NOT LISTED FOR SALE

1559 E 54th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $745,000 - $855,000

3 Beds
2.5 Baths
1,356 Sq Ft
$585/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $725,000 $535 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,666/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of August 2023

Prime OMB Location: Just Arrived: Semi-Attached Legal "2 Family".
This is an Amazing Dream Come True!
Come and Enjoy the Beauty of a Fully Renovated Home.
Hardwood Floors, 2 Kitchens, 3 Baths, Formal Living Rm, Dining Rm, Open Porch, Eik, All New Stainless-Steel Appliances. Beautiful Aesthetics. All New Baths, on Every Floor. Full Finished Base, Bonus Summer Kitchen and Bath, Plenty of Room for Mom or Guests.
This Home can also be easily used as a 3 Bed Duplex.
Parking Not a Problem, Extra "Wide" Share Driveway,
Easy for 2 cars. A Truly Must See! Come Take a Look. You Will Be Glad That You DID.
Do Not Miss Out.

Last Agent to Sell the Property

Barbara Horan

RE/MAX Edge Listed on: 01/13/2023

RE/MAX Edge

Last Buyer's Agent

Barbara Horan

RE/MAX Edge Listed on: 01/13/2023

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,008

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 19.5 x 100
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

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

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7879

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,008

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue M
  • Cross Street Name2: Avenue N
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Microwave, Refrigerator, Stove
  • Building Stories: 2
  • Street Name I D X: 54th
  • Building Style: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 1950

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Dimensions: 19.5 x 100
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 6008.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Aug 31, 2023
Sold by
Zoey Properties Llc
Bought by
Ahmed Hamid and Hanif Sofia
Seller's Agent
Barbara Horan
RE/MAX Edge
Buyer's Agent
Barbara Horan
RE/MAX Edge
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Views
35
Current Estimated Value
$793,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,367
Avg. Annual Appreciation
3.84%
Original Mortgage
$634,312
Outstanding Balance
$619,486
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,881

Purchase Details

Closed on
Dec 4, 2019
Sold by
Famulari Dominic J Esq
Bought by
Zoey Properties Llc

Purchase Details

Closed on
Nov 29, 2006
Sold by
Nrg Development Group Inc
Bought by
Jefferson Staceyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Local Services Inc and Tarantola Santa
Bought by
Nrg Development Group Inc

Purchase Details

Closed on
Nov 17, 1997
Sold by
Gallo Margaret
Bought by
Tarantola Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Ahmed Hamid $746,750 --
Ahmed Hamid $746,750 --
Zoey Properties Llc $444,400 --
Zoey Properties Llc $444,400 --
Jefferson Staceyann $565,000 --
Jefferson Staceyann $565,000 --
Nrg Development Group Inc $340,000 --
Nrg Development Group Inc $340,000 --
Local Services Inc $295,000 --
Tarantola Steven $155,000 Commonwealth Land Title Ins
Tarantola Steven $155,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Hamid $634,312
Closed Ahmed Hamid $634,312
Previous Owner Jefferson Staceyann $565,000
Previous Owner Tarantola Steven $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $725,000 -5.7% $535 / Sq Ft
07/13/2023 07/13/23 Price Changed $769,000 +5.5% $567 / Sq Ft
05/11/2023 05/11/23 Price Changed $729,000 -1.4% $538 / Sq Ft
04/20/2023 04/20/23 Price Changed $739,000 -1.3% $545 / Sq Ft
04/17/2023 04/17/23 For Sale $749,000 +3.3% $552 / Sq Ft
04/15/2023 04/15/23 Off Market $725,000 -- --
04/03/2023 04/03/23 Price Changed $749,000 -1.3% $552 / Sq Ft
01/31/2023 01/31/23 Price Changed $759,000 -3.8% $560 / Sq Ft
01/13/2023 01/13/23 For Sale $789,000 -- $582 / Sq Ft
01/13/2023 01/13/23 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 $6,700 $39,060 $9,240 $29,820
2024 $6,700 $37,680 $9,240 $28,440
2023 $6,461 $38,460 $9,240 $29,220
2022 $6,008 $33,900 $9,240 $24,660
2021 $6,109 $32,760 $9,240 $23,520
2020 $6,109 $32,640 $9,240 $23,400
2019 $5,816 $31,260 $9,240 $22,020
2018 $5,404 $26,512 $7,561 $18,951
2017 $5,113 $25,081 $7,035 $18,046
2016 $4,836 $24,192 $8,297 $15,895
2015 $2,854 $24,192 $10,065 $14,127
2014 $2,854 $23,167 $9,299 $13,868
Source: Public Records

Agents Affiliated with this Home

  • Barbara Horan

    Seller's Agent in 2023

    Barbara Horan

    RE/MAX

    (917) 922-2931

    29 in this area

    60 Total Sales

    Barbara Horan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471011

Brooklyn Board of REALTORS®

APN: 07879-0012

New York Kings County Brooklyn 11234 Flatlands

1559 E 54th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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