NOT LISTED FOR SALE

Estimated Value: $1,451,084 - $1,642,000

6 Beds
3 Baths
2,960 Sq Ft
$517/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $1,350,000 $456 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,792/month

Highlights

  • Cooling Available
  • Brick Front
  • Laundry Facilities
  • Tile Flooring
  • Heating System Uses Steam
  • 1-minute walk to Galapo playground

About This Home

As of March 2020

Location, Location, Location! Move right into this beautiful two-family home located in highly desirable Sheepshead Bay, Brooklyn. This semi-attached building measures 20 x 63 on a 25 x 100 lot. The 1st floor features 3 bedrooms, large living room, eat-in-kitchen with granite countertop and stainless appliances. The 2nd floor features 3 bedrooms, large living room, eat-in-kitchen and plenty of closet space. This gem also features Anderson windows, parquet floors, an updated heating system, a wide shared driveway and a spacious backyard that's perfect for relaxation and entertainment. A full-sized open basement with a separate entrance provides enormous opportunity. A couple blocks away is one of the best Public School 206. Conveniently located near public parks, supermarkets, shopping and restaurants. This property will be delivered vacant. Owner is highly motivated to hear all reasonable offers. Don’t miss out on this great opportunity!

Last Agent to Sell the Property

Stephanie Chin

New World Realty Group LLC Listed on: 10/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,094

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Brick Front
  • Stucco Exterior

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Partially Finished Basement
  • Basement Cellar

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Tax Block 7382

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,094

Lot Details

0

Listing Details

  • Basement Amenities: Cellar, Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 63.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118160
  • Co List Office Phone: (718) 872-6300
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave V
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Laundry Area, Refrigerator, Window Treatments
  • Fill Sq Ft Total: 2960
  • Building Stories: 2
  • Street Name I D X: 24
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Parquet, Tile
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick Face, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 178
  • Roof: Pitched, Shingle

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8094.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Mar 3, 2020
Sold by
Emmett Barry As Trustee and The Barry Family Irrevocable Trust
Bought by
Leong Edward and Leong Eric
Seller's Agent
Stephanie Chin
New World Realty Group LLC
Buyer's Agent
Stephanie Chin
New World Realty Group LLC
Sold Price
$1,350,000
Current Estimated Value
$1,529,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,771
Avg. Annual Appreciation
2.17%
Original Mortgage
$665,000
Outstanding Balance
$586,412
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$943,359

Purchase Details

Closed on
Dec 4, 2010
Sold by
Barry Patrick
Bought by
Barry Family Irrevocable Trust and Barry As Trustee Emmett

Purchase Details

Closed on
Jun 15, 2000
Sold by
Barry Patrick
Bought by
Barry Patrick and Barry Bridget
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 Buyer Sale Price Title Company
Leong Edward $1,350,000 --
Leong Edward $1,350,000 --
Leong Edward $1,350,000 --
Barry Family Irrevocable Trust -- --
Barry Family Irrevocable Trust -- --
Barry Patrick -- --
Barry Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leong Edward $665,000
Closed Leong Edward $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $1,350,000 -- $456 / Sq Ft
10/29/2019 10/29/19 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 $9,326 $105,120 $11,580 $93,540
2024 $9,326 $83,040 $11,580 $71,460
2023 $8,907 $82,260 $11,580 $70,680
2022 $8,326 $67,320 $11,580 $55,740
2021 $8,777 $69,420 $11,580 $57,840
2020 $4,285 $73,740 $11,580 $62,160
2019 $8,095 $58,620 $11,580 $47,040
2018 $7,450 $36,547 $7,520 $29,027
2017 $7,085 $34,754 $6,382 $28,372
2016 $6,948 $34,754 $8,240 $26,514
2015 $3,954 $34,137 $12,115 $22,022
2014 $3,954 $32,246 $11,444 $20,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 434366

Brooklyn Board of REALTORS®

APN: 07382-0178