NOT LISTED FOR SALE

1247 E 40th St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $703,000 - $842,000

3 Beds
2 Baths
1,520 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $789,000 $519 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,580/month

51 Days on Market

About This Home

As of April 2019

Welcome to 1247 East 40th Street in Brooklyn, a chic and sunny single-family thats just been gut renovated to perfection! Take in the summery front porch before you enter the spacious first floor, featuring large windows, exposed brick and ample living space. A sleek kitchen with all-new stainless steel appliances and marble countertops is located towards the back. A powder room is located off to the side for maximum convenience.Upstairs, you will find three large bedrooms including a full width master bedroom with an en suite bathroom. A second, common bathroom is located in the hallway. Down below, the finished basement has an additional bathroom and a brand new washer and dryer.

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 01/09/2019

Corcoran Group

Co-Listed By

Edward Ugrinsky

Corcoran Group License #10401283710

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1915

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 65.0 x 20.0

Community Details

  • Flatlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,715

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Hubbard Place & Kings Highway
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatlands
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 65.0 x 20.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Apr 1, 2019
Sold by
Ma Corona Llc
Bought by
Abreu Michelle
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$789,000
Sold Price
$789,000
Current Estimated Value
$752,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,853
Avg. Annual Appreciation
-0.73%
Original Mortgage
$631,200
Outstanding Balance
$553,802
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$198,345

Purchase Details

Closed on
Jul 16, 2018
Sold by
Caring Partners Inc and Silverman
Bought by
Ma Corona Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1996
Sold by
Silverman Abraham Harold Saul and Silverman Eva Gloria
Bought by
Silverman Eva Gloria and Silverman Norman Bernice
Source: Public Records

Range of Values:

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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
Abreu Michelle $789,000 --
Abreu Michelle $789,000 --
Ma Corona Llc $390,000 --
Ma Corona Llc $390,000 --
Silverman Eva Gloria -- --
Silverman Eva Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreu Michelle $631,200
Closed Abreu Michelle $631,200
Previous Owner Ma Corona Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $789,000 0.0% $519 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $789,000 -- $519 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,715 $45,480 $8,040 $37,440
2024 $7,715 $47,940 $8,040 $39,900
2023 $7,798 $50,340 $8,040 $42,300
2022 $7,621 $43,080 $8,040 $35,040
2021 $7,696 $42,420 $8,040 $34,380
2020 $5,772 $37,680 $8,040 $29,640
2019 $4,353 $28,020 $8,040 $19,980
2018 $4,210 $23,886 $6,839 $17,047
2017 $4,185 $23,700 $8,040 $15,660
2016 $1,614 $22,364 $6,659 $15,705
2015 $910 $21,099 $5,943 $15,156
2014 $910 $19,905 $6,591 $13,314
Source: Public Records

Agents Affiliated with this Home

  • Daniel Cohen

    Seller's Agent in 2019

    Daniel Cohen

    Corcoran Group

    (862) 823-2674

    213 Total Sales

    Daniel Cohen
    Section Image
  • Edward Ugrinsky

    Seller Co-Listing Agent in 2019

    Edward Ugrinsky

    Corcoran Group

    (718) 210-4053

    117 Total Sales

    Edward Ugrinsky
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10515824

Real Estate Board of New York (REBNY)

APN: 07813-0024

New York Kings County Brooklyn 11210 Flatlands

1247 E 40th St, Brooklyn, NY

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