$780,000
SOLD JAN 23, 2025
1 Bed
1 Bath
557 Sq Ft
1990 Built

Recently Sold

$1,400 Per Sq Ft

8% Below List Price

Highlights

  • Elevator
  • 2-minute walk to East Broadway
  • 3-minute walk to Captain Jacob Joseph Playground
  • P.S. 42 Benjamin Altman Rated A

About This Home

As of January 2025

Great Location come and see

Last Agent to Sell the Property

FengZhen (Cindy) Chen

E House Realty & Mgt. Inc. Listed on: 03/02/2024

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1990

Home Design

  • 557 Sq Ft Home

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Block 297

Community Details

Overview

  • 700 Units
  • Association Phone (646) 649-3706
  • Condo
  • Property managed by Division PM

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,114

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 1
  • Borough: Manhattan
  • Confirmed By M L S Y N: Yes
  • Cross Street: Essex St
  • Cross Street Name2: Ludlow St
  • Down Payment Required: 40
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 294.00
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Elevator, Refrigerator, Stove
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 557
  • Street Name I D X: Hester
  • Street Number I D X: 48
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 6
  • Room Count: 5
  • Total Rooms: 3
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1106

Utilities

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

Condo/Co-op/Association

  • Management Company: Division PM
  • Manager Phone: 646-649-3706
  • Units In Building: 700

Lot Info

  • Building Project Name: Condo

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 8114.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jan 23, 2025
Sold by
Cheng Ming-Kei
Bought by
Tamarkin Mikhail
Seller's Agent
FengZhen (Cindy) Chen
E House Realty & Mgt. Inc.
Buyer's Agent
NON MEMBER
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Views
97
Current Estimated Value
$803,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,119
Avg. Annual Appreciation
3.30%
Original Mortgage
$510,000
Outstanding Balance
$507,714
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,643

Purchase Details

Closed on
Apr 29, 2019
Sold by
Cheng Cui Xia Lin and Cheng Ming Kei
Bought by
Cheng Ming-Kei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2011
Sold by
Cheng Cui Xia Lin
Bought by
Cheng Cui Xia Lin and Cheng Ming Kei

Purchase Details

Closed on
Aug 20, 2007
Sold by
Cheng Cheong Hoi and Cheng Cui Xia
Bought by
Cheng Cui Xia Lin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $780,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 Purchase Money Mortgage
Previous Owner $370,000 New Conventional
Previous Owner $171,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $780,000 -8.2% $1,400 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $850,000 -- $1,526 / Sq Ft
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 $10,262 $83,710 $8,918 $74,792
2024 $10,262 $82,079 $8,918 $73,161
2023 $8,114 $80,172 $8,918 $71,254
2022 $8,002 $80,950 $8,918 $72,032
2021 $9,394 $78,517 $8,918 $69,599
2020 $7,734 $88,054 $8,918 $79,136
2019 $7,250 $81,587 $8,918 $72,669
2018 $8,507 $82,178 $8,918 $73,260
2017 $7,771 $71,332 $8,918 $62,414
2016 $7,214 $62,699 $8,918 $53,781
2015 $3,316 $60,114 $8,917 $51,197
2014 $3,316 $60,838 $8,917 $51,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 480261

Brooklyn Board of REALTORS®

APN: 0297-1129