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71 Montrose Avenue

71 Montrose Avenue, Brooklyn, NY 11206
Commercial in East Williamsburg
1 Unit
1 Units For Sale
Unit for sale at 71 Montrose Avenue, East Williamsburg, NY 11206

$4,500,000 ↑ $800K

  • Commercial
71 Montrose Avenue, East Williamsburg, NY 11206 Listing by Marek Sobolewski

The building on the property was first built in 1920 and is 104 years old. The building has a total of 4 stories. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 25 ft.

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. As a result of that assessment, the total value of the property was placed at $276,750. To break that down further, the land itself was valued at $45,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190917
09/17/2019
Studio
-
-
$3,495,000
bedrooms
Studio
bathrooms
-
-
-
-
Andrew Bronsteen
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES INC

Building Info

Overview

    General

  • Year Built: 1920
  • First Altered Year: 1997
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 1
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 2,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25
  • Building Depth: 100
  • Building Frontage: 25
  • Gross Building Area: 7,000

    Building Floor Area

  • Commercial Building Floor Area: 7,000
  • Factory Building Floor Area: 7,000

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: E1
  • Lot Type: 5
  • Land Use: 06
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 301
  • City Council District: 34
  • Police Precinct: 90
  • Fire Company: L108
  • Health Area: 1500
  • Sanitation District Borough: 3
  • Sanitation Subsection: 5B
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3050
  • Lot: 30
  • Borough Block Lot: 3030500030

    Address

  • Full Address: 71 Montrose Avenue
  • Zip Code: 11206

Valuation

    Assessments Valuation

  • Assessed Total Value: $276,750
  • Assessed Land Value: $45,000

    Exemptions

  • Exempt Total Value: $900
  • Exempt Land Value: $0

About Northern Brooklyn




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Frequently Asked Questions

What neighborhood is 71 Montrose Avenue located in?
The 71 Montrose Avenue is a commercial located in the neighborhood of East Williamsburg in Northern Brooklyn, Brooklyn.
How many listings are currently for sale in 71 Montrose Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 71 Montrose Avenue?
The average sales price for units in 71 Montrose Avenue is $4,500,000 currently.

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