NOT LISTED FOR SALE

2251 E 38th St Brooklyn, NY 11234

Marine Park Neighborhood

Estimated Value: $1,200,000 - $1,838,000

8 Beds
3.5 Baths
3,384 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $1,270,000 $375 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,370/month

Highlights

  • Wood Flooring
  • Terrace
  • Private Driveway
  • Ps 207 Elizabeth G Leary Rated A-
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of January 2022

Introducing an opportunity to own a 2 family home located in the coveted area of Marine Park, Brooklyn. The first level is a walk-in featuring a 3/4 bathroom, a family room, and 2 bedrooms. The second level features 2 bedrooms, a living room, a kitchen, and a full bathroom. The third and fourth level is a duplex featuring a family room, a half bathroom, a living room, and a kitchen on the third level. The fourth level features 4bedrooms and a full bathroom. The property is located just minutes away from Kings Plaza featuring an abundance of shops, restaurants, and much much more. There are also multiple public transportation options nearby providing easy transit around the city.

Last Agent to Sell the Property

King Shun Chik

Momentum Real Estate LLC Listed on: 08/03/2021

Co-Listed By

Minnie Lin

Momentum Real Estate LLC

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,620

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 100 x 26
  • Back and Front Yard

Home Design

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

Interior Spaces

  • 3,384 Sq Ft Home
  • 4-Story Property
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 3 Parking Spaces
  • Private Driveway

Outdoor Features

  • Terrace

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,620

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Length: 47.00
  • Building Width: 18.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 3384
  • Building Stories: 4
  • Street Name I D X: 38th
  • Building Style: Duplex
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2600

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 119
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8620.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Jan 25, 2022
Sold by
Wong Maria Elena and Wong Wai Man
Bought by
Sa United Ny Llc
Seller's Agent
King Shun Chik
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
Sold Price
$1,270,000
Current Estimated Value
$1,448,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,976
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,016,000
Outstanding Balance
$942,285
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$506,691
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
Sa United Ny Llc $1,270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sa United Ny Llc $1,016,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $1,270,000 -- $375 / Sq Ft
08/03/2021 08/03/21 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 $10,152 $97,080 $11,460 $85,620
2024 $10,152 $114,180 $11,460 $102,720
2023 $10,188 $111,660 $11,460 $100,200
2022 $9,448 $91,380 $11,460 $79,920
2021 $9,100 $70,560 $11,460 $59,100
2019 $8,518 $65,280 $11,460 $53,820
2018 $8,224 $41,804 $9,231 $32,573
2017 $7,740 $39,438 $8,728 $30,710
2016 $7,128 $37,206 $11,121 $26,085
2015 $5,100 $35,100 $12,720 $22,380
2014 $5,100 $35,100 $12,720 $22,380
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    King Shun Chik

    Momentum Real Estate LLC

    (718) 382-0001

    1 in this area

    1 Total Sale

    King Shun Chik
    Section Image
  • Minnie Lin

    Seller Co-Listing Agent in 2022

    Minnie Lin

    Momentum Real Estate LLC

    (917) 330-0628

    11 in this area

    287 Total Sales

    Minnie Lin
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454415

Brooklyn Board of REALTORS®

APN: 08555-0119

New York Kings County Brooklyn 11234 Marine Park

2251 E 38th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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