NOT LISTED FOR SALE

Estimated Value: $1,223,101 - $1,478,000

9 Beds
3.5 Baths
2,772 Sq Ft
$498/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2023

Last sale price $1,160,000 $418 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,027 / mo

Highlights

  • Wood Flooring
  • 2-minute walk to 59 Street (N,R Line)
  • Back and Front Yard
  • IS 220 John J. Pershing Rated A-
  • Multiple cooling system units

About This Home

As of December 2023

*SUNSET PARK* This Legal Two-Family building is ideally situated in one of Brooklyn's most desirable and sought after neighborhood. This brick house is three stories above ground with a finished basement featuring half a bath and separate entrance. The building is 20 x 45 sitting on a 20 x 100.17 lot. The property consists of 9 Bedrooms with 3 bedrooms and a full bath on each level. Located on 57th Street between 3rd and 4th Ave, you can easily access all the exciting and essential amenities on 4th and 5th Ave. Not only is it conveniently situated near abundant of amenities, it is only minutes away from the 59th Street Station where you can access the R and N train. The building will be DELIVERED VACANT at closing. A truly rare opportunity that you would not want to miss out on.

Last Agent to Sell the Property

Allen Luo

Kirin Real Estate LLC Listed on: 05/02/2023

Co-Listed By

Yawei Yang

Tiger Realty

Last Buyer's Agent

Shu Yan Lin

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,401

Year Built

  • Built in 1901

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 20 x 100.17
  • Irregular Lot
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,772 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,401

Year Built

Built in 1901

Lot Details

2,003 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 20.00
  • Co List Office Mls Id: 119370
  • Co List Office Phone: (929) 460-0008
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Ave
  • Cross Street Name2: 4th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2772
  • Building Stories: 3
  • Street Name I D X: 57th
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1901
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 9
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 47
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 20 x 100.17
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 6401.00

Multi Family

  • Unit Count: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Nov 27, 2023
Sold by
Bought by
Seller's Agent
Allen Luo
Kirin Real Estate LLC
Buyer's Agent
Shu Yan Lin
E House Realty & Mgt. Inc.
List Price
$1,550,000
Sold Price
$1,160,000
Premium/Discount to List
-$390,000
-25.16%
Views
108
Current Estimated Value
$1,381,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,525
Avg. Annual Appreciation
7.09%
Original Mortgage
$696,000
Outstanding Balance
$680,029
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$701,496

Purchase Details

Closed on
Jul 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,991
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,160,000 --
$1,160,000 --
$1,160,000 --
-- --
-- --
$9,500 First American Title Ins Co
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $696,000
Closed $696,000
Previous Owner $305,991
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2023 12/02/23 Sold $1,160,000 -25.2% $418 / Sq Ft
05/02/2023 05/02/23 For Sale $1,550,000 -- $559 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,297 $91,020 $16,380 $74,640
2025 $7,225 $87,420 $16,380 $71,040
2024 $7,225 $79,380 $16,380 $63,000
2023 $6,614 $91,740 $16,380 $75,360
2022 $6,114 $87,540 $16,380 $71,160
2021 $6,076 $69,000 $16,380 $52,620
2019 $5,978 $79,020 $16,380 $62,640
2018 $5,472 $28,305 $5,767 $22,538
2017 $5,148 $26,722 $6,099 $20,623
2016 $4,734 $25,230 $7,662 $17,568
2015 $2,821 $25,230 $7,636 $17,594
2014 $2,821 $24,980 $9,071 $15,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473717

Brooklyn Board of REALTORS®

APN: 00838-0047

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