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5423 Avenue North

5423 Avenue North, Brooklyn, NY 11234
Property in Flatlands
5423 Avenue North in Brooklyn, NY was first built in 1937 and is 87 years old. This has been categorized as a commercial property type. It is a single story home. The linear feet across the front of the lot is 291 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 1,744 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, 5423 Avenue North sold most recently in Dec 7, 2016 for a total of $575,000. If you work out the math, that's approximately a cost of $276.18 per sqft. 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 $7,321 in taxes each year. 5423 Avenue North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $72,900. If we break it down further, the land itself was valued at $17,550. Improvements to the property, however, were assessed at a total of $55,350. 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: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,744
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 291
  • Total Building Area: 2,082
  • Gross Building Area: 2,082
  • Building Area: 2,082
  • 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: 0.04
  • Standard Land Use Code: Retail/residential (mixed use)

Ownership

  • Current Owner : H & J REALITY LLC
  • Previous Owner : VECCHIONE LLC
  • Owner Before Previous Owner: SCALA LOUISE
  • 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: 069000

Zoning

  • Zoning: R3-2

Geography

  • Account Number: 3-07879-0001
  • District: 18
  • Section: 2310
  • Parcel: 07879-0001
  • Block: 7879
  • Lot: 1
  • Municipality: OLD MILL BASIN
  • Latitude: 40.6195
  • Longitude: -73.9222

    Address

  • Full Address: 5423 Avenue N
  • Address - House Number: 5423
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C005
  • 4-Digit Zip Code: 3911
  • Zip Code: 11234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,000
  • First Open Lien Mortgage Lender: HABIB AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Dec 16, 2016
  • First Open Lien Mortgage Loan Amount: $357,000
  • 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: Dec 16, 2046

    Market Valuation

  • Market Total Value: $162,000
  • Market Land Value: $39,000
  • Market Improvement Value: $123,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,900
  • Assessed Land Value: $17,550
  • Assessed Improvements Value: $55,350

    Sales

  • Current Sale Contract Date: Dec 07, 2016
  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Transaction ID: 1889844206
  • Current Sale Price: $575,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016000445183
  • Previous Sale Recording Date: May 16, 2002
  • Previous Sale Contract Date: Mar 27, 2002
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HABIB AMERICAN BANK
  • First Mortgage Transaction Date: Dec 16, 2016
  • First Mortgage Loan Amount: $357,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Southeastern Brooklyn



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Nearby Rentals

Unit for rent at 1464 East 53rd Street, Brooklyn, NY, 11234

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
1464 East 53rd Street, Brooklyn, NY, 11234 Listing by Petal Van Rossum

Frequently Asked Questions

What neighborhood is 5423 Avenue North located in?
The 5423 Avenue North is a located in the neighborhood of Flatlands in Southeastern Brooklyn, Brooklyn.
What is the average sales price for listings in 5423 Avenue North?
The average sales price for units in 5423 Avenue North is $0 currently.

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