$1,170,000
SOLD NOV 4, 2024
5 Beds
2 Baths
2,320 Sq Ft
2,800 Sq Ft Lot

Recently Sold

$504 Per Sq Ft

5% Below List Price

175 Days on Market

About This Home

As of November 2024

Motivated Seller, bring your buyers and make an offer !!

Discover this beautiful multi-unit property featuring 5 bedrooms and 2 bathrooms in the heart of Sheepshead Bay. This newer construction boasts a modern floor plan, ample closet space, and storage that spans the entire length of the house. Perfect for both end users and investors, this home offers great potential as an income-producing property.

This gem won't last long. Act now to secure your chance to own this incredible home! Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Salvatore Valente

Douglas Elliman Real Estate License #10401342951 Listed on: 08/25/2024

Douglas Elliman Real Estate

Co-Listed By

Roberto Pollina

Douglas Elliman Real Estate License #10401342952

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,096

Year Built

  • Built in 1920

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 100.00x28.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Sheepshead Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 0102 / 08801

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,096

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Electric, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2320.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2800.0
  • Lot Size Dimensions: 100.00x28.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 1
  • Year Built: 1920

Tax Info

  • Tax Block: 08801
  • Tax Lot: 0102
  • Tax Annual: 6096.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2024
Closed on
Nov 4, 2024
Sold by
Giacalone Janine and Giacalone Matthew
Bought by
Hewady Housam and Hewady Rami
Seller's Agent
Salvatore Valente
Douglas Elliman Real Estate
List Price
$1,238,000
Sold Price
$1,170,000
Premium/Discount to List
-$68,000
-5.49%
Views
34
Current Estimated Value
$1,220,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,679
Avg. Annual Appreciation
4.52%
Original Mortgage
$936,000
Outstanding Balance
$926,612
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,067

Purchase Details

Closed on
Apr 25, 2019
Sold by
Giacalone Janine and Lombardi John
Bought by
Giacalone Janine and Giacalone Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Gonsalves George and Lombardi Joan
Bought by
Lombardi Joan

Purchase Details

Closed on
Jul 20, 1998
Sold by
Gonsalves George and Gonsalves Joan
Bought by
Gonsalves George and Gonsalves Joan
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,170,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $936,000 Purchase Money Mortgage
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $1,170,000 -5.5% $504 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $1,238,000 +5.8% $534 / Sq Ft
08/14/2024 08/14/24 Off Market $1,170,000 -- --
08/05/2024 08/05/24 Price Changed $1,238,000 -0.8% $534 / Sq Ft
08/01/2024 08/01/24 For Sale $1,248,000 0.0% $538 / Sq Ft
06/10/2024 06/10/24 Off Market $1,248,000 -- --
06/05/2024 06/05/24 Price Changed $1,248,000 -3.9% $538 / Sq Ft
04/08/2024 04/08/24 Price Changed $1,298,000 -6.5% $559 / Sq Ft
03/07/2024 03/07/24 For Sale $1,388,000 -- $598 / 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 $6,099 $65,760 $10,380 $55,380
2024 $6,099 $61,200 $10,380 $50,820
2023 $6,116 $75,060 $10,380 $64,680
2022 $5,968 $77,220 $10,380 $66,840
2021 $5,951 $63,120 $10,380 $52,740
2020 $2,798 $56,280 $10,380 $45,900
2019 $4,356 $44,760 $10,380 $34,380
2018 $4,903 $24,052 $5,578 $18,474
2017 $4,866 $23,869 $6,472 $17,397
2016 $4,502 $22,519 $6,283 $16,236
2015 $2,716 $21,246 $8,748 $12,498
2014 $2,716 $20,044 $8,253 $11,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10966278

Real Estate Board of New York (REBNY)

APN: 08801-0102