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311 Avenue North

311 Avenue North, Brooklyn, NY 11230
Property in Ocean Parkway
Sold Aug 30, 2021
Transfer
Sold Apr 11, 2014
$900,000
$426,000
Mortgage
311 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 2 stories. In addition, 311 Avenue North has 4,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. Prior to that sales transaction, the property was sold for $900,000 in Mar 28, 2014. Current property owners are expected to pay $12,794 in taxes per year. The property on 311 Avenue North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,560. To break that down further, the land itself was valued at $29,520. While improvements to the property were assessed at a total of $95,040. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: Triplex
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 4,080
  • Gross Building Area: 4,080
  • Building Area: 4,080
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.069
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : BAREKET FAMILY IRREVOCABLE TRUST
  • Previous Owner : BAREKET DAVID
  • Previous Owner 2: BAREKET PAULA
  • Owner Before Previous Owner: SALEM SAM

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 044400

Zoning

  • Zoning: R5

Geography

  • Account Number: 3-06566-0048
  • District: 12
  • Section: 2002
  • Parcel: 06566-0048
  • Block: 6566
  • Lot: 48
  • Municipality: MIDWOOD
  • Latitude: 40.6145
  • Longitude: -73.9715

    Address

  • Full Address: 311 Avenue N
  • Address - House Number: 311
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C026
  • 4-Digit Zip Code: 5510
  • Zip Code: 11230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,794

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 2,119,828
  • High Value: 2,660,548
  • Low Value: 1,579,108

    Market Valuation

  • Market Total Value: $2,076,000
  • Market Land Value: $492,000
  • Market Improvement Value: $1,584,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,560
  • Assessed Land Value: $29,520
  • Assessed Improvements Value: $95,040

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11853183399
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021000343010
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Mar 28, 2014
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 11, 2014
  • Previous Mortgage Loan Amount: $426,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 311 Avenue North located in?
The 311 Avenue North is a located in the neighborhood of Ocean Parkway in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 311 Avenue North?
The average sales price for units in 311 Avenue North is $0 currently.

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