NOT LISTED FOR SALE

Estimated Value: $385,000 - $494,349

2 Beds
1 Bath
893 Sq Ft
1957 Built

Sale Details

Date Sold: November 25, 2024

Last sale price $480,000 $538 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,891 / mo

Highlights

  • Wood Flooring
  • Elevator
  • Handicap Accessible
  • P.S. 254 Dag Hammarskjold Rated A-
  • Resident Manager or Management On Site
  • Multiple cooling system units

About This Home

As of November 2024

Welcome to this Condo unit for sale in prime Sheepshead Bay location. Fully renovated apartment including 2 bed (junior 4), 1-bathroom, spacious living room and kitchen with new appliances. It has a lot of natural sunlight and lots of closet space!
The building has an elevator on both sides, laundry area, live-in super and garage parking (waitlist). It is located around many convenience stores including Stop & Shop, Rite Aid, Starbuck's, Staples, and many more other ones. Close to nice restaurants around Emmons Ave, and Sheepshead Bay. B49 line for the bus is right in front of the building, B & Q subway lines are minutes away. Nearby schools are PS 254, PS 206, PS 52.

Last Agent to Sell the Property

Alla Reuben

RE/MAX Edge Listed on: 06/17/2024

RE/MAX Edge

Last Buyer's Agent

Alla Reuben

RE/MAX Edge Listed on: 06/17/2024

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1957

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 893 Sq Ft Home
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Waiting List for Parking

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple cooling system units
  • Gas Available

Listing and Financial Details

  • Tax Block 7440

Community Details

Overview

  • 88 Units
  • Association Phone (718) 968-2876
  • 2900 Apt Condos
  • Property managed by Independed

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,899

Year Built

Built in 1957

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue Y
  • Cross Street Name2: Jerome Av
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 622.93
  • Negotiate Thru: Seller
  • Parking Attributes: Garage, Wait-List
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Elevator, Laundry Area, Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 893
  • Street Name I D X: Ocean
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 4
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1068

Utilities

  • Air Conditioning Units: 2
  • Utilities: Gas, Heat, Sewer, Water

Condo/Co-op/Association

  • Management Company: Independed
  • Manager Phone: 718-968-2876
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 88

Lot Info

  • Building Project Name: 2900 Apt

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 5898.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Nov 25, 2024
Sold by
Berrios Gladys
Bought by
Jiang Icy Yan and Yung Siu Cheung
Seller's Agent
Alla Reuben
RE/MAX Edge
Buyer's Agent
Alla Reuben
RE/MAX Edge
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
44
Current Estimated Value
$452,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,413
Avg. Annual Appreciation
-4.14%
Original Mortgage
$300,000
Outstanding Balance
$296,899
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,688

Purchase Details

Closed on
Jan 3, 1993
Sold by
Locke Wayne
Bought by
Berrios Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jiang Icy Yan $480,000 --
Jiang Icy Yan $480,000 --
Berrios Gladys -- --
Berrios Gladys -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Icy Yan $300,000
Closed Jiang Icy Yan $300,000
Previous Owner Berrios Gladys $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $480,000 -3.8% $538 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $499,000 -- $559 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $5,899 $58,364 $1,958 $56,406
2024 $5,899 $56,217 $1,958 $54,259
2023 $5,551 $53,753 $1,958 $51,795
2022 $5,168 $48,471 $1,958 $46,513
2021 $4,548 $37,747 $1,958 $35,789
2019 $3,406 $42,282 $1,958 $40,324
2018 $4,453 $39,284 $1,959 $37,325
2017 $4,167 $39,143 $1,959 $37,184
2016 $4,014 $37,674 $1,959 $35,715
2015 $2,395 $30,934 $1,958 $28,976
2014 $2,395 $28,039 $1,959 $26,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 483928

Brooklyn Board of REALTORS®

APN: 07440-1068

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