NOT LISTED FOR SALE

1129 E 59th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $819,622 - $1,017,000

Studio
6 Baths
2,760 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2022

Last sale price $1,800,000 $652 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $5,696 / mo

Highlights

  • Tile Flooring
  • Back Yard
  • 1-minute walk to Jacob Joffe Park
  • Hot Water Heating System

About This Home

As of August 2022

Legal 6 family building is Boro Park area being sold "as is". Great investment property!

Last Agent to Sell the Property

Lisa Stellato

DiTommaso Real Estate Listed on: 09/25/2020

Last Buyer's Agent

Lisa Stellato

DiTommaso Real Estate Listed on: 09/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1920

Lot Details

  • 2,504 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Tile Flooring
  • 6 Full Bathrooms
  • Unfinished Basement

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Block 5703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1920

Lot Details

2,504 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 11th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: 59th
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Tile
  • Lot Sq Ft: 2504

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 61
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 16000.00

Multi Family

  • Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2008
Sold by
Decopain Raymond and Decopain Yppolia
Bought by
Decopain Raymond and Decopain Yppolia
Current Estimated Value
$919,156

Purchase Details

Closed on
Nov 26, 1996
Sold by
Dibitetto Elizabeth
Bought by
Dorcin Willy and Dorcin Mena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
7.5%
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
Decopain Raymond -- --
Decopain Raymond -- --
Dorcin Willy $244,000 Fidelity National Title Ins
Dorcin Willy $244,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorcin Willy $219,600
Closed Decopain Raymond $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $1,800,000 -- $652 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,954 $51,000 $10,740 $40,260
2024 $8,954 $58,560 $10,740 $47,820
2023 $8,986 $61,380 $10,740 $50,640
2022 $8,333 $58,440 $10,740 $47,700
2021 $8,288 $48,180 $10,740 $37,440
2020 $3,887 $40,260 $10,740 $29,520
2019 $7,772 $37,620 $10,740 $26,880
2018 $7,517 $36,873 $8,847 $28,026
2017 $7,091 $34,786 $9,211 $25,575
2016 $6,560 $32,817 $9,709 $23,108
2015 $4,133 $30,960 $11,940 $19,020
2014 $4,133 $30,960 $11,940 $19,020
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Stellato

    DiTommaso Real Estate

    (917) 865-3212

    1 in this area

    7 Total Sales

    Lisa Stellato
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444002

Brooklyn Board of REALTORS®

APN: 07839-0031

New York Kings County Brooklyn 11234 Flatlands

1129 E 59th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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