NOT LISTED FOR SALE

366 Kings Hwy Unit 5D Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $361,000 - $415,000

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

Last Sold June 16, 2023

Last sale price $300,000 $667 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,249/month

Highlights

  • Terrace
  • P.S. 215 Morris H Weiss Rated A-
  • Elevator

About This Home

As of June 2023

Check out this charming condo located on the 5th floor of this elevator building. This move-in-ready 1 bedroom, 1 bathroom unit features hardwood and tile flooring throughout, a private balcony, a tiled bathroom, a kitchen with granite countertop, and an additional storage room in the basement. The condo is in excellent condition with a beautiful layout that brings in plenty of natural sunlight. This home is conveniently located near supermarkets, shops, pharmacies, banks, restaurants, and much more. It is in an ideal location close to all transportation including N, F train, and B82 bus. Low annual property tax at $188 with tax abatement. Don’t miss out - schedule your showing today!

Last Agent to Sell the Property

Priscilla Tran

Momentum Real Estate LLC Listed on: 02/15/2023

Co-Listed By

Leo Chen

Momentum Real Estate LLC

Last Buyer's Agent

Ray Wu

Ashford Homes LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $189

Year Built

  • Built in 2012

Lot Details

  • 3,615

Home Design

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Stove
  • Terrace

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 Hwy Condos
  • Property managed by Kings Hwy Condo Inc

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$189

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
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 3rd St
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 172.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Elevator, Refrigerator, Stove, Terrace
  • Rooms Total Level1: 3
  • Fill Sq Ft Total: 450
  • 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: 4
  • Total Rooms: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1109

Utilities

  • Air Conditioning Units: 0
  • Utilities: Other

Condo/Co-op/Association

  • Management Company: Kings Hwy Condo Inc
  • Manager Phone: 917-566-6913
  • Units In Building: 17

Lot Info

  • Building Project Name: The 366 Kings Hwy

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 189.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Jun 16, 2023
Sold by
Lin Xing Sam and Yu Yan Ling
Bought by
Wang Zhi Hang
Seller's Agent
Priscilla Tran
Momentum Real Estate LLC
Buyer's Agent
Ray Wu
Ashford Homes LLC
List Price
$439,000
Sold Price
$300,000
Premium/Discount to List
-$139,000
-31.66%
Current Estimated Value
$379,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,979
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Aug 20, 2013
Sold by
366 Kings Hwy Llc
Bought by
Lin Xing Sam and Yu Yan Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.34%
Mortgage Type
New Conventional
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
Wang Zhi Hang $300,000 --
Lin Xing Sam $233,220 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Xing Sam $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $300,000 -31.4% $667 / Sq Ft
04/26/2023 04/26/23 Price Changed $437,000 -0.5% $971 / Sq Ft
02/15/2023 02/15/23 For Sale $439,000 -- $976 / Sq Ft
02/14/2023 02/14/23 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 $189 $62,197 $4,824 $57,373
2021 $187 $51,843 $4,824 $47,019
2020 $192 $58,385 $4,824 $53,561
2019 $194 $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

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471882

Brooklyn Board of REALTORS®

APN: 06653-1115