NOT LISTED FOR SALE

294 Nichols Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $738,854 - $1,029,000

6 Beds
2 Baths
1,788 Sq Ft
$493/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $590,000 $330 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,224/month

6 Days on Market

About This Home

As of December 2019

Property Needs Work - Roof , Basement ,Rear, Sewer & Mould.

Last Agent to Sell the Property

Rajiv Mangal

Future Homes Realty Inc License #40MA1036796 Listed on: 07/16/2019

Last Buyer's Agent

Lakhwinder Singh

LJ Realty Team Inc License #10311208919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1910

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 20x87.5
  • Two or More Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include sewer
  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 47 / 4150
  • Assessor Parcel Number K04150-0047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,346

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Dryer,Washer
  • Building Size: 20 x 40
  • Year Built: 1910
  • New Construction: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished
  • Inclusions: Oven/Range, Refrigerator
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No
  • View YN: No

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Sewer
  • Senior Community: No

Schools

  • School District Number: 19

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Dimensions: 20x87.5
  • Lot Size Sq Ft: 1750.00
  • Parcel Number: K04150-0047
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2019-12-02
  • Tax Annual Amount: 4346.00
  • Tax Block: 4150
  • Tax Lot: 47
  • Tax Map Number: K04150-0047

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Persaud Alex
Bought by
Bessent Zalika
Current Estimated Value
$882,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,872
Outstanding Balance
$726,990
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,224

Purchase Details

Closed on
Mar 2, 2021
Sold by
Persaud Alex and Persaud Shivaun
Bought by
Persaud Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2020
Sold by
Rose Hall Street Inc
Bought by
Persaud Alex and Persaud Shivaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 2, 2019
Sold by
104-31 125Th Street Llc and Rajkumar
Bought by
Rose Hall Street Inc
Seller's Agent
Rajiv Mangal
Future Homes Realty Inc
Buyer's Agent
Lakhwinder Singh
LJ Realty Team Inc
List Price
$639,000
Sold Price
$590,000
Premium/Discount to List
-$49,000
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Rajkumar Sabrina
Bought by
104-31 125Th Street Llc

Purchase Details

Closed on
May 21, 2008
Sold by
Bradfield James
Bought by
Rajkumar Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2005
Sold by
Guzman Luis
Bought by
Bradfield James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Ahmad Elizabeth
Bought by
Bradfield James A

Purchase Details

Closed on
Mar 1, 1996
Sold by
Ahmad Elizabeth
Bought by
Ahmad Elizabeth and Bradfield James A
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 Buyer Sale Price Title Company
Bessent Zalika $780,000 --
Bessent Zalika $780,000 --
Persaud Alex -- --
Persaud Alex -- --
Persaud Alex $725,000 --
Persaud Alex $725,000 --
Rose Hall Street Inc $590,000 --
Rose Hall Street Inc $590,000 --
104-31 125Th Street Llc $575,567 --
104-31 125Th Street Llc $575,567 --
Rajkumar Sabrina $615,000 --
Rajkumar Sabrina $615,000 --
Bradfield James $405,000 --
Bradfield James $405,000 --
Bradfield James A -- First American Title Ins Co
Bradfield James A -- First American Title Ins Co
Ahmad Elizabeth -- First American Title Ins Co
Ahmad Elizabeth -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bessent Zalika $765,872
Closed Bessent Zalika $765,872
Previous Owner Persaud Alex $616,000
Previous Owner Persaud Alex $580,000
Previous Owner Rajkumar Sabrina $492,000
Previous Owner Bradfield James $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $590,000 -7.7% $330 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $639,000 0.0% $357 / Sq Ft
12/10/2014 12/10/14 For Rent $1,900 +90.0% --
12/10/2014 12/10/14 Rented $1,000 -- --
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 $5,008 $49,440 $11,580 $37,860
2024 $5,008 $45,360 $11,580 $33,780
2023 $5,064 $50,880 $11,580 $39,300
2022 $4,720 $45,660 $11,580 $34,080
2021 $4,901 $42,180 $11,580 $30,600
2020 $2,299 $37,020 $11,580 $25,440
2019 $4,347 $36,300 $11,580 $24,720
2018 $4,236 $20,780 $6,427 $14,353
2017 $4,017 $19,704 $8,143 $11,561
2016 $3,880 $19,407 $8,268 $11,139
2015 $2,242 $18,312 $9,009 $9,303
2014 $2,242 $17,317 $10,228 $7,089
Source: Public Records

Agents Affiliated with this Home

  • Rajiv Mangal

    Seller's Agent in 2019

    Rajiv Mangal

    Future Homes Realty Inc

    (646) 326-2225

    1 in this area

    9 Total Sales

    Rajiv Mangal
    Section Image
  • Lakhwinder Singh

    Buyer's Agent in 2019

    Lakhwinder Singh

    LJ Realty Team Inc

    (718) 737-5350

    16 Total Sales

    Lakhwinder Singh
    Section Image

  • C

    Seller's Agent in 2014

    Christopher Persaud

    Flat Rate Realty of Queens Ltd

    1 Total Sale

    Christopher Persaud
    Section Image

  • L

    Buyer's Agent in 2014

    LELIA ESPINAL

    Americanspanishrealty.com

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3148131

OneKey® MLS

APN: 04150-0047

New York Kings County Brooklyn 11208 Cypress Hills

294 Nichols Ave, Brooklyn, NY

This home is located at 294 Nichols Ave, Brooklyn, NY 11208 since 16 July 2019 and is currently estimated at $882,214, approximately $493 per square foot. This property was built in 1910. 294 Nichols Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Is 171 Abraham Lincoln, and Cypress Hills Ascend Charter Lower School.

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