NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $1,561,000

Studio
-- Bath
3,348 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $1,230,000 $367 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,134/month

187 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Steam
  • 2-minute walk to 53 Street

About This Home

As of April 2021

20385HM-Welcome to 338 52nd Street in the heart of Sunset Park, Brooklyn. Opportunity knocks with this high income potential 2 family home. Each unit features 3 bedrooms and 1 bathroom. Conveniently located to public transportation one block away from the N/R 53rd Street train stations and nearby buses. Less than 10 minutes away from the newest repurposed industrial space, Industry City, featuring retail stores, art installations and plenty of eateries to choose from. The building will be delivered vacant.

Last Agent to Sell the Property

Jose Oropeza

Robert DeFalco Realty, Inc. Listed on: 08/06/2020

Last Buyer's Agent

BROKER NON-MLS

Reliable Sell & Buy Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 20x60

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,348 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 0022 / 00806
  • Assessor Parcel Number 00806-0022

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 9+F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: 20X60
  • Directions: PLEASE SEE GOOGLE MAPS.
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1910
  • General Property Info:Public Remarks3: 20385HM-Welcome to 338 52nd Street in the heart of Sunset Park, Brooklyn. Opportunity knocks with this high income potential 2 family home. Each unit features 3 bedrooms and 1 bathroom. Conveniently located to public transportation one block away from the N/R 53rd Street train stations and nearby buses. Less than 10 minutes away from the newest repurposed industrial space, Industry City, featuring retail stores, art installations and plenty of eateries to choose from. The building will be delivered vacant.
  • ContractLocation Information:List PriceSqFt2: 417.56
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Good
  • Annual Expenses: 20.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 2
  • Year Built: 1910

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2003.0
  • Lot Size Units: Square Feet
  • Parcel #: 00806-0022
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2003.0
  • General Property Info:Lot Dim: 20X100.17

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 20.0

Tax Info

  • Tax Block: 00806
  • Tax Lot: 0022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Apr 13, 2021
Sold by
Santos Miguel
Bought by
Wang Ying and Zhu Chunzhen
Seller's Agent
Jose Oropeza
Robert DeFalco Realty, Inc.
Buyer's Agent
BROKER NON-MLS
Reliable Sell & Buy Realty Inc
List Price
$1,230,000
Sold Price
$1,230,000
Current Estimated Value
$1,443,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,657
Avg. Annual Appreciation
3.44%
Original Mortgage
$650,000
Outstanding Balance
$585,291
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$858,366

Purchase Details

Closed on
Feb 24, 2006
Sold by
Monterosa Maria L
Bought by
Santos Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
6.15%

Purchase Details

Closed on
Aug 11, 2003
Sold by
Garcia Monterosa Maria L and Garcia Wilberto A
Bought by
Monterosa Maria L

Purchase Details

Closed on
Oct 17, 1997
Sold by
Badillo Edwin
Bought by
Garcia Wilberto Antonio and Monterosa Maria L Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,853
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Ying $1,230,000 --
Wang Ying $1,230,000 --
Wang Ying $1,230,000 --
Santos Miguel $711,000 --
Santos Miguel $711,000 --
Monterosa Maria L -- --
Monterosa Maria L -- --
Garcia Wilberto Antonio $215,000 Commonwealth Land Title Ins
Garcia Wilberto Antonio $215,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ying $650,000
Closed Wang Ying $650,000
Previous Owner Santos Miguel $142,200
Previous Owner Santos Miguel $568,800
Previous Owner Garcia Wilberto Antonio $197,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $1,230,000 0.0% $367 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,230,000 -- $367 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $7,016 $81,300 $16,380 $64,920
2024 $7,016 $80,100 $16,380 $63,720
2023 $6,694 $83,340 $16,380 $66,960
2022 $6,195 $86,160 $16,380 $69,780
2021 $6,175 $86,040 $16,380 $69,660
2020 $3,067 $88,500 $16,380 $72,120
2019 $6,090 $84,060 $16,380 $67,680
2018 $5,600 $27,469 $6,768 $20,701
2017 $5,283 $25,915 $6,311 $19,604
2016 $4,888 $24,452 $6,682 $17,770
2015 $2,949 $24,433 $7,278 $17,155
2014 $2,949 $24,260 $7,723 $16,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1139326

Staten Island Multiple Listing Service

APN: 00806-0022