NOT LISTED FOR SALE

Estimated Value: $1,385,897 - $1,713,000

7 Beds
3 Baths
2,388 Sq Ft
$636/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $1,270,000 $532 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,193/month

Highlights

  • Wood Flooring
  • 3-minute walk to 20 Avenue (N Line)
  • Heating System Uses Steam
  • P.S. 048 Mapleton Rated A-
  • Multiple cooling system units
  • Back Yard

About This Home

As of March 2022

Introducing an opportunity to own a 3-family home located in the coveted area of Bensonhurst, Brooklyn. The property features a full and finished basement. The first level features 3 bedrooms, a living room, a kitchen, and a full bathroom. The second level features 2 separate apartments with one being in the front and one being in the rear. The front apartment features 2 bedrooms, a full bathroom, a living room, and a kitchen. The rear apartment on the second floor has 2 bedrooms, a full bathroom, a living room, and a kitchen. The property is conveniently located near an abundance of restaurants, shops, supermarkets, and much much more. The property is also located near multiple public transportation options providing an easy commute around the city.

Last Agent to Sell the Property

Maymay Weng

RE/MAX Edge Listed on: 10/12/2021

Co-Listed By

Minnie Lin

Momentum Real Estate LLC

Last Buyer's Agent

Yu Wu

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,852

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 100 x 16
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,852

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1184
  • Building Length: 74.00
  • Building Width: 16.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: 19th Av
  • Cross Street Name2: 20th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove
  • Building Stories: 2
  • Street Name I D X: 61st
  • Street Number I D X: 1961
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Total Rooms: 13

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 16
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6852.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Mar 2, 2022
Sold by
Luo Tian Biao
Bought by
Chen Mei Yin and Lam Cho Lien
Seller's Agent
Maymay Weng
RE/MAX Edge
Buyer's Agent
Yu Wu
Momentum Real Estate LLC
Sold Price
$1,270,000
Total Days on Market
0
Current Estimated Value
$1,519,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,724
Avg. Annual Appreciation
5.66%
Original Mortgage
$748,000
Outstanding Balance
$704,871
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$814,853

Purchase Details

Closed on
May 19, 2014
Sold by
Luo Huanling and Luo Tian Biao
Bought by
Luo Tian Biao

Purchase Details

Closed on
Apr 5, 2007
Sold by
Josephine Brady As Trustee and Patricia A Olmstead As Successor Trust
Bought by
Luo Huan Ling and Luo Tian Biao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1997
Sold by
Brady Josephine
Bought by
Brady Josephine and Olmstead Patricia A
Source: Public Records

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Range of Values:

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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 Mei Yin $1,270,000 --
Chen Mei Yin $1,270,000 --
Luo Tian Biao -- --
Luo Tian Biao -- --
Luo Huan Ling $600,000 --
Luo Huan Ling $600,000 --
Brady Josephine -- Commonwealth Land Title Ins
Brady Josephine -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mei Yin $748,000
Closed Chen Mei Yin $748,000
Previous Owner Luo Huanling $6,328
Previous Owner Luo Huan Ling $420,000
Previous Owner Brady Josephine $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $1,270,000 -- $532 / Sq Ft
10/12/2021 10/12/21 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
2024 $7,944 $105,900 $19,500 $86,400
2023 $7,596 $101,760 $19,500 $82,260
2022 $7,124 $92,400 $19,500 $72,900
2021 $6,852 $79,020 $19,500 $59,520
2020 $3,406 $70,680 $19,500 $51,180
2019 $6,602 $70,680 $19,500 $51,180
2018 $6,056 $31,170 $10,369 $20,801
2017 $5,762 $29,738 $7,981 $21,757
2016 $5,349 $28,305 $8,811 $19,494
2015 $3,164 $28,290 $13,212 $15,078
2014 $3,164 $27,469 $15,398 $12,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456302

Brooklyn Board of REALTORS®

APN: 05520-0053