NOT LISTED FOR SALE

Estimated Value: $873,861 - $917,000

5 Beds
3 Baths
3,060 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $845,000 $276 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,162/month

29 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Crescent Street
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening
  • Park

About This Home

As of October 2024

Welcome to 29 Pine Street, a spacious multi-family property located in the vibrant Cypress Hills neighborhood of Brooklyn. Just two blocks from the J & Z trains, this property offers easy access to the city while maintaining the quiet, residential feel that makes Cypress Hills so desirable. This well-maintained home features a total of 5 bedrooms and 3 bathrooms, making it perfect for large families or those looking to generate rental income. The upper level includes 3 generous bedrooms and a full bathroom, providing ample space for everyone. On the first level, you'll find 2 additional bedrooms and another full bathroom, along with access to a cozy deck that leads out to the backyard-a perfect spot for relaxing or entertaining. The basement, with its own separate entrance and exit to the backyard, offers endless possibilities, whether you're looking for extra storage, a home office, or even a recreational space. While the property does require some updating, it is in solid condition and offers the perfect opportunity to add your personal touch and create your forever home. Offered "as-is," this property is ideal for buyers ready to invest in a home with great potential in a fantastic location. Don't miss out on the chance to make 29 Pine Street your own!

Last Agent to Sell the Property

Christopher Lee

Moving Keyz Realty Brokerage Phone: 917-514-8337 License #10311209277 Listed on: 08/25/2024

Co-Listed By

Sixta Soto

Moving Keyz Realty Brokerage Phone: 917-514-8337 License #10401382063

Last Buyer's Agent

Delmara Reece

Fave Realty Inc License #10401353364

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1910

Lot Details

  • 1,937 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 65 Elementary School
  • Is 171 Abraham Lincoln Middle School
  • Transit Tech Career And Tech Edu High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit
  • Partially Finished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04118-0008

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 917-514-8337
  • Co List Office Mls Id: ONEMVKZ01
  • Co List Office Phone: 929-330-1729
  • BuildingSize: 2,040 SqFt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Partially Finished
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.044
  • Lot Size Sq Ft: 1937
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04118-0008
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities
  • Available Date: 2024-09-27

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5699
  • Tax Map Number: 04118-0008
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 65
  • High School: Transit Tech Career And Tech Edu
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2024
Closed on
Oct 23, 2024
Sold by
Correa Angel
Bought by
Segovia Eduardo M
Seller's Agent
Christopher Lee
Moving Keyz Realty
Buyer's Agent
Delmara Reece
Fave Realty Inc
List Price
$799,000
Sold Price
$845,000
Premium/Discount to List
$46,000
5.76%
Views
25
Current Estimated Value
$897,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,215
Avg. Annual Appreciation
5.26%
Original Mortgage
$829,694
Outstanding Balance
$819,675
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,540
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
Segovia Eduardo M $845,000 --
Segovia Eduardo M $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segovia Eduardo M $829,694
Closed Segovia Eduardo M $829,694
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $845,000 +5.8% $276 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/25/2024 08/25/24 For Sale $799,000 -- $261 / 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 $5,699 $43,860 $14,640 $29,220
2024 $5,699 $51,120 $14,640 $36,480
2023 $5,501 $48,180 $14,640 $33,540
2022 $5,149 $41,700 $14,640 $27,060
2021 $5,270 $37,800 $14,640 $23,160
2020 $3,953 $40,260 $14,640 $25,620
2019 $4,946 $40,260 $14,640 $25,620
2018 $4,601 $22,572 $8,396 $14,176
2017 $4,382 $21,496 $9,804 $11,692
2016 $4,172 $20,869 $9,377 $11,492
2015 $2,446 $20,851 $11,415 $9,436
2014 $2,446 $19,704 $11,242 $8,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3574491

OneKey® MLS

APN: 04118-0008