NOT LISTED FOR SALE

1523 E 29 St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,221,977 - $1,422,000

6 Beds
3 Baths
-- Sq Ft
2,450 Sq Ft Lot

Sale Details

Date Sold: February 4, 2021

Last sale price $1,100,000

Est. 20% increase in value since last sale

Current estimated payment $7,984 / mo

Highlights

  • Heating System Uses Steam
  • Carpet
  • Back Yard
  • PS 222 Katherine R Snyder Rated A

About This Home

As of February 2021

For sale is a fully detached brick, 3 family home in the heart of Madison. Sitting on a 24.5x100 lot, this home has a generous building size of 20x68. The basement walk-in apartment is vacant, fully finished and features a 1 bedroom apartment that is accessible by both the side of the house as well as the interior. The first floor unit, which is also vacant, features 2 bedrooms, a kitchen, formal living room, dining room and a full bath. The third unit has an identical layout to the first floor with an additional bedroom making it a total of 3 bedrooms. The home also features a two car garage that’s built into the back of the house which can be entered via the first floor. The property has a wide shared driveway that can comfortably fit 3 cars in the back. The heating system and hot water tank were just replaced 5 months ago. Will be delivered fully vacant!

Last Agent to Sell the Property

Ithamar Benshabat

RE/MAX Edge License #10401294564 Listed on: 08/11/2020

RE/MAX Edge

Last Buyer's Agent

Ithamar Benshabat

RE/MAX Edge License #10401294564 Listed on: 08/11/2020

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 2,450 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 7690

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

2,450 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 68.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Building Stories: 2
  • Street Name I D X: 29
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpeting
  • Lot Sq Ft: 2450

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 39
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R3-2

Multi Family

  • Unit Count: 3

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
Aug 11, 2020
Closed on
Feb 4, 2021
Sold by
Bought by
Seller's Agent
Ithamar Benshabat
RE/MAX Edge
Buyer's Agent
Ithamar Benshabat
RE/MAX Edge
Sold Price
$1,100,000
Current Estimated Value
$1,320,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,744
Avg. Annual Appreciation
3.43%
Original Mortgage
$825,000
Outstanding Balance
$725,990
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,754

Purchase Details

Closed on
Jan 16, 2019
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
$1,100,000 --
-- --
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 $825,000
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
02/04/2021 02/04/21 Sold $1,100,000 -- --
08/11/2020 08/11/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,699 $72,300 $12,840 $59,460
2025 $10,699 $73,320 $12,840 $60,480
2024 $10,699 $80,400 $12,840 $67,560
2023 $10,736 $90,660 $12,840 $77,820
2022 $9,449 $75,120 $12,840 $62,280
2021 $9,902 $73,080 $12,840 $60,240
2020 $2,157 $51,480 $12,840 $38,640
2019 $8,627 $51,480 $12,840 $38,640
2018 $8,321 $44,053 $10,521 $33,532
2017 $7,400 $41,560 $8,012 $33,548
2016 $6,794 $39,210 $7,111 $32,099
2015 $4,042 $36,991 $9,782 $27,209
2014 $4,042 $36,991 $11,738 $25,253
Source: Public Records

Agents Affiliated with this Home

  • Ithamar Benshabat

    Seller's Agent in 2021

    Ithamar Benshabat

    RE/MAX Edge

    2 in this area

    7 Total Sales

    Ithamar Benshabat
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 441511

Brooklyn Board of REALTORS®

APN: 07690-0039

New York Kings County Brooklyn 11229 Madison

1523 E 29 St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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