NOT LISTED FOR SALE

1321 E 51st St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $2,209,000 - $2,652,000

6 Beds
3 Baths
4,400 Sq Ft
$555/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $1,100,000 $250 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $14,135/month

53 Days on Market

Highlights

  • 5,000 Sq Ft lot
  • Pre War Building
  • Garage

About This Home

As of September 2023

Brooklyn Beauty! Imagine the possibilities for this legal 3-family. A 2-story detached property with a full basement on a large lot with a 1 bedroom bungalow (also with full basement), a 4-car covered garage and a driveway and backyard, allowing for parking for 4 additional cars. Entire property is owner occupied and will be delivered vacant.

PROPERTY SPECIFICATIONS
Legal 3-Family
6 Bedrooms
3 Baths
8 Car Parking (4 covered garage, 4 car parking in driveway)
Property Class: (C0)
Zoning: R5
Lot size: 50x100
Annual Taxes: $8,458

Last Agent to Sell the Property

Mable Ivory

REAL BROKER LLC License #40IV1107640 Listed on: 02/17/2023

REAL BROKER LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 3 Units
  • Northeast Flatbush Subdivision

Listing and Financial Details

  • Tax Block 07777

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Northeast Flatbush
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Area: 5000.0
  • Lot Size Dimensions: 50.0 x 100.0

Building Info

  • Units: 3
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 07777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2002
Sold by
Steinmetz Joel
Bought by
Hammer Rebecca
Current Estimated Value
$2,442,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
7.15%
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
Hammer Rebecca -- --
Steinmeiz Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinmeiz Joel $384,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $1,100,000 +10.1% $250 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $999,000 -- $227 / 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 $16,364 $129,120 $27,900 $101,220
2024 $16,364 $113,400 $27,900 $85,500
2023 $16,547 $105,180 $27,900 $77,280
2022 $16,143 $86,100 $27,900 $58,200
2021 $16,054 $92,040 $27,900 $64,140
2019 $14,203 $87,240 $27,900 $59,340
2018 $13,841 $67,896 $19,610 $48,286
2017 $13,737 $67,386 $22,004 $45,382
2016 $12,709 $63,572 $21,070 $42,502
2015 $7,852 $59,974 $27,391 $32,583
2014 $7,852 $56,580 $31,020 $25,560
Source: Public Records

Agents Affiliated with this Home

  • Mable Ivory

    Seller's Agent in 2023

    Mable Ivory

    REAL BROKER LLC

    (917) 648-1192

    2 in this area

    78 Total Sales

    Mable Ivory
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10886889

Real Estate Board of New York (REBNY)

APN: 05649-0067

New York Kings County Brooklyn 11219 Flatlands

1321 E 51st St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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