NOT LISTED FOR SALE

1059 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,125,000 - $1,338,000

Studio
2 Baths
1,800 Sq Ft
$673/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2018

Last sale price $900,000 $500 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,190 / mo

Highlights

  • Wood Flooring
  • 5-minute walk to Fort Hamilton Parkway (D,M Line)
  • Back and Front Yard
  • I.S. 223 The Montauk Rated A-
  • Hot Water Heating System
  • 4-minute walk to Brizzi Playground

About This Home

As of November 2018

SUNSET PARK LEGAL 2 FAMILY R6 ZONING FULL POSSESSION ONE BLOCK TO 10TH AVENUE WALKING DISTANCE TO 8TH AVENUE BUSY THOROUGH FARE A GREAT OPPORTUNITY FOR ANY END USER OR INVESTOR

Last Agent to Sell the Property

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 06/22/2018

RE/MAX Real Estate Professionals

Co-Listed By

Juan Cotto

RE/MAX Real Estate Professionals

Last Buyer's Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1910

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 96 x 18
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,306

Year Built

Built in 1910

Lot Details

1,728 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 18.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10th AVE
  • Cross Street Name2: FORT HAMILTON PKY
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1800
  • Building Stories: 2
  • Street Name I D X: 40
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 1728

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 18

Tax Info

  • Flip Tax Amount: 3306.00

Multi Family

  • Unit Count: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Nov 30, 2018
Sold by
Bought by
Seller's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Buyer's Agent
Billy Apter
RE/MAX Real Estate Professionals
Sold Price
$900,000
Current Estimated Value
$1,211,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,102
Avg. Annual Appreciation
4.01%
Original Mortgage
$720,000
Outstanding Balance
$624,273
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$586,829

Purchase Details

Closed on
May 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 4, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 --
$900,000 --
$900,000 --
-- --
-- --
-- --
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $720,000
Closed $720,000
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $900,000 -- $500 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,930 $81,420 $18,900 $62,520
2025 $7,578 $61,920 $18,900 $43,020
2024 $7,578 $71,580 $18,900 $52,680
2023 $7,400 $64,020 $18,900 $45,120
2022 $7,017 $68,100 $18,900 $49,200
2021 $7,209 $62,880 $18,900 $43,980
2019 $7,644 $52,440 $18,900 $33,540
2018 $1,751 $23,644 $7,323 $16,321
2017 $1,690 $22,572 $7,883 $14,689
2016 $3,306 $21,825 $8,769 $13,056
2015 $2,349 $21,819 $11,731 $10,088
2014 $2,349 $20,601 $10,762 $9,839
Source: Public Records

Agents Affiliated with this Home

  • Vito Angelo

    Seller's Agent in 2018

    Vito Angelo

    RE/MAX

    (718) 887-5708

    19 in this area

    268 Total Sales

    Vito Angelo
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Juan Cotto

    RE/MAX

    (917) 803-9509

    2 Total Sales

    Juan Cotto
    Section Image

  • B

    Buyer's Agent in 2018

    Billy Apter

    RE/MAX

    (718) 887-5708

    20 in this area

    261 Total Sales

    Billy Apter
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 421412

Brooklyn Board of REALTORS®

APN: 05584-0049

New York Kings County Brooklyn 11219 Borough Park

1059 40th St, Brooklyn, NY

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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.

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