NOT LISTED FOR SALE

370 E 32nd St Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $921,000 - $1,335,000

7 Beds
5 Baths
3,000 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $1,225,000 $408 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,094/month

119 Days on Market

About This Home

As of May 2023

Nicknamed Graysee Gray for its classic charcoal facade, this three-family property three blocks from the 2 and 5 subway lines and businesses on Nostrand Avenue offers a great income producing investment or potential opportunity to configure for personal use.



The exterior stairs lead you to the main entrance of the building to access the second and third floor residences. The second floor unit is currently configured as a three bedroom with two baths. There is direct garden access past a windowed storage vestibule. The top floor unit enjoys a spacious layout with generous space for both living and dining and is flooded with sunlight through an additional skylight. It includes separate access to the garden as well. The semi below grade unit has one bedroom plus an oversized home office or second living space which can effectively be used as a sleeping space.



All units have stainless steel appliances, central heat / AC, washer / dryers and have access to a well-maintained grassy communal backyard. Units are currently occupied with month-to month tenants who would prefer to remain.

Last Agent to Sell the Property

Ildiko Gugan

Compass License #10301213010 Listed on: 10/26/2022

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 3 Units
  • Flatbush Subdivision

Listing and Financial Details

  • Tax Block 04948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Flatbush
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 3000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 2

Tax Info

  • Tax Block: 04948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
May 4, 2023
Sold by
David Velasquez Administrator and Estate Of Theresa Velasquez
Bought by
Fequiere Edward and Hirsch Norma
Seller's Agent
Ildiko Gugan
Compass
List Price
$1,249,000
Sold Price
$1,225,000
Premium/Discount to List
-$24,000
-1.92%
Views
54
Current Estimated Value
$1,192,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,867
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,121,793
Outstanding Balance
$1,093,143
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,990

Purchase Details

Closed on
Jan 19, 2018
Sold by
222 Rbn Holdings Llc
Bought by
Velasquez Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,001,754
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2017
Sold by
Clarke Ronald W
Bought by
222 Rbn Holdings Llc

Purchase Details

Closed on
May 7, 1999
Sold by
Harding Mervin E and Harding Michelle A
Bought by
Clarke Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,367
Interest Rate
7.83%
Mortgage Type
FHA
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
Fequiere Edward $1,225,000 --
Velasquez Theresa $1,050,000 --
222 Rbn Holdings Llc $235,000 --
Clarke Ronald W $250,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fequiere Edward $1,121,793
Previous Owner Velasquez Theresa $1,001,754
Previous Owner Clarke Ronald W $460,000
Previous Owner Clarke Ronald W $391,000
Previous Owner Clarke Ronald W $336,000
Previous Owner Clarke Ronald W $239,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $1,225,000 -1.9% $408 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $1,249,000 0.0% $416 / Sq Ft
01/19/2023 01/19/23 For Sale $1,249,000 +2.0% $416 / Sq Ft
12/16/2022 12/16/22 Off Market $1,225,000 -- --
12/16/2022 12/16/22 Off Market $1,295,000 -- --
10/26/2022 10/26/22 For Sale $1,295,000 -- $432 / 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 $7,331 $63,120 $20,040 $43,080
2024 $7,331 $49,860 $20,040 $29,820
2023 $6,993 $48,540 $20,040 $28,500
2022 $6,676 $53,160 $20,040 $33,120
2021 $7,037 $51,960 $20,040 $31,920
2020 $5,278 $43,740 $20,040 $23,700
2019 $6,363 $40,020 $20,040 $19,980
2018 $5,850 $28,696 $10,733 $17,963
2017 $5,681 $27,867 $14,634 $13,233
2016 $5,571 $27,867 $18,073 $9,794
2015 $3,171 $26,868 $16,204 $10,664
2014 $3,171 $25,348 $13,223 $12,125
Source: Public Records

Agents Affiliated with this Home

  • Ildiko Gugan

    Seller's Agent in 2023

    Ildiko Gugan

    Compass

    (646) 256-1500

    1 in this area

    5 Total Sales

    Ildiko Gugan
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10845838

Real Estate Board of New York (REBNY)

APN: 04948-0037

New York Kings County Brooklyn 11226 Flatbush

370 E 32nd St, Brooklyn, NY

This home is located at 370 E 32nd St, Brooklyn, NY 11226 since 26 October 2022 and is currently estimated at $1,192,133, approximately $397 per square foot. 370 E 32nd St is a home located in Kings County with nearby schools including Middle School 246 Walt Whitman, Central Brooklyn Ascend Charter, and Flatbush Ascend Charter School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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