NOT LISTED FOR SALE

2255 E 24th St Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $1,416,000 - $1,504,000

5 Beds
3 Baths
2,520 Sq Ft
$577/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,410,000 $560 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,684/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Ps 206 Joseph F Lamb Rated A-
  • Back, Front, and Side Yard
  • 2-minute walk to Galapo playground

About This Home

As of September 2023

Big Solid Brick 3 Family House with parking for sale in Sheepshead Bay Prime. This house is 21 x 60 sitting on a 25 x 100 lot. This vacant house is well maintained and ready for its next owner. This legal 3 Family house has 5 bedrooms and 3 full Bathrooms. The current layout is as follows: The 2nd floor consists of two 1 bedroom apartments. Each unit has 1 Bedroom, Living Room, Eat in Kitchen, and Full Bathroom The 1st floor has 3 Good sized Bedrooms (can be converted to 4 bedrooms), Living Room, Eat in Kitchen, and a Full Bathroom. There is also a full unfinished basement with separate entrance currently being used as storage. House features Detached garage, Parking for 2 cars, Separate back Entrance for basement, New hot water Heater, Washer dryer Hook up, 4 electric meters, 2 gas meters and many more. Conveniently located 2 blocks from Avenue U - near shopping, restaurants, great schools, places of worship, and public transportation. This house is a great buy for any type of user, you can live and earn, or just use it as an investment property. Come take a look for yourself.

Last Agent to Sell the Property

Danny Chung

Listed on: 06/23/2023

Last Buyer's Agent

Danny Chung

Listed on: 06/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,379

Year Built

  • Built in 1930

Lot Details

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

Home Design

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

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7382

Community Details

Amenities

  • Laundry Facilities
  • Secure Lobby

Additional Features

  • 3 Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,379

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Beds Total Level1: 3
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1260
  • Building Length: 60.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue V
  • Cross Street Name2: Avenue W
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 3
  • Parking Attributes: 1 Space, 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Refrigerator, Stove
  • Rooms Total Level1: 6
  • Rooms Total Level2: 7
  • Fill Sq Ft Total: 2520
  • Building Stories: 2
  • Street Name I D X: 24th
  • Street Number I D X: 2255
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2500
  • Total Rooms: 13

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 160
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 200 Amp, 220 V, Other
  • 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: 9379.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 28, 2023
Sold by
Colella Felice and Colella Colella
Bought by
Luo Xiao Min and Wang Qiu Liang
Seller's Agent
Danny Chung
Buyer's Agent
Danny Chung
List Price
$1,478,000
Sold Price
$1,410,000
Premium/Discount to List
-$68,000
-4.6%
Current Estimated Value
$1,454,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,679
Avg. Annual Appreciation
1.62%
Original Mortgage
$499,000
Outstanding Balance
$489,748
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$964,931

Purchase Details

Closed on
Mar 15, 2022
Sold by
Benedetto A Colella Irrevocable Trust and Colella Trustee Carmine
Bought by
Colella Felice and Colella Colella

Purchase Details

Closed on
Jan 6, 2011
Sold by
Colella Benedetto A
Bought by
Benedetto A Colella Irrevocable Trust and Colella
Source: Public Records

Range of Values:

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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
Luo Xiao Min $1,410,000 --
Colella Felice -- --
Benedetto A Colella Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Xiao Min $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,410,000 -4.6% $560 / Sq Ft
06/23/2023 06/23/23 For Sale $1,478,000 -- $587 / Sq Ft
06/22/2023 06/22/23 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 $9,831 $80,880 $14,880 $66,000
2024 $9,831 $77,340 $14,880 $62,460
2023 $9,379 $93,240 $14,880 $78,360
2022 $4,610 $78,120 $14,880 $63,240
2021 $9,618 $76,980 $14,880 $62,100
2020 $25 $75,180 $14,880 $60,300
2019 $8,533 $67,140 $14,880 $52,260
2018 $7,845 $38,485 $9,573 $28,912
2017 $7,845 $38,485 $8,708 $29,777
2016 $7,635 $38,193 $11,303 $26,890
2015 $4,379 $36,032 $12,919 $23,113
2014 $4,379 $33,993 $11,714 $22,279
Source: Public Records

Agents Affiliated with this Home

  • Danny Chung

    Seller's Agent in 2023

    Danny Chung

    (646) 379-7176

    19 in this area

    101 Total Sales

    Danny Chung
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474986

Brooklyn Board of REALTORS®

APN: 07382-0160

New York Kings County Brooklyn 11229 Sheepshead Bay

2255 E 24th St, Brooklyn, NY

This home is located at 2255 E 24th St, Brooklyn, NY 11229 since 23 June 2023 and is currently estimated at $1,454,679, approximately $577 per square foot. This property was built in 1930. 2255 E 24th St is a home located in Kings County with nearby schools including Ps 206 Joseph F Lamb, Jhs 14 Shell Bank, and St. Edmund Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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