NOT LISTED FOR SALE

1531 85th St Brooklyn, NY 11228

Bensonhurst Neighborhood

Estimated Value: $1,242,930 - $1,491,000

4 Beds
2.5 Baths
1,824 Sq Ft
$740/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $999,999 $548 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,882/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • P.S. 204 Vince Lombardi Rated A

About This Home

As of January 2020

LEGAL 2 FAMILY BRICK HOME WITH PARKING IN DYKER HEIGHTS. THIS HOME IS WELL KEPT WITH WINDOWS AND ROOF REPLACED ABOUT 7 YEARS AGO. 3 BEDROOM DUPLEX OVER 1 BEDROOM WALK-IN. WALK-IN: 1 BEDROOM, LIVING ROOM, EAT-IN KITCHEN, FULL BATH. FIRST & SECOND FLOOR DUPLEX - FIRST FLOOR: LIVING ROOM, DINING ROOM, KITCHEN, HALF BATH, REAR DECK. SECOND FLOOR: 3 BEDROOMS, FULL BATH. ZONED FOR P.S. 204, CLOSE TO 18TH AVENUE, D TRAIN, 86TH STREET SHOPPING AND MUCH MORE. FULL POSSESSION IS POSSIBLE. LOT: 19.5x100. BUILDING: 20x32. APPROX. BUILDING SQ FT: 1,824. EST. ANNUAL TAXES: $7,808. ZONING: R4. APPROX. YEAR BUILT: 1955. STORIES: 2.

Last Agent to Sell the Property

Lawrence Wong

Listed on: 05/16/2019

Last Buyer's Agent

Lawrence Wong

Listed on: 05/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,808

Year Built

  • Built in 1955

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard

Parking

  • 1 Parking Space

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,808

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 640
  • Building Length: 32.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 15th Ave
  • Cross Street Name2: 16th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1824
  • Building Stories: 2
  • Street Name I D X: 85th Street
  • Street Number I D X: 1531
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1950
  • Total Rooms: 9

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 70
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 7808.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jan 22, 2020
Sold by
John Schiavone As Executor
Bought by
Li Yan Su and Win Hlaing
Seller's Agent
Lawrence Wong
Buyer's Agent
Lawrence Wong
Sold Price
$999,999
Current Estimated Value
$1,349,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,234
Avg. Annual Appreciation
5.34%
Original Mortgage
$700,000
Outstanding Balance
$620,023
Interest Rate
3.73%
Mortgage Type
Unknown
Estimated Equity
$729,210
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
Li Yan Su $999,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yan Su $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $999,999 -- $548 / Sq Ft
05/16/2019 05/16/19 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 $8,996 $69,060 $15,480 $53,580
2024 $8,996 $64,380 $15,480 $48,900
2023 $9,096 $67,860 $15,480 $52,380
2022 $8,583 $60,420 $15,480 $44,940
2021 $8,733 $61,080 $15,480 $45,600
2020 $6,549 $58,500 $15,480 $43,020
2019 $3,402 $58,500 $15,480 $43,020
2018 $3,315 $37,324 $9,639 $27,685
2017 $4,156 $35,830 $9,659 $26,171
2016 $5,707 $34,579 $11,124 $23,455
2015 $3,296 $32,624 $12,352 $20,272
2014 $3,296 $31,104 $12,863 $18,241
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lawrence Wong

    5 in this area

    60 Total Sales

    Lawrence Wong
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 430012

Brooklyn Board of REALTORS®

APN: 06324-0070

New York Kings County Brooklyn 11228 Bensonhurst

1531 85th St, Brooklyn, NY

This home is located at 1531 85th St, Brooklyn, NY 11228 since 16 May 2019 and is currently estimated at $1,349,233, approximately $739 per square foot. This property was built in 1955. 1531 85th St is a home located in Kings County with nearby schools including P.S. 204 Vince Lombardi, IS 201 Madeleine Brennan Intermediate School, and New Utrecht High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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