NOT LISTED FOR SALE

1861 Schenectady Ave Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $716,373 - $836,000

-- Bed
-- Bath
1,386 Sq Ft
$562/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $657,000 $474 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,709/month

33 Days on Market

About This Home

As of December 2020

The possibilities are endless with this fully detached, legal 2 family property with your very own private driveway! Enjoy beautiful hardwood floors, spacious living and dining area, large windows throughout the entire property that let in an abundance of natural sunlight and a renovated kitchen outfitted with stainless steel appliances and ample storage space. The second unit has gorgeous hardwood floors, a king-sized bedroom, and a spacious eat-in kitchen with modern appliances. This property offers two recently updated boilers, upgraded electrical panels, an updated roof, a large cemented backyard, and a beautifully manicured front lawn. Transportation is close by, catch the BM1, B7 or B82 buses nearby or the 2 or 5 trains at Flatbush Ave. This property will be delivered vacant. All viewings will be by appointment only. Contact me today to view this great property!

Last Agent to Sell the Property

Ryan Roberts

Douglas Elliman Real Estate License #40ro1136196 Listed on: 09/02/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,865

Lot Details

  • 2,483

Home Design

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Eflatbus Subdivision

Listing and Financial Details

  • Legal Lot and Block 28 / 7795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,865

Lot Details

0

Listing Details

  • Cross Street: Avenue J
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: EFLATBUS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 7795
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Iqbal Mohammad
Bought by
1861 Schenectady Avenue Irrevocable Trus and Tahir Iqbal Trustee
Current Estimated Value
$779,593

Purchase Details

Listed on
Sep 2, 2020
Closed on
Dec 7, 2020
Sold by
Bailey Williams Maureen and Bailey Joslyn
Bought by
Iqbal Mohammad
Seller's Agent
Ryan Roberts
Douglas Elliman Real Estate
List Price
$635,000
Sold Price
$657,000
Premium/Discount to List
$22,000
3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$525,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Nezamoodeen Pauline and Nezamoodeen Philbert
Bought by
Bailey Joslyn and Williams Maureen Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
1861 Schenectady Avenue Irrevocable Trus -- --
Iqbal Mohammad $657,000 --
Bailey Joslyn $525,000 --
Bailey Joslyn $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iqbal Mohammad $525,600
Previous Owner Bailey Joslyn $446,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $657,000 +3.5% $474 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $635,000 -- $458 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,865 $45,300 $10,200 $35,100
2024 $6,865 $41,880 $10,200 $31,680
2023 $6,549 $46,260 $10,200 $36,060
2022 $6,437 $40,260 $10,200 $30,060
2021 $6,734 $33,540 $10,200 $23,340
2020 $3,158 $31,920 $10,200 $21,720
2019 $5,958 $29,940 $10,200 $19,740
2018 $5,478 $26,872 $7,972 $18,900
2017 $5,478 $26,872 $8,975 $17,897
2016 $5,331 $26,667 $10,007 $16,660
2015 $3,058 $25,159 $9,804 $15,355
2014 $3,058 $23,736 $10,014 $13,722
Source: Public Records

Agents Affiliated with this Home

  • Ryan Roberts

    Seller's Agent in 2020

    Ryan Roberts

    Douglas Elliman Real Estate

    (718) 780-8135

    2 in this area

    11 Total Sales

    Ryan Roberts
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10667184

Real Estate Board of New York (REBNY)

APN: 07795-0028

New York Kings County Brooklyn 11234 Flatlands

1861 Schenectady Ave, Brooklyn, NY

This home is located at 1861 Schenectady Ave, Brooklyn, NY 11234 since 02 September 2020 and is currently estimated at $779,593, approximately $562 per square foot. 1861 Schenectady Ave is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Christian Heritage Academy, and Midwood Catholic Academy.

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.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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