NOT LISTED FOR SALE

Estimated Value: $883,829 - $1,186,000

7 Beds
3 Baths
2,504 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $955,000 $381 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,509/month

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Heating System Uses Steam
  • Porch
  • Cooling Available
  • Laundry Facilities

About This Home

As of October 2022

Welcome to 1284 East 56th Street! Office exclusive… First time on market! This big, beautiful two-family brick Old Mill Basin home features everything you would want or need in a home including parking, legal rental income, and a great location! The second-floor apartment consists of a huge living room, dining room with door leading out to a great private terrace, updated kitchen, 3 bedrooms and a full bath. The first floor consists of another huge living room, dining area, kitchen, 2 bedrooms and a full bath. Below that you have a full finished basement with laundry room, huge family room, bonus room, wet bar, bathroom with stall shower and its own separate entrance in both the front and the back of the house! Features includes hardwood floors, updated heat, and hot water plus interior stairs throughout the entire house! Plus, the entire home is clean, well kept and in excellent move-in condition! There is also the community driveway which allows you to park two cars in the back plus a built-in garage for a 3rd car! Entire housed will be delivered vacant! This is a great home with plenty of space and it is a great deal! Hurry will sell fast!

Last Agent to Sell the Property

Mitchell Feldman

Listed on: 05/22/2022

Last Buyer's Agent

Danny Chung

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1950

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 24 x 100
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7835

Community Details

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,800
  • Insurance Expense $1,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 1
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1272
  • Building Length: 53.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue K
  • Cross Street Name2: Avenue J
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Built-In Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Laundry Area, Porch, Refrigerator, Stove, Washer
  • Rooms Total Level1: 4
  • Rooms Total Level2: 5
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 2504
  • Building Stories: 2
  • Street Name I D X: 56th
  • Street Number I D X: 1284
  • Waterfront Present: No
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 2400
  • Total Rooms: 15

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 69
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1800.00

Lot Info

  • Lot Dimensions: 24 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R3-2

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 6300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Morabito Anthony
Bought by
Morabito Anthony and Morabito Anthony R
Current Estimated Value
$1,065,457

Purchase Details

Closed on
Jun 18, 2002
Sold by
Morabito Anthony
Bought by
Morabito Anthony and Morabito Loretta
Source: Public Records

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 Buyer Sale Price Title Company
Morabito Anthony -- --
Morabito Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morabito Anthony $416,666
Previous Owner Morabito Anthony $5,858
Previous Owner Morabito $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $955,000 -- $381 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,451 $52,380 $10,080 $42,300
2024 $8,451 $54,420 $10,080 $44,340
2023 $8,493 $54,300 $10,080 $44,220
2022 $7,939 $54,480 $10,080 $44,400
2021 $6,261 $50,580 $10,080 $40,500
2020 $5,972 $40,080 $10,080 $30,000
2019 $7,042 $40,080 $10,080 $30,000
2018 $6,806 $34,848 $8,485 $26,363
2017 $6,700 $34,338 $8,834 $25,504
2016 $6,227 $32,700 $10,080 $22,620
2015 $3,687 $30,973 $11,074 $19,899
2014 $3,687 $29,220 $11,220 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 462805

Brooklyn Board of REALTORS®

APN: 07835-0069