NOT LISTED FOR SALE

Estimated Value: $775,000 - $818,000

3 Beds
3 Baths
1,364 Sq Ft
$585/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $635,000 $466 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,613/month

38 Days on Market

Highlights

  • Garden
  • 4-minute walk to Newkirk Avenue (2,5 Line)
  • 3-minute walk to Nostrand Playground

About This Home

As of October 2018

This charming 2-family house offers multiple possibilities. It's currently configured as 2 separate units, one a one-bedroom apartment on 2nd floor and the other a 2-bedroom apartment on first floor. Great opportunity for an investor looking to Airbnb either or both of the units. The 1st floor can be made into a duplex connecting with the unfinished basement, or the entire house can be converted into a 1-family home. Handsome decorative fireplace mantle can be found in the first floor living room. Updated kitchens with stainless steel appliances including dishwashers and renovated bathrooms can be found in both units. Bamboo wood floors throughout townhome. Sun streams in through 3 exposures. Sizable private backyard has tons of potential. Located on a lovely, quiet residential block in Flatbush neighborhood in Brooklyn. Two blocks from Newkirk Avenue Station 2/5 subway. 2.5 blocks from Flatbush Avenue YMCA. Great opportunity for either an individual looking to own their own home or as an investment property.

Last Agent to Sell the Property

Jan Rosenberg

Douglas Elliman Real Estate License #10301214884 Listed on: 07/25/2018

Douglas Elliman Real Estate

Co-Listed By

Erika Sackin

Douglas Elliman Real Estate License #10301217308

Property Details

Home Type

  • Multi-Family

Lot Details

  • Garden

Home Design

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Flatbush Subdivision

Listing and Financial Details

  • Tax Block 5230

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Foster Ave.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: FLATBUSH
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 1364.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 5230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Kam512 Realty Llc
Bought by
Osorio John Paul and Osorio Laura
Current Estimated Value
$798,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Outstanding Balance
$706,650
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,822

Purchase Details

Listed on
Jul 25, 2018
Closed on
Oct 16, 2018
Sold by
Kennedy Paul
Bought by
Kam512 Realty Llc
Seller's Agent
Jan Rosenberg
Douglas Elliman Real Estate
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Sule Ogbeide
Bought by
Kennedy Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,690
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bello Bisi and Jones Patricia
Bought by
Sule Ogbeide
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
Osorio John Paul $790,000 --
Osorio John Paul $790,000 --
Kam512 Realty Llc $635,000 --
Kam512 Realty Llc $635,000 --
Kam512 Realty Llc $635,000 --
Kennedy Paul $350,200 --
Kennedy Paul $350,200 --
Kennedy Paul $350,200 --
Sule Ogbeide -- --
Sule Ogbeide -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio John Paul $711,000
Closed Osorio John Paul $711,000
Previous Owner Kennedy Paul $332,690
Closed Sule Ogbeide $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $635,000 +1.6% $466 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $625,000 -- $458 / 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 $5,165 $38,580 $14,220 $24,360
2024 $5,165 $45,420 $14,220 $31,200
2023 $4,928 $52,020 $14,220 $37,800
2022 $4,323 $46,440 $14,220 $32,220
2021 $4,817 $38,880 $14,220 $24,660
2020 $2,377 $36,420 $14,220 $22,200
2019 $4,483 $37,380 $14,220 $23,160
2018 $4,122 $20,220 $8,874 $11,346
2017 $3,889 $19,076 $10,069 $9,007
2016 $3,504 $19,076 $9,538 $9,538
2015 $1,951 $18,931 $13,384 $5,547
2014 $1,951 $17,860 $15,152 $2,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10439610

Real Estate Board of New York (REBNY)

APN: 05230-0079