NOT LISTED FOR SALE

1397 E 51st St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $874,856 - $993,000

8 Beds
3 Baths
2,332 Sq Ft
$402/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $950,000 $407 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,748 / mo

19 Days on Market

About This Home

As of October 2024

Huge 2-family brick semi-attached property for sale in the heart of Flatlands, Brooklyn with private parking! Property details: 3 bedrooms, 1 bathroom apartment over 3 bedrooms, 1 bathroom. Full finish basement with full bathroom and separate entrance - perfect for extended family. Very nice backyard, perfect for entertaining. Expansive 2,332 sqft living space, larger than average in the area. Top unit features a charming porch, ideal for outdoor relaxation. Prime location in Flatlands, close to shopping, dining, and transportation. Priced to sell at $949,900, an unbeatable value in today's market! Don't miss out on this incredible opportunity to own a piece of Brooklyn real estate.

Last Agent to Sell the Property

Karin Lanciano

Lanciano Pizante Brokerage Phone: 917-426-8415 License #10401317111 Listed on: 09/04/2024

Last Buyer's Agent

Leon Pizante

Lanciano Pizante License #10491213768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,874

Year Built

  • Built in 1940

Lot Details

  • 2,867 Sq Ft Lot
  • Lot Dimensions are 28.67x100
  • 1 Common Wall

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,332 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 203 Floyd Bennett Elementary School
  • JHS 78 Roy H Mann Middle School
  • Brooklyn College Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 14 / 7799
  • Assessor Parcel Number 07799-0014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,874

Year Built

Built in 1940

Lot Details

2,867 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Semi Detached
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 917-426-8415
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 2332
  • SquareFootage: 2332.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 78 Roy H Mann

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.67x100
  • Lot Size Sq Ft: 2867
  • Lot Size Units: Acres
  • Parcel Number: 07799-0014
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7874
  • Tax Block: 7799
  • Tax Lot: 14
  • Tax Map Number: 07799-0014

MLS Schools

  • Elementary School: Ps 203 Floyd Bennett School
  • High School: Brooklyn College Academy
  • Middle School District: Brooklyn 22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 31, 2024
Sold by
Bought by
Seller's Agent
Karin Lanciano
Lanciano Pizante
Buyer's Agent
Leon Pizante
Lanciano Pizante
List Price
$949,900
Sold Price
$950,000
Premium/Discount to List
$100
0.01%
Views
68
Current Estimated Value
$938,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,786
Avg. Annual Appreciation
-0.73%
Original Mortgage
$760,000
Interest Rate
0.0608%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
0.0708%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
0.0581%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$950,000 --
$770,000 --
$575,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $760,000
Previous Owner $539,000
Previous Owner $460,000
Previous Owner $5,781
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $950,000 0.0% $407 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $949,900 -- $407 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,809 $43,080 $12,000 $31,080
2025 $7,874 $38,880 $12,000 $26,880
2024 $7,874 $40,920 $12,000 $28,920
2023 $7,511 $39,960 $12,000 $27,960
2022 $6,679 $41,040 $12,000 $29,040
2021 $6,632 $38,160 $12,000 $26,160
2020 $3,296 $34,800 $12,000 $22,800
2019 $6,541 $38,460 $12,000 $26,460
2018 $5,985 $30,820 $10,814 $20,006
2017 $5,628 $29,077 $10,238 $18,839
2016 $5,174 $27,432 $11,550 $15,882
2015 $3,089 $27,432 $12,303 $15,129
2014 $3,089 $27,225 $11,425 $15,800
Source: Public Records

Agents Affiliated with this Home

  • Karin Lanciano

    Seller's Agent in 2024

    Karin Lanciano

    Lanciano Pizante

    (347) 901-3106

    1 in this area

    40 Total Sales

    Karin Lanciano
    Section Image

  • L

    Buyer's Agent in 2024

    Leon Pizante

    Lanciano Pizante

    1 in this area

    9 Total Sales

    Leon Pizante
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3576534

OneKey® MLS

APN: 07799-0014

New York Kings County Brooklyn 11234 Flatlands

1397 E 51st St, Brooklyn, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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