NOT LISTED FOR SALE

Estimated Value: $715,555 - $849,000

4 Beds
1.5 Baths
1,424 Sq Ft
$552/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $510,000 $358 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,829/month

48 Days on Market

Highlights

  • Central Air
  • 2 Car Garage
  • 1-Story Property

About This Home

As of May 2024

Welcome to 1882 Schenectady Avenue! This charming townhouse is nestled in the highly desirable neighborhood of Flatlands, bursting with personality and potential. The property is in fair condition, ready for your personalized updates to create your dream urban retreat. Let's embark on every New Yorker's real estate adventure! Once you step through the door into the entryway of this beautiful townhouse, you'll be transported back to another era, while still having all the conveniences of modern city living at your fingertips. The erstwhile glamour of the building's aesthetic is thoroughly imbued through the interiors, with high vaulted ceilings that scream luxury and sophistication, and luscious hardwood floors that sprawl endlessly underfoot. The architecture champions an open concept, promising an uninterrupted flow of energy from one room to the next. This is the perfect canvas for a home-maker to transform into their comfort haven.

1882 Schenectady Ave is equipped with a central air system throughout the house. There is a 5 year old new boiler and 2 year old new heater, the roof and home has recently been equipped with a solar system ( there is a 5 year property tax reduction because of the solar panels, and other tax credit benefits). The roof, front steps, and front panels of the house are brand new and were installed in August of 2023. Conveniently located to train and buses, shopping centers on Ralph Avenue. Fully finished basement done 2 years ago ( no separate entrance). Off street parking!!

The building itself, located in a vibrant, well-connected part of New York City, includes a variety of amenities to enhance your urban living experience. You'll love the sense of community and relish in the convenience that comes with residing in this unique and charismatic neighborhood. The location of this property couldn't be more perfect. You're close to many top-rated local favorites such as artisanal cafes, gourmet grocery stores, boutique shops, and delightful eateries. You're far enough away from the hustle and bustle to enjoy some peace, yet close enough to partake in all the city has to offer at a moment's notice.

The local schools, parks, and green spaces are an additional plus, making this location the embodiment of community living. Whether you're looking to join the vibrant local scene or change up your current spot, this coop townhouse is a gem waiting to be discovered. Opportunities to own such unique New York City real estate are few and far between, so grab this one before it's gone! Give us a call today to schedule a personal showing of this beautiful pre-war gem at 1882 Schenectady Avenue. Your dream home is waiting! New York City living at its finest could be yours-don't miss out on this opportunity.

We just got the listing in but the seller is looking for a quick sale. We will have pictures and floorplans once we have cleared the place out and are ready to show.

Last Agent to Sell the Property

Troy Gaskin

Corcoran Group License #10301218841 Listed on: 01/21/2024

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00x25.00

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1-Story Property
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air

Community Details

  • East Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 0069 / 07794

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,636

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 100.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 1
  • Year Built: 1930

Tax Info

  • Tax Block: 07794
  • Tax Lot: 0069
  • Tax Annual: 6636.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Apr 18, 2024
Sold by
Alan Drezin Esq
Bought by
Mh Realty Bd Llc
Seller's Agent
Troy Gaskin
Corcoran Group
List Price
$745,000
Sold Price
$510,000
Premium/Discount to List
-$235,000
-31.54%
Views
79
Current Estimated Value
$785,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,889
Avg. Annual Appreciation
37.75%
Original Mortgage
$439,875
Outstanding Balance
$434,010
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,879

Purchase Details

Closed on
May 4, 2006
Sold by
Lochan Pauline and Lochan Ronald
Bought by
Leonidas Kinyetta and Leonidas Sidney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mh Realty Bd Llc $510,000 --
271 East 32Nd St 2018 Dnib Llc $55,000 --
Mh Realty Bd Llc $510,000 --
Leonidas Kinyetta $595,000 --
Leonidas Kinyetta $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mh Realty Bd Llc $439,875
Closed 271 East 32Nd St 2018 Dnib Llc $439,875
Previous Owner Leonidas Kinyetta $476,000
Previous Owner Lochan Ronald A $59,000
Closed Leonidas Kinyetta $89,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $510,000 -31.5% $358 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $745,000 -- $523 / 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 $6,955 $44,100 $9,840 $34,260
2024 $6,955 $39,660 $9,840 $29,820
2023 $6,701 $48,300 $9,840 $38,460
2022 $6,236 $44,280 $9,840 $34,440
2021 $6,218 $41,220 $9,840 $31,380
2020 $2,993 $37,440 $9,840 $27,600
2019 $5,988 $31,740 $9,840 $21,900
2018 $5,545 $28,663 $8,516 $20,147
2017 $5,251 $27,228 $8,587 $18,641
2016 $4,847 $25,795 $9,039 $16,756
2015 $2,878 $25,020 $10,920 $14,100
2014 $2,878 $25,020 $10,920 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10959308

Real Estate Board of New York (REBNY)

APN: 07794-0069