NOT LISTED FOR SALE

Estimated Value: $1,422,540 - $1,549,000

8 Beds
3 Baths
2,832 Sq Ft
$528/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,420,000 $501 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,659/month

Highlights

  • Wood Flooring
  • 1-minute walk to 59 Street (N,R Line)
  • Laundry Facilities
  • Junior High School 227 Edward B Shallow Rated A-
  • Heating System Uses Steam
  • Back Yard

About This Home

As of December 2023

Great Opportunity to own this 2 Family Barrel Front Brick House In The Heart of Sunset Park. House Is 3 Stories of Living Space Plus Basement And Is Built 20’ x 47’ and Lot Size 20’ x 100’17” in R6B Zoning. First and 2nd Floors are Duplex. On the First Floor There Is a Well Pointed Kitchen and Dinein Area, Living Rooms, 2 Bedrooms and a Full Bath. Moving To The Second Floor There’s 3 Bedroom, A Recreation Room and An Additional Living Room, Which Makes This Unit Features 5 Bedrooms in Total. The Third Floor Consists of Three Bedrooms, Living Room, Kitchen, and 1 Full Bath. Amenities Include Hardwood Floors, and a Nice Sized Beautiful Backyard for Gardening. This Highly Sought After Neighborhood Near Abundance of Restaurants, Supermarkets, shops, Parks and all that 5th Avenue has to offer, And Just Minutes Away From Public Transportation R Line and Buses.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 06/07/2023

RE/MAX Edge

Last Buyer's Agent

Ping Chen

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 2,832 Sq Ft Home
  • 3-Story Property
  • Basement Cellar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 863

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 47.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 2832
  • Building Stories: 3
  • Street Name I D X: 59th
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete, Slab Concrete
  • Lot Number: 22
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

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

Tax Info

  • Flip Tax Amount: 6327.04

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Dec 1, 2023
Sold by
Josefina Latorre Trust and La Torre As Trustee Josefina
Bought by
Zheng Tian Liang and Zheng Yan Qin
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Ping Chen
RE/MAX Edge
List Price
$1,548,000
Sold Price
$1,420,000
Premium/Discount to List
-$128,000
-8.27%
Current Estimated Value
$1,548,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,080
Avg. Annual Appreciation
2.43%
Original Mortgage
$710,000
Outstanding Balance
$698,855
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$796,280
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
Zheng Tian Liang $1,420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Tian Liang $710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $1,420,000 -2.1% $501 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,450,000 -6.3% $512 / Sq Ft
06/07/2023 06/07/23 For Sale $1,548,000 -- $547 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,340 $90,060 $16,380 $73,680
2024 $7,340 $86,100 $16,380 $69,720
2023 $6,723 $91,260 $16,380 $74,880
2022 $6,214 $86,880 $16,380 $70,500
2021 $6,174 $80,520 $16,380 $64,140
2019 $6,078 $92,880 $16,380 $76,500
2018 $5,564 $28,753 $5,282 $23,471
2017 $5,233 $27,139 $6,221 $20,918
2016 $4,811 $25,618 $7,885 $17,733
2015 $2,868 $25,603 $8,338 $17,265
2014 $2,868 $25,380 $9,057 $16,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474597

Brooklyn Board of REALTORS®

APN: 00863-0022