NOT LISTED FOR SALE

53 Lincoln Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $928,323 - $1,231,000

8 Beds
4.5 Baths
1,888 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $975,000 $516 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,015/month

265 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Cypress Hills
  • 1 Car Detached Garage
  • Westridge Elementary School Rated A+
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2020

This home is located at 53 Lincoln Ave, Brooklyn, NY 11208 since 21 May 2019 and is currently estimated at $1,044,331, approximately $553 per square foot. This property was built in 1901. 53 Lincoln Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Westridge Elementary School, and Is 171 Abraham Lincoln.

Last Agent to Sell the Property

Ling Min Jin

Winzone Realty Inc License #10401303900 Listed on: 05/21/2019

Co-Listed By

Angelo Merchan

Winzone Realty Inc License #30ME0714208

Last Buyer's Agent

Dave Sattan

Royal Oak Properties of NY Inc License #31SA1090716

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,106

Year Built

  • Built in 1901

Lot Details

  • 2,125 Sq Ft Lot
  • Lot Dimensions are 25x85
  • 1 Common Wall

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 26 / 4109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,106

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Dryer,Washer
  • Building Size: 20x52
  • Year Built: 1901
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 27

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 25x85
  • Lot Size Sq Ft: 2125.00
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-03-03
  • Tax Annual Amount: 5106.00
  • Tax Block: 4109
  • Tax Lot: 26

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Mar 2, 2020
Sold by
53 Zheng Inc and %
Bought by
Girdhari Indrapaul and Girdhari Naderia
Seller's Agent
Ling Min Jin
Winzone Realty Inc
Buyer's Agent
Dave Sattan
Royal Oak Properties of NY Inc
List Price
$1,089,000
Sold Price
$975,000
Premium/Discount to List
-$114,000
-10.47%
Current Estimated Value
$1,044,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,331
Avg. Annual Appreciation
1.20%
Original Mortgage
$682,500
Outstanding Balance
$605,592
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$438,739

Purchase Details

Closed on
Sep 9, 2016
Sold by
Persaud Lalman
Bought by
53 Zheng Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1996
Sold by
Ballayram Adesh and Ballayram Sumintra T
Bought by
Persaud Devanand and Persaud Lalman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
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
Girdhari Indrapaul $975,000 --
53 Zheng Inc $562,500 --
Persaud Devanand $140,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girdhari Indrapaul $682,500
Previous Owner 53 Zheng Inc $337,500
Previous Owner Persaud Devanand $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $975,000 -10.5% $516 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
05/21/2019 05/21/19 For Sale $1,089,000 -- $577 / 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 $6,443 $46,260 $15,000 $31,260
2024 $6,443 $45,960 $15,000 $30,960
2023 $6,383 $55,260 $15,000 $40,260
2022 $6,274 $43,920 $15,000 $28,920
2021 $6,348 $36,900 $15,000 $21,900
2020 $4,761 $40,020 $13,680 $26,340
2019 $5,219 $40,020 $13,680 $26,340
2018 $4,976 $24,408 $8,736 $15,672
2017 $4,976 $24,408 $7,973 $16,435
2016 $4,669 $23,356 $9,717 $13,639
2015 $2,597 $22,035 $11,424 $10,611
2014 $2,597 $20,790 $12,923 $7,867
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Ling Min Jin

    Winzone Realty Inc

  • Angelo Merchan

    Seller Co-Listing Agent in 2020

    Angelo Merchan

    Winzone Realty Inc

    (646) 764-2594

    4 Total Sales

    Angelo Merchan
    Section Image

  • D

    Buyer's Agent in 2020

    Dave Sattan

    Royal Oak Properties of NY Inc

    (347) 273-4653

    6 Total Sales

    Dave Sattan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3130970

OneKey® MLS

APN: 04109-0026

New York Kings County Brooklyn 11208 Cypress Hills

53 Lincoln Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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