NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $1,656,407

6 Beds
3 Baths
3,324 Sq Ft
$459/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,480,000 $445 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,361/month

104 Days on Market

About This Home

As of November 2022

Homebuyers looking for space and versatility will no doubt want to tour 369 Fifty-first street. In Sunset Park Unlike its neighbors, this 3 story townhome sits on the top of the block on 4th and 51st.

This is the ONLY lot zoned with both air & commercial rights, to add three additional floors, making this a prime rental or even condo opportunity. The property has a large greenspace offering shade, privacy, and countless landscaping possibilities.

The Inside & basement are ripe for a new owner's imagination, as is the expansive kitchen, recently upgraded appliances, with a neutral color scheme. In short, this townhome has as much potential as it does charm, location, and livability. Be within minutes of the R trains located at 52nd and 53rd street.

Take advantage of the recent developments happening in the area with the new Whale-Oli Building bringing in thousands of square-footage of new office spaces. Take one of the many ferry stops right into the city just 30 mins away. Enjoy the ever-expanding Industry City, and stock-up at Costco just down the street.

Co-Listed By

Behzad Amiri

Corcoran Group License #10401224074

Corcoran Group

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3,324 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Sunset Park Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 3324.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Nov 9, 2022
Sold by
Jamieson Lester
Bought by
Tang Nancy
List Price
$1,795,000
Sold Price
$1,480,000
Premium/Discount to List
-$315,000
-17.55%
Views
8
Current Estimated Value
$1,525,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,852
Avg. Annual Appreciation
0.96%
Original Mortgage
$918,000
Outstanding Balance
$889,481
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$636,371
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tang Nancy $1,480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Nancy $918,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $1,480,000 -7.5% $445 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $1,600,000 -3.0% $481 / Sq Ft
03/16/2022 03/16/22 Price Changed $1,650,000 -8.1% $496 / Sq Ft
01/18/2022 01/18/22 For Sale $1,795,000 -- $540 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,526 $74,700 $18,360 $56,340
2024 $5,526 $81,180 $18,360 $62,820
2023 $5,537 $81,600 $18,360 $63,240
2022 $4,848 $82,200 $18,360 $63,840
2021 $4,816 $84,540 $18,360 $66,180
2019 $4,504 $83,040 $18,360 $64,680
2018 $4,334 $22,719 $6,596 $16,123
2017 $4,070 $21,436 $5,941 $15,495
2016 $3,737 $20,242 $6,513 $13,729
2015 $2,219 $20,228 $5,600 $14,628
2014 $2,219 $19,108 $6,263 $12,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10807283

Real Estate Board of New York (REBNY)

APN: 00790-0046