NOT LISTED FOR SALE

1597 E 53 St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $656,284

Studio
3 Baths
1,920 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $475,000 $247 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,943/month

About This Home

As of November 2021

Completely renovated legal 2 family home with a finished basement with its own separate entrance. Located close to shopping district and public transportation. This home is fully rented. The tenants pay on a month to month bases, and the tenants will be sold with the house.

Last Agent to Sell the Property

Gianna Sciortino

Listed on: 01/20/2021

Last Buyer's Agent

Gianna Sciortino

Listed on: 01/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 3 Full Bathrooms
  • 1,920 Sq Ft Home
  • 1-Story Property

Finished Basement

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,643

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 48.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue N
  • Cross Street Name2: Avenue M
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 1920
  • Building Stories: 1
  • Street Name I D X: 53
  • Building Style: Ranch
  • Waterfront Present: No
  • Year Built: 1910
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Other
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Stucco
  • Foundation Details: Block
  • Lot Number: 12
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 5643.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
5801 Avenue N Realty Llc
Bought by
Ducille Dominique
Current Estimated Value
$656,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,500
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2021
Sold by
Blue Ribbon 1597 Llc
Bought by
5801 Avenue N Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2015
Sold by
1597 East 53Rd Street Llc
Bought by
Blue Ribbon 1597 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2015
Sold by
Murano Patrick
Bought by
1597 East 53Rd Street Llc

Purchase Details

Closed on
Oct 13, 2004
Sold by
Miller Edward P
Bought by
Murano Patrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ducille Dominique $610,000 --
5801 Avenue N Realty Llc $475,000 --
Blue Ribbon 1597 Llc $460,000 --
1597 East 53Rd Street Llc -- --
Murano Patrick $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ducille Dominique $579,500
Previous Owner 5801 Avenue N Realty Llc $300,000
Previous Owner Blue Ribbon 1597 Llc $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $475,000 -- $247 / Sq Ft
01/20/2021 01/20/21 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 $6,137 $33,360 $18,540 $14,820
2024 $6,137 $34,260 $18,540 $15,720
2023 $5,944 $38,940 $18,540 $20,400
2022 $5,521 $35,880 $18,540 $17,340
2021 $5,675 $30,840 $18,540 $12,300
2020 $4,071 $37,440 $18,540 $18,900
2019 $5,326 $37,440 $18,540 $18,900
2018 $4,971 $24,388 $12,794 $11,594
2017 $4,698 $23,047 $12,972 $10,075
2016 $4,492 $22,471 $14,711 $7,760
2015 $2,622 $22,215 $15,708 $6,507
2014 $2,622 $21,218 $14,570 $6,648
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gianna Sciortino

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446849

Brooklyn Board of REALTORS®

APN: 07878-0012

New York Kings County Brooklyn 11234 Flatlands

1597 E 53 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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.

Nearby Homes