NOT LISTED FOR SALE

Estimated Value: $1,019,000 - $1,424,000

5 Beds
3 Baths
2,555 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $650,000 $254 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,814/month

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Private Driveway
  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard

About This Home

As of May 2023

This property qualifies for the Eagle Community Loan Program. Don't miss out on this multi-family home in the prime Cypress Hills area of Brooklyn.This massive colonial two family house is a great opportunity to make this home your own. The home sits on a 25x95 lot and 20x45 with 2555 square feet with a semi-finished basement and garage. Priced to sell. Close to J/Z train, and easy to go everywhere.

Last Agent to Sell the Property

Jerry Tenenbaum

Top Nest Inc Listed on: 02/17/2023

Co-Listed By

Yan Byshevsky

Top Nest Inc

Last Buyer's Agent

Jerry Tenenbaum

Top Nest Inc Listed on: 02/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,718

Year Built

  • Built in 1910

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 95 x 25
  • Back Yard

Home Design

  • 2,555 Sq Ft Home
  • Colonial Architecture
  • Poured Concrete
  • Pitched Roof
  • Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Gas Water Heater

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 3921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,718

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117980
  • Co List Office Phone: (646) 828-6378
  • Confirmed By M L S Y N: Yes
  • Cross Street: Jamaica Ave
  • Cross Street Name2: Arlington Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2555
  • Street Name I D X: Jerome
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2375

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 30
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Oil
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 95
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 5718.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Central Berkeley Llc
Bought by
Adigun Adeniji and Durupt Adigun Pauline
Current Estimated Value
$1,211,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,350
Outstanding Balance
$965,602
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,283

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 1, 2023
Sold by
Estate Of Jose Alvarado and Jose Alvarado As Administrator
Bought by
Central Berkeley Llc
Seller's Agent
Jerry Tenenbaum
Top Nest Inc
Buyer's Agent
Jerry Tenenbaum
Top Nest Inc
List Price
$829,999
Sold Price
$650,000
Premium/Discount to List
-$179,999
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.06%
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 Buyer Sale Price Title Company
Adigun Adeniji $1,219,000 --
Adigun Adeniji $1,219,000 --
Central Berkeley Llc $650,000 --
Central Berkeley Llc $650,000 --
Central Berkeley Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adigun Adeniji $981,350
Closed Adigun Adeniji $981,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $650,000 -21.7% $254 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $829,999 -- $325 / Sq Ft
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 $5,797 $59,940 $18,360 $41,580
2024 $5,797 $47,340 $18,360 $28,980
2023 $5,862 $52,380 $18,360 $34,020
2022 $5,718 $55,020 $18,360 $36,660
2021 $5,687 $50,940 $18,360 $32,580
2020 $4,259 $54,960 $18,360 $36,600
2019 $5,031 $47,820 $18,360 $29,460
2018 $4,903 $24,052 $9,165 $14,887
2017 $4,866 $23,869 $11,649 $12,220
2016 $4,502 $22,519 $12,089 $10,430
2015 $2,716 $21,246 $14,534 $6,712
2014 $2,716 $20,044 $16,461 $3,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471968

Brooklyn Board of REALTORS®

APN: 03921-0030