NOT LISTED FOR SALE

Estimated Value: $1,157,000 - $1,395,000

4 Beds
3 Baths
1,356 Sq Ft
$938/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $1,230,000 $907 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,256/month

32 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to 18 Avenue (N Line)
  • Eat-In Kitchen
  • P.S. 048 Mapleton Rated A-
  • Main Floor Primary Bedroom
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of July 2024

Welcome to your new home in the vibrant neighborhood of Bensonhurst, Brooklyn! This legal 2-family semi-detached residence offers a perfect blend of comfort, convenience, and potential. As you step inside, you'll be greeted by two thoughtfully designed units, each featuring two spacious bedrooms. With three finished bathrooms in total, including one in the basement, convenience and functionality are at the forefront of this home's design. The finished basement expands the living space, providing versatility for a range of needs, whether it be a home office, recreation area, or additional storage space. Step outside into the inviting backyard oasis, where you'll find ample space for entertainment and relaxation. Whether hosting summer barbecues or enjoying quiet evenings under the stars, this outdoor retreat is sure to become a favorite gathering spot for family and friends. Convenience is key in this prime location, with shopping, dining, and transportation options just moments away. Explore the diverse culinary scene, indulge in retail therapy, or easily commute to work and beyond with nearby access to public transportation. The property's C4-2 zoning designation adds an exciting layer of potential, offering opportunities for future development or expansion. However, as with any investment, due diligence is essential to fully explore and understand the possibilities. Don't miss out on the chance to make this Bensonhurst beauty your own. With its combination of comfort, convenience, and untapped potential, this home is truly a rare find in one of Brooklyn's most coveted neighborhoods. Schedule a viewing today and let your new chapter begin!

Last Agent to Sell the Property

Anthony Parascandolo

RE/MAX ELITE Brokerage Phone: 718-690-3900 License #10401327454 Listed on: 03/20/2024

RE/MAX ELITE

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1925

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 32x57.5
  • 1 Common Wall
  • Private Entrance
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • JHS 227 Edward B Shallow Middle School
  • Franklin D Roosevelt High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 56 / 5539
  • Assessor Parcel Number 05539-0056

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

$6,810

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-690-3900
  • BuildingSize: 1,356
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: A/C Units,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 4
  • Living Area: 1356
  • SquareFootage: 1356.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame, Stucco
  • Fencing: Back Yard, Fenced, Partial
  • Exterior Features: Private Entrance
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 227 Edward B Shallow

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 32x57.5
  • Lot Size Sq Ft: 1840
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05539-0056
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6810
  • Tax Block: 5539
  • Tax Lot: 56
  • Tax Map Number: 05539-0056
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Franklin D Roosevelt High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 10, 2024
Sold by
Adriana Parascandolo Trustee and Gambardella Family Irrecovable Living Tr
Bought by
Chen Yincheng and Chen Yuan
Seller's Agent
Anthony Parascandolo
RE/MAX ELITE
Buyer's Agent
Non Member
NonMember
List Price
$1,399,888
Sold Price
$1,230,000
Premium/Discount to List
-$169,888
-12.14%
Views
48
Current Estimated Value
$1,272,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,326
Avg. Annual Appreciation
2.33%
Original Mortgage
$738,000
Outstanding Balance
$727,867
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,459
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
Chen Yincheng $1,230,000 --
Chen Yincheng $1,230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yincheng $738,000
Closed Chen Yincheng $738,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $1,230,000 -5.4% $907 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $1,299,888 -7.1% $959 / Sq Ft
03/20/2024 03/20/24 For Sale $1,399,888 -- $1,032 / Sq Ft
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 $7,081 $65,940 $14,280 $51,660
2024 $7,081 $57,180 $14,280 $42,900
2023 $6,810 $69,960 $14,280 $55,680
2022 $6,351 $67,980 $14,280 $53,700
2021 $6,334 $57,720 $14,280 $43,440
2020 $4,750 $63,540 $14,280 $49,260
2019 $5,853 $63,540 $14,280 $49,260
2018 $5,399 $27,945 $7,498 $20,447
2017 $5,105 $26,512 $6,980 $19,532
2016 $4,601 $25,081 $7,499 $17,582
2015 $2,797 $25,081 $7,592 $17,489
2014 $2,797 $24,482 $8,161 $16,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3539212

OneKey® MLS

APN: 05539-0056