NOT LISTED FOR SALE

241 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $875,000 - $1,229,000

5 Beds
2 Baths
1,397 Sq Ft
$759/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $999,000 $715 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,030/month

36 Days on Market

Highlights

  • 0.06 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A
  • Baseboard Heating

About This Home

As of July 2022

241 55th street is a rare find in the trendy and upcoming neighborhood of Sunset Park. This bright and large two family home set up as a private one feels like suburban living. Featuring 3 bedrooms, private deck from main bedroom, full bath , over Kitchen, dinning area, living area, additional bedroom, Full bath, access to a private over sized yard with a patio, over a full basement, High ceilings, hardwood floors, and lots of charm!!! This unique home can be modified in multiple ways, and can be easily converted back to a two family for a rental income. Close to all major highways, transportation, trendy bars, cafes, shopping, and all.

Last Agent to Sell the Property

Elana Magreli

Real Broker NY LLC License #10301220393 Listed on: 03/13/2022

Real Broker NY LLC

Last Buyer's Agent

HakBin Ahn

Douglas Elliman Real Estate License #10301206596

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1899

Lot Details

  • 2,446 Sq Ft Lot
  • Lot Dimensions are 24.42x100
  • No Common Walls

Home Design

  • Advanced Framing

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Is 187 Christa Mcauliffe School (The Middle School
  • High School Of Telecommunications

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,859

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Kitchens: 1

Exterior Features

  • Construction Materials: Advanced Framing Technique
  • Flood Zone Date: 2022-03-15
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 187 Christa Mcauliffe School (The
  • High School: High School Of Telecommunications
  • Middle School: Is 187 Christa Mcauliffe School (The

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 24.42x100
  • Lot Size Sq Ft: 2446.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-11
  • Tax Annual Amount: 2859.00

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • High School: High School Of Telecommunications
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2022
Closed on
Jul 11, 2022
Sold by
Diaz Elizabeth A and Diaz Victor H
Bought by
Liang Rayman
Seller's Agent
Elana Magreli
Real Broker NY LLC
Buyer's Agent
HakBin Ahn
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,060,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,612
Avg. Annual Appreciation
1.91%
Original Mortgage
$820,000
Outstanding Balance
$786,799
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,813

Purchase Details

Closed on
Mar 10, 2009
Sold by
Casscarino Rocco
Bought by
Diaz Elizabeth A and Diaz Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,358
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2000
Sold by
Polito Thomas
Bought by
Cassarino Rocco
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
Liang Rayman $1,025,000 --
Diaz Elizabeth A $518,000 --
Cassarino Rocco $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Rayman $820,000
Previous Owner Diaz Elizabeth A $474,358
Previous Owner Cassarino Rocco A $50,000
Previous Owner Cassarino Rocco $160,000
Previous Owner Cassarino Rocco $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $999,000 0.0% $715 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $999,000 -- $715 / Sq Ft
Source: OneKey® MLS

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 $3,547 $57,000 $13,320 $43,680
2024 $3,547 $63,900 $13,320 $50,580
2023 $3,390 $64,440 $13,320 $51,120
2022 $2,860 $63,720 $13,320 $50,400
2021 $2,841 $53,460 $13,320 $40,140
2020 $1,411 $50,820 $13,320 $37,500
2019 $2,786 $50,580 $13,320 $37,260
2018 $2,538 $13,912 $4,069 $9,843
2017 $2,378 $13,136 $3,724 $9,412
2016 $2,173 $12,420 $4,754 $7,666
2015 $1,275 $12,415 $4,333 $8,082
2014 $1,275 $12,265 $3,820 $8,445
Source: Public Records

Agents Affiliated with this Home

  • Elana Magreli

    Seller's Agent in 2022

    Elana Magreli

    Real Broker NY LLC

    (888) 276-0630

    1 in this area

    29 Total Sales

    Elana Magreli
    Section Image
  • HakBin Ahn

    Buyer's Agent in 2022

    HakBin Ahn

    Douglas Elliman Real Estate

    (917) 533-6710

    1 in this area

    30 Total Sales

    HakBin Ahn
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3382774

OneKey® MLS

APN: 00821-0061

New York Kings County Brooklyn 11220 Sunset Park

241 55th St, Brooklyn, NY

This home is located at 241 55th St, Brooklyn, NY 11220 since 13 March 2022 and is currently estimated at $1,060,612, approximately $759 per square foot. This property was built in 1899. 241 55th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

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