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72 Marginal Street West

72 Marginal Street West, Brooklyn, NY 11207
Property in Cypress Hills
Sold Oct 22, 2018
$55,770
$380,000 by Bayport Funding Llc
Mortgage Due Oct 22, 2048
Sold Oct 22, 2018
$420,000
$380,000 by Bayport Funding Llc
Mortgage
72 Marginal Street West in Brooklyn, NY was first built in 1910 and is 114 years old. This has been categorized as a residential property type. There are a total of 3 floors. 72 Marginal Street West has 1,688 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 150 ft and the linear feet between the front and back of the lot is 570. In total, the area measurement of the land is 855 square feet.

Learn more about the property and building on this page. The property was last sold in Sep 27, 2018 for $55,770. That's $33.04 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2018 for $420,000. 72 Marginal Street West was last assessed in 2023. The total value of the property was assessed at $60,480. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $48,480. 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 $3,195. The initial tax year of delinquency was in 2023. 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. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 855
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,688
  • Gross Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.02
  • Standard Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : 72 MARGINAL STREET WEST CORP
  • Previous Owner : 72 MARGINAL STREET WEST CORP
  • Owner Before Previous Owner: BLANK HELENE E ESQ
  • 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: 114400

Zoning

  • Zoning: R4

Geography

  • Account Number: 3-03483-0024
  • District: 05
  • Section: 1109
  • Parcel: 03483-0024
  • Block: 3483
  • Lot: 24
  • Municipality: BUSHWICK
  • Latitude: 40.6793
  • Longitude: -73.8986

    Address

  • Full Address: 72 Marginal St W
  • Address - House Number: 72
  • Street Segment Direction: W
  • Address - Street Name: Marginal
  • Address - Suffix Type: St
  • State: NY
  • City Name: Brooklyn
  • Zip Code: 11207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,195
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 773,437
  • High Value: 971,676
  • Low Value: 575,199

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: BAYPORT FUNDING LLC
  • First Open Lien Mortgage Recording Date: Oct 22, 2018
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Oct 22, 2048

    Market Valuation

  • Market Total Value: $1,008,000
  • Market Land Value: $200,000
  • Market Improvement Value: $808,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,480
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $48,480

    Sales

  • Current Sale Contract Date: Sep 27, 2018
  • Current Sale Recording Date: Oct 22, 2018
  • Current Sale Transaction ID: 11816334160
  • Current Sale Price: $55,770
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018000351420
  • Previous Sale Recording Date: Oct 22, 2018
  • Previous Sale Contract Date: Sep 27, 2018
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: BAYPORT FUNDING LLC
  • Previous Mortgage Transaction Date: Oct 22, 2018
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 72 Marginal Street West located in?
The 72 Marginal Street West is a located in the neighborhood of Cypress Hills in Eastern Brooklyn, Brooklyn.
What is the average sales price for listings in 72 Marginal Street West?
The average sales price for units in 72 Marginal Street West is $0 currently.

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