NOT LISTED FOR SALE

2291 Pitkin Ave Unit 4 Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $1,003,000 - $1,128,000

7 Beds
3 Baths
2,800 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $1,071,000 $382 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,093/month

182 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Van Siclen Avenue (A,C Line)
  • 4 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of August 2023

Huge, completely redone brick 3 fam property seated on a 2,500 sqft lot with 2,800 sqft of construction in a very upcoming area of East NY. It features 2 (2) bedroom apartments and a huge 15-foot-high ceiling 3 bedroom apt on the 1st floor plus a full fin bsmt. Every unit has a separate heating system. Ample parking space to fit 5 cars. R-7 zoning with FAR of 10k sq air rights. Sprinkles. This high-income producer property can be sold as a package deal with 2295 Pitkin Ave, next door building.

Last Agent to Sell the Property

Margarita Garcia

Home Global Realty Corp License #10311209384 Listed on: 12/21/2022

Last Buyer's Agent

Margarita Garcia

Home Global Realty Corp License #10311209384 Listed on: 12/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1925 | Remodeled in 2020

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • Property fronts an easement
  • Two or More Common Walls
  • Sprinkler System

Parking

  • 4 Car Detached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Schools

  • Ps 114 Ryder Elementary School
  • Middle School Of Marketing And Legal Studies
  • East Brooklyn Community High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 1925 | Remodeled in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • Year Built Effective: 2020
  • BuildingSize: 25 x 56
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 7
  • Living Area: 2800
  • Owner Pays: Insurance
  • SquareFootage: 2800.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Block, Brick
  • Exterior Features: Sprinkler System
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 5
  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 4+ Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Steam
  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms Of Marketing And Legal Studies

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-12-23

Rental Info

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

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5187

MLS Schools

  • Elementary School: Ps 114 Ryder Elementary
  • High School: East Brooklyn Community High School
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Aug 24, 2023
Sold by
Ali Bibi and Khan Patrick
Bought by
Wright Carson A
Seller's Agent
Margarita Garcia
Home Global Realty Corp
Buyer's Agent
Margarita Garcia
Home Global Realty Corp
List Price
$1,149,000
Sold Price
$1,071,000
Premium/Discount to List
-$78,000
-6.79%
Views
89
Current Estimated Value
$1,061,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,118
Avg. Annual Appreciation
-0.39%
Original Mortgage
$871,794
Outstanding Balance
$851,929
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,953

Purchase Details

Closed on
Apr 27, 2023
Sold by
Ali Bibi and Khan Patrick
Bought by
Ali Bibi and Khan Patrick

Purchase Details

Closed on
Feb 23, 2004
Sold by
The City Of New York and City Hall
Bought by
Ali Bibi and Khan Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
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
Wright Carson A $1,071,000 --
Ali Bibi -- --
Ali Bibi $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Carson A $871,794
Previous Owner Ali Bibi $178,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $1,071,000 -2.5% $383 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $1,099,000 -4.4% $393 / Sq Ft
12/21/2022 12/21/22 For Sale $1,149,000 -- $410 / 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 $5,949 $53,580 $13,620 $39,960
2024 $5,949 $50,100 $13,620 $36,480
2023 $5,893 $60,780 $13,620 $47,160
2022 $5,187 $49,740 $13,620 $36,120
2021 $5,406 $38,400 $13,620 $24,780
2020 $3,919 $39,840 $13,620 $26,220
2019 $4,021 $39,840 $13,620 $26,220
2018 $4,929 $24,182 $6,957 $17,225
2017 $4,651 $22,814 $8,617 $14,197
2016 $4,303 $21,523 $8,883 $12,640
2015 $2,596 $20,570 $9,599 $10,971
2014 $2,596 $20,570 $8,163 $12,407
Source: Public Records

Agents Affiliated with this Home

  • Margarita Garcia

    Seller's Agent in 2023

    Margarita Garcia

    Home Global Realty Corp

    (917) 783-8592

    4 in this area

    27 Total Sales

    Margarita Garcia
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Map

Source: OneKey® MLS

MLS Number: KEY3449043

OneKey® MLS

APN: 03996-0031

New York Kings County Brooklyn 11207 East New York

2291 Pitkin Ave Unit 4, Brooklyn, NY

Not Listed for Sale

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