NOT LISTED FOR SALE

Estimated Value: $1,069,872 - $1,185,000

7 Beds
5 Baths
2,778 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $999,000 $360 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,710/month

Highlights

  • Deck
  • Terrace
  • Cooling Available
  • Wood Flooring
  • 2 Car Attached Garage
  • Garden

About This Home

As of January 2022

Proudly presenting this beautiful extra-large Multi-family brick home, located in the heart of Sheepshead Bay. Building size 21 x 56 on a lot size 21 x 100. This home boasts a private driveway, car garage and an external staircase leading to a huge front terrace. The first floor has two bedrooms and one bath with a private entrance. The second and third floor each have a private entrance, large three bedrooms , 1.5 baths, separate dining areas and hardwood floors throughout. The first and second floor have access to the backyard. Conveniently located near shopping, transportation and places of worship. This 3-story home is an amazing catch to own and earn income. Tenant apts will be reshown only.

Last Agent to Sell the Property

Patricia Sabbatis

New World Realty Group LLC Listed on: 08/06/2021

Last Buyer's Agent

Patricia Sabbatis

New World Realty Group LLC Listed on: 08/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,032

Year Built

  • Built in 1955

Lot Details

  • 2,117 Sq Ft Lot
  • Lot Dimensions are 100 x 21
  • Garden
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,778 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 7427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,032

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 5.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.50
  • Baths Total Level3: 1.50
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue X
  • Cross Street Name2: Avenue Y
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Patio Garden, Terrace
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 2778
  • Building Stories: 3
  • Street Name I D X: Bragg
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2117

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brick - Federal
  • Foundation Details: Poured Concrete
  • Lot Number: 6
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 21
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 8032.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Jan 19, 2022
Sold by
Schaefer Fred K and Schaefer Rosalie
Bought by
Bragg Realty Group Llc
Seller's Agent
Patricia Sabbatis
New World Realty Group LLC
Buyer's Agent
Patricia Sabbatis
New World Realty Group LLC
Sold Price
$999,000
Current Estimated Value
$1,137,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,468
Avg. Annual Appreciation
3.31%
Original Mortgage
$699,300
Outstanding Balance
$648,195
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,273

Purchase Details

Closed on
Aug 16, 2001
Sold by
Schaefer Fred K and Schaefer Rosalie
Bought by
Schaefer Fred K and Schaefer Rosalie

Purchase Details

Closed on
May 16, 1997
Sold by
Cigliano Vito and Cigliano Lucy
Bought by
Schaefer Fred K and Schaefer Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bragg Realty Group Llc $999,000 --
Schaefer Fred K -- --
Schaefer Fred K $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bragg Realty Group Llc $699,300
Previous Owner Schaefer Fred K $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $999,000 -- $360 / Sq Ft
08/06/2021 08/06/21 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 $9,145 $55,680 $10,620 $45,060
2024 $9,145 $56,880 $10,620 $46,260
2023 $9,178 $55,680 $10,620 $45,060
2022 $8,511 $58,500 $10,620 $47,880
2021 $8,464 $52,020 $10,620 $41,400
2019 $7,938 $48,900 $10,620 $38,280
2018 $7,677 $37,659 $8,448 $29,211
2017 $7,242 $35,528 $8,464 $27,064
2016 $6,700 $33,517 $9,507 $24,010
2015 $4,228 $31,620 $11,820 $19,800
2014 $4,228 $31,620 $11,820 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454579

Brooklyn Board of REALTORS®

APN: 07427-0006