NOT LISTED FOR SALE

1723 Gerritsen Ave Brooklyn, NY 11229

Marine Park Neighborhood

Estimated Value: $989,000 - $1,032,000

5 Beds
3 Baths
2,427 Sq Ft
$417/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $970,000 $400 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,879/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Multiple cooling system units
  • PS 222 Katherine R Snyder Rated A
  • Back, Front, and Side Yard
  • Hot Water Heating System

About This Home

As of November 2024

Don't miss the opportunity to check out this fantastic two-family, semi-detached brick home in the Marine Park neighborhood! With a spacious 30 x 100 sq.ft. lot, this home offers convenient access to transportation, shopping, and places of worship. The first-floor features a with 2 bedrooms and separate entrances, while the main floor boasts 3 bedrooms, 1 full bath, and 3/4 bath, along with a spacious living room, dining room, and kitchen. Additionally, this property includes a built-in garage with extra parking and a well-maintained backyard. This is a property you definitely won't want to miss!

Last Agent to Sell the Property

Thomas Durante

RE/MAX Elite Listed on: 07/23/2024

RE/MAX Elite

Last Buyer's Agent

Thomas Durante

RE/MAX Elite Listed on: 07/23/2024

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,025

Year Built

  • Built in 1945

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Flooring

  • Wood
  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,025

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 57.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue R
  • Cross Street Name2: Nostrand Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Fill Sq Ft Total: 2427
  • Building Stories: 2
  • Street Name I D X: Gerritsen
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1945
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpeting, Ceramic, Hardwood, Parquet
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 49
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 7025.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Nov 22, 2024
Sold by
Nissinboim Marla
Bought by
Eng Lisa and Eng Lylia
Seller's Agent
Thomas Durante
RE/MAX Elite
Buyer's Agent
Thomas Durante
RE/MAX Elite
List Price
$988,000
Sold Price
$970,000
Premium/Discount to List
-$18,000
-1.82%
Views
62
Current Estimated Value
$1,012,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,321
Avg. Annual Appreciation
3.89%
Original Mortgage
$270,000
Outstanding Balance
$267,262
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$745,059

Purchase Details

Closed on
Aug 14, 2000
Sold by
Kurtz Abraham I and Kurtz Rivka
Bought by
Libowitz Frances and Nissinboim Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
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
Eng Lisa $970,000 --
Eng Lisa $970,000 --
Libowitz Frances $296,500 --
Libowitz Frances $296,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Lisa $270,000
Closed Eng Lisa $270,000
Previous Owner Libowitz Frances $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $970,000 -1.8% $400 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $988,000 -- $407 / Sq Ft
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 $7,032 $62,040 $15,720 $46,320
2024 $7,032 $58,320 $15,720 $42,600
2023 $7,111 $64,440 $15,720 $48,720
2022 $6,929 $58,920 $15,720 $43,200
2021 $6,864 $52,920 $15,720 $37,200
2019 $6,438 $50,760 $15,720 $35,040
2018 $6,274 $33,177 $9,218 $23,959
2017 $6,118 $32,926 $10,043 $22,883
2016 $5,608 $31,063 $11,256 $19,807
2015 $3,357 $29,306 $13,325 $15,981
2014 $3,357 $27,648 $11,593 $16,055
Source: Public Records

Agents Affiliated with this Home

  • Thomas Durante

    Seller's Agent in 2024

    Thomas Durante

    RE/MAX

    (917) 714-9361

    1 in this area

    27 Total Sales

    Thomas Durante
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484665

Brooklyn Board of REALTORS®

APN: 06815-0049

New York Kings County Brooklyn 11229 Marine Park

1723 Gerritsen Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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