$525,000
SOLD FEB 25, 2025

1017 E 87th St Unit 5B Brooklyn, NY 11236

Canarsie Neighborhood
3 Beds
2 Baths
1,166 Sq Ft
0.6 Acres

Recently Sold

$450 Per Sq Ft

5% Below List Price

0 Day on Market

About This Home

As of February 2025

Come right into this Large 3bed 2Bath Condo Situated on the second floor of a well-kept 3-story walk up. Through the front door you enter into a large living space with Plenty if natural light coming through your balcony doors. Off the living room is your separated kitchen with an additional dining area offering plenty of cabinet space. This unit has plenty of closet space 3 Large Bedrooms, two full bathrooms one of which is in the primary master suite. Convenience at the heart of it all with an in-unit wash and dryer and your own parking space! Located in Canarsie this property is minutes away from the B6/B82/B17 buses that can connect you to the L train in minutes. Call for your private showing TODAY

Last Agent to Sell the Property

Darius Pascal

eXp Realty BKNY Listed on: 01/07/2025

eXp Realty BKNY

Last Buyer's Agent

Darius Pascal

eXp Realty BKNY Listed on: 01/07/2025

eXp Realty BKNY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1985

Parking

  • 1 Parking Space

Home Design

  • 1,166 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer

Listing and Financial Details

  • Tax Block 8039

Community Details

Overview

  • 3 Units
  • Association Phone (631) 851-1900
  • Jamaica Bay Condominium Condos
  • Property managed by Jamaica Bay Condominium

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,346

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Assessment Fee: 65.00
  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue J
  • Cross Street Name2: Avenue K
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 316.00
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator
  • Fill Sq Ft Total: 1166
  • Street Name I D X: 87th
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1014

Utilities

  • Air Conditioning Units: 0
  • Utilities: Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Jamaica Bay Condominium
  • Manager Phone: 631-851-1900
  • Units In Building: 3

Lot Info

  • Building Project Name: Jamaica Bay Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3346.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 25, 2025
Sold by
Alcide Anne Marie
Bought by
Souffrant Benoit Fritz and Souffrant Suzette
Seller's Agent
Darius Pascal
eXp Realty BKNY
Buyer's Agent
Darius Pascal
eXp Realty BKNY
List Price
$549,999
Sold Price
$525,000
Premium/Discount to List
-$24,999
-4.55%
Views
3
Current Estimated Value
$506,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,638
Avg. Annual Appreciation
-4.36%
Original Mortgage
$250,000
Outstanding Balance
$248,314
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,048

Purchase Details

Listed on
Dec 7, 2019
Closed on
Mar 2, 2021
Sold by
Akther Farhana and Quddush Abdul
Bought by
Alcide Anne Marie
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$425,600
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 15, 2017
Closed on
Jun 20, 2019
Sold by
Goins Barbara A and Goins Phyllis Margaret
Bought by
Akther Farhana and Quddush Abdul
Seller's Agent
Delores Cooks
BHHS Fillmore R.E.
Buyer's Agent
Delores Cooks
BHHS Fillmore R.E.
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.67%
Original Mortgage
$396,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2000
Sold by
Devita Anthony
Bought by
Jones Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $525,000 --
Deed $525,000 --
Deed $448,050 --
Deed $448,050 --
Deed $440,000 --
Deed $440,000 --
Bargain Sale Deed $135,000 First American Title Ins Co
Bargain Sale Deed $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Purchase Money Mortgage
Closed $250,000 Purchase Money Mortgage
Previous Owner $425,600 Purchase Money Mortgage
Previous Owner $396,000 New Conventional
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2025 02/25/25 Sold $525,000 -4.5% $450 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $549,999 +26.4% $472 / Sq Ft
03/02/2021 03/02/21 Sold $435,000 -1.1% $373 / Sq Ft View Prior Sale
12/07/2019 12/07/19 Pending -- -- --
06/20/2019 06/20/19 Sold $440,000 -- $377 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,431 $30,189 $2,571 $27,618
2024 $3,431 $26,097 $2,571 $23,526
2023 $3,346 $23,065 $2,571 $20,494
2022 $3,103 $21,264 $2,571 $18,693
2021 $3,086 $18,478 $2,571 $15,907
2020 $745 $18,654 $2,571 $16,083
2019 $2,685 $19,398 $2,571 $16,827
2018 $2,501 $13,730 $1,962 $11,768
2017 $2,341 $12,953 $1,998 $10,955
2016 $2,133 $12,220 $2,193 $10,027
2015 $1,254 $11,863 $1,989 $9,874
2014 $1,254 $11,863 $1,989 $9,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 488449

Brooklyn Board of REALTORS®

APN: 08039-1014