NOT LISTED FOR SALE

368 New Jersey Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $796,082 - $994,000

11 Beds
3 Baths
2,970 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $440,000 $148 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,891/month

56 Days on Market

Highlights

  • Formal Dining Room
  • Heating System Uses Steam
  • 2-minute walk to Grace Playground
  • Eat-In Kitchen

About This Home

As of August 2013

Great Investment Opportunity!! 2 Apartments Will Be Vacant At Closing, Top Floor Occupied By An Excellent Tenant, Easy Showing , Owner Must Sell !!

Last Agent to Sell the Property

Yaakov Scharman

Great Success Realty Inc Brokerage Phone: 718-883-1800 License #40SC1150625 Listed on: 02/26/2013

Co-Listed By

Shimon Matsui

Great Success Realty Inc Brokerage Phone: 718-883-1800 License #31MA1011482

Last Buyer's Agent

Dean Graber

Keller Williams Rlty Landmark License #10401228160

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Two or More Common Walls

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 31 / 3755
  • Assessor Parcel Number 03755-0031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,108

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-883-1800
  • Co List Office Mls Id: ONESMAT01
  • Co List Office Phone: 718-883-1800
  • BuildingSize: 20X55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 11
  • NumberOfKitchens: 3

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20 X 100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 03755-0031
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 1108
  • Tax Block: 3755
  • Tax Lot: 31
  • Tax Map Number: 03755-0031

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Aug 6, 2013
Sold by
Kc Partners Llc
Bought by
Exelbert Ira D
Seller's Agent
Yaakov Scharman
Great Success Realty Inc
Buyer's Agent
Dean Graber
Keller Williams Rlty Landmark
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Current Estimated Value
$896,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,771
Avg. Annual Appreciation
5.99%
Original Mortgage
$345,000
Outstanding Balance
$256,666
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$640,105

Purchase Details

Closed on
May 11, 2012
Sold by
Young Olive
Bought by
Kc Partners Llc

Purchase Details

Closed on
Dec 6, 2007
Sold by
Estate Of Herbert L Willoughby
Bought by
Choudhury G A Jami and Choudhury Sahed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Prescod Phyllis
Bought by
Young Olive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,750
Interest Rate
5.81%
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
Exelbert Ira D $460,000 --
Kc Partners Llc $225,000 --
Choudhury G A Jami $535,000 --
Young Olive $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Exelbert Ira D $345,000
Previous Owner Choudhury G A Jami $428,000
Previous Owner Young Olive $460,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $440,000 +2.6% $148 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $429,000 -- $144 / 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 $2,093 $60,480 $20,040 $40,440
2024 $2,093 $48,900 $20,040 $28,860
2023 $2,001 $52,200 $20,040 $32,160
2022 $1,967 $44,880 $20,040 $24,840
2021 $1,960 $46,620 $20,040 $26,580
2020 $962 $42,420 $20,040 $22,380
2019 $1,817 $42,420 $20,040 $22,380
2018 $1,674 $8,210 $3,415 $4,795
2017 $1,674 $8,210 $4,819 $3,391
2016 $1,551 $7,761 $5,205 $2,556
2015 $934 $7,663 $5,313 $2,350
2014 $934 $7,239 $4,826 $2,413
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2013

    Yaakov Scharman

    Great Success Realty Inc

    Section Image
  • Shimon Matsui

    Seller Co-Listing Agent in 2013

    Shimon Matsui

    Great Success Realty Inc

    (347) 386-5664

    1 in this area

    69 Total Sales

    Shimon Matsui
    Section Image
  • Dean Graber

    Buyer's Agent in 2013

    Dean Graber

    Keller Williams Rlty Landmark

    (516) 527-9549

    8 in this area

    142 Total Sales

    Dean Graber
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY2560791

OneKey® MLS

APN: 03755-0031

New York Kings County Brooklyn 11207 East New York

368 New Jersey Ave, Brooklyn, NY

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