NOT LISTED FOR SALE

514 Jamaica Ave Unit 2 F Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $971,000 - $1,066,000

2 Beds
1 Bath
-- Sq Ft
2,831 Sq Ft Lot

Highlights

  • No HOA
  • Views
  • 2-minute walk to Highland Park
  • P.S. 108 - Sal Abbracciamento Rated 9+

About This Home

As of April 2024

Welcome to 514 Jamaica Ave, a top floor 2-bed, 1-bathroom in the Cypress Hill area of East New York. Facing Highland Park, you will enjoy abundant natural light with windows in every room. The kitchen features stainless steel appliances, with a pass-through to the dining room which flows seamlessly into a spacious living area. Both bedrooms face the park while the primary can accommodate a queen bed and the second bedroom can hold a full size bed.

Prime location at 514 Jamaica Ave being moments away from Highland Park, 2 blocks away from the North Brooklyn YMCA, convenient access to the J train just 3 blocks away, and local shops on Fulton Street. Call to schedule a tour today.

Last Agent to Rent the Property

Sable Lynch

Bond New York Properties LLC License #10401293641 Listed on: 01/11/2024

Bond New York Properties LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,088

Year Built

  • 1931

Lot Details

  • 2,831

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • No Cooling
  • Property Views

Community Details

  • No Home Owners Association
  • 3 Units
  • East New York Subdivision

Listing and Financial Details

  • Property Available on 1/15/24
  • Legal Lot and Block 0016 / 01824

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,088

Year Built

1931

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-01-15

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: East New York
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1931

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: Park/Greenbelt
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Rental Building
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 2

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 1996
Sold by
Gomez Miguel and Gomez Maria
Bought by
Wallace Cynthia
Current Estimated Value
$1,011,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,550
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1995
Sold by
Gomez Miguel and Gomez Maria
Bought by
Gomez Miguel and Gomez Maria
Source: Public Records

Range of Values:

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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
Wallace Cynthia $188,000 Commonwealth Land Title Ins
Wallace Cynthia $188,000 Commonwealth Land Title Ins
Gomez Miguel $61,000 Chicago Title Insurance Co
Gomez Miguel -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Cynthia D $294,494
Closed Wallace Cynthia D $104,958
Closed Wallace Cynthia D $371,387
Closed Wallace Cynthia $320,000
Closed Wallace Cynthia $34,200
Closed Wallace Cynthia $185,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Rented $2,918 +12.2% --
02/22/2024 02/22/24 Under Contract -- -- --
01/29/2024 01/29/24 For Rent $2,600 -- --
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 $7,088 $67,020 $22,200 $44,820
2024 $7,088 $54,660 $22,200 $32,460
2023 $6,941 $48,300 $22,200 $26,100
2022 $3,064 $52,920 $22,200 $30,720
2021 $3,097 $46,320 $22,200 $24,120
2020 $2,323 $51,060 $22,200 $28,860
2019 $6,103 $46,380 $22,200 $24,180
2018 $5,746 $29,647 $15,581 $14,066
2017 $5,403 $27,975 $14,703 $13,272
2016 $5,062 $26,872 $16,141 $10,731
2015 $2,963 $25,478 $21,112 $4,366
2014 $2,963 $25,478 $18,085 $7,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10946705

Real Estate Board of New York (REBNY)

APN: 03910-0018