NOT LISTED FOR SALE

1074 E 54th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $896,000 - $1,193,000

5 Beds
2.5 Baths
3,050 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $866,000 $284 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,926/month

Highlights

  • Raised Ranch Architecture
  • Fenced Yard
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • 4-minute walk to Fox Playground

About This Home

As of October 2023

Beautiful Brick 2-Family Home for Sale in Flatlands / Old Mill Basin. This OVERSIZED house measures 25 FT Wide x 61 FT Long, allowing for 3 Bedrooms over 2 Bedrooms; 3000+ SF of living space. With the clever interior courtyard, every bedroom has a window. The efficient layout for the Top Unit consists of a Living Room, a Dining Room, a Kitchen, a Full Bathroom, a Laundry Room, a Main Bedroom with an Ensuite Half Bathroom, and 2 Additional Good-Sized Bedrooms. The Lower Apartment consists of a Living Room, a Dining Room, a Kitchen, a Bathroom, a Main Bedroom, and a Good-Sized Second Bedroom. For outdoor entertaining, there is a Huge Backyard, fully paved. This house was tastefully renovated in the last 3 years. Both units boast Shiny Hardwood Floors, Solid Wood Cabinets, Granite Countertops, Chandeliers, Stainless Steel Appliances, and much much more! The Built-In Garage and Private Driveway allows for Parking for 2 Cars. Conveniently located near shopping, restaurants, houses of worship, schools, and public transportation – B82, B6, B7 buses. Come take a look for yourself!

Last Agent to Sell the Property

Alice Lee

Listed on: 06/16/2023

Co-Listed By

Danny Chung

Last Buyer's Agent

Alice Lee

Listed on: 06/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1950

Lot Details

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

Home Design

  • Raised Ranch Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,126

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 61.00
  • Building Width: 25.00
  • Co List Office Mls Id: 118260
  • Co List Office Phone: (718) 569-2888
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue H
  • Cross Street Name2: Avenue I
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Window, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 3050
  • Building Stories: 2
  • Street Name I D X: 54th
  • Building Style: High Ranch
  • Waterfront Present: No
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 65
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V, 200 Amp, 220 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8126.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Oct 5, 2023
Sold by
Walcott Shirlene
Bought by
Liao Simon Siwen and Wan Nancy
Seller's Agent
Alice Lee
Buyer's Agent
Alice Lee
List Price
$838,000
Sold Price
$866,000
Premium/Discount to List
$28,000
3.34%
Views
228
Current Estimated Value
$995,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,619
Avg. Annual Appreciation
6.42%
Original Mortgage
$692,800
Outstanding Balance
$678,069
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$317,550

Purchase Details

Closed on
Sep 2, 2005
Sold by
Audry N Berlin Revocable Grantor Trust and Dated
Bought by
Walcott Shirlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.84%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Berlin Audrey
Bought by
Audrey N Berlin & Robin Rokuson Truste
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
Liao Simon Siwen $866,000 --
Liao Simon Siwen $866,000 --
Liao Simon Siwen $866,000 --
Walcott Shirlene $460,000 --
Walcott Shirlene $460,000 --
Audrey N Berlin & Robin Rokuson Truste -- --
Audrey N Berlin & Robin Rokuson Truste -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Simon Siwen $692,800
Closed Liao Simon Siwen $692,800
Previous Owner Walcott Shirlene $69,000
Previous Owner Walcott Shirlene $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $866,000 +3.3% $284 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $838,000 -- $275 / Sq Ft
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 $8,518 $63,300 $10,560 $52,740
2024 $8,518 $54,900 $10,560 $44,340
2023 $8,126 $57,420 $10,560 $46,860
2022 $7,590 $58,980 $10,560 $48,420
2021 $8,001 $60,120 $10,560 $49,560
2020 $3,832 $50,880 $10,560 $40,320
2019 $7,393 $41,220 $10,560 $30,660
2018 $6,797 $33,343 $8,254 $25,089
2017 $6,459 $31,683 $8,823 $22,860
2016 $6,334 $31,683 $10,442 $21,241
2015 $3,605 $30,522 $11,602 $18,920
2014 $3,605 $29,450 $10,218 $19,232
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alice Lee

    (646) 644-8862

    7 in this area

    80 Total Sales

    Alice Lee
    Section Image
  • Danny Chung

    Seller Co-Listing Agent in 2023

    Danny Chung

    (646) 379-7176

    5 in this area

    104 Total Sales

    Danny Chung
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474851

Brooklyn Board of REALTORS®

APN: 07757-0065

New York Kings County Brooklyn 11234 Flatlands

1074 E 54th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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