NOT LISTED FOR SALE

Estimated Value: $902,983 - $1,364,000

5 Beds
3.5 Baths
2,748 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $1,185,000 $431 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,485/month

18 Days on Market

Highlights

  • Deck
  • No HOA
  • Attached Garage
  • Granite Countertops
  • Porch
  • Built-In Features

About This Home

As of May 2024

Step into a world of comfort and investment potential with this legal 2-family residence nestled in the vibrant heart of Sheepshead Bay. Spanning three floors, this property seamlessly blends modern living with the promise of rental income.

Discover the main floor's inviting living room, a spacious dining room perfect for entertaining, a large well-equipped renovated kitchen, and a convenient powder room with laundry. The second floor unfolds with three cozy bedrooms and a windowed bathroom, featuring custom closets in the primary bedroom. The home comes equipped with modern AC split systems on both floors.

Take pleasure in the outdoors on the charming porch at the entrance or retreat to the newly built deck at the rear of the house for moments of relaxation or entertaining.

The ground floor unit, accessible via a separate entrance, has undergone a full renovation. Revel in the modern touches, including brand-new stainless-steel appliances and a freshly tiled bathroom. This unit presents two generously sized bedrooms and an additional bathroom.

A versatile full-sized basement opens up opportunities for various uses, from additional living space to a home office, storage, or recreational area.

Enjoy the convenience of private covered parking for two cars, providing both security and easy access.

Whether you're an investor seeking rental income or an end user in search of a spacious and well-maintained residence, this multifamily townhome caters to both needs. The prime location in Sheepshead Bay ensures proximity to local amenities, schools, parks, and public transportation.

Don't let this opportunity pass by—schedule a viewing today to experience firsthand the charm and potential that this property holds.

Last Agent to Sell the Property

Boris Kerzhner

Compass License #10401269303 Listed on: 02/01/2024

Compass

Co-Listed By

Athena Salavantis

Compass License #10301218981

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,092

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 20.000000x100.000000

Parking

  • Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,748 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Parquet Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Sheepshead Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 07427

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,092

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 1
  • Structure Type: House, Multi Family, Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Built-in Features, Granite Counters, His and Hers Closets, Soaking Tub
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Parquet
  • Living Area: 2748.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Attached, Private

Utilities

  • Laundry Features: Common On Floor, In Unit, See Remarks
  • Cooling: Other, Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Wall Furnace
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1955

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 07427
  • Tax Lot: 29
  • Tax Annual: 7092.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 2, 2024
Sold by
Kan Yelena and Khaylo Leonid
Bought by
Saleh Mohamed Hussein
Seller's Agent
Boris Kerzhner
Compass
List Price
$1,195,000
Sold Price
$1,185,000
Premium/Discount to List
-$10,000
-0.84%
Views
29
Current Estimated Value
$1,133,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,004
Avg. Annual Appreciation
-2.51%
Original Mortgage
$948,000
Outstanding Balance
$932,787
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,209

Purchase Details

Closed on
Dec 17, 2001
Sold by
Prodialiauk Serguei
Bought by
Kan Yelena and Khaylo Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 6, 1996
Sold by
Escowitz Alan
Bought by
Podialiouk Serguei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.83%
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
Saleh Mohamed Hussein $1,185,000 --
Saleh Mohamed Hussein $1,185,000 --
Kan Yelena -- --
Kan Yelena -- --
Podialiouk Serguei $198,000 First American Title Ins Co
Podialiouk Serguei $198,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Mohamed Hussein $948,000
Closed Saleh Mohamed Hussein $948,000
Previous Owner Kan Yelena $288,000
Previous Owner Kan Yelena $35,950
Previous Owner Podialiouk Serguei $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $1,185,000 -0.8% $431 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,195,000 -- $435 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,146 $52,860 $9,720 $43,140
2024 $7,146 $48,960 $9,720 $39,240
2023 $7,169 $52,380 $9,720 $42,660
2022 $6,625 $53,460 $9,720 $43,740
2021 $6,578 $52,920 $9,720 $43,200
2019 $6,154 $52,080 $9,720 $42,360
2018 $5,937 $30,584 $6,485 $24,099
2017 $5,582 $28,853 $7,527 $21,326
2016 $5,132 $27,220 $7,629 $19,591
2015 $3,612 $25,680 $10,800 $14,880
2014 $3,612 $25,680 $10,800 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10958948

Real Estate Board of New York (REBNY)

APN: 07427-0029