NOT LISTED FOR SALE

Estimated Value: $1,172,008 - $1,507,000

5 Beds
3 Baths
2,892 Sq Ft
$470/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $1,160,000 $401 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,877/month

Highlights

  • Wood Flooring
  • Laundry Facilities
  • 4-minute walk to Galapo playground
  • Hot Water Heating System
  • Back Yard

About This Home

As of August 2018

ENORMOUS LEGAL TWO-FAMILY WITH A FULL BASEMENT AND NEARLY 3,000 SQUARE FEET OF LIVING SPACE CENTRALLY LOCATED RIGHT IN SHEEPSHEAD BAY IS PRICED PERFECTLY AND READY TO MOVE! THIS LARGE WELL KEPT 2 FAMILY, SEMI-DETACHED SOLID BRICK HOME WITH SHARED DRIVEWAY HAS PARKING FOR 2 CARS, SITS ON A 25X100 LOT AND BUILDING SIZE IS 20X50. 1ST FLOOR FEATURES 2 BEDROOMS, 1 BATH, LARGE EAT-IN KITCHEN, LIVING ROOM, PARQUET FLOORS, TILED BATHROOM, LOTS OF CLOSETS, WINDOWS AND HIGH CEILINGS. 2ND FLOOR FEATURES 3 BEDROOMS, 1 BATH, EAT-IN KITCHEN, LIVING ROOM, AND LOTS OF CLOSETS, HIGH CEILINGS & WINDOWS. THE SECOND FLOOR WILL NEED SOME TLC. THE BASEMENT IS FINISHED WITH 3/4 BATH, UTILITY ROOM, SEPARATE LAUNDRY & STORAGE AND SEPARATE ENTRANCE. NEW GAS BOILER AND HOT WATER HEATER. HOUSE HAS GREAT CURB APPEAL AND LOTS OF ADDITIONAL POTENTIAL. CONVENIENTLY LOCATED NEAR SCHOOLS, SHOPPING, RESTAURANTS AND HOUSES OF WORSHIP, PARKS AND PUBLIC TRANSPORTATION. THE AVENUE U STATION ON THE B AND Q LINE IS A 10 MINUTE WALK AWAY. WILL BE DELIVERED VACANT. THIS IS A GREAT OPPORTUNITY TO LIVE AND EARN!

Last Agent to Sell the Property

Jerry Tenenbaum

Top Nest Inc Listed on: 06/20/2018

Last Buyer's Agent

Jerry Tenenbaum

Top Nest Inc Listed on: 06/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1930

Lot Details

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 7381

Community Details

Building Details

  • Fuel Expense $300
  • Insurance Expense $2,350

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • 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: Hot Water
  • 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: Laundry Area
  • Fill Sq Ft Total: 2892
  • Building Stories: 2
  • Street Name I D X: 22
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 253
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Electric

Fee Information

  • Annual Fuel Expense: 300.00

Lot Info

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

Multi Family

  • Insurance Expense: 2350.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 2500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 28, 2018
Sold by
Cohen Rochelle and Steinhorn Lawrence
Bought by
Liang Kaiyan and Pu Yu
Seller's Agent
Jerry Tenenbaum
Top Nest Inc
Buyer's Agent
Jerry Tenenbaum
Top Nest Inc
Sold Price
$1,160,000
Current Estimated Value
$1,360,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,252
Avg. Annual Appreciation
2.20%
Original Mortgage
$710,000
Outstanding Balance
$617,887
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$742,365
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
Liang Kaiyan $1,160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Kaiyan $710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $1,160,000 -- $401 / Sq Ft
06/20/2018 06/20/18 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 $8,996 $76,980 $10,800 $66,180
2024 $8,996 $77,820 $10,800 $67,020
2023 $8,732 $74,460 $10,800 $63,660
2022 $8,154 $60,960 $10,800 $50,160
2021 $8,416 $66,840 $10,800 $56,040
2020 $4,208 $65,640 $10,800 $54,840
2019 $7,808 $65,640 $10,800 $54,840
2018 $2,504 $35,830 $6,810 $29,020
2017 $2,529 $34,038 $6,792 $27,246
2016 $2,418 $33,326 $8,485 $24,841
2015 $1,327 $31,440 $12,000 $19,440
2014 $1,327 $31,104 $11,872 $19,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 421349

Brooklyn Board of REALTORS®

APN: 07381-0253