NOT LISTED FOR SALE

Estimated Value: $717,000 - $911,000

Studio
-- Bath
1,928 Sq Ft
$434/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $775,000 $402 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,872/month

19 Days on Market

About This Home

As of January 2020

Terrific, solid-brick, multi-family investment property just hitting the market in the red-hot area of the Flatlands, right by Georgetown! This is the highly sought, rarely found, 2-family brick home with attached garage that everybody is looking for! In exceptional condition, with gorgeous, all original, high-shine, blonde-hardwood floors throughout, this tastefully renovated 3-story home is spacious at nearly 2,000 square feet of living space! The walk-in level is an enormous, 1-bedroom, 1-bathroom unit with front driveway entrance as well as garden access in the back. The floor above is the first level of a 3-bedroom duplex apartment that boasts a wide-open front and living room leading to the dining room alongside a modern kitchen with center-cut island bar, complete with room for more seating and fresh appliances like a double-door fridge and freezer. There's a convenient half bathroom and the rear door off of the kitchen leads out onto the back deck and into the garden patio area, perfect for relaxing or gatherings with friends and family. The top floor of the duplex has 3-bedrooms and a full bath; all bedrooms are quite large with ample closet space, and the lovely full bathroom took full advantage of the recent update! Also there are washer and dryer for the apartment. Making this property even more impressive is an attached garage which is very versatile, and there's extra space in the driveway for even more parking in front. Inventory for 2-family homes in this area is very scarce! Just a few blocks from Utica avenue, close to Flatlands Avenue and a short walk to everything you could need! Call today!

Co-Listed By

Rebecca Goldberg

Douglas Elliman Real Estate License #10301216846

Douglas Elliman Real Estate

Property Details

Home Type

  • Condo-Op

Lot Details

  • 2,004

Parking

  • Garage

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Legal Lot and Block 62 / 7832

Community Details

Overview

  • 2 Units
  • Flatland Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condo-Op

Lot Details

0

Listing Details

  • Cross Street: Ave L
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: FLATLAND
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 7832
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Gibson Joseph B and Gibson Stephan M
Bought by
Stephan Gibson Living Trust and Stephan Gibson Trustee
Current Estimated Value
$837,197

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 29, 2020
Sold by
Hines Herman and Hines Sabrina R
Bought by
Gibson Joseph B and Gibson Stephan M
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%
Original Mortgage
$760,962
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 1995
Sold by
Muchnik Izya and Muchnik Nyusya
Bought by
Hines Herman and Hines Sabrina R
Source: Public Records
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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
Stephan Gibson Living Trust -- --
Gibson Joseph B $775,000 --
Hines Herman $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Joseph B $760,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $775,000 -1.3% $402 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $785,000 -- $407 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,195 $39,360 $7,860 $31,500
2024 $6,195 $40,680 $7,860 $32,820
2023 $4,546 $40,860 $7,860 $33,000
2022 $6,020 $42,300 $7,860 $34,440
2021 $6,078 $32,640 $7,860 $24,780
2019 $5,084 $31,320 $7,860 $23,460
2018 $4,825 $25,128 $6,872 $18,256
2017 $4,823 $25,128 $6,234 $18,894
2016 $4,501 $24,067 $7,053 $17,014
2015 $2,648 $22,705 $7,745 $14,960
2014 $2,648 $21,420 $8,760 $12,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10588110

Real Estate Board of New York (REBNY)

APN: 07832-0062