NOT LISTED FOR SALE
-- Beds
6 Baths
1,660 Sq Ft
2,360 Sq Ft Lot

Sale Details

Date Sold: November 5, 2024

Last sale price $1,390,000 $837 Per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to 59 Street (N,R Line)
  • Back Yard
  • Junior High School 227 Edward B Shallow Rated A-
  • Heating System Uses Steam

About This Home

As of November 2024

Golden Investment Opportunity: Six-Family Brick House at Sunset Park.
Lot Size: 20x118.
Building Size: 20x83.
- Five units with two bedrooms and one living room.
- One unit with one bedroom and one living room.
- Two units will be delivered vacant.
All tenants pay rent on time. The property is in good condition and includes a finished basement with a separate entrance. Conveniently located near N and R subway lines, providing easy access to transportation.

Last Agent to Sell the Property

Selyna Eng

E House Realty & Mgt. Inc. Listed on: 07/05/2024

Last Buyer's Agent

Zi Qiang (Ken) Li

E House Realty & Mgt. Inc.

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 2,360 Sq Ft Lot
  • Lot Dimensions are 118 x 20
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof

Interior Spaces

  • 6 Full Bathrooms
  • 1,660 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 5791

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $6,000
  • Insurance Expense $3,000
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

2,360 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 83.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: 5th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, None
  • Fill Sq Ft Total: 1660
  • Street Name I D X: 62nd
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2360

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 73
  • Roof: Tile

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 6000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 118
  • Lot Size Width: 20

Multi Family

  • Insurance Expense: 3000.00
  • Unit Count: 6
  • Annual Utility Expenses: 1000.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Nov 5, 2024
Sold by
Cheng Kwok Fung
Bought by
Seller's Agent
Selyna Eng
E House Realty & Mgt. Inc.
Buyer's Agent
Zi Qiang (Ken) Li
E House Realty & Mgt. Inc.
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$764,643
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 5, 2024
Closed on
Oct 16, 2024
Sold by
Cheng Kwok Fung and Cheng Yen Tak
Bought by
Cheng Kwok Fung
Seller's Agent
Selyna Eng
E House Realty & Mgt. Inc.
Buyer's Agent
Zi Qiang (Ken) Li
E House Realty & Mgt. Inc.
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$764,643
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2010
Sold by
Cheng Yen Tak and Lau Tak Ying
Bought by
Cheng Kwok Fung

Purchase Details

Closed on
Jan 27, 2005
Sold by
Cheng Kwok Fung and Lau Tak Ying
Bought by
Cheng Yen Tak and Lau Tak Ying

Purchase Details

Closed on
Oct 2, 1997
Sold by
Liang Feng Qun and Yan Bai Ling
Bought by
Lau Tak Ying and Cheng Kwok Fung
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,390,000 --
Cheng Kwok Fung -- --
Cheng Kwok Fung -- --
Cheng Yen Tak -- --
Lau Tak Ying $236,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $780,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $1,390,000 -7.3% $837 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $1,500,000 -- $904 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,577 $616,500 $4,050 $612,450
2025 $18,168 $528,750 $4,050 $524,700
2024 $18,168 $473,400 $4,050 $469,350
2023 $16,510 $536,850 $4,050 $532,800
2022 $11,936 $447,300 $4,050 $443,250
2021 $14,778 $402,750 $4,050 $398,700
2020 $7,265 $459,000 $4,050 $454,950
2019 $14,098 $459,000 $4,050 $454,950
2018 $13,168 $103,532 $731 $102,801
2017 $12,726 $100,054 $821 $99,233
2016 $11,947 $92,671 $904 $91,767
2015 $7,536 $92,671 $1,084 $91,587
2014 $7,536 $85,989 $1,033 $84,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484370

Brooklyn Board of REALTORS®

APN: 05791-0073

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