NOT LISTED FOR SALE

240 88th St Brooklyn, NY 11209

Fort Hamilton Neighborhood

Estimated Value: $1,177,000 - $1,404,000

5 Beds
2 Baths
2,240 Sq Ft
$579/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2019

Last sale price $1,100,000 $491 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,178 / mo

About This Home

As of April 2019

Located on a tree lined street in Bay Ridge section of Brooklyn, New York; You will find a well maintained 2 family home.
This home has been held by the same family since 1963. The rooms are spacious with high ceilings. The heat is hot water steam and electric is circuit breakers. The kitchens and bathrooms offer the new owner the opportunity to redesign the space. The home has 2 open porches and the backyard is filled with sunlight facing south. The home is priced to sell.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,880

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Flooring

  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Stove
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Insurance Expense $2,400

Listing and Financial Details

  • Tax Block 6061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,880

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 66.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Street Name I D X: 88
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Laminate, Parquet
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 25
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Electric

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R3-2

Multi Family

  • Insurance Expense: 2400.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 7880.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Mar 28, 2019
Sold by
Bought by
Sold Price
$1,100,000
Current Estimated Value
$1,346,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,166
Avg. Annual Appreciation
2.31%
Original Mortgage
$580,000
Interest Rate
0.043%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $580,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $1,100,000 -- $491 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,881 $69,780 $14,280 $55,500
2025 $10,708 $73,500 $14,280 $59,220
2024 $10,708 $74,040 $14,280 $59,760
2023 $10,216 $81,660 $14,280 $67,380
2022 $9,527 $77,520 $14,280 $63,240
2021 $9,501 $66,180 $14,280 $51,900
2019 $9,294 $77,160 $14,280 $62,880
2018 $7,886 $41,920 $8,549 $33,371
2017 $7,461 $39,770 $8,069 $31,701
2016 $6,900 $37,621 $9,221 $28,400
2015 $4,086 $37,621 $11,109 $26,512
2014 $4,086 $37,024 $12,404 $24,620
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424938

Brooklyn Board of REALTORS®

APN: 06061-0025

New York Kings County Brooklyn 11209 Fort Hamilton

240 88th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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