$800,000
SOLD FEB 18, 2025
5 Beds
3 Baths
1,880 Sq Ft
1,349 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

20% Below List Price

182 Days on Market

About This Home

As of February 2025

Incredible opportunity awaits in this vibrant Brooklyn location! This two family house is a gem, This duplex has a an amazing layout and located near transit. This property is well kept and can provide income from the second floor unit. Come and see why its a great time to move to Brooklyn.

Last Agent to Sell the Property

Kimberly Gallman

Fave Realty Inc Brokerage Phone: 516-519-8049 License #40GA1038149 Listed on: 01/22/2024

Fave Realty Inc

Co-Listed By

kenneth mungin

Fave Realty Inc Brokerage Phone: 516-519-8049 License #10301220780

Last Buyer's Agent

Kimberly Gallman

Fave Realty Inc Brokerage Phone: 516-519-8049 License #40GA1038149 Listed on: 01/22/2024

Fave Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1899

Lot Details

  • 1,349 Sq Ft Lot
  • Lot Dimensions are 15.5x87

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Brooklyn Prep High Middle School
  • Brooklyn Prep High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 20 / 1562
  • Assessor Parcel Number 01562-0020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1899
  • Attribution Contact: 516-519-8049
  • Co List Office Mls Id: KEYFVE01
  • Co List Office Phone: 516-519-8049
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Brooklyn Prep High School

Lot Info

  • Lot Dimensions: 15.5x87
  • Lot Size Sq Ft: 1349
  • Parcel Number: 01562-0020
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 2814
  • Tax Block: 1562
  • Tax Lot: 20

MLS Schools

  • High School: Brooklyn Prep High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 18, 2025
Sold by
Campbell Ettrick
Bought by
Chowdhury Reaz U and Rakhe Rahana
Seller's Agent
Kimberly Gallman
Fave Realty Inc
Buyer's Agent
Kimberly Gallman
Fave Realty Inc
List Price
$995,000
Sold Price
$800,000
Premium/Discount to List
-$195,000
-19.6%
Total Days on Market
182
Current Estimated Value
$902,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,451
Avg. Annual Appreciation
51.52%
Original Mortgage
$600,000
Outstanding Balance
$599,512
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,939

Purchase Details

Closed on
Jan 20, 2004
Sold by
Goins Barbara Anne and Goins Phyllis M
Bought by
Campbell Ettrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,174
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $800,000 --
Deed $299,174 --
Deed $299,174 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Purchase Money Mortgage
Previous Owner $18,368 Unknown
Previous Owner $299,174 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $800,000 -19.6% $426 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $995,000 -- $529 / 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
2024 $2,849 $62,100 $18,000 $44,100
2023 $2,845 $67,500 $18,000 $49,500
2022 $2,639 $68,160 $18,000 $50,160
2021 $2,631 $57,360 $18,000 $39,360
2020 $1,306 $55,680 $18,000 $37,680
2019 $2,473 $61,560 $18,000 $43,560
2018 $2,380 $11,673 $3,678 $7,995
2017 $2,246 $11,016 $4,484 $6,532
2016 $2,083 $10,419 $5,725 $4,694
2015 $1,034 $10,399 $6,698 $3,701
2014 $1,034 $9,852 $7,194 $2,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3527928

OneKey® MLS

APN: 01562-0020