NOT LISTED FOR SALE

2503 E 22nd St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $1,405,000 - $1,797,000

-- Bed
3.5 Baths
3,720 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,440,000 $387 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,948/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Bill Brown Memorial Playground
  • P.S. 254 Dag Hammarskjold Rated A-
  • Back and Front Yard

About This Home

As of September 2018

HUGE SEMI-DETACHED 3 FAMILY BRICK IN THE HEART OF SHEEPSHEAD BAY AREA. 21X65 ON A 25.5X100 LOT, 2 STORIES PLUS FINISHED BASEMENT. NEEDS TLC. NEAR ALL SHOPPING, SCHOOL, AND PUBLIC TRANSPORTATION. MOTIVATED SELLER AND VERY COOPERATIVE LISTING AGENT.

Last Agent to Sell the Property

Leo Lee

Momentum Real Estate LLC Listed on: 05/04/2018

Co-Listed By

Jun Le Wu

Momentum Real Estate LLC

Last Buyer's Agent

Jan Ha

eXp Realty BKNY

eXp Realty BKNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1920

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 100 x 26
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Stove
  • Finished Basement

Flooring

  • Wood
  • Carpet

Parking

  • 1 Parking Space
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7441

Community Details

Overview

  • 3 Units

Building Details

  • 3 Vacant Units
  • Fuel Expense $2,000
  • Insurance Expense $1,500
  • Utility Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,513

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 21.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue Y
  • Cross Street Name2: Jerome Av
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3720
  • Building Stories: 2
  • Street Name I D X: 22
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2550

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 472
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R4

Multi Family

  • Insurance Expense: 1500.00
  • Unit Count: 3
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 3513.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 21, 2018
Sold by
Estate Of Frances Savino
Bought by
Tan Guo Yong
Seller's Agent
Leo Lee
Momentum Real Estate LLC
Buyer's Agent
Jan Ha
eXp Realty BKNY
Sold Price
$1,440,000
Current Estimated Value
$1,537,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,685
Avg. Annual Appreciation
0.93%
Original Mortgage
$948,500
Outstanding Balance
$825,444
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$712,241
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
Tan Guo Yong $1,440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Guo Yong $948,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $1,440,000 -- $387 / Sq Ft
05/04/2018 05/04/18 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 $10,795 $79,200 $13,140 $66,060
2024 $10,795 $91,140 $13,140 $78,000
2023 $10,430 $111,840 $13,140 $98,700
2022 $9,775 $103,800 $13,140 $90,660
2021 $10,305 $80,160 $13,140 $67,020
2020 $7,729 $81,120 $13,140 $67,980
2019 $9,369 $76,320 $13,140 $63,180
2018 $3,703 $42,798 $8,474 $34,324
2017 $3,513 $40,807 $8,866 $31,941
2016 $3,547 $40,807 $11,963 $28,844
2015 $4,204 $39,563 $12,405 $27,158
2014 $4,204 $37,324 $11,703 $25,621
Source: Public Records

Agents Affiliated with this Home

  • Leo Lee

    Seller's Agent in 2018

    Leo Lee

    Momentum Real Estate LLC

    (917) 539-9396

    1 in this area

    92 Total Sales

    Leo Lee
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jun Le Wu

    Momentum Real Estate LLC

    (718) 382-0001

    1 in this area

    20 Total Sales

    Jun Le Wu
    Section Image

  • J

    Buyer's Agent in 2018

    Jan Ha

    eXp Realty BKNY

    (646) 209-4297

    1 in this area

    29 Total Sales

    Jan Ha
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419950

Brooklyn Board of REALTORS®

APN: 07441-0472

New York Kings County Brooklyn 11235 Sheepshead Bay

2503 E 22nd St, Brooklyn, NY

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