Seller's Agent in 2025
Franklyn Bowen
Brooklyn Real Property Inc
(212) 518-6638
5 in this area
10 Total Sales
166 E 40th St Brooklyn, NY 11203
East Flatbush Neighborhood
4
Beds
2.5
Baths
2,080
Sq Ft
2,000
Sq Ft Lot
Highlights
- Wood Flooring
- Multiple cooling system units
- Laundry Facilities
- Detached Garage
- Heating System Uses Steam
- Back and Front Yard
About This Home
As of February 2025Solid Two Family Brick House in East Flatbush close to shopping and transportation (subway and buses), 2 bedrooms over 2 bedrooms over a full finished basement with 2/3 bathroom, high ceiling and separate entrance to basement, Shared Driveway, Detached Garage, Back and front yard space. Delivered FULLY Vacant!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,791
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Parquet
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Detached Garage
- Garage Door Opener
- Shared Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- Heating System Uses Oil
- Gas Water Heater
- Oil Water Heater
Listing and Financial Details
- Tax Block 4876
Community Details
Building Details
- 2 Vacant Units
- Fuel Expense $2,500
- Insurance Expense $1,800
- Utility Expense $3,000
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Feb 18, 2025
Sold by
Lopez Dianne and Lopez Merle
Bought by
Hussain Akbar and Hussain Farha
Seller's Agent
Franklyn Bowen
Brooklyn Real Property Inc
Buyer's Agent
Franklyn Bowen
Brooklyn Real Property Inc
List Price
$889,000
Sold Price
$905,000
Premium/Discount to List
$16,000
1.8%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,456
Avg. Annual Appreciation
7.77%
Original Mortgage
$630,000
Outstanding Balance
$625,279
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$339,177
Purchase Details
Closed on
Dec 13, 2003
Sold by
Lopez Merle
Bought by
Lopez Dianne and Lopez Merle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $905,000 | -- | |
| Deed | $905,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $630,000 | Purchase Money Mortgage | |
| Closed | $630,000 | Purchase Money Mortgage | |
| Previous Owner | $118,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $905,000 | +1.8% | $435 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | For Sale | $889,000 | -- | $427 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,119 | $64,140 | $15,780 | $48,360 |
| 2024 | $7,119 | $59,040 | $15,780 | $43,260 |
| 2023 | $6,791 | $62,040 | $15,780 | $46,260 |
| 2022 | $6,437 | $52,320 | $15,780 | $36,540 |
| 2021 | $6,786 | $49,620 | $15,780 | $33,840 |
| 2020 | $3,276 | $37,800 | $15,780 | $22,020 |
| 2019 | $6,179 | $37,800 | $15,780 | $22,020 |
| 2018 | $5,681 | $27,867 | $12,074 | $15,793 |
| 2017 | $5,478 | $26,872 | $12,944 | $13,928 |
| 2016 | $5,372 | $26,872 | $13,015 | $13,857 |
| 2015 | $3,058 | $26,092 | $14,214 | $11,878 |
| 2014 | $3,058 | $24,616 | $13,360 | $11,256 |
Source: Public Records
Agents Affiliated with this Home
-
Franklyn Bowen
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 486324
APN: 04876-0031
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.
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
- 125 E 42nd St
- 230 E 42nd St
- 266 E 37th St
- 221 E 42nd St
- 145 E 38th St
- 555 Linden Blvd
- 4211 Snyder Ave
- 902 Brooklyn Ave
- 201 E 35th St
- 938 Troy Ave
- 4312 Snyder Ave
- 202 E 35th St
- 755 Albany Ave
- 3500 Snyder Ave Unit 2P
- 3500 Snyder Ave Unit 6G
- 3500 Snyder Ave Unit 7
- 3500 Snyder Ave Unit 5C
- 40 E 43rd St Unit 2K
- 625 Lenox Rd
- 984 Troy Ave