NOT LISTED FOR SALE

Estimated Value: $1,347,000 - $1,626,000

6 Beds
2.5 Baths
2,480 Sq Ft
$610/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $1,440,000 $581 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,665/month

26 Days on Market

About This Home

As of November 2022

Enormous, semi-detached solid brick multi-family home just 2 blocks east of Ocean Parkway and right in the heart of Homecrest! Right around the corner from Avenue U, in the perfect location, this huge 2-family home behaves more like a 3-family. Delivered vacant to the new buyer and, while in need of an update, this big brick building is on a long 25 by 100 square foot lot and is a whopping 20 by 62 square feet in stature, remarkable for a 2-family home; with nearly 2,500 square feet of livable space in the first 2 floors and another 1,200 square feet in the basement! In a word, this is a big house. The first level is a 2-bedroom, 1 bathroom apartment with separate living room, dining room as well as an eat-in kitchen, and the second floor is a larger 3 or 4-bedroom unit, also with living room, dining room and separate eat-in kitchen. The basement is gigantic with high ceilings and its own separate side entrance! Imagine the lucrative rental possibilities here with 3 individual electric meters! Outside there's a shared driveway and a lovely backyard. The roof was recently updated and there's also a new gas boiler and hot water tank! All welcome and a cash buyer would be of high interest to the seller. Close to Avenue U, Ocean Parkway and Coney Island Avenue, location couldn't be better! Gigantic brick multi-family homes in this area don't last long! Call today!

Last Agent to Sell the Property

Gavriel Ilyabayev

Douglas Elliman Real Estate License #10301217187 Listed on: 07/26/2022

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Lot Details

  • 2,526

Home Design

  • 2,480 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • Sheepshead Bay Subdivision

Home Details

Home Type

Single Family

Lot Details

2,526 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2480.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 21, 2022
Sold by
Marzullo Irene and Marzullo Roland G
Bought by
Chaaya Joseph and Chaaya Subhi
Seller's Agent
Gavriel Ilyabayev
Douglas Elliman Real Estate
List Price
$1,800,000
Sold Price
$1,440,000
Premium/Discount to List
-$360,000
-20%
Views
18
Current Estimated Value
$1,512,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,851
Avg. Annual Appreciation
1.53%
Original Mortgage
$940,000
Outstanding Balance
$910,851
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,000
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
Chaaya Joseph $1,440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaaya Joseph $940,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,440,000 -20.0% $581 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,800,000 -- $726 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $10,742 $97,260 $15,900 $81,360
2024 $10,742 $93,000 $15,900 $77,100
2023 $8,907 $103,080 $15,900 $87,180
2022 $7,510 $101,820 $15,900 $85,920
2021 $7,832 $83,820 $15,900 $67,920
2019 $6,798 $83,400 $15,900 $67,500
2018 $6,174 $36,547 $7,874 $28,673
2017 $6,563 $36,547 $7,674 $28,873
2016 $6,340 $36,184 $9,522 $26,662
2015 $3,597 $34,137 $11,684 $22,453
2014 $3,597 $32,246 $10,569 $21,677
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10809993

Real Estate Board of New York (REBNY)

APN: 07135-0069

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