NOT LISTED FOR SALE

1740 Gerritsen Ave Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $849,157 - $1,020,000

-- Bed
2 Baths
1,696 Sq Ft
$552/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $790,000 $466 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,793/month

Highlights

  • Porch
  • Back, Front, and Side Yard
  • Private Driveway
  • PS 222 Katherine R Snyder Rated A
  • Heating System Uses Steam

About This Home

As of July 2018

MARNE PARK 2 FAMILY BRICK BUILT 22 WIDE. RNNOVATED WALK IN APARTMEN WITH NEW TILE FLOORS. PRIVATE PARKING!!!! NEW FRONT PORCH & BRICK WORK, NEW AWNING. NEW ROOF, DELIVERED VACANT.

Last Agent to Sell the Property

Michael Fraulo

Ben Bay Rlty of Marine Pk LLC Listed on: 03/26/2018

Last Buyer's Agent

Tracy Chen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,393

Lot Details

  • 1,611 Sq Ft Lot
  • Lot Dimensions are 59 x 27
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Parquet Flooring
  • Walk-Out Basement

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,393

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 8.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 616
  • Building Length: 28.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Nostrand Av
  • Cross Street Name2: Avenue R
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch
  • Fill Sq Ft Total: 1696
  • Building Stories: 2
  • Street Name I D X: Gerritsen
  • Street Number I D X: 1740
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Flooring: Parquet
  • Lot Sq Ft: 1611

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 59
  • Lot Size Width: 27
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 5393.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Jul 3, 2018
Sold by
Sacks Craig M and Sacks Linda
Bought by
Li Yong Da
Seller's Agent
Michael Fraulo
Ben Bay Rlty of Marine Pk LLC
Buyer's Agent
Tracy Chen
Sold Price
$790,000
Current Estimated Value
$936,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,289
Avg. Annual Appreciation
1.81%
Original Mortgage
$580,200
Outstanding Balance
$505,969
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$391,254

Purchase Details

Closed on
Feb 23, 2018
Sold by
Sacks Linda
Bought by
Sacks Craig M and Sacks Linda

Purchase Details

Closed on
Dec 14, 2016
Sold by
Estate Of Pearl Edelman
Bought by
Sacks Linda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Li Yong Da $790,000 --
Sacks Craig M -- --
Sacks Linda -- --
Sacks Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yong Da $580,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $790,000 -- $466 / Sq Ft
03/26/2018 03/26/18 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 $7,996 $58,560 $10,560 $48,000
2024 $7,996 $46,260 $10,560 $35,700
2023 $8,057 $52,860 $10,560 $42,300
2022 $7,511 $57,480 $10,560 $46,920
2021 $7,471 $50,880 $10,560 $40,320
2020 $5,471 $39,960 $10,560 $29,400
2019 $6,940 $39,960 $10,560 $29,400
2018 $8,305 $33,058 $9,713 $23,345
2017 $5,393 $31,356 $8,503 $22,853
2016 $2,160 $29,582 $8,563 $21,019
2015 $1,248 $27,960 $11,760 $16,200
2014 $1,248 $27,648 $9,889 $17,759
Source: Public Records

Agents Affiliated with this Home

  • Michael Fraulo

    Seller's Agent in 2018

    Michael Fraulo

    Ben Bay Rlty of Marine Pk LLC

    (718) 833-2274

    65 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Tracy Chen

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 418832

Brooklyn Board of REALTORS®

APN: 06813-0010

New York Kings County Brooklyn 11229 Madison

1740 Gerritsen Ave, Brooklyn, NY

This home is located at 1740 Gerritsen Ave, Brooklyn, NY 11229 since 26 March 2018 and is currently estimated at $936,289, approximately $552 per square foot. 1740 Gerritsen Ave is a home located in Kings County with nearby schools including PS 222 Katherine R Snyder, J.H.S. 278 Marine Park, and James Madison High School.

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.

Brooklyn Board of REALTORS® 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.

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