NOT LISTED FOR SALE

1068 85 St Brooklyn, NY 11228

Dyker Heights Neighborhood

Estimated Value: $1,353,183 - $1,469,000

Studio
2.5 Baths
2,102 Sq Ft
$676/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,260,000 $599 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,364/month

Highlights

  • Wood Flooring
  • Terrace
  • Private Driveway
  • P.S. 127 McKinley Park Rated A
  • Hot Water Heating System
  • 4-minute walk to Patrick O'Rourke Playground

About This Home

As of September 2021

Prime Dyker Heights, solid brick 2 fam 3-br duplex over a 1-br walk-in apt, built-in garage with a huge patio on top, well kept, beautiful tree-lined block, close to 86th St shopping strip in Bay Ridge, school, and express buses to down-town New York City. Possible full possession at closing.

Last Agent to Sell the Property

Michael Luo

Capital Home Realty Inc Listed on: 01/18/2021

Co-Listed By

Sophia Yang

Capital Home Realty Inc

Last Buyer's Agent

Michael Luo

Capital Home Realty Inc Listed on: 01/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,372

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,102 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Walk-Out Basement

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Terrace

Utilities

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

Listing and Financial Details

  • Tax Block 6039

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $1,700
  • Utility Expense $110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,372

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118240
  • Co List Office Phone: (718) 373-8838
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10th Av
  • Cross Street Name2: 11th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Terrace
  • Fill Sq Ft Total: 2102
  • Building Stories: 2
  • Street Name I D X: 85
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 35
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R3X

Multi Family

  • Insurance Expense: 1700.00
  • Unit Count: 2
  • Annual Utility Expenses: 110.00

Tax Info

  • Flip Tax Amount: 10372.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Sep 17, 2021
Sold by
Estate Of Ralph Sangiorgio
Bought by
Powers Joann M and Powers Steven M
Seller's Agent
Michael Luo
Capital Home Realty Inc
Buyer's Agent
Michael Luo
Capital Home Realty Inc
Sold Price
$1,260,000
Current Estimated Value
$1,420,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,546
Avg. Annual Appreciation
2.81%
Original Mortgage
$860,000
Outstanding Balance
$782,536
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$638,010
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 Buyer Sale Price Title Company
Powers Joann M $1,260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Joann M $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,260,000 -- $599 / Sq Ft
01/18/2021 01/18/21 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 $11,231 $73,380 $22,500 $50,880
2024 $11,231 $79,800 $22,500 $57,300
2023 $10,713 $86,880 $22,500 $64,380
2022 $9,935 $89,340 $22,500 $66,840
2021 $4,052 $84,300 $22,500 $61,800
2019 $3,692 $75,180 $22,500 $52,680
2018 $3,312 $43,959 $15,478 $28,481
2017 $6,579 $41,472 $14,125 $27,347
2016 $4,099 $41,472 $15,951 $25,521
2015 $2,244 $41,158 $17,822 $23,336
2014 $2,244 $38,830 $18,463 $20,367
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Luo

    Capital Home Realty Inc

    (718) 373-8838

    1 in this area

    9 Total Sales

    Michael Luo
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sophia Yang

    Capital Home Realty Inc

    (917) 806-0516

    1 in this area

    6 Total Sales

    Sophia Yang
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446739

Brooklyn Board of REALTORS®

APN: 06039-0035

New York Kings County Brooklyn 11228 Dyker Heights

1068 85 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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