NOT LISTED FOR SALE

Estimated Value: $899,000 - $1,442,000

-- Bed
-- Bath
3,178 Sq Ft
$382/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $1,150,000 $362 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,511/month

80 Days on Market

About This Home

As of February 2019

Build a beautiful life in this beautiful two family home with parking! 199 East 38 street is brand new and delivered in mint condition. Best of all, it offers almost 4,200 square feet with a tremendous 4 bedroom owners duplex over a rental duplex with two bedrooms, plus a private drive way parking spot. Never circle for parking again!

You will love spending time with loved ones on the main floor of the owner's duplex. This gracious living and dining space spans the entire second floor and exudes warmth and sunlight. The center piece is a gorgeous chef's kitchen with externally venting range hood and a massive center island leading to a rear terrace. Living and entertaining on this sun-flooded floor can be your dream come true.

The upper level of the owner's duplex has 4 impressive bedrooms and two full bathrooms. With plenty or space for bedrooms and home offices, there is so much room grow. The master suite is a sunny oasis over looking the garden. It has amazing storage with a wall of closets and a gorgeous en suite master bath with luxurious double sink. This level also has private roof access where the possibilities are endless and the views are bright and open!

The owner's laundry is luxurious and located behind welcoming double doors and it's big enough for full sized side-by-side machines that will satisfy even the toughest critic.

The first floor and basement encompass the huge lower duplex. It would make a perfect rental with 2 bedrooms, 2.5 bathrooms, laundry and central air, and could easily fetch $2,500/month, enough to pay for more than $500,000 of your mortgage.

199 East 38th Street was built by one of Brooklyn's most experienced builders with decades of experience creating homes with lasting quality and value. All mechanicals here are, the home itself, brand new, including the separate AC, Heat and Hot water for each apartment. Call me today!

Last Agent to Sell the Property

Bren Salamon

Douglas Elliman Real Estate License #10301209524 Listed on: 09/23/2018

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • Garden

Interior Spaces

  • 3,178 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

  • Tax Block 4875

Community Details

Overview

  • 2 Units
  • Eflatbus Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Cross Street: Church Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: EFLATBUS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3178.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck, Garden
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 2018

Tax Info

  • Tax Block: 4875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Feb 22, 2019
Sold by
195 E38 Llc
Bought by
Nyamoti Enock
Seller's Agent
Bren Salamon
Douglas Elliman Real Estate
List Price
$1,249,000
Sold Price
$1,150,000
Premium/Discount to List
-$99,000
-7.93%
Current Estimated Value
$1,212,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,823
Avg. Annual Appreciation
0.78%
Original Mortgage
$920,000
Outstanding Balance
$805,548
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,275

Purchase Details

Closed on
Jun 6, 2016
Sold by
Davila Paul and Strasser Blake
Bought by
195 E38 Llc

Purchase Details

Closed on
Apr 13, 2005
Sold by
Braithwaite Claude and Braithwaite Sabrina
Bought by
Davila Paul and Strasser Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nyamoti Enock $1,150,000 --
Nyamoti Enock $1,150,000 --
195 E38 Llc $460,000 --
195 E38 Llc $460,000 --
Davila Paul $400,000 --
Davila Paul $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyamoti Enock $920,000
Closed Nyamoti Enock $920,000
Previous Owner Davila Paul $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $1,150,000 -7.9% $362 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $1,249,000 -- $393 / 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 $13,883 $86,220 $9,540 $76,680
2024 $13,883 $73,020 $9,540 $63,480
2023 $13,932 $78,240 $9,540 $68,700
2022 $12,920 $68,100 $9,540 $58,560
2021 $12,849 $68,940 $9,540 $59,400
2020 $6,026 $57,600 $9,540 $48,060
2019 $12,510 $63,720 $9,540 $54,180
2018 $1,399 $6,862 $6,862 $0
2017 $1,320 $6,475 $4,843 $1,632
2016 $1,223 $6,120 $5,084 $1,036
2015 $737 $6,120 $5,090 $1,030
2014 $737 $6,044 $5,027 $1,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10545807

Real Estate Board of New York (REBNY)

APN: 04875-0057