Seller's Agent in 2025
Andy Sarrazin
Sarrazin Estates LTD
(347) 781-3314
1 in this area
16 Total Sales
361 Chestnut Ct Brooklyn, NY 11208
East New York Neighborhood
5
Beds
3
Baths
1,680
Sq Ft
1,629
Sq Ft Lot
Highlights
- Marble Flooring
- Side Yard
- Heating System Uses Steam
- Fenced Yard
- Multiple cooling system units
- 2-minute walk to City Line Park
About This Home
As of August 2025We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential.
Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors.
The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.
Last Buyer's Agent
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,835
Year Built
- Built in 1920
Lot Details
- 1,629 Sq Ft Lot
- Lot Dimensions are 65 x 25
- Fenced Yard
- Partially Fenced Property
- Irregular Lot
- Side Yard
Parking
- 3 Parking Spaces
Home Design
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Siding
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
Listing and Financial Details
- Tax Block 4157
Community Details
Building Details
- Fuel Expense $1,500
- Insurance Expense $1,800
- Utility Expense $1,300
- Gross Income $84,000
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2024
Closed on
Aug 28, 2025
Sold by
Buckmon Sr. John Lee and Buckmon Wilbur
Bought by
Edwards Withley
Seller's Agent
Andy Sarrazin
Sarrazin Estates LTD
Buyer's Agent
NON MEMBER
List Price
$1,200,000
Sold Price
$999,990
Premium/Discount to List
-$200,010
-16.67%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,343
Avg. Annual Appreciation
9.35%
Original Mortgage
$799,992
Outstanding Balance
$798,602
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,731
Purchase Details
Closed on
Jan 16, 2020
Sold by
Buckmon Rose Lee and Buckmon Wilbur
Bought by
Buckmon Rose Lee and Buckmon Wilbur
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,990 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $799,992 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $999,990 | 0.0% | $595 / Sq Ft |
| 02/28/2025 02/28/25 | Off Market | $999,990 | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $1,200,000 | -- | $714 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $4,835 | $53,880 | $6,420 | $47,460 |
| 2024 | $4,835 | $47,820 | $6,420 | $41,400 |
| 2023 | $4,839 | $48,900 | $6,420 | $42,480 |
| 2022 | $4,492 | $41,100 | $6,420 | $34,680 |
| 2021 | $4,471 | $44,640 | $6,420 | $38,220 |
| 2019 | $4,197 | $41,460 | $6,420 | $35,040 |
| 2018 | $4,047 | $19,855 | $3,013 | $16,842 |
| 2017 | $3,822 | $18,750 | $3,708 | $15,042 |
| 2016 | $3,539 | $17,704 | $4,375 | $13,329 |
| 2015 | $2,133 | $17,690 | $5,732 | $11,958 |
| 2014 | $2,133 | $16,719 | $4,922 | $11,797 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Sarrazin
-
N
Buyer's Agent in 2025
NON MEMBER
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 487173
APN: 04157-0052
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
Nearby Homes