NOT LISTED FOR SALE

403 E 3rd St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,632,000 - $2,169,391

7 Beds
4.5 Baths
2,910 Sq Ft
$646/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $1,375,000 $473 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,574/month

68 Days on Market

About This Home

As of January 2022

HUGE two-family, fully-detached house on tree-lined Kensington block with legal curb cut!

Bring your architect or contractor and make this house your own! At almost 3,000 square feet, the house is currently configured as a four bedroom, two full bath duplex with terrace, over a three bedroom one-and-a-half bath floor thru, with access to the ample yard. The house also includes a basement with an additional bath, an attic and lovely front porch. Original details include a mantle in the upstairs living room and stained glass window. The lot is 30' x 100' and the house is 22' x 49', with over 800 square feet of additional buildable space! Keep the house as a large two-family or make it an enormous single-family home! The house, which is in need of TLC and updating, has considerable potential value once renovated as other houses have been on the block!

403 East 3rd street is conveniently located one-and-a-half blocks from the shops and restaurants on Church Avenue, such as Thai Farm Kitchen and Angelica's Coffee Shop, as well as two blocks to the F/G subway (both express and local) and several bus lines. It is also only a few blocks to the shops and restaurants on Ft Hamilton Parkway (Hamilton's, Brancaccio's and Batata to name a few), Greenwood Playground, the Windsor Terrace Branch Library, the Parade Grounds and Prospect Park! Showings by appointment only.

Last Agent to Sell the Property

Robin Tygar

Corcoran Group License #10401283758 Listed on: 10/06/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 2,910 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 7 Bedrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2910.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 12, 2022
Sold by
Brown Tzipporah and Rosenfeld Zalman L
Bought by
Jafar Syed Abu and Musa Syed A
Seller's Agent
Robin Tygar
Corcoran Group
List Price
$1,350,000
Sold Price
$1,375,000
Premium/Discount to List
$25,000
1.85%
Current Estimated Value
$1,880,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,848
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,031,250
Outstanding Balance
$952,221
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$928,627

Purchase Details

Closed on
Jan 11, 2011
Sold by
Rosenblatt Miriam and Rosenblatt Yechiel M
Bought by
Brown Tzipporah and Rosenfeld Zalman L

Purchase Details

Closed on
Jul 8, 2003
Sold by
Rosen Myra and Rosen Wayne
Bought by
Rosenblatt Miriam and Rosenblatt Yechiel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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
Jafar Syed Abu $1,375,000 --
Jafar Syed Abu $1,375,000 --
Jafar Syed Abu $1,375,000 --
Brown Tzipporah $650,000 --
Brown Tzipporah $650,000 --
Rosenblatt Miriam $469,000 --
Rosenblatt Miriam $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jafar Syed Abu $1,031,250
Closed Jafar Syed Abu $1,031,250
Previous Owner Rosenblatt Miriam $375,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2022 01/12/22 Sold $1,375,000 +1.9% $473 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,350,000 -- $464 / 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 $8,636 $133,860 $27,600 $106,260
2024 $8,636 $129,600 $27,600 $102,000
2023 $8,295 $114,540 $27,600 $86,940
2022 $7,988 $97,740 $27,600 $70,140
2021 $7,992 $87,300 $27,600 $59,700
2020 $3,973 $81,960 $27,600 $54,360
2019 $7,495 $87,480 $27,600 $59,880
2018 $6,939 $34,038 $14,299 $19,739
2017 $6,797 $33,343 $15,461 $17,882
2016 $6,327 $31,648 $15,422 $16,226
2015 $3,574 $31,648 $20,628 $11,020
2014 $3,574 $29,859 $22,471 $7,388
Source: Public Records

Agents Affiliated with this Home

  • Robin Tygar

    Seller's Agent in 2022

    Robin Tygar

    Corcoran Group

    (917) 951-9090

    6 in this area

    20 Total Sales

    Robin Tygar
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10753343

Real Estate Board of New York (REBNY)

APN: 05355-0074

New York Kings County Brooklyn 11218 Kensington

403 E 3rd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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