NOT LISTED FOR SALE

Estimated Value: $920,000 - $979,000

3 Beds
2 Baths
1,890 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $962,000 $509 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,857/month

44 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Skylights
  • Ps 206 Joseph F Lamb Rated A-
  • Den
  • 4-minute walk to Bill Brown Memorial Playground

About This Home

As of July 2024

Don't miss out on the opportunity to own this wonderful 2-family house located in the desirable neighborhood of Sheepshead Bay. This well-maintained property offers ample space for comfortable living. On the ground floor, discover a living space featuring 1 bedroom, 1 bathroom, a spacious living room, and an inviting eat in kitchen. On the recently renovated second floor you'll find a spacious layout, including 2 bedrooms (main bedroom with a cedar closet), 1 bathroom with a skylight, a large living room, and an inviting kitchen and dining area. The kitchen features modern appliances, granite countertops, abundant cabinet space and a skylight. This property offers an abundance of outdoor space, with a backyard and front and back porches, providing the perfect area for gardening, barbecues, or simply enjoying the fresh air. Also included is a private driveway and an attached garage. This property offers proximity to schools, parks, and business districts with a wide range of amenities, including shopping, and restaurants. Easy access to public transportation options.

Last Agent to Sell the Property

Melissa Ng

Century 21 Realty Specialists Brokerage Phone: 631-418-8222 License #10401252393 Listed on: 03/04/2024

Century 21 Realty Specialists

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,795

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100
  • Two or More Common Walls
  • Private Entrance

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Den

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • JHS 14 Shell Bank Middle School
  • Origins High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 515 / 7405
  • Assessor Parcel Number 07405-0515

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,795

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 631-418-8222
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: A/C Units,Dishwasher,Dryer,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 3
  • Window Features: Skylight(s)
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck, Patio, Porch
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 14 Shell Bank

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07405-0515
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-03-08

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7795
  • Tax Block: 7405
  • Tax Lot: 515
  • Tax Map Number: 07405-0515

MLS Schools

  • High School: Origins High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jul 8, 2024
Sold by
Ralph Marchese As Executor and The Estate Of Joan M Marchese
Bought by
Tang Siu Yuet and Tsang Kawa
Seller's Agent
Melissa Ng
Century 21 Realty Specialists
Buyer's Agent
Kelly Wu
RE/MAX Edge
List Price
$888,888
Sold Price
$962,000
Premium/Discount to List
$73,112
8.23%
Views
33
Current Estimated Value
$950,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,877
Avg. Annual Appreciation
-1.09%
Original Mortgage
$720,000
Outstanding Balance
$712,672
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,451
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
Tang Siu Yuet $962,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Siu Yuet $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $962,000 +8.2% $509 / Sq Ft
04/22/2024 04/22/24 For Sale $888,888 -7.6% $470 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/10/2024 04/10/24 Off Market $962,000 -- --
03/04/2024 03/04/24 For Sale $888,888 -- $470 / 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 $8,279 $54,180 $11,460 $42,720
2024 $8,279 $44,040 $11,460 $32,580
2023 $7,882 $49,080 $11,460 $37,620
2022 $7,674 $52,500 $11,460 $41,040
2021 $7,621 $49,080 $11,460 $37,620
2020 $5,716 $51,060 $11,460 $39,600
2019 $7,137 $48,660 $11,460 $37,200
2018 $6,533 $33,508 $7,610 $25,898
2017 $6,474 $33,231 $7,954 $25,277
2016 $5,958 $31,351 $8,542 $22,809
2015 $3,561 $31,140 $12,720 $18,420
2014 $3,561 $29,596 $12,089 $17,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3535502

OneKey® MLS

APN: 07405-0515