NOT LISTED FOR SALE

Estimated Value: $815,000 - $1,008,000

3 Beds
2 Baths
1,095 Sq Ft
$250/mo HOA Fee

Last Sold December 07, 2022

Last sale price $800,000 $731 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,865/month

57 Days on Market

About This Home

As of December 2022

Welcome to 422 49th Street #4F, a spacious 3 bedroom, 2 full bath duplex in Sunset Park, Brooklyn. This top floor penthouse building has a balcony overlooking a tranquil view and is perfect for summer grilling or some gardening. The north facing windows get plenty of sunlight while looking out onto the tree lined street of 49th Street in Sunset Park. The second floor duplex also has a small kitchen separate from the bedroom.



This lovely home is nestled in the heart of Sunset Park. Just several minutes away , you will find Industry City, a hub of iconic waterfront buildings, and a destination for exploring new food + creative shopping experiences. You can also walk a few blocks right to the Park that is great for a relaxing stroll and amazing view of the river and Statue of Liberty. You're only 4 blocks away from 45th Street or 53rd Street on the R line.



Built in 2004, the tax abatement is still in effect keeping the property tax at just $5 a month! Common charges are incredibly low at $250 a month as well.



Living and bedrooms are virtually staged.

Last Agent to Sell the Property

Daniel Chen

Corcoran Group License #10301217410 Listed on: 08/01/2022

Corcoran Group

Co-Listed By

Taraneh Partovi

Corcoran Group License #10401344233

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $58

Year Built

  • Built in 2003 | Newly Remodeled

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 4-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 8 Units
  • Sunset Park Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$58

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Cross Street: 4 AVENUE and 5 AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 250.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 8
  • Total Stories: 4
  • Year Built: 2003

Tax Info

  • Tax Block: NA
  • Tax Annual: 60.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Dec 6, 2022
Sold by
Kwong Wing Hou and Zhong Jin
Bought by
Ahn Jessica T and Ahn John K
Seller's Agent
Daniel Chen
Corcoran Group
List Price
$800,000
Sold Price
$800,000
Views
14
Current Estimated Value
$872,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,082
Avg. Annual Appreciation
3.05%
Original Mortgage
$480,000
Outstanding Balance
$465,936
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,146

Purchase Details

Closed on
May 8, 2006
Sold by
Liu Lewis Y
Bought by
Kwong Wing Hou and Zhong Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
422 Sunshine Court Llc
Bought by
Liu Yingxi Lewis and Xu You Shi
Source: Public Records

Range of Values:

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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
Ahn Jessica T $800,000 --
Kwong Wing Hou $210,000 --
Liu Yingxi Lewis $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahn Jessica T $480,000
Previous Owner Kwong Wing Hou $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2023 03/05/23 Off Market $800,000 -- --
12/07/2022 12/07/22 Sold $800,000 0.0% $731 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $800,000 0.0% $731 / Sq Ft
08/10/2022 08/10/22 Off Market $800,000 -- --
08/01/2022 08/01/22 For Sale $800,000 -- $731 / 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 $58 $115,898 $587 $115,311
2024 $58 $96,604 $587 $96,017
2023 $57 $80,503 $587 $79,916
2022 $57 $79,134 $587 $78,547
2021 $56 $93,084 $587 $92,497
2020 $57 $102,014 $587 $101,427
2019 $58 $97,907 $587 $97,320
2018 $59 $52,569 $265 $52,304
2017 $59 $48,675 $286 $48,389
2016 $60 $45,072 $314 $44,758
2015 $47 $45,072 $377 $44,695
2014 $47 $43,673 $375 $43,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10814802

Real Estate Board of New York (REBNY)

APN: 00783-1007