of Midwood in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 1320 Avenue North?
The average sales price for units in 1320 Avenue North is $0 currently.

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