NOT LISTED FOR SALE

Estimated Value: $1,292,000 - $1,602,000

11 Beds
3.5 Baths
2,880 Sq Ft
$509/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $1,420,000 $493 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,651/month

Highlights

  • Back Yard
  • IS 220 John J. Pershing Rated A
  • 1-minute walk to 59 Street (N,R Line)

About This Home

As of March 2022

Introducing an opportunity to own a 2-family home located in the coveted area of Sunset Park, Brooklyn. The property features a finished basement that has a half bathroom. The first level features 4 bedrooms, 2 full bathrooms, a living room, a dining room, and a kitchen. The second level features 3 bedrooms, 1 full bathroom, a living room, a dining room, and a kitchen. The third level features 4 bedrooms, 1 full bathroom, a living room, a dining room, and a kitchen. The property also has a spacious backyard perfect for family activities throughout the seasons. The property is located near the popular 8th Avenue featuring an abundance of restaurants, shops, supermarkets, and much much more. There are also multiple public transportation options nearby providing an easy commute around the city.

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC Listed on: 08/24/2021

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1910

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,541

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Av
  • Cross Street Name2: 5th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2880
  • Building Stories: 3
  • Street Name I D X: 58th
  • Street Number I D X: 417
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 11
  • Flooring: Other
  • Lot Sq Ft: 2003
  • Total Rooms: 20

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 68
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 7541.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Mar 11, 2022
Sold by
Xing Rong Property Llc
Bought by
Chen Jing Jing and Zhang Xiu Min
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
Sold Price
$1,420,000
Current Estimated Value
$1,465,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,278
Avg. Annual Appreciation
0.92%
Original Mortgage
$820,000
Outstanding Balance
$768,301
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$696,977

Purchase Details

Closed on
Jan 6, 2016
Sold by
Aviles Milagros
Bought by
Xing Rong Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Jing Jing $1,415,000 --
Xing Rong Property Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jing Jing $820,000
Previous Owner Xing Rong Property Llc $700,000
Previous Owner Aviles Milagros $111,297
Previous Owner Aviles Milagros $275,000
Previous Owner Aviles Milagros $50,000
Previous Owner Aviles Milagros $200,000
Previous Owner Aviles Milagros $70,000
Previous Owner Aviles Rafael $35,000
Previous Owner Aviles Rafael $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $1,420,000 -- $493 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,009 $102,240 $16,380 $85,860
2024 $8,009 $81,660 $16,380 $65,280
2023 $7,640 $78,720 $16,380 $62,340
2022 $5,603 $81,180 $16,380 $64,800
2021 $7,541 $84,180 $16,380 $67,800
2020 $5,655 $85,140 $16,380 $68,760
2019 $6,952 $80,100 $16,380 $63,720
2018 $6,391 $31,351 $6,681 $24,670
2017 $6,357 $31,185 $7,094 $24,091
2016 $5,969 $29,859 $9,108 $20,751
2015 $3,110 $29,354 $9,037 $20,317
2014 $3,110 $27,693 $9,083 $18,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 455028

Brooklyn Board of REALTORS®

APN: 00847-0068