NOT LISTED FOR SALE

Estimated Value: $703,000 - $945,000

5 Beds
2 Baths
1,320 Sq Ft
$640/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $862,000 $653 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,842/month

47 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Park

About This Home

As of August 2024

Space, style & modern luxury come together at 1122 East 99 Street! A Turn key, move in ready, newly renovated BRICK 2 Family with private parking nestled on a beautiful tree lined street of Canarsie. Featuring a private driveway & garage! Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 1 bath owners unit which features a sunny & bright, modern, open concept living/dining area. A beautiful chefs granite kitchen equipped with floor to ceiling custom cabinetry & adorned with a full fleet of stainless steel appliances. Spacious bedrooms with ample closet space. Fully tiled bathroom that is adorned with state of the art wall & floor tiles. The garden unit is configured as a 2 bedroom 1 bath unit and can easily generate $2,500/ month to assist with mortgage payments. Spacious rear yard to enjoy outdoor family & friends gatherings. 1122 East 99 Street has been fully gutted and remodeled by an expert team of contractors and designers featuring select wide oak wood flooring, recessed lighting, updated electrical, heating, plumbing and central HVAC systems throughout. Located with close proximity to major transportation which makes commuting a breeze. Just off Rockaway Parkway, Avenue K, Avenue J, Flatlands Avenue, Belt Parkway. Stones throw to major transportation, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 06/11/2024

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1955 | Remodeled in 2024

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Brooklyn Generation Middle School
  • Brooklyn Bridge Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 50 / 8244
  • Assessor Parcel Number 08244-0050

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,068

Year Built

Built in 1955 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1955
  • New Construction: No
  • Year Built Effective: 2024
  • Attribution Contact: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Brooklyn Generation School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 08244-0050
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5068
  • Tax Block: 8244
  • Tax Lot: 50
  • Tax Map Number: 08244-0050

MLS Schools

  • High School: Brooklyn Bridge Academy
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 23, 2024
Sold by
Max Out 1122 Llc
Bought by
Souma Gladys
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Non Member
NonMember
List Price
$829,000
Sold Price
$862,000
Premium/Discount to List
$33,000
3.98%
Views
66
Current Estimated Value
$844,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,432
Avg. Annual Appreciation
-1.72%
Original Mortgage
$846,387
Outstanding Balance
$836,846
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,722

Purchase Details

Closed on
Dec 7, 2023
Sold by
Young Deceased Alec and Young Young
Bought by
Max Out 1122 Llc
Source: Public Records

Range of Values:

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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
Souma Gladys $862,000 --
Max Out 1122 Llc $489,000 --
Max Out 1122 Llc $489,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souma Gladys $846,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $862,000 -1.9% $653 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $879,000 +7.3% $666 / Sq Ft
07/08/2024 07/08/24 Price Changed $819,000 -1.2% $620 / Sq Ft
06/11/2024 06/11/24 For Sale $829,000 -- $628 / 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 $5,050 $38,220 $7,260 $30,960
2024 $5,050 $38,400 $7,260 $31,140
2023 $5,068 $41,520 $7,260 $34,260
2022 $4,699 $35,340 $7,260 $28,080
2021 $4,674 $27,300 $7,260 $20,040
2020 $4,674 $24,540 $7,260 $17,280
2019 $4,383 $26,100 $7,260 $18,840
2018 $4,239 $20,794 $5,784 $15,010
2017 $3,999 $19,617 $5,846 $13,771
2016 $3,700 $18,507 $5,698 $12,809
2015 $2,769 $17,460 $8,040 $9,420
2014 $2,769 $17,460 $8,040 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3558148

OneKey® MLS

APN: 08244-0050