NOT LISTED FOR SALE

2024 E 54th St Brooklyn, NY 11234

Mill Basin Neighborhood

Estimated Value: $1,088,000 - $1,251,109

5 Beds
4.5 Baths
2,760 Sq Ft
$427/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2021

Last sale price $995,000 $361 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,638 / mo

Highlights

  • Wood Flooring
  • Terrace
  • Multiple cooling system units
  • Ps 207 Elizabeth G Leary Rated A-
  • Back, Front, and Side Yard
  • Baseboard Heating

About This Home

As of July 2021

A rare opportunity to purchase this very well kept, semi-detached 2 family brick in the Prime of Old Mill Basin, half block to Kings Plaza Mall. Start off with a beautiful walk-in 2 bedroom, Living/dining room apartment. Great tenants have been living there 17+ years. The owner's duplex apartment consist of 3 large bedrooms (originally 4 bedrooms). Walk into a large living room separated with a full dining room onto a eat-in kitchen. Nice terrace outside the kitchen. Walk up to 2 lovely bedrooms with a full bath, a master bedroom offers you a personal full bathroom. Large finished basement with separate entrance, separate laundry area and large storage room. Beautiful backyard, private driveway for at least 3 cars. Close to major shopping and public transportation. Won't last long!

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC Listed on: 03/30/2021

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC Listed on: 03/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,802

Year Built

  • Built in 1960

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back, Front, and Side Yard

Home Design

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

Interior Spaces

  • 2,760 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Parking Spaces
  • Private Driveway

Outdoor Features

  • Terrace

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,802

Year Built

Built in 1960

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Total Bathrooms: 5.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 0.50
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 46.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave U
  • Cross Street Name2: Ave T
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Microwave, Refrigerator, Stove, Terrace
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 2760
  • Building Stories: 3
  • Street Name I D X: 54
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 50
  • 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: 30
  • Zoning: R5

Rental Info

  • Rent Income: 1700

Tax Info

  • Flip Tax Amount: 9802.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jul 21, 2021
Sold by
Hinds Chellyanne and Hinds Joseph Bernice
Bought by
Chen Chong Bei and Harris-Chen Heather
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
Sold Price
$995,000
Current Estimated Value
$1,237,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,196
Avg. Annual Appreciation
3.53%
Original Mortgage
$796,000
Outstanding Balance
$712,431
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$465,846

Purchase Details

Closed on
Apr 9, 1998
Sold by
Coretto Mary
Bought by
Joseph Bernice and Hinds Chellyanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
7.05%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chen Chong Bei $995,000 --
Joseph Bernice $268,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chen Chong Bei $796,000
Previous Owner Joseph Bernice $254,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $995,000 -- $361 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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
2026 $11,162 $80,760 $15,780 $64,980
2025 $10,848 $67,260 $15,780 $51,480
2024 $10,848 $68,940 $15,780 $53,160
2023 $10,349 $72,360 $15,780 $56,580
2022 $9,935 $66,360 $15,780 $50,580
2021 $10,330 $54,780 $15,780 $39,000
2019 $9,416 $51,420 $15,780 $35,640
2018 $8,657 $42,466 $12,327 $30,139
2017 $8,454 $41,472 $13,566 $27,906
2016 $8,178 $40,906 $15,025 $25,881
2015 $4,719 $38,592 $16,556 $22,036
2014 $4,719 $37,509 $16,091 $21,418
Source: Public Records

Agents Affiliated with this Home

  • Minnie Lin

    Seller's Agent in 2021

    Minnie Lin

    Momentum Real Estate LLC

    (917) 330-0628

    4 in this area

    298 Total Sales

    Minnie Lin
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449630

Brooklyn Board of REALTORS®

APN: 08545-0050

New York Kings County Brooklyn 11234 Mill Basin

2024 E 54th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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