NOT LISTED FOR SALE

1020 E 59th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $967,827 - $1,178,000

9 Beds
3.5 Baths
3,314 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $860,000 $260 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,438/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Hot Water Heating System
  • Terrace
  • Window Unit Cooling System
  • 3-minute walk to Jacob Joffe Park

About This Home

As of February 2021

Brand new listing! First time on market! Huge 2 family brick home with community driveway and 2 car garage! There are a total of 3 floors plus a finished basement. The top floor has 3 bedrooms, living room, dining room, kitchen, Full Bath and terrace, below that on the second floor you have 2 bedrooms, living room, dining room, kitchen and full bath. Below that on the walk-in level you have 3 bedrooms, kitchenette, living room, dinette and full bath. Below that is the finished basement with family room, extra bedroom, half bath and the 2 car garage! Building size is 22' by 52'!! The entire house in in mint condition with updated heat, hot water, electric, new roof, new exterior stairs, brickwork and railings and ready to move in! Rental income is $4,000 per month!! Must see to appreciate, hurry because this is a great deal!

Last Agent to Sell the Property

Mitchell Feldman

Listed on: 06/24/2020

Last Buyer's Agent

Mitchell Feldman

Listed on: 06/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1965

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,314 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Terrace

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7806

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,500
  • Insurance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,015

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Baths Total Level4: 1.00
  • Beds Total Level4: 1
  • Borough: Brooklyn
  • Building Length: 52.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue J
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove, Terrace
  • Rooms Total Level3: 6
  • Rooms Total Level4: 3
  • Fill Sq Ft Total: 3314
  • Street Name I D X: 59
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 9
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2200

Exterior Features

  • Yard: Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 151
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R3-2

Multi Family

  • Insurance Expense: 2000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 4015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Feb 12, 2021
Sold by
Eliane Monplaisir Revocable Living Trust and Monplaisir
Bought by
Jahmi Bashir
Seller's Agent
Mitchell Feldman
Buyer's Agent
Mitchell Feldman
Sold Price
$860,000
Current Estimated Value
$1,085,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,457
Avg. Annual Appreciation
4.85%
Original Mortgage
$844,423
Outstanding Balance
$751,113
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,344

Purchase Details

Closed on
Feb 1, 2010
Sold by
Monplaisir Elaine
Bought by
Monplaisir Eliane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2004
Sold by
Monplaisir Elaine
Bought by
Monplaisir Elaine

Purchase Details

Closed on
Nov 4, 1996
Sold by
Zirino Assunta
Bought by
Monplaisir Jean C and Monplaisir Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jahmi Bashir $860,000 --
Jahmi Bashir $860,000 --
Jahmi Bashir $860,000 --
Monplaisir Eliane -- --
Monplaisir Eliane -- --
Monplaisir Elaine -- --
Monplaisir Elaine -- --
Monplaisir Jean C $237,000 First American Title Ins Co
Monplaisir Jean C $237,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jahmi Bashir $844,423
Closed Jahmi Bashir $844,423
Previous Owner Monplaisir Eliane $825,000
Previous Owner Monplaisir Jean C $177,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $860,000 -- $260 / Sq Ft
06/24/2020 06/24/20 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 $9,145 $58,560 $9,840 $48,720
2024 $9,145 $49,440 $9,840 $39,600
2023 $9,178 $50,580 $9,840 $40,740
2022 $8,511 $49,020 $9,840 $39,180
2021 $8,464 $46,740 $9,840 $36,900
2020 $3,334 $45,540 $9,840 $35,700
2019 $3,310 $43,560 $9,840 $33,720
2018 $3,179 $37,659 $6,529 $31,130
2017 $2,975 $35,528 $8,456 $27,072
2016 $2,729 $33,517 $8,036 $25,481
2015 $1,921 $31,620 $10,920 $20,700
2014 $1,921 $31,620 $10,920 $20,700
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Feldman

    Seller's Agent in 2021

    Mitchell Feldman

    (917) 805-0783

    17 in this area

    110 Total Sales

    Mitchell Feldman
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 438686

Brooklyn Board of REALTORS®

APN: 07806-0151

New York Kings County Brooklyn 11234 Flatlands

1020 E 59th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes