NOT LISTED FOR SALE

229 van Siclen Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $975,596 - $1,154,000

8 Beds
4 Baths
2,718 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $866,500 $319 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,655/month

Highlights

  • Colonial Architecture
  • 2-minute walk to Van Siclen Avenue (A,C Line)
  • West Facing Home
  • Property is near public transit

About This Home

As of September 2020

Excellent 3 family close to all including A and C subway lines. Located conveniently between Liberty Ave and Glenmore Ave. Can be delivered fully vacant at closing! Easy to show. Great investment opportunity!

Last Agent to Sell the Property

Nora Avalos

NY Superior Realty License #31AV1117039 Listed on: 05/06/2020

Last Buyer's Agent

Zilma Stone

NY Superior Realty License #30ST1038473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls
  • West Facing Home

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Ps 149 Danny Kaye Elementary School
  • Vista Academy Middle School

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 7 / 3978
  • Assessor Parcel Number 03978-0007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • BuildingSize: 21X45
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: West
  • Construction Materials: Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Sewer: Public Sewer

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Vista Academy

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03978-0007
  • Zoning Description: R5B
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-05-08

Rental Info

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

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 1946
  • Tax Block: 3978
  • Tax Lot: 7
  • Tax Map Number: 03978-0007
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 149 Danny Kaye
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Khatun Fatima and Sattar Abdul
Bought by
Khatun Fatima
Current Estimated Value
$1,039,899

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 3, 2020
Sold by
Oxford Lesley
Bought by
Khatun Fatima and Sattar Abdul
Seller's Agent
Nora Avalos
NY Superior Realty
Buyer's Agent
Zilma Stone
NY Superior Realty
List Price
$848,000
Sold Price
$866,500
Premium/Discount to List
$18,500
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$798,076
Outstanding Balance
$703,663
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$336,236

Purchase Details

Closed on
Jan 27, 2011
Sold by
Zanja Management
Bought by
Oxford Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,826
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2010
Sold by
Gabu Drani and Washington Conetta
Bought by
W 149 Acquisition Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Fouquet Paul
Bought by
Gabu Drani and Washington Conetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
6.16%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Daley Patrick
Bought by
Fouquet Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Gamory Barbara
Bought by
Greig James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,260
Interest Rate
6.36%

Purchase Details

Closed on
Nov 8, 1995
Sold by
Gamory Aldwyn R
Bought by
Gamory Barbara
Source: Public Records

Range of Values:

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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
Khatun Fatima -- --
Khatun Fatima -- --
Khatun Fatima $871,500 --
Khatun Fatima $871,500 --
Oxford Lesley $398,940 --
Oxford Lesley $398,940 --
W 149 Acquisition Corp $180,000 --
Zanja Mgmt Inc $225,000 --
W 149 Acquisition Corp $180,000 --
Gabu Drani $610,000 --
Gabu Drani $610,000 --
Fouquet Paul $515,000 --
Fouquet Paul $515,000 --
Greig James -- --
Greig James -- --
Gamory Barbara $3,500 Custom Title Services Inc
Gamory Barbara -- Custom Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatun Fatima $798,076
Closed Khatun Fatima $798,076
Previous Owner Oxford Lesley $388,826
Previous Owner Zanja Mgmt Inc $180,000
Previous Owner W 149 Acquisition Corp $0
Previous Owner Gabu Drani $30,500
Previous Owner Gabu Drani $549,000
Previous Owner Fouquet Paul $515,000
Previous Owner Greig James $234,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $866,500 +2.2% $319 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $848,000 -- $312 / 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 $2,216 $62,760 $12,900 $49,860
2024 $2,216 $61,260 $12,900 $48,360
2023 $2,117 $54,780 $12,900 $41,880
2022 $1,967 $51,840 $12,900 $38,940
2021 $1,960 $41,700 $12,900 $28,800
2020 $974 $31,500 $12,900 $18,600
2019 $1,924 $31,500 $12,900 $18,600
2018 $1,771 $8,686 $2,702 $5,984
2017 $1,674 $8,210 $3,064 $5,146
2016 $1,551 $7,761 $3,462 $4,299
2015 $934 $7,761 $3,354 $4,407
2014 $934 $7,663 $3,296 $4,367
Source: Public Records

Agents Affiliated with this Home

  • Nora Avalos

    Seller's Agent in 2020

    Nora Avalos

    NY Superior Realty

    (646) 315-6264

    2 in this area

    89 Total Sales

    Nora Avalos
    Section Image

  • Z

    Buyer's Agent in 2020

    Zilma Stone

    NY Superior Realty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3214060

OneKey® MLS

APN: 03978-0007

New York Kings County Brooklyn 11207 East New York

229 van Siclen Ave, Brooklyn, NY

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