NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,033,335

5 Beds
4 Baths
2,220 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $818,000 $368 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,300/month

14 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Van Siclen Avenue (A,C Line)
  • Building Terrace
  • Terrace

About This Home

As of June 2023

Welcome to 254 Schenck Ave in East New York! This renovated 2-family home consists of a 3-bed/3-bath owner's duplex, and 2-bed/1-bath garden level apartment. Situated on a 25X100 ft lot, the home is conveniently located on a quiet tree-lined street only a block and half from Atlantic Avenue, less than a 5 minute walk to the A,C trains at Van Siclen Ave, and only a 7 minute walk to the J train. From this location, the J train is only a 30 minute ride to the Lower East Side.

The entry level floor of the owner's duplex consists of a spacious living room, proper dining area, full bathroom, and an open kitchen great for entertaining. The kitchen features granite countertops with bar stool seating, tile backsplash, generous cabinet space, and Frigidaire stainless steel appliances including a gas range with hood. The kitchen leads out into the expansive backyard with a sizable garden area, ideal for those with a green thumb, and a recently installed 8X10 ft garden shed. With both eastern and western exposure, the home benefits from plenty of natural light. Upstairs there are two well proportioned bedrooms, each with a closet, and a smaller third bedroom that is currently being utilized as a home office. The upstairs has 2 full bathrooms, one guest bathroom, and one en-suite bath off of the primary bedroom. Additional home features include recessed lighting on the main level, and hardwood floors throughout.

The garden level apartment consists of two ample sized bedrooms, cozy living area, and kitchen with Frigidaire stainless steel appliances. The unit is currently vacant and ready to generate income!

Recent updates to the home include: a new roof installed in 2018, which is still under warranty. New range hoods were installed in both kitchens. Premium siding was installed in 2018 and is still under warranty. New double paned Okna windows, window bars, as well as alley gate, all installed between 2018-2019. The interior of the home has just been painted top-to-bottom, as well as the entryway steps and front fence. If looking to expand on the house, there is 1150 sq ft of unused FAR.

The home is within close proximity to Highland Park, which offers soccer & baseball fields, tennis & basketball courts, and a playground. A bike trail takes you through old growth trees and circles the old Ridgewood Reservoir. Come check out this lovely home in the heart of East New York.

Last Agent to Sell the Property

Ben Brown

The Agency Brokerage License #40BR1146582 Listed on: 04/03/2023

The Agency Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,483

Home Design

  • Pre War Building

Interior Spaces

  • 2,220 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 25.0 x 100.0

Community Details

  • Cypress Hills Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 25 / 3979

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Liberty Avenue/Glenmore Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cypress Hills
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2220.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 3979
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 8, 2023
Sold by
Mora Alvarez Cecilia Juana and Mora Alvarez Miguel
Bought by
Mora Alvarez Cecilia Juana and Mora Alvarez Luis
Seller's Agent
Ben Brown
The Agency Brokerage
List Price
$820,000
Sold Price
$818,000
Premium/Discount to List
-$2,000
-0.24%
Views
131
Current Estimated Value
$939,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,084
Avg. Annual Appreciation
5.50%
Original Mortgage
$803,183
Outstanding Balance
$781,706
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,378

Purchase Details

Closed on
Sep 28, 2017
Sold by
Eden'S Homes Llc
Bought by
Cohen Ronald and Cohen James Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2016
Sold by
Guido William
Bought by
Eden'S Homes Llc

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
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2006
Sold by
Remy Emilia and Remy Jean Eddy
Bought by
Chiarello Robert

Purchase Details

Closed on
Nov 15, 2001
Sold by
Charles Edner and Charles Myrtha S
Bought by
Remy Jean Eddy and Remy Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,450
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1999
Sold by
First Home Properties Corp
Bought by
Charles Edner and Charles Myrtha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,350
Interest Rate
7.78%
Mortgage Type
FHA
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
Mora Alvarez Cecilia Juana -- --
Mora Alvarez Cecilia Juana $818,000 --
Cohen Ronald $650,000 --
Eden'S Homes Llc $250,000 --
Chiarello Robert $430,000 --
Remy Jean Eddy -- --
Charles Edner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Alvarez Cecilia Juana $803,183
Previous Owner Cohen Ronald $487,500
Previous Owner Eden'S Homes Llc $250,000
Previous Owner Remy Jean Eddy $230,450
Previous Owner Charles Edner $194,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $818,000 -0.2% $368 / Sq Ft
05/31/2023 05/31/23 Off Market $820,000 -- --
04/18/2023 04/18/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $820,000 -- $369 / 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 $4,666 $65,940 $15,000 $50,940
2024 $4,666 $52,080 $15,000 $37,080
2023 $4,451 $58,680 $15,000 $43,680
2022 $4,127 $55,260 $15,000 $40,260
2021 $4,246 $51,660 $15,000 $36,660
2020 $2,108 $43,200 $15,000 $28,200
2019 $4,197 $40,620 $15,000 $25,620
2018 $3,998 $19,614 $7,544 $12,070
2017 $1,509 $7,401 $3,683 $3,718
2016 $1,396 $6,984 $3,250 $3,734
2015 $842 $6,966 $2,999 $3,967
2014 $842 $6,890 $3,233 $3,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10859339

Real Estate Board of New York (REBNY)

APN: 03979-0025