NOT LISTED FOR SALE

2547 E 24th St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $1,007,073 - $1,338,000

-- Bed
2 Baths
2,000 Sq Ft
$605/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,170,000 $585 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,080/month

Highlights

  • Attached Garage
  • Multiple cooling system units
  • 4-minute walk to Bill Brown Memorial Playground

About This Home

As of August 2023

The cozy two family house located in Sheepshead Bay. It's 2-family residence Building area is 20X50, building sqft.2000 +share driveway. Nearby transportation, only needs taking few mins to B&Q train station and bus station.

Last Agent to Sell the Property

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 03/16/2023

RE/MAX Real Estate Professionals

Last Buyer's Agent

Hui Xin Chen

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,103

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Shared Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Oil
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,103

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue Y
  • Cross Street Name2: Avenue Z
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Attached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Microwave, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: 24th
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Other
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 82
  • Roof: Other

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, 220 V, Other
  • Heating Fuel: Oil
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6103.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Aug 28, 2023
Sold by
Carol Pandrella and Mario Frangella As Trustee
Bought by
Cheng Shuk Ping
Seller's Agent
Hang Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Hui Xin Chen
RE/MAX Edge
List Price
$1,300,000
Sold Price
$1,170,000
Premium/Discount to List
-$130,000
-10%
Views
10
Current Estimated Value
$1,209,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,518
Avg. Annual Appreciation
1.43%
Original Mortgage
$700,000
Outstanding Balance
$683,363
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$526,155

Purchase Details

Closed on
Dec 14, 2022
Sold by
Pandrella Carol
Bought by
Mario Frangella Trustee and The Pandrella Irrevocable Trust

Purchase Details

Closed on
Feb 13, 2003
Sold by
Pandrella Carmela
Bought by
Pandrella Anthony and Pandrella Carol
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
Cheng Shuk Ping $1,170,000 --
Cheng Shuk Ping $1,170,000 --
Cheng Shuk Ping $1,170,000 --
Mario Frangella Trustee -- --
Pandrella Anthony -- --
Mario Frangella Trustee -- --
Pandrella Anthony -- --
Mario Frangella Trustee -- --
Pandrella Anthony -- --
Pandrella Anthony -- --
Pandrella Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Shuk Ping $700,000
Closed Cheng Shuk Ping $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $1,170,000 -6.4% $585 / Sq Ft
06/11/2023 06/11/23 Price Changed $1,250,000 -3.8% $625 / Sq Ft
03/16/2023 03/16/23 For Sale $1,300,000 -- $650 / Sq Ft
03/16/2023 03/16/23 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 $8,916 $59,100 $12,300 $46,800
2024 $8,916 $59,340 $12,300 $47,040
2023 $8,286 $52,620 $12,300 $40,320
2022 $6,103 $57,540 $12,300 $45,240
2021 $8,451 $49,140 $12,300 $36,840
2020 $3,954 $48,000 $12,300 $35,700
2019 $7,445 $48,000 $12,300 $35,700
2018 $6,871 $35,167 $7,802 $27,365
2017 $6,869 $35,167 $8,654 $26,513
2016 $6,614 $34,634 $9,245 $25,389
2015 $3,782 $32,675 $13,093 $19,582
2014 $3,782 $30,826 $12,352 $18,474
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hang Chen

    RE/MAX

    (646) 239-5999

    5 in this area

    206 Total Sales

    Hang Chen
    Section Image

  • H

    Buyer's Agent in 2023

    Hui Xin Chen

    RE/MAX

    (917) 669-5808

    1 in this area

    61 Total Sales

    Hui Xin Chen
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472566

Brooklyn Board of REALTORS®

APN: 07441-0082

New York Kings County Brooklyn 11235 Sheepshead Bay

2547 E 24th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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