NOT LISTED FOR SALE

Estimated Value: $1,207,375 - $1,381,000

3 Beds
2 Baths
1,880 Sq Ft
$678/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $1,201,000 $639 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,374/month

22 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Avenue N
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • 2-minute walk to Community Playground

About This Home

As of June 2024

Welcome to this charming 2-family all-brick home nestled in the heart of Boro Park, Brooklyn, New York. Perfectly designed for comfortable living and offering an excellent investment opportunity, this property boasts two meticulously updated units, each offering its own distinctive features. The first-floor unit presents a cozy yet spacious layout, comprising one bedroom, one bathroom, a well-appointed kitchen leading seamlessly into a welcoming dining room, a separate living room for relaxation, and a convenient laundry area, ensuring utmost convenience for the modern resident. Ascending to the second floor reveals a beautifully renovated unit boasting two generously sized bedrooms, a tastefully designed bathroom, a stylish kitchen flowing into an elegant dining space, and a separate living room ideal for entertaining guests or unwinding after a long day. Additionally, this unit offers a convenient laundry hookup discreetly tucked away in a closet, adding to the ease of daily chores. Convenience is further accentuated by an attached garage accommodating one vehicle, alongside two additional parking spaces located at the rear of the property, ensuring ample parking for residents and guests alike. Situated in a prime location, this home offers easy access to transportation, allowing for effortless commuting throughout the city. Nearby, residents will find a plethora of shopping options and dining establishments, catering to every taste and preference. Whether you're seeking a comfortable abode to call home or a savvy investment opportunity, this meticulously maintained property in Borough Park presents an exceptional blend of convenience, comfort, and style, promising a truly delightful living experience in one of Brooklyn's most sought-after neighborhoods. Don't miss the chance to make this your new home sweet home!

Last Agent to Sell the Property

Anthony Parascandolo

RE/MAX ELITE Brokerage Phone: 718-690-3900 License #10401327454 Listed on: 03/04/2024

RE/MAX ELITE

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,772

Year Built

  • Built in 1960

Lot Details

  • 1,790 Sq Ft Lot
  • Lot Dimensions are 20.67x86.58
  • Two or More Common Walls
  • Private Entrance
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Ps 226 Alfred De B Mason Middle School
  • Edward R Murrow High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / 6554
  • Assessor Parcel Number 06554-0020

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,772

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 718-690-3900
  • BuildingSize: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: A/C Units,Dryer,Garage Door Opener,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 3
  • Living Area: 1880
  • Owner Pays: Insurance
  • SquareFootage: 1880.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced, Partial
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 226 Alfred De B Mason

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.67x86.58
  • Lot Size Sq Ft: 1790
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 06554-0020
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Fuel Expense: 156
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 8772
  • Tax Block: 6554
  • Tax Lot: 20
  • Tax Map Number: 06554-0020
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Edward R Murrow High School
  • Middle School District: Brooklyn 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jun 20, 2024
Sold by
Deborah Anne Strauss Revocable Trust 11- and Deborah Anne Strauss As Trustee
Bought by
Liao Baizhuang and Luo Lunying
Seller's Agent
Anthony Parascandolo
RE/MAX ELITE
Buyer's Agent
Non Member
NonMember
List Price
$1,199,888
Sold Price
$1,201,000
Premium/Discount to List
$1,112
0.09%
Views
29
Current Estimated Value
$1,275,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,094
Avg. Annual Appreciation
3.99%
Original Mortgage
$500,000
Outstanding Balance
$492,739
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$782,355

Purchase Details

Closed on
Nov 28, 2023
Sold by
Montemarano Joseph and Montemarano Strauss
Bought by
Deborah Anne Strauss Revocable Trust and Deborah Strauss

Purchase Details

Closed on
May 9, 2007
Sold by
Montemarano Joseph C and Montemarano Rose
Bought by
Montemarano Joseph C and Strauss Deborah

Purchase Details

Closed on
Jul 15, 2002
Sold by
Montemarano Rose
Bought by
Montemarano Rose and Montemarano Joseph C

Purchase Details

Closed on
Sep 19, 1996
Sold by
Macellino Helene and Mascia Helene
Bought by
Montemarano Joseph and Montemarano Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liao Baizhuang $1,201,000 --
Liao Baizhuang $1,201,000 --
Deborah Anne Strauss Revocable Trust -- --
Deborah Anne Strauss Revocable Trust -- --
Deborah Anne Strauss Revocable Trust -- --
Montemarano Joseph C -- --
Montemarano Joseph C -- --
Montemarano Rose -- --
Montemarano Rose -- --
Montemarano Joseph $215,000 --
Montemarano Joseph $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Baizhuang $500,000
Closed Liao Baizhuang $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $1,201,000 +0.1% $639 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,199,888 -- $638 / 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 $8,555 $63,480 $19,860 $43,620
2024 $8,555 $59,880 $19,860 $40,020
2023 $8,488 $71,640 $19,860 $51,780
2022 $7,899 $68,460 $19,860 $48,600
2021 $8,208 $67,080 $19,860 $47,220
2020 $3,878 $66,900 $19,860 $47,040
2019 $7,376 $66,900 $19,860 $47,040
2018 $7,040 $35,996 $11,412 $24,584
2017 $6,666 $34,172 $12,321 $21,851
2016 $6,422 $33,674 $12,991 $20,683
2015 $3,668 $32,071 $16,101 $15,970
2014 $3,668 $30,550 $17,539 $13,011
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3535364

OneKey® MLS

APN: 06554-0020