Seller's Agent in 2025
Ping Chen
RE/MAX
(917) 536-3632
20 in this area
123 Total Sales
238 56th St Unit 2R Brooklyn, NY 11220
Sunset Park Neighborhood
3
Beds
1.5
Baths
824
Sq Ft
4,008
Sq Ft Lot
Highlights
- Wood Flooring
- Multiple cooling system units
- Community Storage Space
- IS 220 John J. Pershing Rated A
- Laundry Facilities
- 2-minute walk to Martin Luther Playground
About This Home
As of February 2025Introducing a charming 3-bedroom, 1.5-bathroom condominium in the picturesque Sunset Park neighborhood. This 2nd floor unit boasts three spacious bedrooms, each equipped with double-door closets, a kitchen, and a generously sized living room creating a sun-drenched and airy atmosphere throughout. Furthermore, this home also includes a large storage room, and a laundry room located in the basement. Built in 2009 with meticulous craftsmanship, this condo offers 824 square feet of living space and includes a tax abatement valid until 2034. Enjoy the benefits of low monthly common charges of just $373and exceptionally affordable annual property taxes of only $189.68 Ideally located, this residence is minutes away from Lutheran Hospital, the BQE, Industry City, Costco, and other local amenities. With close proximity to the N & R trains and a ferry to Manhattan, this sought-after location offers both convenience and charm. Contact the listing agent today to schedule a showing.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $190
Year Built
- Built in 2009
Home Design
- 824 Sq Ft Home
- Entry on the 2nd floor
Kitchen
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Multiple cooling system units
- Heating System Uses Gas
Listing and Financial Details
- Tax Block 837
- Property eligible for a tax abatement
Community Details
Overview
- 8 Units
- Association Phone (718) 492-0000
- 238 Holding Llc Condos
- Property managed by 238 Holding LLC
Amenities
- Laundry Facilities
- Community Storage Space
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2024
Closed on
Jan 31, 2025
Sold by
Huang Cui Wu and Zhang He Sheng
Bought by
Chen Xiaomei
Seller's Agent
Ping Chen
RE/MAX Edge
Buyer's Agent
Madeline Chiu
RE/MAX Edge
List Price
$599,990
Sold Price
$590,000
Premium/Discount to List
-$9,990
-1.67%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,522
Avg. Annual Appreciation
5.90%
Original Mortgage
$354,000
Outstanding Balance
$351,872
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,650
Purchase Details
Closed on
Aug 23, 2010
Sold by
238 56Th Street Llc
Bought by
Huang Cui Wu and Zhang He Sheng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $590,000 | -- | |
| Deed | $250,000 | -- | |
| Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $354,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | Sold | $590,000 | -1.7% | $716 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $599,990 | -- | $728 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $81,305 | $14,286 | $67,019 |
| 2024 | $190 | $67,758 | $14,286 | $53,472 |
| 2023 | $186 | $65,505 | $14,286 | $51,219 |
| 2022 | $185 | $64,380 | $14,286 | $50,094 |
| 2021 | $183 | $51,898 | $14,286 | $37,612 |
| 2020 | $188 | $56,958 | $14,286 | $42,672 |
| 2019 | $190 | $50,829 | $14,286 | $36,543 |
| 2018 | $193 | $43,014 | $14,286 | $28,728 |
| 2017 | $193 | $45,263 | $14,286 | $30,977 |
| 2016 | $196 | $47,624 | $14,285 | $33,339 |
| 2015 | $153 | $42,564 | $14,286 | $28,278 |
| 2014 | $153 | $39,303 | $14,286 | $25,017 |
Source: Public Records
Agents Affiliated with this Home
-
Ping Chen
-
Madeline Chiu
M
Buyer's Agent in 2025
Madeline Chiu
RE/MAX
(718) 808-3035
5 in this area
20 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 486255
APN: 00837-1004
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