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Sold
  • $175,000

    54 Fane Ct, Brooklyn, NY 11229

    4beds
    1,785sqft
    Single Family Residence
    Built in 1920
    -- sqft lot
    $459,000 Zestimate®
    $98/sqft
    $4,588 Estimated rent

    Home value

    $459,000

    $367,000 - $555,000

    $4,588/mo

    Zestimate® history
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    $845/mo

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    What's special

    Owner Financing or co-development options available! Residential Lot with approved plans for a 2-family home. This 1,785 SF virgin lot of land is located in the sunny, quiet, marina neighborhood of Gerritsen Beach. The zoning is R4 which allows you to build a home with a floor area ratio of 0.75 which is great on its own, but we have approved plans for a 1,380 SF, 2-family home that comes out to a floor area ration of 0.77 – approved! The design of this future, cozy two family home at 1,380 SF includes a ground-floor, 690 SF garage & cellar with 2-car parking and room for storage, a 2nd floor 2-bedroom, 1 bath apartment and a 3rd floor 2-bedroom, 1 bath apartment. You have the opportunity to go straight to the building phase and build your dream home or work with your architect on any changes to make your dream home a reality. Current real estate taxes are $92.42 per month, so at that rate you can take your time if you wanted to. With convenient access to the B31 bus route, playgrounds, baseball fields, little leagues, a skatepark, shopping, groceries, and a supermarket all on Gerritsen Avenue, this could be the perfect opportunity to build your cozy beach home, or build your first development for a sale next year, or add to your rental portfolio. The owner is willing to perform owner financing as well as co-development. It’s all up to your expertise and skill. As the exclusive listing agent for this property, Daniel Benzaken of RE/MAX Edge will be able to review the approved plans with you in his office. Feel free to drive by the lot and neighborhood anytime and then schedule a visit with Daniel at his office Monday thru Friday 9am to 5pm to review your options.

    Zillow last checked:

    Listing updated:

    Listed by:

    Remax Edge

    Source: StreetEasy,MLS#: S1723048

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 1,785
    • Total interior livable area: 1,785 sqft

    Property

    Details
    • Parcel number: 089390118
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Gerritsen Beach

    Price history

    DateEventPrice
    10/31/2024Sold$175,000-6.9%$98/sqft
    Source: Public Record Report a problem
    10/22/2024Contingent$188,000$105/sqft
    Source: StreetEasy #S1723048 Report a problem
    9/5/2024Pending sale$188,000$105/sqft
    Source: StreetEasy #1723048 Report a problem
    6/19/2024Listed for sale$188,000+5%$105/sqft
    Source: StreetEasy #1723048 Report a problem
    6/17/2024Listing removed--
    Source: BNYMLS #474812 Report a problem
    5/22/2024Price change$179,000-10.1%$100/sqft
    Source: BNYMLS #474812 Report a problem
    12/29/2023Listed for sale$199,000$111/sqft
    Source: BNYMLS #474812 Report a problem
    9/29/2023Listing removed--
    Source: BNYMLS #474812 Report a problem
    6/19/2023Listed for sale$199,000+109.5%$111/sqft
    Source: BNYMLS #474812 Report a problem
    7/16/2013Sold$95,000-31.7%$53/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L2574769 Report a problem
    5/6/2013Price change$139,000+54.4%$78/sqft
    Source: RE/MAX Associates #2574769 Report a problem
    5/3/2013Price change$90,000-40%$50/sqft
    Source: RE/MAX Associates #2574769 Report a problem
    4/18/2013Listed for sale$150,000$84/sqft
    Source: REMAX ASSOCIATES #2574769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,217 +4.6%$6,720 +3.7%
    2024$1,163 $6,480 +18.7%
    2023-- $5,460 -3.2%
    2022-- $5,640 -5.1%
    2021-- $5,940 -75.3%
    2020$2,280 +0.9%$24,060 +5.8%
    2019$2,260 -5.2%$22,740 +99.6%
    2018$2,383 +8.8%$11,392 +6%
    2017$2,191 +60.9%$10,748 +6%
    2016$1,362 $10,140 -0.1%
    2015$1,362 +7%$10,155
    2014$1,273 $10,155 +14.7%
    2013-- $8,850 -29.4%
    2012-- $12,538 +5%
    2011-- $11,942
    2010-- $11,942 +4.4%
    2009-- $11,444 +4.5%
    2008-- $10,947 +4.8%
    2007-- $10,449 +5%
    2006-- $9,952
    2005-- $9,952 +4.4%
    2004-- $9,537 +4.5%
    2003-- $9,123 +4.8%
    2002-- $8,708 +5%
    2001-- $8,294
    2000-- $8,294

    Find assessor info on the county website

    Neighborhood: Gerritsen Beach

    Nearby schools

    GreatSchools rating