$999,000
SOLD MAR 4, 2025
9 Beds
3 Baths
-- Sq Ft
1900 Built

Recently Sold

42 Days on Market

Highlights

  • No HOA
  • No Heating
  • 3-minute walk to Grant Avenue

About This Home

As of March 2025

Welcome to 502 Grant Avenue, a well-maintained two-family home in City Line, Brooklyn with the unique potential for legal conversion into a three-family property.

Built in 1901, this three-floor/two-story residence offers spacious, flexible living arrangements with 3 kitchens, 3 baths, and 9 bedrooms (a kitchen, a bathroom, and multiple bedrooms on every floor).

Set on a charming lot with a generously sized partially shaded backyard, this property provides a rare combination of historic charm and modern versatility, ideal for homeowners or investors looking to customize or expand ones portfolio in one of Brooklyns vibrant neighborhoods.

Last Agent to Sell the Property

Vilius Zagorskis

Home By Choice LLC License #10401384790 Listed on: 10/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 1900

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Heating

Community Details

  • No Home Owners Association
  • Ozone Park Subdivision

Listing and Financial Details

  • Property Available on 5/28/25

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,952

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ozone Park
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 9

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None
  • Heating: None
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: na

Building Info

  • New Construction: No
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-05-28

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000
  • Tax Annual: 5952.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Mar 4, 2025
Sold by
Perez Yeleny M
Bought by
Abdul Kalid Mohammed and Abdul Nurun Nahar
Seller's Agent
Vilius Zagorskis
Home By Choice LLC
List Price
$999,000
Sold Price
$999,000
Views
37
Current Estimated Value
$1,046,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,979
Avg. Annual Appreciation
5.81%
Original Mortgage
$599,400
Outstanding Balance
$595,349
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,630

Purchase Details

Closed on
Jan 30, 2017
Sold by
Perez Arcadia
Bought by
Perez Yeleny M

Purchase Details

Closed on
Jun 12, 2003
Sold by
Delacruz Juan and Perez Arcadia
Bought by
Perez Arcadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Tang Caroline
Bought by
Perez Arcadia and Delacruz Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,918
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Deed $999,000 --
Deed $999,000 --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $135,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $599,400 Purchase Money Mortgage
Closed $599,400 Purchase Money Mortgage
Previous Owner $252,000 Purchase Money Mortgage
Previous Owner $134,918 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $999,000 0.0% --
12/11/2024 12/11/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $999,000 -- --
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 $6,236 $53,700 $14,820 $38,880
2024 $6,236 $60,180 $14,820 $45,360
2023 $5,949 $62,160 $14,820 $47,340
2022 $5,682 $50,280 $14,820 $35,460
2021 $5,990 $46,440 $14,820 $31,620
2020 $2,869 $40,920 $14,820 $26,100
2019 $5,412 $41,520 $14,820 $26,700
2018 $4,976 $24,408 $10,651 $13,757
2017 $4,835 $23,720 $9,404 $14,316
2016 $4,742 $23,720 $10,790 $12,930
2015 $2,699 $22,853 $14,664 $8,189
2014 $2,699 $21,560 $16,229 $5,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11018791

Real Estate Board of New York (REBNY)

APN: 04203-0026