NOT LISTED FOR SALE

522 Midwood St Brooklyn, NY 11225

East Flatbush Neighborhood

Estimated Value: $1,251,000 - $1,643,000

Studio
6.5 Baths
4,400 Sq Ft
$341/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2022

Last sale price $1,450,000 $330 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,690 / mo

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Back Yard
  • Multiple cooling system units
  • Private Driveway
  • 2-minute walk to George Wingate Park

About This Home

As of September 2022

New to the market. This 3 family property is located in the Wingate neighborhood on a quiet street. The 1st floor, which is duplexed with the basement, features a Living Room / Dining Room combo, Kitchen, 2 bedrooms and 2 bathrooms. The Basement Duplex has Great Storage, a Laundry area, a Bathroom and direct access to the spacious backyard. The 2nd floor and 3 floor Rental are identical and features a Living Room / Dining Room, Great Sized Kitchen, and 2 Bedrooms plus 2 Full Baths with Lots of Closet Space. Close proximity to Shopping, Restaurants, Kings County Hospital & Downstate Medical Center, buses and 2/5 trains. Must see. Investors are welcomed!

Last Agent to Sell the Property

Gerald Magny

RE/MAX Edge License #10401346392 Listed on: 04/29/2022

RE/MAX Edge

Co-Listed By

George Adjami

RE/MAX Edge

RE/MAX Edge

Last Buyer's Agent

George Adjami

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,400 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 4803

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 7.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kingston Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Fill Sq Ft Total: 4400
  • Building Stories: 3
  • Street Name I D X: Midwood
  • Year Built: 2004
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Basement Half Bathrooms: 1
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 34
  • Roof: Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Multi Family

  • Unit Count: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Sep 23, 2022
Sold by
Bought by
Seller's Agent
Gerald Magny
RE/MAX Edge
Buyer's Agent
George Adjami
RE/MAX Edge
Sold Price
$1,450,000
Current Estimated Value
$1,500,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,612
Avg. Annual Appreciation
0.92%
Original Mortgage
$1,000,000
Outstanding Balance
$948,547
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$552,065

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.06%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 --
$1,450,000 --
$775,000 --
$775,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,000,000
Previous Owner $55,000
Previous Owner $620,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2022 09/24/22 Sold $1,450,000 -- $330 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,211 $73,800 $20,040 $53,760
2025 $6,803 $81,660 $20,040 $61,620
2024 $6,803 $88,740 $20,040 $68,700
2023 $6,878 $79,680 $20,040 $59,640
2022 $6,423 $86,880 $20,040 $66,840
2021 $6,378 $67,080 $20,040 $47,040
2020 $2,982 $74,100 $20,040 $54,060
2019 $5,611 $58,920 $20,040 $38,880
2018 $3,229 $28,224 $10,071 $18,153
2017 $2,379 $28,011 $10,917 $17,094
2016 $1,516 $26,426 $13,900 $12,526
2015 $1,036 $24,931 $18,247 $6,684
2014 $1,036 $23,520 $20,640 $2,880
Source: Public Records

Agents Affiliated with this Home

  • Gerald Magny

    Seller's Agent in 2022

    Gerald Magny

    RE/MAX Edge

    (347) 595-5799

    1 in this area

    20 Total Sales

    Gerald Magny
    Section Image
  • George Adjami

    Seller Co-Listing Agent in 2022

    George Adjami

    RE/MAX

    (646) 657-5595

    1 in this area

    3 Total Sales

    George Adjami
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 461105

Brooklyn Board of REALTORS®

APN: 04803-0034

New York Kings County Brooklyn 11203 East Flatbush

522 Midwood St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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