NOT LISTED FOR SALE

2038 E 7th St Brooklyn, NY 11223

Homecrest Neighborhood

Estimated Value: $1,696,000 - $2,359,000

5 Beds
3 Baths
2,680 Sq Ft
$747/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $1,650,000 $616 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,638/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Community Storage Space
  • Jhs 234 Arthur W Cunningham Rated A-
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of June 2022

Homecrest Prime East 7th Between Ave. S and Ave. T
3 Family Brick, Mint Condition. 1 apartment on each level plus full basement, balconies, private parking, garage.
1st floor - 1 bedroom, 1 bath, sliding doors to back yard.
2nd floor - 2 bedrooms, 1 bath, front and back balconies.
3rd floor - 2 bedrooms, 1 bath, front balcony.
Full Basement, Laundry Area, Storage. Large Fenced Yard.
1 car garage and carport
Located in the Prime location of Homecrest
1 block from Ocean Parkway. Short distance to Avenue U and Kings Highway Shopping, Transportation and House of Worship.

Last Agent to Sell the Property

Rachel Ingenito

Listed on: 02/24/2022

Last Buyer's Agent

Rachel Ingenito

Listed on: 02/24/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,050 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Carport
  • Parking Lot

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 3 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 7088

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished, Separate Entrance
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Cross Street Name2: Avenue T
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces, Attached Garage, Parking Area
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level3: 5
  • Building Stories: 3
  • Street Name I D X: 7th
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2050

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 40
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Jun 29, 2022
Sold by
2038 East 7Th Street Holding Llc
Bought by
T3he7 Llc
Seller's Agent
Rachel Ingenito
Buyer's Agent
Rachel Ingenito
Sold Price
$1,650,000
Current Estimated Value
$2,001,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,762
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Aug 30, 2016
Sold by
Svinkin Emma
Bought by
2038 East 7Th Street Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Chodosz Peter and Chodosz Raisa
Bought by
Svinkin Emma
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
T3he7 Llc $1,650,000 --
T3he7 Llc $1,650,000 --
T3he7 Llc $1,650,000 --
2038 East 7Th Street Holding Llc $1,250,000 --
2038 East 7Th Street Holding Llc $1,250,000 --
2038 East 7Th Street Holding Llc $1,250,000 --
Svinkin Emma -- --
Svinkin Emma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2038 East 7Th Street Holding Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $1,650,000 -- $616 / Sq Ft
02/24/2022 02/24/22 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
2025 $14,034 $143,640 $24,720 $118,920
2024 $14,034 $168,960 $24,720 $144,240
2023 $14,190 $156,600 $24,720 $131,880
2022 $13,387 $128,160 $24,720 $103,440
2021 $13,314 $118,320 $24,720 $93,600
2020 $6,358 $84,060 $24,720 $59,340
2019 $12,180 $84,060 $24,720 $59,340
2018 $11,869 $58,226 $18,453 $39,773
2017 $10,746 $55,882 $16,528 $39,354
2016 $9,918 $52,720 $18,871 $33,849
2015 $5,920 $50,647 $23,104 $27,543
2014 $5,920 $48,522 $18,817 $29,705
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rachel Ingenito

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459342

Brooklyn Board of REALTORS®

APN: 07088-0040

New York Kings County Brooklyn 11223 Homecrest

2038 E 7th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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