Seller's Agent in 2024
Matthew Schnepf
Century 21 American Homes
(718) 593-9825
1 in this area
52 Total Sales
174 Essex St Brooklyn, NY 11208
Cypress Hills NeighborhoodEstimated Value: $927,460 - $1,167,000
6
Beds
3
Baths
2,314
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 2-minute walk to Cleveland Street (J,Z Lines)
- Main Floor Primary Bedroom
- P.S. 108 - Sal Abbracciamento Rated 9+
- Wood Flooring
- 1 Fireplace
About This Home
As of May 2024Welcome To 174 Essex Street, A Beautifully Renovated Two-Family Home Nestled In The Vibrant Heart Of Cypress Hills on the border of Brooklyn & Queens. This Stunning Property Boasts An Impressive Six Bedrooms And Three Bathrooms Across Its Spacious Layout, Making It An Ideal Choice For Families Or New Investors Looking To Live In One Unit And Collect Rent From The Other All While Seeking A Blend Of Comfort And Style. As You Step Inside, You're Greeted By The Warm Ambiance Of Hardwood Floors That Extend Throughout The Home, Fitted With An Updated Electrical System Complemented By An Abundance Of Natural Light That Floods In Through Large Windows, Creating A Welcoming And Airy Atmosphere. The Brick Front Of The Building Adds A Touch Of Classic Brooklyn Charm, Seamlessly Blending The Traditional With The Modern. Each Unit In This Remarkable Home Has Been Thoughtfully Designed To Maximize Space And Functionality, Ensuring Comfortable Living For All Residents. The Large Backyard Offers A Rare Oasis In The City, Providing A Perfect Setting For Relaxation, Outdoor Dining, Or Entertaining Guests. It's A Serene Retreat From The Urban Hustle And Still Within The Reach Of Brooklyn's Vibrant Energy. The Home's Finished Basement Offers Additional Living Space, Ideal For A Home Office, Recreational Area, Or Extra Storage. The Convenience Of Private Parking Is A Coveted Luxury In The City, Adding To The Appeal Of This Exceptional Property. Situated In A Sought-After New York Centric Location, Only A Short Distance To The Beach, Manhattan, Long Island And Also 174 Essex Street Enjoys Proximity To A Diverse Array Of Local Amenities, Including Trendy Cafes, Fine Dining, Eclectic Shopping, And Lively Entertainment Options. The Area Is Well-Served By Public Transportation, Making It Easy To Explore All That Brooklyn And The Greater New York City Area Have To Offer. This Two-Family Home Is Not Just A Residence But A Lifestyle Choice For Those Seeking The Perfect Balance Of City Excitement And Home Comforts. With Its Combination Of Modern Renovations, Spacious Interiors, And Desirable Location, 174 Essex Street Is Truly A Rare Find.
Last Agent to Sell the Property
Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #10401269178 Listed on: 12/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,412
Year Built
- Built in 1901
Lot Details
- 2,706 Sq Ft Lot
- Lot Dimensions are 25x108.25
- No Common Walls
- Private Entrance
- Back Yard Fenced
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 2,314 Sq Ft Home
- Skylights
- 1 Fireplace
- Entrance Foyer
- Home Office
- Wood Flooring
- Finished Basement
- Partial Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Parking
- No Garage
- Private Parking
- Driveway
Location
- Property is near public transit
Schools
- Vista Academy Middle School
- Transit Tech Career And Tech Edu High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 53 / 3956
- Assessor Parcel Number 03956-0053
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2023
Closed on
May 2, 2024
Sold by
Velez Jr. Demetrio and Velez Lydia E
Bought by
Bodom Priscilla
Seller's Agent
Matthew Schnepf
Coldwell Banker American Homes
Buyer's Agent
Terell Matthews
Classic Service Realty Inc
List Price
$1,100,000
Sold Price
$999,990
Premium/Discount to List
-$100,010
-9.09%
Views
58
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
$82,875
Avg. Annual Appreciation
5.07%
Original Mortgage
$949,990
Outstanding Balance
$934,658
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,207
Purchase Details
Closed on
Dec 20, 2005
Sold by
Ahmad Imtiaz
Bought by
Velez Demetrio and Velez Lydia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.28%
Purchase Details
Closed on
Jul 3, 1997
Sold by
Ahmad Mushtaq
Bought by
Ahmad Imtiaz
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bodom Priscilla | $999,990 | -- | |
| Bodom Priscilla | $999,990 | -- | |
| Bodom Priscilla | $999,990 | -- | |
| Velez Demetrio | $572,000 | -- | |
| Velez Demetrio | $572,000 | -- | |
| Ahmad Imtiaz | -- | -- | |
| Ahmad Imtiaz | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bodom Priscilla | $949,990 | |
| Closed | Bodom Priscilla | $949,990 | |
| Previous Owner | Velez Demetrio | $114,400 | |
| Previous Owner | Velez Demetrio | $457,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $999,990 | -9.1% | $432 / Sq Ft |
| 03/06/2024 03/06/24 | Pending | -- | -- | -- |
| 12/31/2023 12/31/23 | For Sale | $1,100,000 | -- | $475 / Sq Ft |
Source: OneKey® MLS
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 | $6,528 | $59,760 | $13,980 | $45,780 |
| 2024 | $6,528 | $47,220 | $13,980 | $33,240 |
| 2023 | $6,412 | $56,580 | $13,980 | $42,600 |
| 2022 | $6,083 | $47,940 | $13,980 | $33,960 |
| 2021 | $6,039 | $37,020 | $13,980 | $23,040 |
| 2020 | $2,823 | $45,660 | $13,980 | $31,680 |
| 2019 | $5,617 | $45,660 | $13,980 | $31,680 |
| 2018 | $5,303 | $27,475 | $8,401 | $19,074 |
| 2017 | $5,121 | $26,592 | $10,258 | $16,334 |
| 2016 | $4,705 | $25,087 | $10,589 | $14,498 |
| 2015 | $2,806 | $23,667 | $9,290 | $14,377 |
| 2014 | $2,806 | $23,544 | $8,849 | $14,695 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Schnepf
-
Terell Matthews
Buyer's Agent in 2024
Terell Matthews
Classic Service Realty Inc
(516) 974-3427
1 in this area
1 Total Sale
Map
Source: OneKey® MLS
MLS Number: KEY3522877
APN: 03956-0053
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