NOT LISTED FOR SALE

1602 E 2nd St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,863,000 - $2,066,522

5 Beds
3 Baths
2,510 Sq Ft
$778/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,300,000 $518 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,065/month

Highlights

  • Wood Flooring
  • 3-minute walk to Avenue P
  • Multiple cooling system units
  • Is 228 David A Boody Rated A-
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of June 2021

This Excellent Semi-Detached 2 Family Brick Duplex home is situated in the sought after neighborhood of Midwood! Truly something you need to see in person! The 1st floor features 2 Bedrooms, Formal Living Room, Dining Room, Eat-In Kitchen, and 1 Full Bathroom, with access to the Basement. The 2nd floor features 3 Bedrooms, Formal Living Room, Dining Room, Eat-In Kitchen and a Full Bathroom. Lots of closet space! This home has a Full, Finished Basement with a Family Room, Laundry Area and a 3/4 Bathroom. The property has a nice sized Front and Backyard and a Built-In Garage for 1 Car. Close to public transportation (F train, B9 and B82 buses). School District 21, with Public School 177, P.S 238 Anne Sullivan, Yeshiva of Brooklyn Girls High School, Public School 199, IVDU Girls School, PS 192 The Magnet School and Bnot Chaya Academy Girls High School nearby. Within close proximity to McDonald Ave, Avenue P and Kings Highway with tons of shopping and dining options!

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 12/29/2020

RE/MAX Edge

Last Buyer's Agent

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 12/29/2020

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,379

Year Built

  • Built in 1940

Lot Details

  • 2,480 Sq Ft Lot
  • Lot Dimensions are 124 x 20
  • Back and Front Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,379

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 73.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave O
  • Cross Street Name2: Ave P
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Central Air - Split, Dryer, Laundry Area, Refrigerator, Stove, Washer
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 2510
  • Building Stories: 2
  • Street Name I D X: 2
  • Building Style: Duplex
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2480

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 21
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 124
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 9379.00

Multi Family

  • Unit Count: 2

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jun 21, 2021
Sold by
Franco Carey and Franco Isaac
Bought by
Ballas Rahamin
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$1,300,000
Current Estimated Value
$1,951,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,631
Avg. Annual Appreciation
9.41%
Original Mortgage
$950,000
Outstanding Balance
$860,107
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,091,524

Purchase Details

Closed on
Dec 2, 2019
Sold by
Franco Carey
Bought by
Franco Carey and Franco Isaac M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ballas Rahamin $1,300,000 --
Franco Carey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballas Rahamin $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $1,300,000 -- $518 / Sq Ft
12/29/2020 12/29/20 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 $10,075 $91,860 $22,920 $68,940
2024 $10,075 $86,880 $22,920 $63,960
2023 $10,188 $106,320 $22,920 $83,400
2022 $9,938 $99,960 $22,920 $77,040
2021 $9,884 $77,160 $22,920 $54,240
2020 $7,413 $80,880 $22,920 $57,960
2019 $8,745 $80,880 $22,920 $57,960
2018 $8,522 $41,803 $13,464 $28,339
2017 $8,457 $41,486 $12,061 $29,425
2016 $7,824 $39,139 $14,832 $24,307
2015 $4,720 $36,924 $14,931 $21,993
2014 $4,720 $34,836 $12,665 $22,171
Source: Public Records

Agents Affiliated with this Home

  • Ruslan Mingazov

    Seller's Agent in 2021

    Ruslan Mingazov

    RE/MAX Edge

    (646) 241-8842

    13 in this area

    239 Total Sales

    Ruslan Mingazov
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446235

Brooklyn Board of REALTORS®

APN: 06608-0021

New York Kings County Brooklyn 11230 Midwood

1602 E 2nd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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