Seller's Agent in 2023
Ping Chen
RE/MAX
(917) 536-3632
6 in this area
128 Total Sales
254 88th St Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated Value: $1,273,000 - $1,606,526
--
Bed
2
Baths
2,320
Sq Ft
$629/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Multiple cooling system units
- Community Storage Space
- P.S. 185 Walter Kassenbrock Rated A
- Heating System Uses Steam
- Back and Front Yard
About This Home
As of November 2023Presenting this beautiful Two(2)-Family Brick house Situated on a beautiful tree lined block in most sought-after Neighborhood, Bay Ridge! Building size 20x66 on a 20x100 lot. Both floors have High ceilings, super bright and airy. Top Floor features living room, formal dine in room, large kitchen, 2 bedrooms, and full bath. Where you can be easily converted into 3 bedrooms. First Floor consists the same layout as second floor with 1 huge bedrooms (Can be easily converted into 2). There’s yard access from the kitchen, rear deck, and Huge backyard. Full basement has front and rear entrances. Situated conveniently in the neighborhood and close to shopping, amenities, and ALL your daily needs: high rating zoned schools, public transportation B37/B16/S53/S93 and R Train, restaurants, entertainment, parks, highways and much more to mention. A MUST SEE!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,120
Year Built
- Built in 1905
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2 Full Bathrooms
- 2,320 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Tile
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
- Community Storage Space
Listing and Financial Details
- Tax Block 6061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Nov 27, 2023
Sold by
Mcgowan Carolyn M
Bought by
Chen Randy Chuan
Seller's Agent
Ping Chen
RE/MAX Edge
Buyer's Agent
Dan Dong
RE/MAX Edge
List Price
$1,180,000
Sold Price
$1,220,000
Premium/Discount to List
$40,000
3.39%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,382
Avg. Annual Appreciation
8.95%
Original Mortgage
$904,000
Outstanding Balance
$889,810
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$569,572
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Randy Chuan | $1,220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Randy Chuan | $904,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2023 11/27/23 | Sold | $1,220,000 | +3.4% | $526 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 08/15/2023 08/15/23 | For Sale | $1,180,000 | -- | $509 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $10,708 | $80,100 | $17,040 | $63,060 |
| 2024 | $10,708 | $78,960 | $17,040 | $61,920 |
| 2023 | $8,120 | $87,720 | $17,040 | $70,680 |
| 2022 | $5,932 | $82,680 | $17,040 | $65,640 |
| 2021 | $7,783 | $69,540 | $17,040 | $52,500 |
| 2020 | $5,874 | $80,040 | $17,040 | $63,000 |
| 2019 | $7,631 | $80,040 | $17,040 | $63,000 |
| 2018 | $6,908 | $41,920 | $9,913 | $32,007 |
| 2017 | $6,873 | $39,770 | $9,467 | $30,303 |
| 2016 | $6,316 | $37,621 | $10,902 | $26,719 |
| 2015 | $3,744 | $37,621 | $12,527 | $25,094 |
| 2014 | $3,744 | $37,024 | $12,276 | $24,748 |
Source: Public Records
Agents Affiliated with this Home
-
Ping Chen
-
Dan Dong
Buyer's Agent in 2023
Dan Dong
RE/MAX
(929) 291-9897
7 in this area
280 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 476199
APN: 06061-0032
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