NOT LISTED FOR SALE

2554 E 12 St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $963,691 - $1,215,000

4 Beds
2.5 Baths
1,444 Sq Ft
$746/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $995,000 $689 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,384/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Heating System Uses Steam
  • Porch
  • Multiple cooling system units
  • 4-minute walk to Homecrest Playground

About This Home

As of August 2021

Two family solid brick home is situated in the top desirable neighborhood. This home is minutes walking to everything you would need: PS 209 Margaret Mead (PK-8), B36/B68 buses, Belt Parkway, Brighton Beach, Restaurant, Shops and much more to mentioned. The first floor walk-in apartment features 1 bedroom, 1 full bath, kitchen & dinning combo and it is a bonus for rental income. The upper duplex apartment with front porch features 3 bedrooms, 1.5 bathrooms, kitchen with ample countertop space and cabinets, stainless steel appliances, separate dining room and living room area. The gutted renovation was being done 10 years ago on this 20x38' house sitting on a oversize lot of 20x120' for a large backyard and outdoor entertaining. Built in 1955. Annual property tax is $7,682. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 03/30/2021

RE/MAX Edge

Last Buyer's Agent

Chao Wang

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 1955

Lot Details

  • 2,280 Sq Ft Lot
  • Lot Dimensions are 120 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,444 Sq Ft Home
  • 3-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,727

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 38.00
  • 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: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Dishwasher, Microwave, Porch, Refrigerator, Stove
  • Fill Sq Ft Total: 1444
  • Building Stories: 3
  • Street Name I D X: 12
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2280

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 28
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 20
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 7727.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Aug 11, 2021
Sold by
Friedman Harvey
Bought by
Shum Lep Fu
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Chao Wang
Momentum Real Estate LLC
Sold Price
$995,000
Current Estimated Value
$1,077,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,423
Avg. Annual Appreciation
1.90%
Original Mortgage
$450,000
Outstanding Balance
$407,950
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$669,473

Purchase Details

Closed on
Mar 9, 2011
Sold by
Harvey Friedman & Debra Youberg As Exec
Bought by
Friedman Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shum Lep Fu $995,000 --
Friedman Harvey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shum Lep Fu $450,000
Previous Owner Friedman Harvey $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $995,000 -- $689 / Sq Ft
03/30/2021 03/30/21 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 $8,798 $65,880 $12,180 $53,700
2024 $8,798 $61,080 $12,180 $48,900
2023 $8,829 $53,700 $12,180 $41,520
2022 $8,188 $53,940 $12,180 $41,760
2021 $8,143 $41,640 $12,180 $29,460
2020 $3,819 $47,280 $12,180 $35,100
2019 $7,636 $47,280 $12,180 $35,100
2018 $7,385 $36,229 $10,315 $25,914
2017 $6,967 $34,179 $8,021 $26,158
2016 $6,446 $32,245 $10,212 $22,033
2015 $3,989 $30,420 $13,560 $16,860
2014 $3,989 $30,420 $13,560 $16,860
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2021

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    6 in this area

    192 Total Sales

    Jason Zhou
    Section Image

  • C

    Buyer's Agent in 2021

    Chao Wang

    Momentum Real Estate LLC

    (718) 382-0001

    4 in this area

    49 Total Sales

    Chao Wang
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449628

Brooklyn Board of REALTORS®

APN: 07431-0028

New York Kings County Brooklyn 11235 Sheepshead Bay

2554 E 12 St, Brooklyn, NY

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