NOT LISTED FOR SALE

123A Schaefer St Brooklyn, NY 11207

Bushwick Neighborhood

Estimated Value: $1,226,000 - $1,893,000

7 Beds
3 Baths
2,532 Sq Ft
$578/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $985,000 $389 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,826/month

About This Home

As of October 2020

This home is located at 123A Schaefer St, Brooklyn, NY 11207 since 03 July 2020 and is currently estimated at $1,463,000, approximately $577 per square foot. This property was built in 1915. 123A Schaefer St is a home located in Kings County with nearby schools including P.S./I.S. 045 Horace E. Greene, Evergreen Middle School for Urban Exploration, and Achievement First Bushwick Charter School.

Last Agent to Sell the Property

Alejandra Fermin

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205596 Listed on: 07/03/2020

Co-Listed By

Elias Borjas

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205458

Last Buyer's Agent

Nadira Taylor

Diamond Mine Real Estate LLC License #10491206475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 1915

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 18.75x100
  • No Common Walls

Home Design

  • 3-Story Property
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 57 / 3422
  • Assessor Parcel Number 03422-0057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,933

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Property Condition: Very Good
  • Levels: Three Or More
  • Year Built: 1915
  • New Construction: No
  • Attribution Contact: 718-841-7309
  • Co List Office Mls Id: ONEEMFN01
  • Co List Office Phone: 718-841-7309
  • BuildingSize: 18.75X45
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Heating: Natural Gas
  • Sewer: Sewer
  • SeparateHotwaterHeaterDetail: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.75x100
  • Lot Size Sq Ft: 1875
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03422-0057
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 1933.4
  • Tax Block: 3422
  • Tax Lot: 57
  • Tax Map Number: 03422-0057
  • IncludedInTaxes: Trash

MLS Schools

  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 29, 2020
Sold by
Delorbe Maria and Fernandez Jose F
Bought by
Mcbain Nzinga S
Seller's Agent
Alejandra Fermin
Empire Fine Homes
Buyer's Agent
Nadira Taylor
Diamond Mine Real Estate LLC
List Price
$1,049,000
Sold Price
$985,000
Premium/Discount to List
-$64,000
-6.1%
Current Estimated Value
$1,463,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,000
Avg. Annual Appreciation
7.92%
Original Mortgage
$1,054,950
Outstanding Balance
$934,462
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$528,538

Purchase Details

Closed on
Jul 23, 2007
Sold by
Delorbe Maria
Bought by
Delorbe Maria and Fernandez Jose F

Purchase Details

Closed on
Nov 5, 2003
Sold by
14 Properties Corp
Bought by
Delorbe Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1998
Sold by
White Michelle
Bought by
Edwards Egbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 1996
Sold by
All Borough Inc
Bought by
White Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,240
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1996
Sold by
New York Mtg Servicing Corp
Bought by
All Borough Inc
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
Mcbain Nzinga S $985,000 --
Mcbain Nzinga S $985,000 --
Delorbe Maria -- --
Delorbe Maria -- --
Delorbe Maria $580,000 --
Delorbe Maria $580,000 --
Edwards Egbert $185,000 Stewart Title Insurance Co
Edwards Egbert $185,000 Stewart Title Insurance Co
White Michelle A $160,000 Stewart Title Insurance Co
White Michelle A $160,000 Stewart Title Insurance Co
All Borough Inc $65,000 --
All Borough Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbain Nzinga S $1,054,950
Closed Mcbain Nzinga S $1,054,950
Previous Owner Delorbe Maria $435,000
Previous Owner Edwards Egbert $183,500
Previous Owner White Michelle A $147,240
Closed Delorbe Maria $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $985,000 -6.1% $389 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $1,049,000 -- $414 / 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 $2,202 $87,480 $12,540 $74,940
2024 $2,202 $97,320 $12,540 $84,780
2023 $584 $87,600 $12,540 $75,060
2022 $2,045 $80,940 $12,540 $68,400
2021 $2,035 $71,460 $12,540 $58,920
2020 $956 $54,720 $12,540 $42,180
2019 $1,911 $54,720 $12,540 $42,180
2018 $1,844 $9,045 $1,842 $7,203
2017 $1,740 $8,536 $1,908 $6,628
2016 $1,611 $8,060 $2,289 $5,771
2015 $971 $7,612 $2,430 $5,182
2014 $971 $7,612 $2,917 $4,695
Source: Public Records

Agents Affiliated with this Home

  • Alejandra Fermin

    Seller's Agent in 2020

    Alejandra Fermin

    Empire Fine Homes

    (917) 554-0546

    2 in this area

    103 Total Sales

    Alejandra Fermin
    Section Image
  • Elias Borjas

    Seller Co-Listing Agent in 2020

    Elias Borjas

    Empire Fine Homes

    (718) 269-9393

    2 in this area

    78 Total Sales

    Elias Borjas
    Section Image
  • Nadira Taylor

    Buyer's Agent in 2020

    Nadira Taylor

    Diamond Mine Real Estate LLC

    (516) 292-4300

    49 Total Sales

    Nadira Taylor
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3229099

OneKey® MLS

APN: 03422-0057

New York Kings County Brooklyn 11207 Bushwick

123A Schaefer St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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