NOT LISTED FOR SALE

299 Pennsylvania Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $788,000 - $1,040,000

5 Beds
3 Baths
1,900 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $1,050,000 $553 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,345/month

370 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Combination Dining and Living Room
  • Main Floor Primary Bedroom
  • Window Unit Cooling System
  • 2-minute walk to Grace Playground

About This Home

As of September 2022

Excellent opportunity to own a spacious 2-fam property with rental income. Complete Gut renovation!!! Each apartment features a kitchen including stainless steel appliances, Quartz countertops and plenty of kitchen cabinets. Hardwood floors throughout. recessed ceiling lights in every room. This property is also equipped with a fire escape stair in the rear of building.

Last Agent to Sell the Property

Gonzalo Torres

Charles Rutenberg Realty Inc License #10301203104 Listed on: 07/20/2021

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1899 | Remodeled in 2020

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Liberty Avenue Middle School
  • W H Maxwell Career And Tech High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 14 / 3755
  • Assessor Parcel Number 03755-0014

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,275

Year Built

Built in 1899 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Levels: Three Or More
  • Building Size: 19' X 50'
  • Year Built: 1899
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 347-682-8196
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Microwave, Refrigerator
  • Total Bedrooms: 5
  • Kitchens: 2
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-02-09
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Liberty Avenue Middle School

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 1900.00
  • Lot Size Units: Acres
  • Parcel Number: 03755-0014
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-21
  • Included in Taxes: Trash
  • Tax Annual Amount: 4275.00
  • Tax Block: 3755
  • Tax Lot: 14
  • Tax Map Number: 03755-0014

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • High School: W H Maxwell Career And Tech Hs
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 21, 2022
Sold by
Franqui Jose and Torres Sandra
Bought by
Dandy Brittany C and Mikell Leroy Vance
Seller's Agent
Gonzalo Torres
Charles Rutenberg Realty Inc
List Price
$1,089,000
Sold Price
$1,050,000
Premium/Discount to List
-$39,000
-3.58%
Current Estimated Value
$962,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,661
Avg. Annual Appreciation
-2.77%
Original Mortgage
$1,050,000
Outstanding Balance
$1,002,179
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$39,840

Purchase Details

Closed on
Jun 30, 2017
Sold by
Hernandez Maria and Hernandez Moises
Bought by
Franqui Jose and Torres Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dandy Brittany C $1,050,000 --
Franqui Jose $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dandy Brittany C $1,050,000
Previous Owner Franqui Jose $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,050,000 -3.6% $553 / Sq Ft
07/26/2022 07/26/22 For Sale $1,089,000 +3.7% $573 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 Off Market $1,050,000 -- --
04/18/2022 04/18/22 Price Changed $1,089,000 -0.9% $573 / Sq Ft
03/14/2022 03/14/22 Price Changed $1,099,000 -4.4% $578 / Sq Ft
01/27/2022 01/27/22 Price Changed $1,150,000 -4.1% $605 / Sq Ft
10/13/2021 10/13/21 Price Changed $1,199,000 -4.0% $631 / Sq Ft
09/22/2021 09/22/21 Price Changed $1,249,000 -1.6% $657 / Sq Ft
07/20/2021 07/20/21 For Sale $1,269,000 -- $668 / 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 $3,397 $35,100 $15,900 $19,200
2024 $3,397 $33,720 $15,900 $17,820
2023 $4,162 $35,100 $16,560 $18,540
2022 $4,091 $31,260 $16,560 $14,700
2021 $4,275 $28,200 $16,560 $11,640
2020 $3,206 $25,860 $16,560 $9,300
2019 $3,785 $25,860 $16,560 $9,300
2018 $3,481 $17,076 $9,223 $7,853
2017 $3,181 $17,076 $14,546 $2,530
2016 $1,071 $16,929 $13,504 $3,425
2015 $533 $15,972 $10,010 $5,962
2014 $533 $15,078 $8,028 $7,050
Source: Public Records

Agents Affiliated with this Home

  • Gonzalo Torres

    Seller's Agent in 2022

    Gonzalo Torres

    Charles Rutenberg Realty Inc

    (347) 682-8196

    3 in this area

    14 Total Sales

    Gonzalo Torres
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Map

Source: OneKey® MLS

MLS Number: KEY3331265

OneKey® MLS

APN: 03755-0014

New York Kings County Brooklyn 11207 East New York

299 Pennsylvania Ave, Brooklyn, NY

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