53 Montauk Ave Cypress Hills, NY 11208
East New York NeighborhoodEstimated Value: $1,178,000 - $1,217,000
0.06
Acre
$20,026,400
Price per Acre
2,450
Sq Ft Lot
Highlights
- City View
- Fenced
- Level Lot
About This Lot
As of March 2023Great Opportunity approved NYC Building Department plans for a semidetached three-family, three-story brick & block building with a slab foundation and private driveway. All apartments will be two-bedroom & one-bathroom units, with an independent gas boiler and water heater. The abutted building has already been underpinned with building department signoff. This property is cleared, leveled, fenced. Building permits can be immediately issued. The property is within walking distance to Pitkin Avenue A&C train station and Fulton Street J&Z train station
Last Agent to Sell the Property
Buy Rite Home Sales Inc License #31SA0896891 Listed on: 03/08/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $463
Year Built
- 1910
Lot Details
- 2,450 Sq Ft Lot
- Lot Dimensions are 24.5 x 100
- Fenced
- Level Lot
- Corners Of The Lot Have Been Marked
- Cleared Lot
Property Views
- City Views
Schools
- Ps 345 Patrolman Robert Bolden Elementary School
- Liberty Avenue Middle School
- Transit Tech Career And Tech Edu High School
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 114 / 3976
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2024
Sold by
Montauk Avenue Builders Inc
Bought by
Garcia Cristian
Total Days on Market
359
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Outstanding Balance
$1,136,885
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,354
Purchase Details
Listed on
Mar 8, 2022
Closed on
Mar 21, 2023
Sold by
E & A Home Improvement Inc
Bought by
Montauk Avenue Builders Inc
Seller's Agent
RJ Santiago
Buy Rite Home Sales Inc
Buyer's Agent
RJ Santiago
Buy Rite Home Sales Inc
List Price
$439,000
Sold Price
$290,000
Premium/Discount to List
-$149,000
-33.94%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.92%
Similar Properties in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Cristian | $1,200,000 | -- | |
| Montauk Avenue Builders Inc | $290,000 | -- | |
| Montauk Avenue Builders Inc | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Cristian | $1,140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2023 03/29/23 | Sold | $290,000 | -16.9% | -- |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | Price Changed | $349,000 | -2.8% | -- |
| 01/18/2023 01/18/23 | Price Changed | $359,000 | -2.7% | -- |
| 12/02/2022 12/02/22 | Price Changed | $369,000 | -5.1% | -- |
| 06/27/2022 06/27/22 | Price Changed | $389,000 | -2.5% | -- |
| 05/20/2022 05/20/22 | Price Changed | $399,000 | -4.8% | -- |
| 05/09/2022 05/09/22 | Price Changed | $419,000 | -2.3% | -- |
| 04/02/2022 04/02/22 | Price Changed | $429,000 | -2.3% | -- |
| 03/08/2022 03/08/22 | For Sale | $439,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,900 | $16,080 | $16,080 | $0 |
| 2023 | $2,766 | $13,620 | $13,620 | $0 |
| 2022 | $2,863 | $14,340 | $14,340 | $0 |
| 2021 | $5,432 | $53,550 | $52,200 | $1,350 |
Source: Public Records
Agents Affiliated with this Home
-
RJ Santiago
Seller's Agent in 2023
RJ Santiago
Buy Rite Home Sales Inc
(718) 559-5050
4 in this area
15 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3381352
APN: 03976-0114
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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