NOT LISTED FOR SALE

366 Kings Hwy Unit 5C Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $372,000 - $514,000

1 Bed
1 Bath
420 Sq Ft
3,615 Sq Ft Lot

Last Sold April 25, 2019

Last sale price $350,000 $833 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,548/month

Highlights

  • Terrace
  • Elevator
  • Community Storage Space
  • P.S. 215 Morris H Weiss Rated A-
  • Multiple cooling system units

About This Home

As of April 2019

Presenting a Condo on the 5th Floor in an Elevatored Building. This 420 sqft Unit Features a Bedroom, Living Room, Kitchen, Full Bathroom, Terrace, and includes 80 sqft storage room. Conveniently located near Transportation, Schools, Shopping, and Supermarkets. 9 years Tax Abatement. Owner is looking for all cash buyer.

Last Agent to Sell the Property

Jie Min Xia

Momentum Real Estate LLC Listed on: 02/12/2019

Last Buyer's Agent

Allen Luo

Re Max Team

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $197

Year Built

  • Built in 2012

Lot Details

  • 3,615

Home Design

  • 420 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Stove
  • Terrace
  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6653
  • Property eligible for a tax abatement

Community Details

Overview

  • 17 Units
  • Association Phone (917) 566-6913
  • The 366 Kings Highway Condominium Inc. Condos
  • Property managed by The 366 Kings Highway Condominium

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$197

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 1
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 3rd Street
  • Down Payment Required: 30
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 172.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Refrigerator, Stove, Terrace
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 420
  • Street Name I D X: Kings
  • Street Number I D X: 366
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 5
  • Room Count: 5
  • Total Rooms: 3
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1109

Utilities

  • Air Conditioning Units: 2
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: The 366 Kings Highway Condominium
  • Manager Phone: 917-566-6913
  • Units In Building: 17

Lot Info

  • Building Project Name: THE 366 KINGS HIGHWAY CONDOMINIUM INC.

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 197.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 25, 2019
Sold by
Sun Mingyue
Bought by
Lau Flora Fung-Yee and Lau Wai Leung
Seller's Agent
Jie Min Xia
Momentum Real Estate LLC
Buyer's Agent
Allen Luo
Re Max Team
Sold Price
$350,000
Current Estimated Value
$436,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,422
Avg. Annual Appreciation
3.46%
Original Mortgage
$128,000
Outstanding Balance
$112,306
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,116

Purchase Details

Closed on
Apr 10, 2018
Sold by
Lee Tsung Hwa and Sun Mingyue
Bought by
Sun Mingyue

Purchase Details

Closed on
Oct 8, 2013
Sold by
366 Kings Hwy Llc
Bought by
Lee Tsung Hwa and Sun Mingyue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Lau Flora Fung-Yee $350,000 --
Sun Mingyue -- --
Lee Tsung Hwa $136,890 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Flora Fung-Yee $128,000
Previous Owner Lee Tsung Hwa $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $350,000 -- $833 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $2,780 $55,437 $4,824 $50,613
2024 $2,780 $53,273 $4,824 $48,449
2023 $1,460 $53,298 $4,824 $48,474
2022 $190 $62,197 $4,824 $57,373
2021 $187 $51,843 $4,824 $47,019
2020 $192 $58,385 $4,824 $53,561
2019 $196 $54,032 $4,824 $49,208
2018 $197 $50,540 $4,824 $45,716
2017 $197 $50,736 $4,824 $45,912
2016 $200 $49,187 $4,824 $44,363
2015 -- $39,743 $4,824 $34,919
2014 -- $40,488 $4,824 $35,664
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    9 in this area

    61 Total Sales

    Jie Min Xia
    Section Image
  • Allen Luo

    Buyer's Agent in 2019

    Allen Luo

    Re Max Team

    (917) 889-6555

    5 in this area

    40 Total Sales

    Allen Luo
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427227

Brooklyn Board of REALTORS®

APN: 06653-1114

New York Kings County Brooklyn 11223 Gravesend

366 Kings Hwy Unit 5C, Brooklyn, NY

This home is located at 366 Kings Hwy Unit 5C, Brooklyn, NY 11223 since 12 February 2019 and is currently estimated at $436,422, approximately $1,039 per square foot. This property was built in 2012. 366 Kings Hwy Unit 5C is a home located in Kings County with nearby schools including P.S. 215 Morris H Weiss, Is 228 David A Boody, and Success Academy Charter School - Bensonhurst.

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