NOT LISTED FOR SALE

1078 E 56 St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $826,000 - $933,000

5 Beds
2.5 Baths
2,294 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $650,600 $284 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,281/month

23 Days on Market

Highlights

  • Chalet
  • Main Floor Primary Bedroom
  • En-Suite Primary Bedroom
  • Property is near public transit
  • 1 Car Attached Garage
  • 5-minute walk to Fox Playground

About This Home

As of February 2020

Brick semi detached 3 bedroom 1.5 apartment over a 2 bedroom 1 Bath apartment. The three bedroom apartment features a large 3 bedroom with master bath in the master bedroom with living and spacious kitchen and walk in closets. The two bedroom has a sunk in living room, dining room and kitchen with access to the backyard. Property has a with Driveway garage w/1 car. The Basement unfinished has backyard accessible from basement and interior middle stair case. Additional Information: ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Noel Cohen

Cohen and Cohen Consulting License #10311205279 Listed on: 01/23/2019

Last Buyer's Agent

Noel Cohen

Cohen and Cohen Consulting License #10311205279 Listed on: 01/23/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,391

Year Built

  • Built in 1950

Lot Details

  • 2,367

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Chalet
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2,367 Sq Ft Lot
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,391

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1950
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 650600.00
  • ListPrice_By_OriginalListPrice: 1.09091
  • CurrentPrice_By_BuildingAreaTotal: 283.60942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Master Downstairs, Primary Bathroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas, Other, See Remarks
  • Sewer: Other, Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Other, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Sq Ft: 2367
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6391
  • Tax Year: 2018

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 21, 2020
Sold by
Estate Of Esther Rolnick
Bought by
Jean Joseph
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
Buyer's Agent
Noel Cohen
Cohen and Cohen Consulting
List Price
$550,000
Sold Price
$650,600
Premium/Discount to List
$100,600
18.29%
Current Estimated Value
$874,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,989
Avg. Annual Appreciation
5.17%
Original Mortgage
$631,053
Outstanding Balance
$558,753
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$315,836
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jean Joseph $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean Joseph $631,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $650,600 -- --
02/21/2020 02/21/20 Sold $650,600 0.0% $284 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/10/2019 02/10/19 Off Market $650,600 -- --
01/25/2019 01/25/19 Price Changed $600,000 +9.1% $262 / Sq Ft
01/23/2019 01/23/19 For Sale $550,000 -- $240 / Sq Ft
Source: OneKey® MLS

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 $8,491 $48,000 $10,500 $37,500
2024 $8,491 $48,060 $10,500 $37,560
2023 $8,100 $49,020 $10,500 $38,520
2022 $7,511 $47,940 $10,500 $37,440
2021 $7,470 $37,860 $10,500 $27,360
2019 $7,370 $36,840 $10,500 $26,340
2018 $6,775 $33,235 $8,466 $24,769
2017 $6,391 $31,354 $9,559 $21,795
2016 $5,913 $29,580 $10,500 $19,080
2015 $3,524 $31,185 $11,056 $20,129
2014 $3,524 $29,955 $10,620 $19,335
Source: Public Records

Agents Affiliated with this Home

  • Noel Cohen

    Seller's Agent in 2020

    Noel Cohen

    Cohen and Cohen Consulting

    (917) 553-9212

    42 Total Sales

    Noel Cohen
    Section Image
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Map

Source: OneKey® MLS

MLS Number: H4903446

OneKey® MLS

APN: 07781-0066

New York Kings County Brooklyn 11234 Flatlands

1078 E 56 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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