NOT LISTED FOR SALE

229 55th St Unit 4A Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $639,000 - $776,000

2 Beds
2 Baths
827 Sq Ft
3,877 Sq Ft Lot

Last Sold November 08, 2022

Last sale price $599,900 $725 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,600/month

Highlights

  • Terrace
  • Handicap Accessible
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A
  • Multiple cooling system units

About This Home

As of November 2022

Brand New two bedroom Condo with Elevator, two bath, with big terrace. Laundry room inside. minutes to NYC Langone Hospital, can get very good rent. And closing to shopping, park. We have key, make Appointment anytime.

Last Agent to Sell the Property

Qi Kang Mei

RE/MAX Edge License #10401207839 Listed on: 02/19/2022

RE/MAX Edge

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 2020

Lot Details

  • 3,877

Home Design

  • 827 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners

Additional Features

  • Stove
  • Washer
  • Handicap Accessible
  • Terrace
  • Sprinkler System

Community Details

  • 7 Units
  • The 229 55Th Street Condominium Condos

Listing and Financial Details

  • Tax Block 821

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,667

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Ave
  • Cross Street Name2: 3rd Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 316.00
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Central Air - Split, Garage Door Opener(s), Refrigerator, Stove, Terrace, Washer
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 827
  • Street Name I D X: 55th
  • Street Number I D X: 229
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Floor: 5
  • Room Count: 6
  • Total Rooms: 4
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 66

Utilities

  • Air Conditioning Units: 4
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Self Managed
  • Manager Phone: 000-000-0000
  • Units In Building: 7

Lot Info

  • Building Project Name: The 229 55th Street Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6666.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Nov 7, 2022
Sold by
Ng1 Llc
Bought by
Rivera Evelyn and Rodriguez Britnee
Seller's Agent
Qi Kang Mei
RE/MAX Edge
Buyer's Agent
NON MEMBER
Sold Price
$599,900
Current Estimated Value
$686,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,159
Avg. Annual Appreciation
4.91%
Original Mortgage
$479,200
Outstanding Balance
$465,272
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,787
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rivera Evelyn $610,848 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Evelyn $479,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $599,900 -- $725 / Sq Ft
02/19/2022 02/19/22 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 $10,342 $99,504 $17,196 $82,308
2024 $10,342 $98,865 $17,196 $81,669
2023 $9,435 $93,620 $17,196 $76,424
2022 $8,828 $81,476 $17,196 $64,280
Source: Public Records

Agents Affiliated with this Home

  • Qi Kang Mei

    Seller's Agent in 2022

    Qi Kang Mei

    RE/MAX Edge

    (718) 288-3835

    3 in this area

    41 Total Sales

    Qi Kang Mei
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459140

Brooklyn Board of REALTORS®

APN: 00821-1307

New York Kings County Brooklyn 11220 Sunset Park

229 55th St Unit 4A, Brooklyn, NY

This home is located at 229 55th St Unit 4A, Brooklyn, NY 11220 since 19 February 2022 and is currently estimated at $686,059, approximately $829 per square foot. This property was built in 2020. 229 55th St Unit 4A is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High 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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