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75 North 8th Street

75 North 8th Street, Brooklyn, NY 11249
Property in Williamsburg
Local assessors in Brooklyn, NY have categorized 75 North 8th Street as a office type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 7,500 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 750 ft. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 75 North 8th Street has a total of 18,994 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The property was last sold in Jul 26, 2022 for $24,100,000. That's $1,268.82 per sqft. 75 North 8th Street was last assessed in 2023. The total value of the property was assessed at $1,710,000. Specifically, the land the property is located on was valued at $225,000. While improvements on the property were assessed at a total of $1,485,000. 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 $143,335. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Floor Count: 4
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 18,994
  • Gross Building Area: 18,994
  • Building Area: 18,994
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 18,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Land Acres: 0.172
  • Standard Land Use Code: Office bldg (multi-story)

Ownership

  • Current Owner : SHAWNICK WILLIAMSBURG LLC
  • Previous Owner : 75 NORTH 7TH LLC
  • Owner Before Previous Owner: 71 NORTH 7TH LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 055100

Zoning

  • Zoning: M12R6B

Geography

  • Account Number: 3-02317-0030
  • District: 01
  • Section: 804
  • Parcel: 02317-0030
  • Block: 2317
  • Lot: 30
  • Latitude: 40.7199
  • Longitude: -73.9611

    Address

  • Full Address: 75 N 7th St
  • Address - House Number: 75
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Brooklyn
  • Zip Code: 11249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $143,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,750,000
  • First Open Lien Mortgage Lender: ARGENTIC REAL ESTATE INVESTMEN
  • First Open Lien Mortgage Recording Date: Feb 20, 2019
  • First Open Lien Mortgage Loan Amount: $3,750,000
  • 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: Feb 20, 2049

    Market Valuation

  • Market Total Value: $3,800,000
  • Market Land Value: $500,000
  • Market Improvement Value: $3,300,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,710,000
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $1,485,000

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11893238244
  • Current Sale Price: $24,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2022000309030
  • Previous Sale Recording Date: Feb 20, 2019
  • Previous Sale Contract Date: Feb 14, 2019
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARGENTIC REAL ESTATE INVESTMEN
  • Previous Mortgage Transaction Date: Feb 20, 2019
  • Previous Mortgage Loan Amount: $3,750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 75 North 8th Street located in?
The 75 North 8th Street is a located in the neighborhood of Williamsburg in Northern Brooklyn, Brooklyn.
What is the average sales price for listings in 75 North 8th Street?
The average sales price for units in 75 North 8th Street is $0 currently.

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