NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,252,000

5 Beds
3 Baths
3,300 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $990,000 $300 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,946/month

21 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Grant Avenue
  • Baseboard Heating
  • Window Unit Cooling System

About This Home

As of December 2023

Welcome to this fantastic 2-family home that offers not only the convenience of a central location but also a lucrative income opportunity. The finished basement has 2 egresses. Situated just 2 blocks away from the train station, and surrounded by an array of shopping and dining options, this property is a true gem for both homeowners and investors alike.

Last Agent to Sell the Property

Paul Chung

Keller Williams Rty Gold Coast Brokerage Phone: 917-574-8909 License #10401373991 Listed on: 07/27/2023

Keller Williams Rty Gold Coast

Co-Listed By

Eric Berman

Compass Greater NY LLC Brokerage Phone: 917-574-8909 License #10401331461

Last Buyer's Agent

Stephanie Silva

Gadura Real Estate LLC License #10401354532

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1901

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 214 Michael Friedsam Elementary School
  • JHS 218 James P Sinnott Middle School
  • Transit Tech Career And Tech Edu High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 39 / 4202
  • Assessor Parcel Number 04202-0039

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 917-574-8909
  • Co List Office Mls Id: ONECMPA05
  • Co List Office Phone: 516-517-4751
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Back Yard, Fenced
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 218 James P Sinnott

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: 04202-0039
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-07-28

Rental Info

  • Lease Considered: No
  • Available Date: 2023-10-31

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4780.36
  • Tax Block: 4202
  • Tax Lot: 39
  • Tax Map Number: 04202-0039
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 214 Michael Friedsam
  • High School: Transit Tech Career And Tech Edu
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Dec 14, 2023
Sold by
Herrera Ines and Herrera Jennifer
Bought by
Ramon Alexis and Ramon Fausto
Seller's Agent
Paul Chung
Keller Williams Rty Gold Coast
Buyer's Agent
Stephanie Silva
Gadura Real Estate LLC
List Price
$999,000
Sold Price
$990,000
Premium/Discount to List
-$9,000
-0.9%
Views
45
Current Estimated Value
$1,058,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,550
Avg. Annual Appreciation
3.34%
Original Mortgage
$906,592
Outstanding Balance
$890,005
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,545

Purchase Details

Closed on
Dec 21, 2021
Sold by
Herrera Ines and Jiminez Ilonka
Bought by
Herrera Ines and Herrera Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2018
Sold by
Herrera Ines and Velepucha Victor
Bought by
Herrera Ines and Jimenez Ilonka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,238
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
573 Elton Corp
Bought by
Herrera Ines and Velepucha Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,450
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2008
Sold by
Girard Charles E and Girard Charles J
Bought by
573 Elton Corp
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
Ramon Alexis $990,000 --
Ramon Alexis $990,000 --
Herrera Ines -- --
Herrera Ines -- --
Herrera Ines -- --
Herrera Ines -- --
Herrera Ines $520,500 --
Herrera Ines $520,500 --
573 Elton Corp $310,000 --
573 Elton Corp $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramon Alexis $906,592
Closed Ramon Alexis $906,592
Previous Owner Herrera Ines $656,000
Previous Owner Herrera Ines $566,238
Previous Owner Herrera Ines $468,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $990,000 -0.9% $300 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $999,000 -- $303 / 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 $5,008 $61,020 $17,700 $43,320
2024 $5,008 $64,020 $17,700 $46,320
2023 $4,780 $69,840 $17,700 $52,140
2022 $4,434 $58,320 $17,700 $40,620
2021 $4,410 $54,600 $17,700 $36,900
2020 $2,192 $54,660 $17,700 $36,960
2019 $4,347 $43,440 $17,700 $25,740
2018 $3,999 $19,615 $8,150 $11,465
2017 $3,773 $18,511 $8,337 $10,174
2016 $3,491 $17,464 $9,648 $7,816
2015 $2,106 $17,464 $11,835 $5,629
2014 $2,106 $17,317 $14,094 $3,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3493865

OneKey® MLS

APN: 04202-0039