NOT LISTED FOR SALE

1167 38th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,716,000 - $2,472,000

8 Beds
4 Baths
3,060 Sq Ft
$639/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $1,605,000 $525 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,773/month

51 Days on Market

Highlights

  • Property is near public transit
  • Post and Beam
  • New Windows
  • P.S. 230 Doris L Cohen Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of September 2022

Beautiful 2-family house situated in the heart of Borough Park, Brooklyn. Very close to everything, restaurants, supermarket, library, school, hospital and train station. Great layout, 3 beds 1 bath on first floor--- 4 beds and 1 bath on 2nd floor and a finished above grade basement with a separated entrance as well. Individual meters for both units. Is a must see, Don't miss this opportunity on owning a great property in Brooklyn.(DELIVERED VACANT)

Last Agent to Sell the Property

German Nielsen

Newman Realty Inc License #10401328080 Listed on: 05/24/2022

Newman Realty Inc

Last Buyer's Agent

German Nielsen

Newman Realty Inc License #10401328080 Listed on: 05/24/2022

Newman Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 1899

Lot Details

  • 1,807 Sq Ft Lot
  • Lot Dimensions are 20x90.33
  • Two or More Common Walls
  • Private Entrance
  • Back Yard Fenced

Home Design

  • Duplex
  • Post and Beam
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,060 Sq Ft Home
  • New Windows
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • Sunset Park High Middle School
  • Brooklyn Frontiers High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 3 / 5291
  • Assessor Parcel Number 05291-0003

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

$6,431

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 516-599-2800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Private Roof, Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Living Area: 3060.00
  • Kitchens: 2
  • Window Features: New Windows
  • Square Footage: 3060.00

Exterior Features

  • Construction Materials: Frame, Post and Beam, Brick
  • Flood Zone Date: 2022-05-18
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Fenced
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Sunset Park High School

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 20x90.33
  • Lot Size Sq Ft: 1807.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05291-0003
  • Property Attached: Yes

Rental Info

  • Hold End Date: 2022-07-15
  • Hold Start Date: 2022-06-24
  • Lease Considered: No
  • Tenant Pays: None

Tax Info

  • Close Date: 2022-09-08
  • Tax Annual Amount: 6431.00
  • Tax Block: 5291
  • Tax Lot: 3
  • Tax Map Number: 05291-0003

Multi Family

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

MLS Schools

  • High School: Brooklyn Frontiers High School
  • Middle School District: Brooklyn 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 8, 2022
Sold by
Mostafa Mohammad and Mostafa Shaheen
Bought by
Landau Chaia and Schwartz Hirsch
Seller's Agent
German Nielsen
Newman Realty Inc
Buyer's Agent
German Nielsen
Newman Realty Inc
List Price
$1,599,000
Sold Price
$1,605,000
Premium/Discount to List
$6,000
0.38%
Views
1
Current Estimated Value
$1,955,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,689
Avg. Annual Appreciation
6.08%
Original Mortgage
$828,968
Outstanding Balance
$787,980
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,167,709

Purchase Details

Closed on
May 25, 2012
Sold by
Mostafa Mohammed
Bought by
Mostafa Mohammed and Mostafa Shaheen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,903
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Islam Nazrul
Bought by
Mostafa Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Landau Chaia $1,605,000 --
Landau Chaia $1,605,000 --
Mostafa Mohammed -- --
Mostafa Mohammed -- --
Mostafa Mohammad $670,000 --
Mostafa Mohammad $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landau Chaia $828,968
Closed Landau Chaia $828,968
Previous Owner Mostafa Mohammed $22,903
Previous Owner Mostafa Mohammad $533,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $1,605,000 0.0% $525 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/24/2022 06/24/22 Off Market $1,605,000 -- --
05/24/2022 05/24/22 For Sale $1,599,000 -- $523 / 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 $6,563 $105,060 $25,080 $79,980
2024 $6,563 $88,260 $25,080 $63,180
2023 $6,636 $80,580 $25,080 $55,500
2022 $6,179 $88,320 $25,080 $63,240
2021 $6,431 $86,100 $25,080 $61,020
2020 $3,017 $78,900 $25,080 $53,820
2019 $5,696 $82,860 $25,080 $57,780
2018 $5,550 $27,228 $10,001 $17,227
2017 $5,258 $25,795 $10,697 $15,098
2016 $5,091 $25,467 $12,825 $12,642
2015 $2,828 $24,036 $13,786 $10,250
2014 $2,828 $22,690 $14,422 $8,268
Source: Public Records

Agents Affiliated with this Home

  • German Nielsen

    Seller's Agent in 2022

    German Nielsen

    Newman Realty Inc

    (877) 943-8676

    1 in this area

    95 Total Sales

    German Nielsen
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3400196

OneKey® MLS

APN: 05291-0003

New York Kings County Brooklyn 11218 Borough Park

1167 38th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes