NOT LISTED FOR SALE

318 Montauk Ave Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $682,575 - $1,144,000

6 Beds
2 Baths
2,120 Sq Ft
$434/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $850,000 $401 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,141/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Baseboard Heating

About This Home

As of February 2024

Please note the open house that was scheduled for 11/04/2023 has been cancelled. We apologize for the inconvenience.

Last Agent to Sell the Property

Renilda Pichardo

Cruz Network Cruse Realty Brokerage Phone: 718-335-4040 License #31PI1177600 Listed on: 10/20/2023

Last Buyer's Agent

Mery Nunez

Cruz Network Cruse Realty License #40NU1000300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • East New York Elementary-Excellence School
  • East New York Middle Sch-Excellence
  • East Ny Family Academy High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 44 / 4055
  • Assessor Parcel Number 04055-0044

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,179

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-335-4040
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2120
  • SquareFootage: 2120.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: East New York Middle Sch-Excellence

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04055-0044
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-23

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 3179
  • Tax Block: 4055
  • Tax Lot: 44
  • Tax Map Number: 04055-0044
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: East New York Elementary-Excellence
  • High School: East Ny Family Academy
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 22, 2024
Sold by
Rivera Elissa and Rivera Nuris M
Bought by
Alam Jahangir and Hossain Jabed
Seller's Agent
Renilda Pichardo
Cruz Network Cruse Realty
Buyer's Agent
Mery Nunez
Cruz Network Cruse Realty
List Price
$890,000
Sold Price
$850,000
Premium/Discount to List
-$40,000
-4.49%
Views
50
Current Estimated Value
$920,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,894
Avg. Annual Appreciation
4.14%
Original Mortgage
$663,000
Outstanding Balance
$652,614
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,596

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 20, 2024
Sold by
Rafael Dejesus Rodriguez Deceased and Rafael Derodriguez Deceased
Bought by
Rivera Elissa and Rivera Nuris M
Seller's Agent
Renilda Pichardo
Cruz Network Cruse Realty
Buyer's Agent
Mery Nunez
Cruz Network Cruse Realty
List Price
$890,000
Sold Price
$850,000
Premium/Discount to List
-$40,000
-4.49%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Outstanding Balance
$652,614
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,596

Purchase Details

Closed on
Aug 29, 2019
Sold by
De Rodriguez Estate Of Rafael and Dejesus Rodriguez Estate Of Rafael
Bought by
Rivera Elissa and Rivera Nuris M

Purchase Details

Closed on
Mar 31, 2000
Sold by
Rodriguez Juana S and Rodriguez Felix A
Bought by
Rodriguez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Alam Jahangir $850,000 --
Alam Jahangir $850,000 --
Rivera Elissa -- --
Rivera Elissa -- --
Rivera Elissa -- --
Rivera Elissa -- --
Rodriguez Rafael $125,000 Fidelity National Title Ins
Rodriguez Rafael -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Jahangir $663,000
Closed Alam Jahangir $663,000
Previous Owner Rivera Elissa $250,000
Previous Owner Rodriguez Rafael $50,226
Previous Owner Rodriguez Rafael $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $850,000 -4.5% $401 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $890,000 -- $420 / 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 $3,332 $41,880 $10,080 $31,800
2024 $3,332 $47,580 $10,080 $37,500
2023 $3,179 $54,480 $10,080 $44,400
2022 $2,954 $44,400 $10,080 $34,320
2021 $2,940 $41,100 $10,080 $31,020
2020 $2,205 $41,280 $10,080 $31,200
2019 $2,892 $41,280 $10,080 $31,200
2018 $2,659 $13,046 $3,087 $9,959
2017 $2,513 $12,330 $3,732 $8,598
2016 $2,328 $11,643 $3,589 $8,054
2015 $1,183 $11,643 $3,710 $7,933
2014 $1,183 $11,520 $4,403 $7,117
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Renilda Pichardo

    Cruz Network Cruse Realty

    (718) 335-4040

    2 in this area

    6 Total Sales

    Renilda Pichardo
    Section Image
  • Mery Nunez

    Buyer's Agent in 2024

    Mery Nunez

    Cruz Network Cruse Realty

    (646) 263-7786

    1 in this area

    2 Total Sales

    Mery Nunez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3511796

OneKey® MLS

APN: 04055-0044

New York Kings County Brooklyn 11208 East New York

318 Montauk Ave, Brooklyn, NY

This home is located at 318 Montauk Ave, Brooklyn, NY 11208 since 20 October 2023 and is currently estimated at $920,894, approximately $434 per square foot. This property was built in 1901. 318 Montauk Ave is a home located in Kings County with nearby schools including East New York Elementary School Of Excellence, Achievement First Aspire Charter, and Followers of Jesus School.

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