NOT LISTED FOR SALE

257 E 28th St Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $752,000 - $960,000

6 Beds
2 Baths
2,128 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $742,500 $349 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,872/month

175 Days on Market

About This Home

As of December 2024

2 family= both units will be delivered VACANT at closing. Needs renovation. See pictures. **Pass-by only** Great potential!

Last Agent to Sell the Property

Gregory Parks

Douglas Elliman Real Estate Brokerage Phone: 631-499-9191 License #10301223131 Listed on: 05/17/2024

Douglas Elliman Real Estate

Last Buyer's Agent

Gregory Parks

Douglas Elliman Real Estate Brokerage Phone: 631-499-9191 License #10301223131 Listed on: 05/17/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,549

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2,128 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Norma Adams Clemons Academy Elementary School
  • Middle School 246 Walt Whitman

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Legal Lot and Block 44 / 5172
  • Assessor Parcel Number 05172-0044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,549

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1901
  • Attribution Contact: 631-499-9191
  • CurrentPrice: 742500.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 348.91917
  • ListPrice_By_LivingArea: 375.46992
  • ListPrice_By_OriginalListPrice: 0.91839
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2128
  • Basement YN: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Block, Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Ms 246 Walt Whitman

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 05172-0044
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 6549
  • Tax Block: 5172
  • Tax Lot: 44

MLS Schools

  • Elementary School: Norma Adams Clemons Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Dec 12, 2024
Sold by
Blue Castle Ltd
Bought by
Homeland 52 Llc
Seller's Agent
Gregory Parks
Douglas Elliman Real Estate
Buyer's Agent
Gregory Parks
Douglas Elliman Real Estate
List Price
$870,000
Sold Price
$742,500
Premium/Discount to List
-$127,500
-14.66%
Views
3
Current Estimated Value
$820,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,168
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Jun 13, 2024
Sold by
Helmut Borchert Esq
Bought by
Blue Castle Ltd

Purchase Details

Closed on
Sep 4, 2019
Sold by
James Rose
Bought by
257 E 28Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Homeland 52 Llc $742,500 --
Homeland 52 Llc $742,500 --
Blue Castle Ltd $1,000 --
Blue Castle Ltd $1,000 --
257 E 28Th St Llc -- --
257 E 28Th St Llc -- --
257 E 28Th St Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 257 E 28Th St Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $742,500 -14.7% $349 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $870,000 -- $409 / Sq Ft
Source: OneKey® MLS

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 $6,865 $53,820 $20,040 $33,780
2024 $6,865 $63,300 $20,040 $43,260
2023 $6,549 $58,440 $20,040 $38,400
2022 $6,437 $58,080 $20,040 $38,040
2021 $6,733 $44,820 $20,040 $24,780
2020 $5,050 $54,360 $20,040 $34,320
2019 $5,665 $46,200 $20,040 $26,160
2018 $5,180 $26,872 $14,453 $12,419
2017 $5,178 $26,872 $11,656 $15,216
2016 $5,020 $26,662 $15,623 $11,039
2015 $2,838 $25,154 $12,775 $12,379
2014 $2,838 $23,736 $14,475 $9,261
Source: Public Records

Agents Affiliated with this Home

  • Gregory Parks

    Seller's Agent in 2024

    Gregory Parks

    Douglas Elliman Real Estate

    (516) 375-2757

    1 in this area

    68 Total Sales

    Gregory Parks
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Map

Source: OneKey® MLS

MLS Number: L3552496

OneKey® MLS

APN: 05172-0044

New York Kings County Brooklyn 11226 Flatbush

257 E 28th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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