NOT LISTED FOR SALE

1581 E 12th St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,011,000 - $1,645,000

7 Beds
3 Baths
4,400 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $915,000 $208 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,451/month

Highlights

  • Wood Flooring
  • Jhs 234 Arthur W Cunningham Rated A-
  • Garden

About This Home

As of January 2024

Welcome to Midwood newest listing. First time on the market in this generation. Fantastic for a big family. The two family home boasts a large three bedroom apartment on the first floor. Second apartment is a four bedroom duplex with a balcony. Finished basement with separate entrance has another three bedrooms and bathroom. Steps from houses of worship. Close to public transportation, restaurants, and shopping. Priced to sell. You have to see it!!!

Last Agent to Sell the Property

Valentina Berlyand

Listed on: 10/18/2022

Last Buyer's Agent

Boris Berlyand

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,296

Year Built

  • Built in 1920

Lot Details

  • 1,100 Sq Ft Lot
  • Lot Dimensions are 100 x 21
  • Garden
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Insurance Expense $1,500

Listing and Financial Details

  • Tax Block 59

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,296

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue O
  • Cross Street Name2: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden
  • Fill Sq Ft Total: 4400
  • Building Stories: 2
  • Street Name I D X: 12th
  • Building Style: Duplex
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 1100

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 6759
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Other
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 21

Multi Family

  • Insurance Expense: 1500.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 7296.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jan 29, 2024
Sold by
A & B United Llc
Bought by
Sardar Raphael
Seller's Agent
Valentina Berlyand
Buyer's Agent
Boris Berlyand
List Price
$1,549,000
Sold Price
$915,000
Premium/Discount to List
-$634,000
-40.93%
Views
135
Current Estimated Value
$1,290,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,177
Avg. Annual Appreciation
21.70%
Original Mortgage
$686,250
Outstanding Balance
$674,122
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$616,055

Purchase Details

Closed on
Nov 13, 2018
Sold by
1581 E 12Th Street Llc
Bought by
A & B United Llc

Purchase Details

Closed on
Sep 5, 2017
Sold by
East 12Th Street Partners Llc
Bought by
1581 E 12Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2016
Sold by
Doorish John F and Doorish
Bought by
Bhmpw Funding Llc and Doorish

Purchase Details

Closed on
Nov 8, 2013
Sold by
John F Doorish and As Executor Of The Estate Of Lucy Longob
Bought by
Doorish John F
Source: Public Records

Range of Values:

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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
Sardar Raphael $915,000 --
Sardar Raphael $915,000 --
A & B United Llc -- --
A & B United Llc -- --
1581 E 12Th Street Llc -- --
1581 E 12Th Street Llc -- --
Bhmpw Funding Llc $173,430 --
East 12Th Street Partners Llc -- --
Bhmpw Funding Llc $173,430 --
Doorish John F -- --
Doorish John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sardar Raphael $686,250
Closed Sardar Raphael $686,250
Previous Owner 1581 E 12Th Street Llc $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $915,000 -22.5% $208 / Sq Ft
10/16/2023 10/16/23 Price Changed $1,180,000 -4.1% $268 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,230,000 -1.6% $280 / Sq Ft
07/21/2023 07/21/23 Price Changed $1,250,000 -3.8% $284 / Sq Ft
04/25/2023 04/25/23 Price Changed $1,299,000 -1.5% $295 / Sq Ft
02/01/2023 02/01/23 Price Changed $1,319,000 -5.8% $300 / Sq Ft
01/26/2023 01/26/23 Price Changed $1,400,000 -6.6% $318 / Sq Ft
01/16/2023 01/16/23 Price Changed $1,499,000 -2.7% $341 / Sq Ft
01/09/2023 01/09/23 Price Changed $1,540,000 -0.6% $350 / Sq Ft
10/18/2022 10/18/22 For Sale $1,549,000 -- $352 / Sq Ft
10/18/2022 10/18/22 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 $8,204 $63,180 $19,320 $43,860
2024 $8,204 $67,260 $19,320 $47,940
2023 $7,859 $76,020 $19,320 $56,700
2022 $7,296 $62,880 $19,320 $43,560
2021 $7,647 $58,020 $19,320 $38,700
2020 $7,635 $70,320 $19,320 $51,000
2019 $7,120 $55,920 $19,320 $36,600
2018 $6,573 $32,246 $8,347 $23,899
2017 $5,467 $30,456 $12,258 $18,198
2016 $5,467 $30,456 $10,957 $19,499
2015 $3,027 $30,057 $13,884 $16,173
2014 $3,027 $28,365 $15,719 $12,646
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Valentina Berlyand

  • B

    Buyer's Agent in 2024

    Boris Berlyand

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 467489

Brooklyn Board of REALTORS®

APN: 06759-0059

New York Kings County Brooklyn 11230 Midwood

1581 E 12th St, Brooklyn, NY

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