NOT LISTED FOR SALE

2368 E 22nd St Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $936,231 - $1,322,000

5 Beds
3 Baths
2,000 Sq Ft
$576/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $1,116,800 $558 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,779/month

20 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Park
  • 4-minute walk to Bill Brown Memorial Playground

About This Home

As of October 2022

Welcome to This Semi-attached Legal 2 family brick house is located in the Heart of Sheepshead Bay! Building size is 20 x 50; the lot size is 25 x 100. Total 5 bedrooms and 3 bathrooms. Finished basement with great income potential. It comes with a detached 2 car garage and being only steps away from the shopping areas, supermarkets and restaurants. Few blocks away from the B, Q trains. Make it your dream home or a great investment. Won't last!

Last Agent to Sell the Property

Kevin Lin

E Realty International Corp License #10301213120 Listed on: 07/15/2022

E Realty International Corp

Last Buyer's Agent

Kevin Lin

E Realty International Corp License #10301213120 Listed on: 07/15/2022

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,411

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 269 Nostrand Elementary School
  • Ps 206 Joseph F Lamb Middle School
  • James Madison High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 125 / 7381
  • Assessor Parcel Number 07381-0125

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,411

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 20x51
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-07-18
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 206 Joseph F Lamb

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07381-0125
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-31
  • Tax Annual Amount: 8411.00
  • Tax Block: 7381
  • Tax Lot: 125
  • Tax Map Number: 07381-0125

Multi Family

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

MLS Schools

  • Elementary School: Ps 269 Nostrand
  • High School: James Madison High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Oct 31, 2022
Sold by
Ma Michael and Ma William
Bought by
Chen Xiang Yun and Li Bao Gang
Seller's Agent
Kevin Lin
E Realty International Corp
Buyer's Agent
Kevin Lin
E Realty International Corp
List Price
$1,180,000
Sold Price
$1,116,800
Premium/Discount to List
-$63,200
-5.36%
Views
8
Current Estimated Value
$1,152,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,758
Avg. Annual Appreciation
1.01%
Original Mortgage
$555,000
Outstanding Balance
$536,568
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$615,990

Purchase Details

Closed on
Nov 21, 1995
Sold by
Ma Michael
Bought by
Ma Michael and Ma William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Xiang Yun $1,116,800 --
Chen Xiang Yun $1,116,800 --
Chen Xiang Yun $1,116,800 --
Ma Michael -- --
Ma Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiang Yun $555,000
Closed Chen Xiang Yun $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $1,116,800 -5.4% $558 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $1,180,000 -- $590 / 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 $9,111 $67,980 $12,180 $55,800
2024 $9,111 $70,440 $12,180 $58,260
2023 $8,732 $61,800 $12,180 $49,620
2022 $8,411 $55,620 $12,180 $43,440
2021 $8,432 $49,860 $12,180 $37,680
2020 $6,324 $52,260 $12,180 $40,080
2019 $7,907 $55,740 $12,180 $43,560
2018 $7,304 $35,830 $8,370 $27,460
2017 $7,158 $35,112 $8,000 $27,112
2016 $6,675 $33,390 $9,560 $23,830
2015 $3,775 $31,500 $13,560 $17,940
2014 $3,775 $31,500 $13,560 $17,940
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kevin Lin

    E Realty International Corp

    (917) 837-8937

    1 in this area

    3 Total Sales

    Kevin Lin
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3416378

OneKey® MLS

APN: 07405-0132

New York Kings County Brooklyn 11229 Sheepshead Bay

2368 E 22nd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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