NOT LISTED FOR SALE

25 Marcus Garvey Blvd Brooklyn, NY 11206

Bed-Stuy Neighborhood

Estimated Value: $875,296

Studio
-- Bath
3,750 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2024

Last sale price $1,575,000 $420 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $5,036 / mo

Highlights

  • Baseboard Heating
  • 1-minute walk to Flushing Avenue (J,M Line)
  • 3-minute walk to Sumner Playground
  • Back Yard

About This Home

As of September 2024

Please note: The information herein should not be regarded as a substitute for legal or architect advice. Readers are strongly advised to consult an attorney or architect for advice regarding any matter.

Last Agent to Sell the Property

Anny Yau

Listed on: 10/14/2023

Last Buyer's Agent

Anny Yau

Listed on: 10/14/2023

Property Details

Property Type

  • Other

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard
  • Property is zoned C4-4L

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 3,750 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 1579

Property Details

Property Type

Other

Year Built

Built in 1930

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 25.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 20+ ft
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ellery St
  • Cross Street Name2: Park Ave
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3750
  • Building Stories: 3
  • Street Name I D X: Marcus Garvey
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Stone
  • Lot Number: 4
  • Roof: Other

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

  • Lot Dimensions: 2500
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: C4-4L

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2026
Sold by
Secured Estates Llc
Bought by
Marcus Estates Ii Llc
Current Estimated Value
$875,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Outstanding Balance
$10,989,237
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 14, 2023
Closed on
Sep 24, 2024
Sold by
Ye Bi and Ye Bixiang
Bought by
Secured Estates Llc
Seller's Agent
Anny Yau
Buyer's Agent
Anny Yau
List Price
$1,900,000
Sold Price
$1,575,000
Premium/Discount to List
-$325,000
-17.11%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2003
Sold by
Yung Fung Ying
Bought by
Ye Bixiang and Zhang Bi Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Chang Kao
Bought by
Yung Fung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.1%
Mortgage Type
Commercial
Source: Public Records
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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
Marcus Estates Ii Llc -- --
Secured Estates Llc $1,575,000 --
Secured Estates Llc $1,575,000 --
Ye Bixiang $340,000 --
Ye Bixiang $340,000 --
Ye Bixiang $340,000 --
Yung Fung $260,000 Commonwealth Land Title Ins
Yung Fung Ying $260,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcus Estates Ii Llc $11,000,000
Previous Owner Secured Estates Llc $1,800,000
Previous Owner Ye Bixiang $250,000
Previous Owner Yung Fung Ying $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,575,000 -4.5% $420 / Sq Ft
08/06/2024 08/06/24 Price Changed $1,650,000 -2.9% $440 / Sq Ft
08/06/2024 08/06/24 Price Changed $1,700,000 -10.5% $453 / Sq Ft
10/14/2023 10/14/23 For Sale $1,900,000 -- $507 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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
2026 $4,372 $342,900 $15,750 $327,150
2025 $4,237 $302,850 $15,750 $287,100
2024 $4,237 $252,450 $15,750 $236,700
2023 $3,849 $234,450 $15,750 $218,700
2022 $3,555 $195,300 $15,750 $179,550
2021 $3,301 $156,195 $15,750 $140,445
2020 $1,623 $151,650 $15,750 $135,900
2019 $3,288 $126,450 $15,750 $110,700
2018 $3,070 $24,138 $3,610 $20,528
2017 $2,843 $22,350 $3,853 $18,497
2016 $2,668 $20,697 $3,937 $16,760
2015 $1,732 $20,697 $4,614 $16,083
2014 $1,732 $20,053 $5,358 $14,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 477562

Brooklyn Board of REALTORS®

APN: 01579-0004

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