NOT LISTED FOR SALE

349 Pennsylvania Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $1,006,000 - $1,463,000

8 Beds
5.5 Baths
2,700 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $920,000 $341 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,366/month

177 Days on Market

About This Home

As of March 2021

This is a great money make with very good paying Tenants.This is a must see if you looking to buy in the area. Seller is motivated and wants to hear all offers. Close to shopping ares and subway station. Well maintained it was fully renovated in 2013 its a very good cash flow property. Seller is looking for the best offer within the range. Very close to trains, Additional information: Appearance:Great,Separate Hotwater Heater:yes

Last Agent to Sell the Property

Imran Williams

Progressive Realty Grp USA Inc Brokerage Phone: 516-997-9000 License #10301210546 Listed on: 09/22/2020

Progressive Realty Grp USA Inc

Last Buyer's Agent

Marlon Holford

Keystone Realty USA Corp License #10301216426

Keystone Realty USA Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 1 Parking Space
  • Private Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 17 / 3772
  • Assessor Parcel Number 03772-0017

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,945

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Levels: Three Or More
  • Year Built: 1901
  • Attribution Contact: 516-997-9000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Block, Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 03772-0017
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 3945
  • Tax Block: 3772
  • Tax Lot: 17

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Mar 22, 2021
Sold by
Toby Neal
Bought by
Holford Althea
Seller's Agent
Imran Williams
Progressive Realty Grp USA Inc
Buyer's Agent
Marlon Holford
Keystone Realty USA Corp
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
Current Estimated Value
$1,135,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,752
Avg. Annual Appreciation
4.65%
Original Mortgage
$919,056
Outstanding Balance
$828,672
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,080

Purchase Details

Closed on
May 29, 2013
Sold by
Penn Ave Llc
Bought by
Toby Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,402
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2009
Sold by
Awesome Homes Inc
Bought by
Penn Ave Llc

Purchase Details

Closed on
Sep 8, 2009
Sold by
Beresford Mcghie Claudius
Bought by
Awesome Homes Inc and Vomed Inc
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
Holford Althea $940,000 --
Toby Neal $470,000 --
Penn Ave Llc $235,000 --
Awesome Homes Inc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holford Althea $919,056
Previous Owner Toby Neal $430,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $920,000 -3.1% $341 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
11/03/2020 11/03/20 Price Changed $949,000 -5.0% $351 / Sq Ft
10/12/2020 10/12/20 Price Changed $999,000 -9.2% $370 / Sq Ft
09/22/2020 09/22/20 For Sale $1,100,000 -- $407 / 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 $4,696 $66,540 $20,040 $46,500
2024 $4,696 $54,480 $20,040 $34,440
2023 $4,596 $48,000 $20,040 $27,960
2022 $4,374 $40,860 $20,040 $20,820
2021 $4,380 $37,380 $20,040 $17,340
2020 $2,054 $45,360 $20,040 $25,320
2019 $4,076 $43,920 $20,040 $23,880
2018 $3,844 $18,858 $9,529 $9,329
2017 $3,722 $18,260 $10,662 $7,598
2016 $3,467 $17,344 $10,475 $6,869
2015 $2,078 $16,363 $9,028 $7,335
2014 $2,078 $16,238 $10,144 $6,094
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Imran Williams

    Progressive Realty Grp USA Inc

    (718) 926-0374

    1 in this area

    15 Total Sales

    Imran Williams
    Section Image
  • Marlon Holford

    Buyer's Agent in 2021

    Marlon Holford

    Keystone Realty USA Corp

    (917) 601-2401

    1 in this area

    14 Total Sales

    Marlon Holford
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3254644

OneKey® MLS

APN: 03772-0017

New York Kings County Brooklyn 11207 East New York

349 Pennsylvania Ave, Brooklyn, NY

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