NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,162,000

3 Beds
2 Baths
1,854 Sq Ft
$539/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $920,000 $496 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,900/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • Porch
  • Private Driveway

About This Home

As of December 2023

Just arrived to the market this beautiful two family brick home located in prime Sheepshead Bay is the perfect place to call a home. The ground floor apartment features 1 spacious bedroom, an eat-in kitchen, ample closet space, completing it with a living room and windowed kitchen access to a huge private backyard. The second-floor apartment consists of spacious two bedrooms, gorgeous living room, Eat-in-kitchen and access to front porch where you can enjoy your morning tea or coffee. Private parking along with a built-in garage that can easily park for 2 cars. This is a unique opportunity to own a beautiful property that offers additional income all located close to shopping, transportation, school, parks and restaurants. Building: 22.17 x 47, Lot 22.17 x 105, Annual Property Tax: $7150.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 02/10/2022

RE/MAX Edge

Last Buyer's Agent

yathong chu

Ben Bay Rlty Co of Ave U LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1940

Lot Details

  • 2,328 Sq Ft Lot
  • Lot Dimensions are 105 x 22
  • Back Yard

Home Design

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

Interior Spaces

  • 1,854 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,150

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 47.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue V
  • Cross Street Name2: Avenue W
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch, Other
  • Fill Sq Ft Total: 1854
  • Building Stories: 2
  • Street Name I D X: 29th
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2328

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 174
  • Roof: Flat, Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 105
  • Lot Size Width: 22
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 7150.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Dec 20, 2023
Sold by
Christopher D' Ambrose and Estate Of Vincent Capone
Bought by
Qiu Cindy and Qiu Judy
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
yathong chu
Ben Bay Rlty Co of Ave U LLC
List Price
$948,000
Sold Price
$920,000
Premium/Discount to List
-$28,000
-2.95%
Current Estimated Value
$999,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,593
Avg. Annual Appreciation
4.21%
Original Mortgage
$570,000
Outstanding Balance
$560,429
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,164

Purchase Details

Closed on
May 15, 2002
Sold by
Capone Emma
Bought by
Capone Vincent
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
Qiu Cindy $920,000 --
Capone Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Cindy $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $920,000 -3.0% $496 / Sq Ft
09/04/2023 09/04/23 Price Changed $948,000 0.0% $511 / Sq Ft
09/04/2023 09/04/23 For Sale $948,000 +3.0% $511 / Sq Ft
12/15/2022 12/15/22 Off Market $920,000 -- --
02/10/2022 02/10/22 For Sale $848,000 -- $457 / Sq Ft
02/09/2022 02/09/22 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 $7,960 $52,140 $11,640 $40,500
2024 $7,960 $45,480 $11,640 $33,840
2023 $6,985 $46,920 $11,640 $35,280
2022 $6,855 $51,420 $11,640 $39,780
2021 $7,150 $48,120 $11,640 $36,480
2020 $5,362 $47,700 $11,640 $36,060
2019 $6,250 $47,700 $11,640 $36,060
2018 $2,538 $31,366 $6,829 $24,537
2017 $2,551 $31,366 $7,923 $23,443
2016 $2,545 $30,921 $8,757 $22,164
2015 $3,349 $29,172 $12,283 $16,889
2014 $3,349 $27,522 $11,588 $15,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458929

Brooklyn Board of REALTORS®

APN: 07386-0174