NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,136,000

5 Beds
4 Baths
2,169 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,075,000 $496 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,076/month

145 Days on Market

Highlights

  • New Construction
  • Skylights
  • Forced Air Heating and Cooling System
  • P.S. 108 - Sal Abbracciamento Rated 9+
  • Eat-In Kitchen
  • 1-minute walk to Highland Park

About This Home

As of May 2024

Seller willing to contribute 2% towards rate buydown/closing costs. Welcome home to this brand new 2 family home conveniently located in the heart of Cypress Hills on a quiet block! Everything is new including 2 open layout kitchens, 5 bedrooms, 4 bathrooms, outside entrance basement w/ high ceilings, hardwood floors, stainless steel appliances and huge backyard! Also featuring Vaulted ceilings, sprinkler system, central AC and Laundry in both units! Close to all, including Subway, transportation, parks, shopping, restaurants, gym and more! Come see your new home today!

Last Agent to Sell the Property

John McSherry

Douglas Elliman Real Estate Brokerage Phone: 516-307-9406 License #10301218116 Listed on: 08/04/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Ramon DeJesus

Ultimate Choice Realty Inc License #31DE0925196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,358 Sq Ft Lot
  • Lot Dimensions are 23x102.5
  • No Common Walls

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,169 Sq Ft Home
  • Skylights
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Academy For Young Writers Middle School
  • Academy For Young Writers High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 49 / 3912
  • Assessor Parcel Number 03912-0049

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,580

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: New
  • Year Built: 2023
  • New Construction: Yes
  • Attribution Contact: 516-307-9406
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Bilco Door(s), Full
  • Total Bedrooms: 5
  • Living Area: 2169
  • Window Features: Skylight(s)
  • SquareFootage: 2169.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Security: Fire Splinkler System
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy For Young Writers

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 23x102.5
  • Lot Size Sq Ft: 2358
  • Lot Size Units: Acres
  • Parcel Number: 03912-0049
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-07

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 3580
  • Tax Block: 3912
  • Tax Lot: 49
  • Tax Map Number: 03912-0049

MLS Schools

  • High School: Academy For Young Writers
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
May 15, 2024
Sold by
238 Cambria Llc
Bought by
Rodriguez Leandry R
Seller's Agent
John McSherry
Douglas Elliman Real Estate
Buyer's Agent
Ramon DeJesus
Ultimate Choice Realty Inc
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%
Views
295
Current Estimated Value
$1,051,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,148
Avg. Annual Appreciation
-1.39%
Original Mortgage
$734,000
Outstanding Balance
$722,354
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,498

Purchase Details

Closed on
Aug 31, 2021
Sold by
Delikat Holding Corp
Bought by
238 Cambria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2017
Sold by
Starland 1 Corp
Bought by
Delikat Holding Corp

Purchase Details

Closed on
Dec 15, 2014
Sold by
Estate Of Edwin Velez and Estate Of Edwin Luis Velez
Bought by
Starland 1 Corp

Purchase Details

Closed on
Mar 23, 2007
Sold by
Velez Edwin and Velez Evelisa
Bought by
Velez Edwin

Purchase Details

Closed on
Nov 10, 1998
Sold by
Calvo Luis and Sanchez Ada
Bought by
Velez Edward L and Velez Evelisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Leandry R $970,000 --
Rodriguez Leandry R $970,000 --
Rodriguez Leandry R $970,000 --
238 Cambria Llc $435,000 --
238 Cambria Llc $435,000 --
238 Cambria Llc $435,000 --
Delikat Holding Corp -- --
Delikat Holding Corp -- --
Delikat Holding Corp -- --
Starland 1 Corp $94,500 --
Starland 1 Corp $94,500 --
Starland 1 Corp $94,500 --
Velez Edwin -- --
Velez Edwin -- --
Velez Edward L $145,000 Stewart Title Insurance Co
Velez Edward L $145,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Leandry R $734,000
Closed Rodriguez Leandry R $734,000
Previous Owner 238 Cambria Llc $369,750
Previous Owner Velez Edward L $143,814
Closed Velez Edwin $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $1,075,000 -6.4% $496 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $1,149,000 -4.2% $530 / Sq Ft
08/04/2023 08/04/23 For Sale $1,199,000 -- $553 / Sq Ft
Source: OneKey® MLS

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 $6,511 $56,520 $13,440 $43,080
2024 $6,511 $50,400 $13,440 $36,960
2023 $3,580 $35,820 $13,440 $22,380
2022 $3,482 $29,340 $13,440 $15,900
2021 $3,463 $27,300 $13,440 $13,860
2020 $3,267 $25,980 $13,440 $12,540
2019 $3,073 $25,980 $13,440 $12,540
2018 $2,994 $14,688 $8,104 $6,584
2017 $2,963 $14,534 $6,986 $7,548
2016 $2,741 $13,712 $8,751 $4,961
2015 $1,434 $12,938 $9,284 $3,654
2014 $1,434 $12,240 $7,470 $4,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3495893

OneKey® MLS

APN: 03912-0049