NOT LISTED FOR SALE

Estimated Value: $706,445 - $950,000

-- Bed
-- Bath
2,240 Sq Ft
$381/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $775,000 $346 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,995/month

77 Days on Market

About This Home

As of December 2020

1074 E 59th St is a large two family located in Flatlands neighborhood of Brooklyn. This property offers its new home owners space, opportunity and lifestyle. Located on E 59th st, right down the block from Jacob Joffe fields and around the black from Georgetown shopping center, you're close to it all. The property underwent a renovation 6 years ago, which included the mechanicals. The top floor is a large 3 bedroom 1.5 bath, with a large living room, eat in kitchen and a terrace off the dining area. The first floor is a 2 bedroom 1 bath, with a large living room and eat in kitchen. There is a large basement and a garage, onsite parking, with enough room for two cars. This property is full of potential, you can occupy one of the units while renting out the other to offset some of your mortgage. The BM1 express bus stops on the corner, making Manhattan accessible. You can also catch the B6 on Flatlands and Rockaway PY and take it the Flatbush junction. This is a great property that wont last. Showing by appointment only.

Last Agent to Sell the Property

Bryan Ecock

Douglas Elliman Real Estate License #10301215997 Listed on: 11/18/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 2,396

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Flatland Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 7806

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Avenue K
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: FLATLAND
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1965

Tax Info

  • Tax Block: 7806
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Dec 16, 2020
Sold by
Kleinman David
Bought by
Fullerton Anthony Denroy
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Current Estimated Value
$854,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,361
Avg. Annual Appreciation
1.96%
Original Mortgage
$650,000
Outstanding Balance
$578,694
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$275,667

Purchase Details

Closed on
Oct 25, 2018
Sold by
Kleinman Allen
Bought by
Kleinman David
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
Fullerton Anthony Denroy $813,750 --
Kleinman David -- --
Kleinman Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fullerton Anthony Denroy $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $775,000 -- --
12/15/2020 12/15/20 Sold $775,000 +3.5% $346 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $749,000 -- $334 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,230 $41,460 $7,860 $33,600
2024 $6,230 $46,200 $7,860 $38,340
2023 $6,252 $48,300 $7,860 $40,440
2022 $5,797 $42,180 $7,860 $34,320
2021 $5,766 $37,500 $7,860 $29,640
2020 $5,440 $35,820 $7,860 $27,960
2019 $4,748 $38,160 $7,860 $30,300
2018 $4,570 $25,653 $3,944 $21,709
2017 $4,287 $24,201 $5,621 $18,580
2016 $2,346 $22,832 $6,167 $16,665
2015 $1,947 $21,540 $8,700 $12,840
2014 $1,947 $21,540 $8,700 $12,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622173

Real Estate Board of New York (REBNY)

APN: 07806-0065