NOT LISTED FOR SALE

1129 E 59th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $803,798 - $1,098,000

-- Bed
-- Bath
4,000 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,800,000 $450 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $5,902/month

154 Days on Market

About This Home

As of August 2022

All brick 6 family in Boro Park. Building being sold ''as is''. Great investment property.

Last Agent to Sell the Property

Lisa Stellato

DiTommaso Real Estate License #40GA0849748 Listed on: 01/14/2022

Last Buyer's Agent

Lisa Stellato

Connie Profaci Realty

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 20 x 80

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 110 Volts
  • Individual Gas Meter

Community Details

  • 6 Units

Listing and Financial Details

  • Legal Lot and Block 0061 / 05703
  • Assessor Parcel Number 05703-0061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 6F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Lot Size: 20 X 80
  • Directions: Cross St 11th Ave
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1920
  • General Property Info:Public Remarks3: All brick 6 family in Boro Park. Building being sold ''as is''. Great investment property.
  • ContractLocation Information:List PriceSqFt2: 499.75
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Fair
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 3
  • Year Built: 1920

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 5
  • Appliances:Total Number Ranges: 4
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2504.0
  • Lot Size Units: Square Feet
  • Parcel #: 05703-0061
  • Zoning: R5
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2504.0
  • General Property Info:Lot Dim: 25 X 100.17

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 16000.0
  • Tax Block: 05703
  • Tax Lot: 0061
  • General Property Info:Taxes2: 16000.0

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
$984,200

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 Prior Sale
08/24/2022 08/24/22 Sold $1,800,000 0.0% $450 / Sq Ft
08/24/2022 08/24/22 Sold $1,800,000 -35.7% $652 / Sq Ft View Prior Sale
06/17/2022 06/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,800,000 -- $700 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
Source: Staten Island Multiple Listing Service

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 $8,954 $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

    2 in this area

    8 Total Sales

    Lisa Stellato
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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1140831

Staten Island Multiple Listing Service

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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