$1,475,000
SOLD FEB 28, 2025
10 Beds
4 Baths
3,312 Sq Ft
2,800 Sq Ft Lot

Recently Sold

$445 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Front Yard
  • Detached Garage
  • Private Driveway

About This Home

As of February 2025

Golden investment opportunity in Sheepshead Bay! This 4-family home promises excellent rental income potential. The first two stories feature two family units, each with 2 bedrooms and 1 full bathroom. The top two stories offer spacious units with 3 bedrooms and 1 full bathroom. Enjoy the convenience of a spacious private driveway and a garage, ensuring ample parking for residents. The property comes with split AC/heating units, providing modern comfort for all residents. Located close to shops, restaurants, transportation, and more, this property is perfect for both families and tenants. Don't miss out on this prime investment in a highly sought-after neighborhood!

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC Listed on: 10/16/2024

Last Buyer's Agent

Guang (King) Lin

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • Built in 1930

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 100 x 28
  • Front Yard

Home Design

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

Interior Spaces

  • 3,312 Sq Ft Home
  • 4-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Parking

  • Detached Garage
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 7333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Baths Total Level4: 1.00
  • Beds Total Level4: 3
  • Borough: Brooklyn
  • Building Length: 46.00
  • Building Width: 18.00
  • 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: Baseboard
  • Number Of Families: 4
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 3312
  • Building Stories: 4
  • Street Name I D X: 28th
  • Building Style: Duplex
  • Year Built: 1930
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 10
  • Flooring: Hardwood
  • Lot Sq Ft: 2800

Exterior Features

  • Yard: Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete, Other
  • Lot Number: 56
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 28
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 11594.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Feb 28, 2025
Sold by
Danatilametta Llc
Bought by
Li Lianluo and Li Yong G
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Guang (King) Lin
Momentum Real Estate LLC
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%
Views
36
Current Estimated Value
$1,480,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,150
Avg. Annual Appreciation
0.41%
Original Mortgage
$1,100,000
Outstanding Balance
$1,092,580
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,570

Purchase Details

Closed on
Apr 11, 2017
Sold by
Estate Of Michael Garippa By Joyceann Ga and Garippa Executor
Bought by
Danatilametta Llc
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

Date Type Sale Price Title Company
Deed $1,475,000 --
Deed $1,475,000 --
Deed $1,475,000 --
Deed $1,475,000 --
Deed $1,000,000 --
Deed $1,000,000 --
Deed $1,000,000 --
Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Purchase Money Mortgage
Closed $1,100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $1,475,000 -1.7% $445 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $1,500,000 -- $453 / Sq Ft
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 $11,594 $80,100 $15,540 $64,560
2024 $11,594 $65,940 $15,540 $50,400
2023 $11,352 $77,880 $15,540 $62,340
2022 $10,809 $62,640 $15,540 $47,100
2021 $11,375 $68,700 $15,540 $53,160
2020 $8,531 $69,180 $15,540 $53,640
2019 $7,565 $55,380 $15,540 $39,840
2018 $9,495 $46,579 $10,918 $35,661
2017 $9,198 $45,120 $11,525 $33,595
2016 $9,005 $45,043 $13,333 $31,710
2015 $4,914 $42,494 $16,583 $25,911
2014 $4,914 $40,089 $15,644 $24,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486838

Brooklyn Board of REALTORS®

APN: 07333-0056