NOT LISTED FOR SALE

Estimated Value: $457,838 - $602,000

2 Beds
1 Bath
563 Sq Ft
2007 Built

Sale Details

Date Sold: September 26, 2023

Last sale price $475,000 $844 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,846 / mo

About This Home

As of September 2023

Introducing this cozy condo with an elevator in Sunset Park! This 563 sqft space features 2 bedrooms, a living/dining room combo, kitchen, and a full bath. This apartment is well kept and well maintained. The common maintenance fee is $336.93/month and includes cold/hot water and heat. SUPER LOW property tax at $181 due to abatement until 2032 (10 years left). Conveniently located between 4th and 5th ave near many eateries, shopping both retail and grocery, places of worship, public playgrounds (Sunset Park & Sunset Pool), and public transportation (B63 Bus & D,N,Q,R,W Trains @ 36th St Station). A good school district with assigned schools like PS 172, PS 131 & JHS 220. How convenient is that? Come see it yourself, call for a showing now!

Last Agent to Sell the Property

Chao Wang

Momentum Real Estate LLC Listed on: 04/24/2023

Last Buyer's Agent

Guang (King) Lin

Momentum Real Estate LLC

Range of Values:

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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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $243

Year Built

  • Built in 2007

Home Design

  • 563 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • 31 Units
  • Association Phone (212) 693-2828
  • 42Nd St Towers Condominium Condos
  • Property managed by Century 21 New Golden Age Realty Inc

Listing and Financial Details

  • Tax Block 724
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$243

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Ave
  • Cross Street Name2: 5th Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 336.93
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 563
  • Street Name I D X: 42nd
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1015

Utilities

  • Air Conditioning Units: 0
  • Utilities: Heat, Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Century 21 New Golden Age Realty Inc
  • Manager Phone: 212-693-2828
  • Units In Building: 31

Lot Info

  • Building Project Name: 42nd St Towers Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 242.70

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
Apr 24, 2023
Closed on
Sep 25, 2023
Sold by
Chen Cai Qin
Bought by
Seller's Agent
Chao Wang
Momentum Real Estate LLC
Buyer's Agent
Guang (King) Lin
Momentum Real Estate LLC
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Views
56
Current Estimated Value
$511,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,960
Avg. Annual Appreciation
2.57%
Original Mortgage
$270,000
Outstanding Balance
$262,234
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,726

Purchase Details

Closed on
Feb 25, 2013
Sold by
Chen Cai Qin and Chen Wen Kai
Bought by
Chen Cai Qin

Purchase Details

Closed on
Jun 12, 2009
Sold by
420 42 Street Realty Llc
Bought by
Chen Wen Kai and Chen Cai Qin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sunset Park, NY

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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
$475,000 --
Chen Cai Qin -- --
Chen Wen Kai $268,000 --
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 $270,000
Previous Owner Chen Cai Qin $3,750
Previous Owner Chen Wen Kai $187,000
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
09/26/2023 09/26/23 Sold $475,000 -4.0% $844 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $495,000 -- $879 / 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 $247 $49,997 $3,251 $46,746
2025 $247 $43,487 $3,251 $40,236
2024 $247 $41,065 $3,251 $37,814
2023 $243 $40,036 $3,251 $36,785
2022 $181 $38,869 $3,251 $35,618
2021 $243 $33,361 $3,251 $30,110
2020 $119 $37,489 $3,251 $34,238
2019 $249 $36,084 $3,251 $32,833
2018 $251 $34,822 $3,250 $31,572
2017 $251 $34,038 $3,251 $30,787
2016 $255 $33,307 $3,251 $30,056
2015 $199 $35,107 $3,251 $31,856
2014 $199 $33,239 $3,251 $29,988
Source: Public Records

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473487

Brooklyn Board of REALTORS®

APN: 00724-1015

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