NOT LISTED FOR SALE

1316 E 53rd St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $940,000 - $1,091,000

5 Beds
3 Baths
2,460 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $892,000 $363 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,890/month

Highlights

  • Wood Flooring
  • Porch
  • Handicap Accessible
  • 5 Car Detached Garage
  • Back, Front, and Side Yard
  • Multiple cooling system units

About This Home

As of November 2022

Old Mill Basin-Very Rare 3 Family Semi-Detached 3 Family Brick, ***PRIVATE DRIVE FOR 4 CARS PLUS DETACHED GARAGE**, Walk In-One bedroom, front and rear entrance, high windows give this unit plenty of light, full bath, great layout, Middle Floor-open porch, living room, eat in kitchen, 2 bedrooms, full bath, plenty of closets, Top Floor-living room, eat in kitchen, 2 bedrooms, full bath, super bright and airy, 10 year old roof, 7 year old gas boiler and hot water heater, great location, close to all transportation, schools and shopping, full possession possible, perfect home for large/growing family or for investors, House Size 17'x50', Lot Size 25'x100', Year Built 1935, Taxes $7,510, Copy of Certificate of Occupancy for 3 family in photos, make your appointment today before this brick beauty is gone!!!

Last Agent to Sell the Property

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 07/17/2022

Last Buyer's Agent

Aaron Eagle

Bergen Basin Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,510

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Partially Fenced Property
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,460 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Porch

Community Details

  • 3 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Block 7800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,510

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Flatlands Ave
  • Cross Street Name2: Avenue K
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 3
  • Parking Attributes: 5 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Garage Door Opener(s), Porch, Refrigerator, Stove
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2460
  • Building Stories: 3
  • Street Name I D X: 53rd
  • Year Built: 1935
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood, Laminate, Tile
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front, Side, Fenced - Partial
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 61
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 7510.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Nov 23, 2022
Sold by
Linda C Papoutsakis Trust and Michael John Papoutsakis Trustee
Bought by
Islam Mohammed Nazrul
Seller's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Aaron Eagle
Bergen Basin Realty LLC
Sold Price
$892,000
Current Estimated Value
$989,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,116
Avg. Annual Appreciation
3.59%
Original Mortgage
$713,600
Outstanding Balance
$691,993
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,123

Purchase Details

Closed on
Apr 5, 2022
Sold by
Papoutsakis John and Papoutsakis Papoutsakis
Bought by
Linda C Papoutsakis Trust and Michael John Papoutsakis As Trustee

Purchase Details

Closed on
Sep 24, 2004
Sold by
Papoutsakis John
Bought by
Papoutsakis John and Papoutsakis Linda
Source: Public Records

Range of Values:

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Average Value
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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
Islam Mohammed Nazrul $892,000 --
Islam Mohammed Nazrul $892,000 --
Linda C Papoutsakis Trust -- --
Linda C Papoutsakis Trust -- --
Papoutsakis John -- --
Papoutsakis John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Mohammed Nazrul $713,600
Closed Islam Mohammed Nazrul $713,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $892,000 -- $363 / Sq Ft
07/17/2022 07/17/22 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 $8,434 $45,960 $10,740 $35,220
2024 $8,434 $50,700 $10,740 $39,960
2023 $8,464 $47,460 $10,740 $36,720
2022 $7,562 $48,600 $10,740 $37,860
2021 $7,510 $50,100 $10,740 $39,360
2020 $3,513 $42,420 $10,740 $31,680
2019 $7,027 $38,580 $10,740 $27,840
2018 $6,782 $34,728 $10,500 $24,228
2017 $6,379 $32,763 $9,758 $23,005
2016 $5,869 $30,909 $8,699 $22,210
2015 $3,508 $29,160 $9,655 $19,505
2014 $3,508 $29,160 $10,252 $18,908
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mussolino

    Seller's Agent in 2022

    Anthony Mussolino

    Ben Bay Realty Co of Bay Ridge

    (718) 836-6504

    2 in this area

    136 Total Sales

    Anthony Mussolino
    Section Image
  • Aaron Eagle

    Buyer's Agent in 2022

    Aaron Eagle

    Bergen Basin Realty LLC

    (718) 730-0096

    25 in this area

    91 Total Sales

    Aaron Eagle
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464299

Brooklyn Board of REALTORS®

APN: 07800-0061

New York Kings County Brooklyn 11234 Flatlands

1316 E 53rd St, Brooklyn, NY

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