NOT LISTED FOR SALE

247 E 93rd St Brooklyn, NY 11212

East Flatbush Neighborhood

Estimated Value: $832,000 - $1,329,000

9 Beds
3 Baths
3,600 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $750,000 $208 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,721/month

132 Days on Market

About This Home

As of July 2017

This Wildly large 3 Family Brick structure features a 2 car enclosed garage. This property is making its 1st "temporary" guest appearance on the market at a discount. The 3 apts are broken down as follows

Top floor: 4 beds/1 bath/ Living room/dining room with separate kitchen
Mid floor: 3 beds/1 bath/ Living room/dining room with separate kitchen
Bot floor: 2 beds/1 bath/ Living room/ & separate kitchen

Updates: Roofing, Electrical, plumbing, gas conversion along with many other upgrades finished in last 2 years. All the heavy lifting has been done.

This home has excellent curb appeal and may easily be mistaken as best on the block, sits on a 25 x 100 Lot is semi-detached with a shared driveway. Air rights available for those who may seek to expand.

Should new owner occupy 1 apt, the income potential starts at $3300. As an investment property, renting all apts will gross a minimum of $5500 minmum income. Truly a turnkey opportunity.

Perfect Investment property, priced to entice anyone with a qualified need.

For more info or to schedule a private walk-thru, Please feel free to reach out anytime

Last Agent to Sell the Property

L. Andy Sarrazin

Keller Williams NYC License #10301213464 Listed on: 02/05/2017

Keller Williams NYC

Property Details

Home Type

  • Multi-Family

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • Window Unit Cooling System

Community Details

  • 3 Units
  • Ramsen Village Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ramsen Village
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 3600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 9

Exterior Features

  • Exterior Features: Garden

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2017
Closed on
Jul 18, 2017
Sold by
Hitchman Hilma and Ricketts Sonia
Bought by
Elrowmeim Faisal
Seller's Agent
L. Andy Sarrazin
Keller Williams NYC
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$978,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,082
Avg. Annual Appreciation
3.20%
Original Mortgage
$600,000
Outstanding Balance
$496,073
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$482,009

Purchase Details

Closed on
Apr 27, 2011
Sold by
Wilkins Joyce
Bought by
Ricketts Adeline

Purchase Details

Closed on
Aug 21, 2008
Sold by
Ricketts Sonia and Wilkins Joyce
Bought by
Wilkins Joyce

Purchase Details

Closed on
May 20, 2005
Sold by
Ricketts Adeline
Bought by
Ricketts Sonia and Wilkins Joyce

Purchase Details

Closed on
May 18, 2005
Sold by
Ricketts Adeline and Ricketts Sonia
Bought by
Ricketts Adeline

Purchase Details

Closed on
May 24, 2003
Sold by
Ricketts Adeline
Bought by
Ricketts Adeline and Ricketts Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1995
Sold by
Ricketts Canute G and Ricketts Adeline
Bought by
Ricketts Canute G and Ricketts Adeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.32%
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
Elrowmeim Faisal $750,000 --
Elrowmeim Faisal $750,000 --
Elrowmeim Faisal $750,000 --
Ricketts Adeline -- --
Ricketts Adeline -- --
Wilkins Joyce -- --
Wilkins Joyce -- --
Ricketts Sonia -- --
Ricketts Sonia -- --
Ricketts Adeline -- --
Ricketts Adeline -- --
Ricketts Adeline -- --
Ricketts Adeline -- --
Ricketts Canute G $500 Commonwealth Land Title Ins
Ricketts Canute G -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrowmeim Faisal $600,000
Closed Elrowmeim Faisal $600,000
Previous Owner Ricketts Adeline $105,000
Previous Owner Ricketts Canute G $75,000
Closed Ricketts Adeline $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2017 07/18/17 Sold $750,000 0.0% $208 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $750,000 -- $208 / 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 $7,162 $57,180 $24,780 $32,400
2024 $7,162 $53,460 $24,780 $28,680
2023 $6,832 $58,920 $24,780 $34,140
2022 $6,444 $58,620 $24,780 $33,840
2021 $6,409 $45,240 $24,780 $20,460
2020 $3,186 $47,040 $24,780 $22,260
2019 $6,216 $47,040 $24,780 $22,260
2018 $5,715 $28,033 $21,012 $7,021
2017 $5,484 $26,900 $19,698 $7,202
2016 $5,074 $25,380 $17,441 $7,939
2015 $2,841 $25,380 $17,220 $8,160
2014 $2,841 $24,762 $16,102 $8,660
Source: Public Records

Agents Affiliated with this Home

  • L. Andy Sarrazin

    Seller's Agent in 2017

    L. Andy Sarrazin

    Keller Williams NYC

    (917) 530-6131

    1 Total Sale

    L. Andy Sarrazin
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10095695

Real Estate Board of New York (REBNY)

APN: 04629-0052

New York Kings County Brooklyn 11212 East Flatbush

247 E 93rd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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