M
Seller's Agent in 2021
Mei-Chau Kwok
Find Properties
(646) 258-2171
1 in this area
1 Total Sale
425 60th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,591,000 - $1,879,000
9
Beds
3
Baths
3,156
Sq Ft
$551/Sq Ft
Est. Value
About This Home
As of December 2021Sunset Park legal 3-family townhouse, 20' x 55' building size with a 20' x 40' backyard. 3 full floors with 9' ceiling height and basement with windows in the front, and ready to be finished. Duplex with first floor to create over 2000 sqft of living space plus a backyard with 800 sqft of outdoor space. Two floor thru apartments on 2nd and 3rd floors, both are 3BR/1BA apartments.
Interior stairs go all the way up to the roof which can be finished to provide outdoor space for your tenants to increase rental value. This property is just one block to 59th Street subway station, from there it's one stop to Industry City, two stops to Barclays Center and 35 mins to Midtown Manhattan. Bush Terminal Park is just 8 minutes by bike or one stop on the local train, where you can go to relax and enjoy the waterfront and a view of Lady Liberty. Plans are already in place to add 2.5 acres of public open space in Bush Terminal Park, next to Made in NY campus which will be a hub for garment manufacturing and TV and film production. For all your grocery shopping, Sunset Park's 8th Ave is just a 10 minute walk, or a 5 minute ride on the B9 Bus across the street. This location is truly convenient to all!
Last Agent to Sell the Property
Find Properties License #10401307734 Listed on: 05/13/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 20.0 x 100.17
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,156 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Community Details
- 3 Units
- Sunset Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2021
Closed on
Dec 10, 2021
Sold by
L & C425 Llc
Bought by
Lin Peixin and Wang Yun Ying
Seller's Agent
Mei-Chau Kwok
Find Properties
List Price
$1,495,000
Sold Price
$1,520,000
Premium/Discount to List
$25,000
1.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,885
Avg. Annual Appreciation
3.30%
Original Mortgage
$912,000
Outstanding Balance
$838,801
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$898,620
Purchase Details
Closed on
Feb 5, 2021
Sold by
Tom Chor Eng As Trustee
Bought by
Eng Bob K
Purchase Details
Closed on
Jan 26, 2021
Sold by
Eng Ben C
Bought by
Yeung Karen
Purchase Details
Closed on
Sep 17, 2020
Sold by
Eng Ben C and Eng Bob K
Bought by
L & C425 Llc
Purchase Details
Closed on
Aug 16, 2010
Sold by
Eng Lai Wah Lee
Bought by
Lai Wah Lee Eng Irrevocable Trust Dated
Purchase Details
Closed on
Jul 31, 2009
Sold by
Eng Chee Sam
Bought by
Eng Lai Wah Lee
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Peixin | $1,520,000 | -- | |
| Eng Bob K | $250,000 | -- | |
| Yeung Karen | $250,000 | -- | |
| L & C425 Llc | -- | -- | |
| Eng Ben C | -- | -- | |
| Lai Wah Lee Eng Irrevocable Trust Dated | -- | -- | |
| Eng Lai Wah Lee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Peixin | $912,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2021 12/12/21 | Sold | $1,520,000 | +1.7% | $482 / Sq Ft |
| 05/22/2021 05/22/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $1,495,000 | -- | $474 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $9,269 | $94,200 | $16,380 | $77,820 |
| 2024 | $9,269 | $92,040 | $16,380 | $75,660 |
| 2023 | $8,870 | $99,540 | $16,380 | $83,160 |
| 2022 | $8,226 | $83,040 | $16,380 | $66,660 |
| 2021 | $8,332 | $79,680 | $16,380 | $63,300 |
| 2020 | $4,023 | $74,940 | $16,380 | $58,560 |
| 2019 | $8,045 | $76,980 | $16,380 | $60,600 |
| 2018 | $7,419 | $36,396 | $6,118 | $30,278 |
| 2017 | $7,000 | $34,338 | $7,324 | $27,014 |
| 2016 | $6,595 | $32,992 | $8,900 | $24,092 |
| 2015 | $3,907 | $32,048 | $10,095 | $21,953 |
| 2014 | $3,907 | $32,048 | $10,227 | $21,821 |
Source: Public Records
Agents Affiliated with this Home
-
Mei-Chau Kwok
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10718005
APN: 00863-0069
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