Seller's Agent in 2025
Karin Lanciano
Lanciano Pizante
(347) 901-3106
3 in this area
34 Total Sales
271 Jerome St Brooklyn, NY 11207
East New York Neighborhood
--
Bed
--
Bath
3,480
Sq Ft
2,500
Sq Ft Lot
About This Home
As of January 2025Welcome to 271 Jerome St, a semi-attached 3-family home in the Cypress Hills neighborhood of Brooklyn that presents an outstanding investment opportunity. This 2,703 Sqft. versatile residence comprises three units, each offering 3 comfortable Bedrooms, Living & Dining spaces and a full finished basement with separate entrances from front and back and high ceilings adds significant value. The property is in good condition and features a private driveway accommodating 3-4 cars, The first-floor unit offers 3 bedrooms and 1 bathroom, while the second and third-floor units each boast 3 bedrooms and 2 full bathrooms. Transportation options are conveniently available, with Van Siclen Ave subway station nearby, providing easy access to the rest of the city. The building is occupied by reliable and responsible tenants who consistently pay on time and maintain the property well, contributing to the very low maintenance costs. This well-maintained property generates strong rental income, making it a lucrative investment. The Basement is currently vacant.
Last Agent to Sell the Property
Lanciano Pizante Brokerage Phone: 917-426-8415 License #10401317111 Listed on: 07/29/2024
Last Buyer's Agent
Lanciano Pizante Brokerage Phone: 917-426-8415 License #10401317111 Listed on: 07/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,753
Year Built
- Built in 2007
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
- 1 Common Wall
Home Design
- Triplex
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Private Parking
- Driveway
Schools
- Ps 158 Warwick Elementary School
- JHS 292 Margaret S Douglas Middle School
- East Ny Family Academy High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 6 / 3982
- Assessor Parcel Number 03982-0006
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2024
Closed on
Jan 27, 2025
Sold by
Gao Jinkai and Liang Feichi
Bought by
Cortijo Benjamin
Seller's Agent
Karin Lanciano
Lanciano Pizante
Buyer's Agent
Karin Lanciano
Lanciano Pizante
List Price
$989,900
Sold Price
$990,000
Premium/Discount to List
$100
0.01%
Views
1
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
$57,010
Avg. Annual Appreciation
6.14%
Original Mortgage
$693,000
Outstanding Balance
$687,613
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$359,397
Purchase Details
Closed on
Jul 31, 2019
Sold by
271 Jerome St Gao Llc
Bought by
Gao Jinkai and Liang Feichi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2019
Sold by
Dale Referee Dominick R Esq
Bought by
271 Jerome St Gao Llc
Purchase Details
Closed on
Jan 9, 2008
Sold by
K B J Development Llc
Bought by
Fowewe Medinotu I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2005
Sold by
Baschu-Miah Mohammed
Bought by
Kbj Development Llc
Purchase Details
Closed on
Jan 3, 2002
Sold by
City Of New York
Bought by
Sheikh Salim
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $990,000 | -- | |
| Deed | $990,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $679,000 | -- | |
| Deed | $679,000 | -- | |
| Deed | $725,000 | -- | |
| Deed | $725,000 | -- | |
| Deed | $70,000 | -- | |
| Deed | $70,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $693,000 | Purchase Money Mortgage | |
| Closed | $693,000 | Purchase Money Mortgage | |
| Previous Owner | $595,000 | New Conventional | |
| Previous Owner | $652,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2025 01/27/25 | Sold | $990,000 | 0.0% | $284 / Sq Ft |
| 12/12/2024 12/12/24 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $989,900 | -- | $284 / Sq Ft |
Source: OneKey® MLS
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 | $8,753 | $61,740 | $13,980 | $47,760 |
| 2024 | $8,753 | $54,720 | $13,980 | $40,740 |
| 2023 | $8,349 | $67,140 | $13,980 | $53,160 |
| 2022 | $8,207 | $58,920 | $13,980 | $44,940 |
| 2021 | $8,587 | $47,160 | $13,980 | $33,180 |
| 2020 | $4,027 | $45,060 | $13,980 | $31,080 |
| 2019 | $7,597 | $45,060 | $13,980 | $31,080 |
| 2018 | $6,984 | $34,260 | $13,980 | $20,280 |
| 2017 | $7,131 | $34,980 | $13,980 | $21,000 |
| 2016 | $6,993 | $34,980 | $13,980 | $21,000 |
| 2015 | $4,796 | $37,512 | $14,163 | $23,349 |
| 2014 | $4,796 | $37,387 | $14,115 | $23,272 |
Source: Public Records
Agents Affiliated with this Home
-
Karin Lanciano
-
Leon Pizante
L
Buyer Co-Listing Agent in 2025
Leon Pizante
Lanciano Pizante
1 in this area
9 Total Sales
Map
Source: OneKey® MLS
MLS Number: L3568898
APN: 03982-0006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
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