NOT LISTED FOR SALE

523 E 2nd St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,560,000 - $1,896,000

6 Beds
2 Baths
2,470 Sq Ft
$720/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $1,600,000 $648 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,884/month

139 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Ditmas Avenue
  • Formal Dining Room
  • I.S. 223 The Montauk Rated A-
  • Separate Formal Living Room
  • 4-minute walk to Dome Playground

About This Home

As of November 2022

Come see this wonderful 2 family home in the heart of Kensington, Brooklyn. A very spacious 6/6 with 3 bedrooms, one bathroom, a formal living room, a formal dining room on both floors with a bonus area which can be used as you wish. Bonus... The upstairs boasts 2 balconies. There is also a very large unfinished basement which is the length of the home with loads of potential and a shared driveway with your own garage and a fantastic yard perfect for entertaining.

Last Agent to Sell the Property

Elaine Messi

Robert DeFalco Realty, Inc. Listed on: 05/26/2022

Last Buyer's Agent

BROKER NON-MLS

Reliable Sell & Buy Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,491

Year Built

  • Built in 1925

Lot Details

  • 3,092 Sq Ft Lot
  • Lot Dimensions are 30.92x100
  • Back Yard

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 0057 / 05371
  • Assessor Parcel Number 05371-0057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,491

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 30.92x100
  • Park Name: Nancy Aguilar
  • Directions: Ocean Parkway to Avenue C
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Style2: Colonial
  • General Property Info:Public Remarks3: Come see this wonderful 2 family home in the heart of Kensington, Brooklyn. A very spacious 6/6 with 3 bedrooms, one bathroom, a formal living room, a formal dining room on both floors with a bonus area which can be used as you wish. Bonus... The upstairs boasts 2 balconies. There is also a very large unfinished basement which is the length of the home with loads of potential and a shared driveway with your own garage and a fantastic yard perfect for entertaining.
  • ContractLocation Information:List PriceSqFt2: 809.31
  • ContractLocation Information:End Unit: No
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Excellent
  • General Property Info:Fireplace: No
  • General Property Info:Apartment Desc: 6 room apartment with 3 bedrooms and 1 full bath.
  • Appliances Refrigerators: Yes
  • Non Member Non Member Office: EXP NYC
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Dining Room:Formal: Yes
  • Living Room:Formal2: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Lot Features: Back
  • Construction Type: Aluminum Siding, Brick
  • General Property Info:Waterview: No
  • Yard:Back: Yes
  • Siding:Brick: Yes
  • Siding:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage Location: Detached
  • Parking:Off Street: Yes
  • Garage Location:Detached: Yes

Utilities

  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • General Property Info Cable: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 3092.0
  • Lot Size Units: Square Feet
  • Parcel #: 05371-0057
  • Zoning: RES 1-3
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3092.0
  • General Property Info:Lot Dim: 30.92x100

Rental Info

  • General Property Info:Main Unit Rent: 3000.0
  • General Property Info Main Unit Lease: Yes

Tax Info

  • Tax Annual Amount: 7491.0
  • Tax Block: 05371
  • Tax Lot: 0057
  • General Property Info:Taxes2: 7491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Ahad Abdul
Bought by
Ahad Abdul and Sharmin Tanzida
Current Estimated Value
$1,779,127

Purchase Details

Listed on
May 26, 2022
Closed on
Nov 1, 2022
Sold by
Galesi Frank and Pecoraro Silvana
Bought by
Ahad Abdul
Seller's Agent
Elaine Messi
Robert DeFalco Realty, Inc.
Buyer's Agent
BROKER NON-MLS
Reliable Sell & Buy Realty Inc
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$960,000
Outstanding Balance
$928,291
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$850,836

Purchase Details

Closed on
May 14, 1999
Sold by
Galesi Elda
Bought by
Pecoraro Silvana and Galesi Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 1997
Sold by
Mandelli Claudine
Bought by
Galesi Elda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ahad Abdul -- --
Ahad Abdul -- --
Ahad Abdul $1,600,000 --
Ahad Abdul $1,600,000 --
Ahad Abdul $1,600,000 --
Pecoraro Silvana -- Chicago Title Insurance Co
Pecoraro Silvana -- Chicago Title Insurance Co
Galesi Elda -- Chicago Title Insurance Co
Galesi Elda -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahad Abdul $960,000
Closed Ahad Abdul $960,000
Previous Owner Pecoraro Silvana $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2022 11/03/22 Sold $1,600,000 0.0% $648 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $1,600,000 -- $648 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $7,636 $110,700 $26,040 $84,660
2024 $7,636 $92,100 $26,040 $66,060
2023 $7,721 $80,880 $26,040 $54,840
2022 $7,532 $74,340 $26,040 $48,300
2021 $7,491 $77,940 $26,040 $51,900
2019 $6,628 $70,620 $26,040 $44,580
2018 $6,459 $31,683 $10,155 $21,528
2017 $6,410 $31,443 $12,959 $18,484
2016 $5,930 $29,664 $16,505 $13,159
2015 $3,578 $27,986 $17,250 $10,736
2014 $3,578 $26,403 $13,833 $12,570
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elaine Messi

    Robert DeFalco Realty, Inc.

  • B

    Buyer's Agent in 2022

    BROKER NON-MLS

    Reliable Sell & Buy Realty Inc

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1154953

Staten Island Multiple Listing Service

APN: 05371-0057

New York Kings County Brooklyn 11218 Kensington

523 E 2nd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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