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179 Avenue South

179 Avenue South, Brooklyn, NY 11223
Property in Gravesend
Sold Jan 28, 2014
$763,000
Buyer
Sold Aug 29, 2012
$345,000
$310,000 by Jg Funding Corp.
Mortgage
Local assessors in Brooklyn, NY have categorized 179 Avenue South as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 2,800 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 280 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 179 Avenue South sold most recently in Jan 23, 2014 for a total of $763,000. If you work out the math, that's approximately a cost of $400.31 per sqft. Before that, the property was also sold for $345,000 in Aug 13, 2012. 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 $9,217 in taxes each year. The initial year of tax delinquency occurred in 2018. 179 Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $79,920. If we break it down further, the land itself was valued at $16,680. Improvements to the property, however, were assessed at a total of $63,240. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2012
  • 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: 2,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,906
  • Gross Building Area: 1,906
  • Building Area: 1,906
  • 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: 0.064
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : PAN FENG
  • Previous Owner : KATZBOURG SARA
  • Owner Before Previous Owner: BALZAM SHAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 040800

Zoning

  • Zoning: R5B

Geography

  • Account Number: 3-06674-0045
  • District: 11
  • Section: 2005
  • Parcel: 06674-0045
  • Block: 6674
  • Lot: 45
  • Municipality: GRAVESEND
  • Latitude: 40.6013
  • Longitude: -73.979

    Address

  • Full Address: 179 Avenue S
  • Address - House Number: 179
  • Street Segment Direction: S
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C008
  • 4-Digit Zip Code: 2634
  • Zip Code: 11223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,217
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 1,180,673
  • High Value: 1,492,650
  • Low Value: 868,696

    Market Valuation

  • Market Total Value: $1,332,000
  • Market Land Value: $278,000
  • Market Improvement Value: $1,054,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,920
  • Assessed Land Value: $16,680
  • Assessed Improvements Value: $63,240

    Sales

  • Current Sale Contract Date: Jan 23, 2014
  • Current Sale Recording Date: Jan 28, 2014
  • Current Sale Transaction ID: 1123160590
  • Current Sale Price: $763,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014000034605
  • Previous Sale Recording Date: Aug 29, 2012
  • Previous Sale Contract Date: Aug 13, 2012
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jan 28, 2014
  • First Mortgage Loan Amount: $343,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: JG FUNDING CORP.
  • Previous Mortgage Transaction Date: Aug 29, 2012
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Southern Brooklyn



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Frequently Asked Questions

What neighborhood is 179 Avenue South located in?
The 179 Avenue South is a located in the neighborhood of Gravesend in Southern Brooklyn, Brooklyn.
What is the average sales price for listings in 179 Avenue South?
The average sales price for units in 179 Avenue South is $0 currently.

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