NOT LISTED FOR SALE

2040 E 56th St Brooklyn, NY 11234

Mill Basin Neighborhood

Estimated Value: $1,088,506 - $1,315,000

Studio
5 Baths
3,328 Sq Ft
$357/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,034,000 $311 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,039/month

Highlights

  • Wood Flooring
  • Terrace
  • Back, Front, and Side Yard
  • Ps 207 Elizabeth G Leary Rated A-
  • 2 Car Attached Garage
  • Multiple cooling system units

About This Home

As of December 2021

EXCLUSIVE 1st time on the market in old mill basin! A great investment property! Huge 3 family brick Semi detached 22X56 Building, 30X100 Lot. 3 bedrooms over 3 bedrooms over large 1 bedroom. 2nd & 3rd Floor have terraces off the dining rooms with stainless steel Railings. Each 3-bedroom apartment has a ½ bath in the master bedroom. Full basement with High ceilings has new gas hot water heater. Huge wide built-in garage. Private drive for 2 cars. Near Kings Plaza Mall, Transportation, Great school district, & houses of worship.

Last Agent to Sell the Property

Marilyn Feinberg

MadisonEstates Sothebys Realty Listed on: 06/23/2021

Last Buyer's Agent

Marilyn Feinberg

MadisonEstates Sothebys Realty Listed on: 06/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,699

Year Built

  • Built in 1965

Lot Details

  • 2,967 Sq Ft Lot
  • Lot Dimensions are 100 x 29
  • Partially Fenced Property
  • Back, Front, and Side Yard
  • Garden

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • Parking Lot

Outdoor Features

  • Terrace

Utilities

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

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 8547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,699

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue T
  • Cross Street Name2: Avenue U
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces, Built-In Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Laundry Area, Patio Garden, Refrigerator, Terrace, Washer, Window Treatments
  • Fill Sq Ft Total: 3328
  • Building Stories: 3
  • Street Name I D X: 56th
  • Building Style: Triplex
  • Waterfront Present: No
  • Year Built: 1965
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 2
  • Flooring: Hardwood, Laminate
  • Lot Sq Ft: 2967

Exterior Features

  • Yard: Back, Front, Side, Fenced - Partial
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 60
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 29
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8699.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Dec 17, 2021
Sold by
Paul Huz Family Trust
Bought by
Liang Xinqi and Zheng Chungan
Seller's Agent
Marilyn Feinberg
MadisonEstates Sothebys Realty
Buyer's Agent
Marilyn Feinberg
MadisonEstates Sothebys Realty
Sold Price
$1,034,000
Current Estimated Value
$1,188,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,127
Avg. Annual Appreciation
3.46%
Original Mortgage
$672,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2015
Sold by
Huz Paul
Bought by
Paul Huz Family Trust and Shulamith Shafer, Trustee
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
Liang Xinqi $1,034,000 --
Paul Huz Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liang Xinqi $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $1,034,000 -- $311 / Sq Ft
06/23/2021 06/23/21 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
2025 $10,655 $60,240 $15,540 $44,700
2024 $10,655 $68,460 $15,540 $52,920
2023 $10,693 $70,380 $15,540 $54,840
2022 $9,916 $63,660 $15,540 $48,120
2021 $9,149 $59,640 $15,540 $44,100
2019 $8,589 $46,500 $15,540 $30,960
2018 $8,285 $43,876 $10,958 $32,918
2017 $7,792 $41,393 $11,925 $29,468
2014 -- $36,840 $14,280 $22,560
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marilyn Feinberg

    MadisonEstates Sothebys Realty

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 452224

Brooklyn Board of REALTORS®

APN: 08547-0060

New York Kings County Brooklyn 11234 Mill Basin

2040 E 56th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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