NOT LISTED FOR SALE

Estimated Value: $1,641,000 - $1,754,519

8 Beds
4 Baths
3,420 Sq Ft
$502/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,650,000 $482 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,643/month

36 Days on Market

Highlights

  • Heating System Uses Steam
  • IS 220 John J. Pershing Rated A-
  • 2-minute walk to 53 Street

About This Home

As of September 2023

Welcome to this stunning three-family brownstone located in the heart of Sunset Park, one of Brooklyn's most vibrant and sought-after neighborhoods. This beautifully restored property is perfect for investors or those looking for a spacious and elegant living space. As you step into this grand brownstone, you'll immediately appreciate the historic charm of the building, with original details such as ornate moldings, hardwood floors, and exposed brick walls. The first floor features a spacious living room, a large eat-in kitchen, and a dining room, perfect for entertaining guests or hosting family gatherings. The upper floors offer three additional bright and airy Southern facing apartments, each with its own distinct character and charm. The apartments boast spacious bedrooms, modern kitchens, and updated bathrooms, providing a comfortable and stylish living experience. This home also features a spacious backyard, perfect for hosting barbeques, outdoor parties, or just enjoying some fresh air in the heart of Brooklyn. The property is conveniently located near a variety of shopping, dining, and entertainment options, as well as public transportation. It's a short walk to the train and one stop from Industry City. This exquisite home offers a rare opportunity to own a piece of Brooklyn's history, with endless possibilities for rental income or multi-generational living. Don't miss your chance to own this magnificent property - schedule your showing today!

Last Agent to Sell the Property

Ronald Ferrara

Keller Williams Landmark II License #10401255552 Listed on: 04/05/2023

Keller Williams Landmark II

Co-Listed By

Jennifer Blake

Keller Williams Landmark II License #10401325677

Last Buyer's Agent

Ronald Ferrara

Keller Williams Landmark II License #10401255552 Listed on: 04/05/2023

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,570

Year Built

  • Built in 1897

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 20x100.17
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Ps 503 School Of Discovery Elementary School
  • JHS 220 John J Pershing Middle School
  • Fort Hamilton High School

Utilities

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

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 75 / 823
  • Assessor Parcel Number 00823-0075

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,570

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1897
  • New Construction: No
  • Co List Office Mls Id: ONEKLRW01
  • Co List Office Phone: 347-846-1200
  • BuildingSize: 20x40
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Unfinished
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • NumberOfKitchens: 4

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 220 John J Pershing

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100.17
  • Lot Size Sq Ft: 2003
  • Lot Size Units: Acres
  • Parcel Number: 00823-0075
  • Zoning Description: R6B
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-07

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8570.4
  • Tax Block: 823
  • Tax Lot: 75
  • Tax Map Number: 00823-0075
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 503 School Of Discovery (The)
  • High School: Fort Hamilton High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Sep 14, 2023
Sold by
Estate Of Luz M Reynoso and Giovanni Reynoso As Executor
Bought by
Chung Kevin
Seller's Agent
Ronald Ferrara
Keller Williams Landmark II
Buyer's Agent
Ronald Ferrara
Keller Williams Landmark II
List Price
$1,650,000
Sold Price
$1,650,000
Views
77
Current Estimated Value
$1,715,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,880
Avg. Annual Appreciation
1.67%
Original Mortgage
$1,155,000
Outstanding Balance
$1,131,094
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$584,786
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chung Kevin $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Kevin $1,155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $1,650,000 0.0% $482 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,650,000 -- $482 / Sq Ft
Source: OneKey® MLS

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 $8,676 $96,240 $16,380 $79,860
2024 $8,676 $90,840 $16,380 $74,460
2023 $8,676 $90,840 $16,380 $74,460
2022 $6,318 $89,220 $16,380 $72,840
2021 $8,511 $88,200 $16,380 $71,820
2019 $7,530 $85,020 $16,380 $68,640
2018 $7,338 $35,996 $8,942 $27,054
2017 $7,169 $35,167 $7,831 $27,336
2016 $6,738 $33,703 $8,457 $25,246
2015 $4,001 $31,796 $9,673 $22,123
2014 $4,001 $29,997 $9,464 $20,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3469218

OneKey® MLS

APN: 00823-0075