NOT LISTED FOR SALE

51 E 31st St Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $885,569 - $1,275,000

5 Beds
3.5 Baths
2,048 Sq Ft
$540/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $1,101,000 $538 Per Sq Ft

Current estimated payment $6,317/month

2,107 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Church Avenue (2,5 Line)
  • Heating System Uses Natural Gas
  • Intercom

About This Home

As of August 2020

Welcome to 51 East 31st St. This prime 2 family with finished basement is a tremendous opportunity as a live/work/investment property. The first floor, parlor level is currently situated as 2bed/1bath with access to the garden. 2nd floor, 3bed/1bath, is currently rented but can and/or be delivered vacant. Add in the large finished basement with a bath and a half and W/D, super low taxes and the possibilities are endless.The property can also accommodate an additional 2,820SF of buildable space making it a great potential, new development.This a fantastic opportunity to own in one of Brooklyn's most exciting areas. Shops, transportation, restaurants and entertainment are all within your fingertips.Schedule a private appointment today.Building Class – Two Family (B9)Building SF – 2,048Building Dimensions – 20ft x 50ftYear Built – 1910 (Estimate)Lot SF – 2,000Lot Dimensions – 20ft x 100ftResidential FAR – 2.43Facility FAR – 4.8FAR as Built – 1.02Allowable Useable Floor Area – 4,860Useable Floor Area as Built – 2,040Unused FAR – 2,820Taxes – $6,574

Last Agent to Sell the Property

David Chi

MNS License #10301205194 Listed on: 05/08/2020

Co-Listed By

Nicholas Lounsbury

Compass License #10401300663

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Home Design

  • Pre War Building

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Lot Dimensions are 20.0 x 100.0
  • Heating System Uses Natural Gas

Community Details

  • Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 47 / 4885

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Church Avenue/Snyder Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2048.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 4885
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 24, 2020
Sold by
Pecoraro Carmelo
Bought by
Juhasz Alexandra
Seller's Agent
David Chi
MNS
List Price
$1,101,000
Sold Price
$1,101,000
Current Estimated Value
$1,106,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,392
Avg. Annual Appreciation
0.09%
Original Mortgage
$409,000
Outstanding Balance
$361,994
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$744,398

Purchase Details

Closed on
May 12, 2015
Sold by
Ramnarine Basdai
Bought by
Pecoraro Carmelo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,327
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Juhasz Alexandra $1,101,000 --
Pecoraro Carmelo J $528,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juhasz Alexandra $409,000
Previous Owner Pecoraro Carmelo J $542,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $1,101,000 0.0% $538 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
09/16/2014 09/16/14 For Sale $1,101,000 -- $538 / Sq Ft
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 $7,063 $57,660 $20,040 $37,620
2024 $7,063 $54,060 $20,040 $34,020
2023 $7,142 $49,740 $20,040 $29,700
2022 $6,831 $46,020 $20,040 $25,980
2021 $6,793 $47,940 $20,040 $27,900
2019 $6,130 $39,000 $20,040 $18,960
2018 $5,974 $29,304 $15,941 $13,363
2017 $5,812 $28,513 $16,620 $11,893
2016 $5,378 $26,900 $16,577 $10,323
2015 $3,244 $25,885 $17,133 $8,752
2014 $3,244 $24,420 $19,380 $5,040
Source: Public Records

Agents Affiliated with this Home

  • David Chi

    Seller's Agent in 2020

    David Chi

    MNS

    (646) 286-5755

    147 Total Sales

    David Chi
    Section Image
  • Nicholas Lounsbury

    Seller Co-Listing Agent in 2020

    Nicholas Lounsbury

    Compass

    (978) 394-7602

    41 Total Sales

    Nicholas Lounsbury
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10630468

Real Estate Board of New York (REBNY)

APN: 04885-0047

New York Kings County Brooklyn 11226 Flatbush

51 E 31st St, Brooklyn, NY

Not Listed for Sale

Detached

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