NOT LISTED FOR SALE

Estimated Value: $647,158 - $809,000

4 Beds
2 Baths
1,876 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $620,000 $330 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,530/month

84 Days on Market

About This Home

As of May 2024

Property for sale 2 family home in prime Brooklyn location .

Last Agent to Sell the Property

Derek Cornwall

Fave Realty Inc Brokerage Phone: 516-519-8049 License #10401301694 Listed on: 01/16/2024

Fave Realty Inc

Last Buyer's Agent

Derek Cornwall

Fave Realty Inc Brokerage Phone: 516-519-8049 License #10401301694 Listed on: 01/16/2024

Fave Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Shared Driveway

Schools

  • Acad For College Prep And Career Exp Middle School
  • Acad For College Prep And Career Exp High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 74 / 4606
  • Assessor Parcel Number 04606-0074

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 516-519-8049
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, No Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: None
  • Water Source: Public
  • Hot Water: Indirect Tank

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Acad For College Prep And Career Exp

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 04606-0074
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5835
  • Tax Block: 4606
  • Tax Lot: 74
  • Tax Map Number: 04606-0074

MLS Schools

  • High School: Acad For College Prep And Career Exp
  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
May 20, 2024
Sold by
Cunningham Beniah
Bought by
53 East 52 Llc
Seller's Agent
Derek Cornwall
Fave Realty Inc
Buyer's Agent
Derek Cornwall
Fave Realty Inc
List Price
$615,000
Sold Price
$620,000
Premium/Discount to List
$5,000
0.81%
Views
95
Current Estimated Value
$726,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,540
Avg. Annual Appreciation
14.25%
Original Mortgage
$527,000
Outstanding Balance
$521,048
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,492

Purchase Details

Closed on
Mar 17, 2022
Sold by
Cunningham Patrice
Bought by
Cunningham Beniah

Purchase Details

Closed on
Mar 7, 2016
Sold by
Cunningham Aslet
Bought by
Cunningham Patrice
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
53 East 52 Llc $620,000 --
53 East 52 Llc $620,000 --
Cunningham Beniah -- --
Cunningham Beniah -- --
Cunningham Patrice -- --
Cunningham Patrice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 53 East 52 Llc $527,000
Closed 53 East 52 Llc $527,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $620,000 +0.8% $330 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $615,000 -- $328 / Sq Ft
Source: OneKey® MLS

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 $6,117 $45,960 $16,260 $29,700
2024 $6,117 $49,200 $16,260 $32,940
2023 $5,771 $43,500 $16,260 $27,240
2022 $5,414 $44,160 $16,260 $27,900
2021 $5,392 $47,220 $16,260 $30,960
2020 $5,392 $40,620 $16,260 $24,360
2019 $5,016 $40,620 $16,260 $24,360
2018 $4,583 $23,943 $12,900 $11,043
2017 $4,308 $22,602 $12,949 $9,653
2016 $3,958 $21,349 $12,605 $8,744
2015 $2,352 $21,349 $11,273 $10,076
2014 $2,352 $21,150 $11,220 $9,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3525857

OneKey® MLS

APN: 04606-0074