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823 Avenue South

823 Avenue South, Brooklyn, NY 11223
Property in Sheepshead Bay
Sold Feb 13, 2008
Transfer
$3,000,000 by Mers
Mortgage Due Jul 07, 2051
Sold Jan 15, 1998
$450,000
Buyer
Seller
823 Avenue South 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 2000 and is 24 years old. The building has a total of 3 stories. 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 mansion 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $450,000 in Nov 25, 1997. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $26,015 in taxes each year. 823 Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $332,760. If we break it down further, the land itself was valued at $24,900. Improvements to the property, however, were assessed at a total of $307,860. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Mansion
  • Floor Count: 3
  • Living Units: 1
  • 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: 5,480
  • Gross Building Area: 5,480
  • Building Area: 5,480
  • 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: Residential
  • Land Acres: 0.069
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : EDELSTEIN I SCOTT
  • Previous Owner : SROUR FARAJ
  • Previous Owner 2: SROUR TITA
  • Owner Before Previous Owner: ROTHBORT IDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 041600

Zoning

  • Zoning: R5

Geography

  • Account Number: 3-06684-0043
  • District: 15
  • Section: 2005
  • Parcel: 06684-0043
  • Block: 6684
  • Lot: 43
  • Municipality: HOMECREST
  • Latitude: 40.6031
  • Longitude: -73.9632

    Address

  • Full Address: 823 Avenue S
  • Address - House Number: 823
  • Street Segment Direction: S
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C027
  • 4-Digit Zip Code: 3243
  • Zip Code: 11223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,015

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 2,483,432
  • High Value: 3,063,151
  • Low Value: 1,903,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: MERS
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 07, 2051

    Market Valuation

  • Market Total Value: $5,546,000
  • Market Land Value: $415,000
  • Market Improvement Value: $5,131,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,760
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $307,860

    Sales

  • Current Sale Contract Date: Sep 25, 2007
  • Current Sale Recording Date: Feb 13, 2008
  • Current Sale Transaction ID: 1194304891
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2007121300734001
  • Previous Sale Recording Date: Jan 15, 1998
  • Previous Sale Contract Date: Nov 25, 1997
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

About Southern Brooklyn



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Frequently Asked Questions

What neighborhood is 823 Avenue South located in?
The 823 Avenue South is a located in the neighborhood of Sheepshead Bay in Southern Brooklyn, Brooklyn.
What is the average sales price for listings in 823 Avenue South?
The average sales price for units in 823 Avenue South is $0 currently.

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