NOT LISTED FOR SALE

22 Forrest St Brooklyn, NY 11206

Bushwick Neighborhood

Estimated Value: $1,271,266 - $1,391,000

5 Beds
3 Baths
3,039 Sq Ft
$433/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $1,120,000 $369 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,338/month

120 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Park
  • Cathedral Ceiling
  • Eat-In Kitchen
  • 3-minute walk to Green Central Knoll Playground

About This Home

As of October 2021

2 Family row-house for sale on the border of Bushwick and Williamsburg, featuring a duplex 3-bedroom on the ground floor and 1st floor, and a lovely 2-bedroom on the 2nd floor. Built in 2003 and sitting On A 25 X 95 Lot, This House Features 5 total Bds/3 Bths. The duplex has a large eat-in kitchen, en suite bath in the main bedroom, and access to a private back area perfect for grilling in the summer or parking your car in the winter. The 2nd floor apartment features the same large kitchen layout, separate dining area, 2 bds/1ba, and AMAZING 17 foot vaulted beamed ceilings, rarely seen in this area. Property is currently occupied but will be delivered vacant, and can be rented out at market rents, or make a great home for an end user!, Additional information: Appearance:Good,Interior Features:Lr/Dr

Last Agent to Sell the Property

George Herrera

Keller Williams Landmark II License #10401224259 Listed on: 03/16/2021

Keller Williams Landmark II

Co-Listed By

Daniel Akerman

Keller Williams Landmark II License #10401273924

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 2003

Lot Details

  • 1,977 Sq Ft Lot
  • Lot Dimensions are 21 x 96

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps/Is 45 Horace E Greene Elementary School
  • Is 347 School Of Humanities Middle School
  • Bushwick Community High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 105 / 3145

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,918

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More, Two
  • Year Built: 2003
  • Co List Office Mls Id: KEYKLRW01
  • Co List Office Phone: 347-846-1200
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Primary Bathroom
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Heating: Other, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 347 School Of Humanities

Lot Info

  • Lot Dimensions: 21 X 96
  • Lot Size Sq Ft: 1977
  • Lot Features: Near Public Transit, Near School
  • Property Attached: Yes
  • Zoning: R7-2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3918
  • Tax Block: 3145
  • Tax Lot: 105

MLS Schools

  • Elementary School: Ps/Is 45 Horace E Greene
  • High School: Bushwick Community Hs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Oct 28, 2021
Sold by
Ceri Osvaldo
Bought by
Wei Zheng David
Seller's Agent
George Herrera
Keller Williams Landmark II
Buyer's Agent
Non Member
NonMember
List Price
$1,249,000
Sold Price
$1,120,000
Premium/Discount to List
-$129,000
-10.33%
Current Estimated Value
$1,414,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,966
Avg. Annual Appreciation
7.07%
Original Mortgage
$896,000
Outstanding Balance
$824,689
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$625,061

Purchase Details

Closed on
Jan 20, 2005
Sold by
Nyc Partnership Housing Development Fund
Bought by
Ceri Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,948
Interest Rate
5.77%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Wei Zheng David $1,120,000 --
Ceri Osvaldo $328,948 --
Ceri Osvaldo $328,948 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Zheng David $896,000
Previous Owner Ceri Osvaldo $54,948
Previous Owner Ceri Osvaldo $216,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Off Market $1,120,000 -- --
10/27/2021 10/27/21 Sold $1,120,000 -6.3% $369 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $1,195,000 -4.3% $393 / Sq Ft
03/16/2021 03/16/21 For Sale $1,249,000 -- $411 / Sq Ft
Source: OneKey® MLS

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 $7,093 $68,820 $13,740 $55,080
2024 $7,093 $65,880 $13,740 $52,140
2023 $6,400 $79,860 $13,740 $66,120
2022 $5,467 $87,480 $13,740 $73,740
2021 $4,702 $95,820 $13,740 $82,080
2020 $1,948 $67,740 $13,740 $54,000
2019 $3,500 $67,740 $13,740 $54,000
2018 $3,219 $31,825 $8,918 $22,907
2017 $2,385 $30,024 $7,117 $22,907
2016 $1,923 $28,325 $7,777 $20,548
2015 $1,075 $26,722 $8,259 $18,463
2014 $1,075 $26,722 $9,147 $17,575
Source: Public Records

Agents Affiliated with this Home

  • George Herrera

    Seller's Agent in 2021

    George Herrera

    Keller Williams Landmark II

    (718) 968-5538

    3 in this area

    173 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Daniel Akerman

    Keller Williams Landmark II

    (646) 844-5770

    3 in this area

    33 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: L3295528

OneKey® MLS

APN: 03145-0105

New York Kings County Brooklyn 11206 Bushwick

22 Forrest St, Brooklyn, NY

This home is located at 22 Forrest St, Brooklyn, NY 11206 since 16 March 2021 and is currently estimated at $1,316,317, approximately $433 per square foot. This property was built in 2003. 22 Forrest St is a home located in Kings County with nearby schools including P.S. 145 Andrew Jackson, Bedford Stuyvesant New Beginnings Charter School, and Williamsburg Charter High School.

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