$998,000
SOLD FEB 20, 2025
4 Beds
2 Baths
1,780 Sq Ft
3,200 Sq Ft Lot

Recently Sold

$561 Per Sq Ft

11% Above List Price

36 Days on Market

Highlights

  • Cooling Available
  • 4-minute walk to Neck Road
  • 1-Story Property
  • Garage

About This Home

As of February 2025

Nestled in the prime location of Sheepshead Bay, this charming 24 x 46 semi-detached two-family home is an investor's dream. The property features two separate units: the recently updated top-floor unit boasts a large living room filled with natural light throughout the day, beautiful hardwood floors, and a separate dining area that can easily be converted into a work-from-home space. The windowed kitchen is fully separated and equipped with stainless steel appliances. The bedrooms are bright and spacious enough to accommodate king-sized beds, and the bathroom offers both a tub and a separate shower stall for added convenience. The ground-floor apartment has a separate foyer that leads to an expansive kitchen and dining combo area. The living space is generous, comfortably fitting any size furniture, and includes two queen-sized bedrooms, along with additional storage throughout. Both units are occupied by month-to-month tenants but can be delivered vacant.

This home offers more than just indoor living space. A private back garden creates a serene outdoor retreat, perfect for relaxing or entertaining. Additionally, the property features a private rear driveway and an attached garage, providing convenient access and ample parking. The home's layout and amenities make it ideal for owner-occupants looking for rental income or investors seeking a prime location with high rental demand.

Ideally located near an array of shops, restaurants, and public transportation options, this property ensures a comfortable and connected lifestyle. Public transportation options include the B4, B36, and B49 bus lines, as well as the Sheepshead Bay subway station served by the B and Q trains, offering easy and direct access to Manhattan and other parts of the city. The combination of its desirable location, spacious living areas, and potential for rental income makes this Sheepshead Bay home a fantastic investment opportunity.

Last Agent to Sell the Property

Beatriz Moitinho

Serhant License #10401277102 Listed on: 09/03/2024

Serhant

Co-Listed By

Matthew McCarty

Serhant License #10401374122

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1945

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 100.00x32.00

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available

Community Details

  • Homecrest Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Townhouse Details

Home Type

Townhome

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Homecrest
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Fireplace: No
  • Living Area: 1780.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 3200.0
  • Lot Size Dimensions: 100.00x32.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: -1
  • Total Stories: 1
  • Year Built: 1945

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Feb 20, 2025
Sold by
Chan David
Bought by
Chen Haoyu
Seller's Agent
Beatriz Moitinho
Serhant
List Price
$899,000
Sold Price
$998,000
Premium/Discount to List
$99,000
11.01%
Views
50
Current Estimated Value
$1,009,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,979
Avg. Annual Appreciation
1.38%
Original Mortgage
$748,000
Outstanding Balance
$742,307
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,672

Purchase Details

Closed on
Mar 30, 2012
Sold by
Chan Lu Been Ting
Bought by
Chan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2004
Sold by
Eng Fanny
Bought by
Chan Le and Chan Lu Been

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Huie Nancy
Bought by
Eng Fanny
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $998,000 --
Deed $998,000 --
Deed $590,000 --
Deed $590,000 --
Deed $550,500 --
Deed $550,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $748,000 Purchase Money Mortgage
Closed $748,000 Purchase Money Mortgage
Previous Owner $472,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $998,000 +11.0% $561 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $899,000 -- $505 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,435 $54,840 $14,340 $40,500
2024 $7,435 $51,420 $14,340 $37,080
2023 $7,518 $54,720 $14,340 $40,380
2022 $7,324 $51,300 $14,340 $36,960
2021 $7,274 $47,820 $14,340 $33,480
2020 $3,402 $44,460 $14,340 $30,120
2019 $6,404 $48,120 $14,340 $33,780
2018 $6,228 $32,014 $9,847 $22,167
2017 $6,177 $31,771 $10,331 $21,440
2016 $5,682 $29,974 $9,184 $20,790
2015 $3,395 $28,279 $13,014 $15,265
2014 $3,395 $26,679 $12,278 $14,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11006396

Real Estate Board of New York (REBNY)

APN: 07402-0025