NOT LISTED FOR SALE

Estimated Value: $859,452 - $1,019,000

5 Beds
3 Baths
2,980 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $750,000 $252 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,574/month

140 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Park
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • 4-minute walk to Railroad Park

About This Home

As of April 2024

Welcome to this remarkable two-family home in the heart of East Flatbush, offering an excellent opportunity for both homeowners and investors. With its generous living space, well-maintained features, and versatile layout, this property is a true gem. Both units provide bright and spacious living rooms eat in kitchens, a total of 2 full bathrooms and 5 bedrooms. The home also has a finished above-ground basement featuring a bathroom and recreational area, providing endless possibilities for a home office, gym, or entertainment room. The home has an Impressive 20x54 building size, offering plenty of room for comfortable living. A private driveway with a garage, ensuring convenient parking and storage options and a back patio area, perfect for outdoor dining, gardening, or simply relaxing in your own oasis. New owners will enjoy East Flatbush and all it has to offer including many houses of worship, a vibrant community, tree-lined streets, and easy access to amenities. Enjoy nearby shopping, dining, parks, and schools, as well as convenient public transportation options for easy commutes throughout the city. Don't miss out on the chance to make this fantastic two-family home your own. With its prime location, spacious layout, and versatile options, it won't stay on the market for long. Seize this opportunity to invest in your future in East Flatbush!

Last Agent to Sell the Property

Etan Hakimi

Mitra Hakimi Realty Group LLC Brokerage Phone: 718-268-5588 License #10301204850 Listed on: 09/11/2023

Last Buyer's Agent

Lamar Collins

Vanguard Real Estate Brokerage License #10311202999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,452

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 233 Langston Hughes Elementary School
  • Is 285 Meyer Levin Middle School
  • Cultural Academy-Arts And Sciences High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 46 / 7913
  • Assessor Parcel Number 07913-0046

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,452

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 718-268-5588
  • BuildingSize: 20 X 54
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 2980
  • SquareFootage: 2980.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 285 Meyer Levin

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07913-0046
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 8452
  • Tax Block: 7913
  • Tax Lot: 46
  • Tax Map Number: 07913-0046

MLS Schools

  • Elementary School: Ps 233 Langston Hughes
  • High School: Cultural Academy-Arts And Sciences
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Apr 15, 2024
Sold by
Estate Of Evelyn Williams and Sherwin D Roberts As Administrator
Bought by
Dogan Lorraine
Seller's Agent
Etan Hakimi
Mitra Hakimi Realty Group LLC
Buyer's Agent
Lamar Collins
Vanguard Real Estate Brokerage
List Price
$1,050,000
Sold Price
$750,000
Premium/Discount to List
-$300,000
-28.57%
Views
999
Current Estimated Value
$923,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,113
Avg. Annual Appreciation
13.08%
Original Mortgage
$600,000
Outstanding Balance
$591,018
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,095
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
Dogan Lorraine $750,000 --
Dogan Lorraine $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dogan Lorraine $600,000
Closed Dogan Lorraine $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $750,000 -15.5% $252 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
11/02/2023 11/02/23 Price Changed $888,000 -11.1% $298 / Sq Ft
09/29/2023 09/29/23 Price Changed $999,000 -4.9% $335 / Sq Ft
09/11/2023 09/11/23 For Sale $1,050,000 -- $352 / Sq Ft
Source: OneKey® MLS

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 $8,860 $45,720 $13,980 $31,740
2024 $8,860 $53,760 $13,980 $39,780
2023 $8,452 $49,320 $13,980 $35,340
2022 $8,308 $45,060 $13,980 $31,080
2021 $8,334 $46,320 $13,980 $32,340
2020 $6,250 $37,980 $13,980 $24,000
2019 $7,690 $37,980 $13,980 $24,000
2018 $7,070 $34,680 $13,980 $20,700
2017 $7,131 $34,980 $13,516 $21,464
2016 $6,597 $33,000 $13,980 $19,020
2015 $4,133 $32,832 $14,102 $18,730
2014 $4,133 $32,832 $14,102 $18,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3503585

OneKey® MLS

APN: 07913-0046