NOT LISTED FOR SALE

1663 President St Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $1,741,422 - $2,224,000

6 Beds
3 Baths
-- Sq Ft
2,744 Sq Ft Lot

Last Sold May 10, 2022

Last sale price $1,550,000

Est. 23% increase in value since last sale

Current estimated payment $10,480/month

20 Days on Market

Highlights

  • 2,744 Sq Ft lot
  • 4-minute walk to Crown Heights-Utica Avenue
  • Balcony
  • Property is near public transit
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of May 2022

Great location close to Eastern Parkway. 2-stories, 2-family, semi-detached, brick house. 1st Fl. features 3 bedrooms, Living rm, dining area. Family room, full bathroom. 2nd Fl. features 2 bedrooms, Living rm, dining area, full bathroom. It also features a balcony. It has a 2-car garage on the back, party driveway. It sits on a 24x112 lot and a 20x67 building. A great opportunity!, Additional information: Appearance:Very good,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Martin Dabao

Realty Executives Today Brokerage Phone: 718-274-2400 License #30DA0940227 Listed on: 01/06/2022

Realty Executives Today

Last Buyer's Agent

Martin Dabao

Realty Executives Today Brokerage Phone: 718-274-2400 License #30DA0940227 Listed on: 01/06/2022

Realty Executives Today

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,585

Year Built

  • Built in 1925

Lot Details

  • 2,744 Sq Ft Lot
  • Lot Dimensions are 24.33x112.75
  • 1 Common Wall

Home Design

  • Duplex
  • 2-Story Property
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Ps 189 Bilingual Center Elementary School
  • Clara Barton High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 58 / 1402

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,585

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1925
  • Attribution Contact: 718-274-2400
  • CurrentPrice: 1550000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached, Shared Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 24.33x112.75
  • Lot Size Sq Ft: 2744
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R4

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3585
  • Tax Block: 1402
  • Tax Lot: 58

MLS Schools

  • Elementary School: Ps 189 Bilingual Center (The)
  • High School: Clara Barton High School
  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
May 10, 2022
Sold by
Da Costa Darrell and Da Costa Dennis
Bought by
Reich Menachem
Seller's Agent
Martin Dabao
Realty Executives Today
Buyer's Agent
Martin Dabao
Realty Executives Today
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
Current Estimated Value
$1,910,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,856
Avg. Annual Appreciation
5.94%
Original Mortgage
$1,240,000
Outstanding Balance
$1,178,184
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$732,672

Purchase Details

Closed on
Dec 18, 2012
Sold by
Dacosta Dennis A
Bought by
Dacosta Darrell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reich Menachem $1,550,000 --
Dacosta Darrell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reich Menachem $1,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $1,550,000 +3.3% --
01/26/2022 01/26/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $1,500,000 -- --
Source: OneKey® MLS

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 $5,613 $87,000 $21,120 $65,880
2024 $5,613 $89,100 $21,120 $67,980
2023 $5,414 $88,500 $21,120 $67,380
2022 $3,704 $83,400 $21,120 $62,280
2021 $3,832 $91,440 $21,120 $70,320
2020 $1,748 $86,160 $21,120 $65,040
2019 $3,209 $80,340 $21,120 $59,220
2018 $2,891 $22,213 $8,036 $14,177
2017 $3,409 $22,213 $8,766 $13,447
2016 $1,325 $21,783 $9,997 $11,786
2015 $710 $20,551 $10,120 $10,431
2014 $710 $19,407 $11,462 $7,945
Source: Public Records

Agents Affiliated with this Home

  • Martin Dabao

    Seller's Agent in 2022

    Martin Dabao

    Realty Executives Today

    (917) 968-5619

    2 in this area

    67 Total Sales

    Martin Dabao
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Map

Source: OneKey® MLS

MLS Number: L3367916

OneKey® MLS

APN: 01402-0058

New York Kings County Brooklyn 11213 Crown Heights

1663 President St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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