NOT LISTED FOR SALE

238 56th St Unit 1F Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $640,000 - $739,000

3 Beds
1.5 Baths
1,097 Sq Ft
4,008 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $600,000 $547 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,574/month

Highlights

  • Granite Flooring
  • Multiple cooling system units
  • 2-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A

About This Home

As of May 2024

Presenting a charming Duplex Condo featuring 3 bedrooms, situated in the picturesque Sunset Park area. This delightful property boasts a full bath, an inviting eat-in kitchen, and a cozy living room on the first floor. Additionally, it offers an extra 200 square feet of living space in the lower level, complete with a convenient half bath. With a net square footage of 1,097, these condos were thoughtfully constructed in 2009 and come with a tax abatement that extends until 2034. Enjoy the benefits of low monthly common charges, amounting to just $256, and remarkably affordable property taxes, totaling only $189 per year. This prime location places you mere steps away from Lutheran Hospital, the BQE, Industry City, COSTCO and more!

Last Agent to Sell the Property

Emily Liang

RE/MAX Real Estate Professionals License #10401235357 Listed on: 10/10/2023

RE/MAX Real Estate Professionals

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $189

Year Built

  • Built in 2009

Lot Details

  • 4,008

Home Design

  • 1,097 Sq Ft Home
  • Entry on the 1st floor

Flooring

  • Granite
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System

Additional Features

  • Stove
  • Washer

Community Details

  • 8 Units
  • Association Phone (718) 492-0000
  • 238 Holding Llc Condos
  • Property managed by 238 Holding LLC

Listing and Financial Details

  • Tax Block 837
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$189

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Ave
  • Cross Street Name2: 3rd Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Ductless/Split
  • Maintenance Common Fee: 256.00
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 1097
  • Street Name I D X: 56th
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Granite, Tile
  • Entry Floor: 1
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Semi-Detached
  • Lot Number: 1001

Utilities

  • Air Conditioning Units: 4
  • Heating Fuel: Electric
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: 238 Holding LLC
  • Manager Phone: 718-492-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 8

Lot Info

  • Building Project Name: 238 Holding LLC

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 189.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
May 15, 2024
Sold by
Chen Juan Chang and Chen Shou Wen
Bought by
San Diego Jayanne Matibag and San Diego Omar
Seller's Agent
Emily Liang
RE/MAX Real Estate Professionals
Buyer's Agent
NON MEMBER
List Price
$628,000
Sold Price
$600,000
Premium/Discount to List
-$28,000
-4.46%
Views
184
Current Estimated Value
$679,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,649
Avg. Annual Appreciation
8.79%
Original Mortgage
$558,329
Outstanding Balance
$550,329
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,320

Purchase Details

Closed on
Sep 20, 2010
Sold by
238 56Th Street Llc
Bought by
Chen Juan Chang and Chen Shou Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
San Diego Jayanne Matibag $620,365 --
San Diego Jayanne Matibag $620,365 --
Chen Juan Chang $334,620 --
Chen Juan Chang $334,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open San Diego Jayanne Matibag $558,329
Closed San Diego Jayanne Matibag $558,329
Previous Owner Chen Juan Chang $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $600,000 -1.3% $547 / Sq Ft
02/16/2024 02/16/24 Price Changed $608,000 -3.2% $554 / Sq Ft
10/10/2023 10/10/23 For Sale $628,000 -- $572 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $190 $81,437 $14,309 $67,128
2024 $190 $67,868 $14,309 $53,559
2023 $186 $65,612 $14,309 $51,303
2022 $140 $64,485 $14,309 $50,176
2021 $186 $51,983 $14,309 $37,674
2020 $92 $57,051 $14,309 $42,742
2019 $192 $50,913 $14,309 $36,604
2018 $193 $43,084 $14,309 $28,775
2017 $193 $45,337 $14,309 $31,028
2016 $196 $47,702 $14,309 $33,393
2015 $153 $42,633 $14,309 $28,324
2014 $153 $39,367 $14,309 $25,058
Source: Public Records

Agents Affiliated with this Home

  • Emily Liang

    Seller's Agent in 2024

    Emily Liang

    RE/MAX

    (347) 320-2569

    8 in this area

    103 Total Sales

    Emily Liang
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 477433

Brooklyn Board of REALTORS®

APN: 00837-1001

New York Kings County Brooklyn 11220 Sunset Park

238 56th St Unit 1F, Brooklyn, NY

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