NOT LISTED FOR SALE

1113 E 59th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $664,000 - $1,289,000

6 Beds
4 Baths
2,660 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $642,000 $241 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,833/month

121 Days on Market

Highlights

  • 1 Car Attached Garage
  • Baseboard Heating
  • 1-minute walk to Jacob Joffe Park

About This Home

As of August 2024

Looking for a great opportunity? Look no more! This property has tons of potential and is average in living space size for the neighborhood. It is located close to main roads with easy access to local amenities, such as shopping, banking, schools, and various eateries. Per our APPRAISAL describe the subject property is a MFR (2FAM) built in 1955. It has approx. 2660 sq ft. and has 6 bedroom and 2 FULL bathS AND 2 HALF BATHS with full/unfinished Basement and 1-Att garage. The property is on 2360 sq ft. *** Seller makes no guarantees about property's condition, room count or other physical characteristics ***

Last Agent to Sell the Property

Christopher Rose

REALHome Services & Solutions Brokerage Phone: (678) 201-0475 License #10311208824 Listed on: 04/09/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,749

Year Built

  • Built in 1955

Lot Details

  • 2,360 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,660 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 07839-0036

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,749

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: (678) 201-0475
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2660
  • SquareFootage: 2660.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2360
  • Lot Size Units: Acres
  • Parcel Number: 07839-0036
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 8749
  • Tax Map Number: 07839-0036

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Shah Shefali
Bought by
1113 East 59 Street Llc
Current Estimated Value
$973,013

Purchase Details

Listed on
Apr 9, 2024
Closed on
Sep 3, 2024
Sold by
Deutsche Bank National Trust Company As
Bought by
Shah Shefali
Seller's Agent
Christopher Rose
REALHome Services & Solutions
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$985,800
Sold Price
$642,000
Premium/Discount to List
-$343,800
-34.88%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.03%

Purchase Details

Closed on
Feb 20, 2024
Sold by
Naiman Steven
Bought by
Ameriquest Mortgage Securities Inc and Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 5, 1999
Sold by
Berry Karry
Bought by
Francis Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
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
1113 East 59 Street Llc -- --
1113 East 59 Street Llc -- --
Shah Shefali $642,000 --
Shah Shefali $642,000 --
Ameriquest Mortgage Securities Inc $1,236,921 --
Deutsche Bank National Trust Company $1,236,921 --
-- $1,236,921 --
Francis Joyce -- First American Title Ins Co
Francis Joyce -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Joyce $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $642,000 -8.5% $241 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $701,300 -7.3% $264 / Sq Ft
07/03/2024 07/03/24 Price Changed $756,900 -5.1% $285 / Sq Ft
06/14/2024 06/14/24 Price Changed $797,300 -3.3% $300 / Sq Ft
05/30/2024 05/30/24 Price Changed $824,100 -4.8% $310 / Sq Ft
05/15/2024 05/15/24 Price Changed $865,400 -6.8% $325 / Sq Ft
04/30/2024 04/30/24 Price Changed $928,400 -5.8% $349 / Sq Ft
04/09/2024 04/09/24 For Sale $985,800 -- $371 / 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 $8,816 $57,300 $10,020 $47,280
2024 $8,816 $60,840 $10,020 $50,820
2023 $8,847 $57,900 $10,020 $47,880
2022 $8,204 $55,320 $10,020 $45,300
2021 $8,159 $42,720 $10,020 $32,700
2020 $6,119 $50,100 $10,020 $40,080
2019 $7,651 $41,760 $10,020 $31,740
2018 $7,400 $36,300 $7,732 $28,568
2017 $6,981 $34,246 $9,107 $25,139
2016 $6,459 $32,308 $9,176 $23,132
2015 $3,979 $30,480 $11,160 $19,320
2014 $3,979 $30,480 $11,160 $19,320
Source: Public Records

Agents Affiliated with this Home

  • Christopher Rose

    Seller's Agent in 2024

    Christopher Rose

    REALHome Services & Solutions

    (855) 882-1314

    3 in this area

    707 Total Sales

    Christopher Rose
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non-Member

  • S

    Buyer's Agent in 2024

    Susan Corcoran

    Coldwell Banker Tom Seidl Rlty

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6299833

OneKey® MLS

APN: 07839-0036

New York Kings County Brooklyn 11234 Flatlands

1113 E 59th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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