NOT LISTED FOR SALE

Estimated Value: $1,016,172

2 Beds
2.5 Baths
-- Sq Ft
1,275 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $950,000

Est. 7% increase in value since last sale

Current estimated payment $6,056/month

172 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 4-minute walk to Woods Playground
  • Wood Flooring

About This Home

As of July 2022

Excellent 2 family + Store in Bed-Stuy close to all including A and C subway and LIRR. Home has been totally renovated and is in excellent condition!! Ductless CAC split units throughout, nice hardwood floors too. 2nd floor can be delivered vacant., Additional information: Appearance:Excellent+,Interior Features:Lr/Dr

Last Agent to Sell the Property

Nora Avalos

NY Superior Realty Brokerage Phone: 718-205-7770 License #31AV1117039 Listed on: 08/19/2021

Last Buyer's Agent

Ghazala Rehman

New York Vista Realty LLC License #10401290936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,049

Year Built

  • Built in 1901 | Remodeled in 2019

Lot Details

  • 1,275 Sq Ft Lot
  • Lot Dimensions are 18.75x68
  • 1 Common Wall
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 40 George W Carver Elementary School
  • Middle School 35 Stephen Decatur
  • Boys And Girls High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 1 / 1709
  • Assessor Parcel Number 01709-0001

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,049

Year Built

Built in 1901 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1901
  • Year Built Effective: 2019
  • Attribution Contact: 718-205-7770
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 2
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: Ductless
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Ms 35 Stephen Decatur

Lot Info

  • Lot Dimensions: 18.75x68
  • Lot Size Sq Ft: 1275
  • Lot Features: Corner Lot, Near Public Transit, Near Shops
  • Parcel Number: 01709-0001
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6B

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6049
  • Tax Block: 1709
  • Tax Lot: 1

MLS Schools

  • Elementary School: Ps 40 George W Carver
  • High School: Boys And Girls High School
  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Jul 8, 2022
Sold by
Hasan Arshia and Hasan Mohammed Sameer
Bought by
53 Atlantic Avenue Llc
Seller's Agent
Nora Avalos
NY Superior Realty
Buyer's Agent
Ghazala Rehman
New York Vista Realty LLC
List Price
$1,148,000
Sold Price
$950,000
Premium/Discount to List
-$198,000
-17.25%
Current Estimated Value
$1,016,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,172
Avg. Annual Appreciation
2.98%
Original Mortgage
$589,000
Outstanding Balance
$562,798
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$478,391

Purchase Details

Closed on
May 6, 2016
Sold by
Hancock Street Sml Llc
Bought by
Hasan Arshia and Hasan Mohammed Sameer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
3.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
53 Atlantic Avenue Llc $950,000 --
Hasan Arshia $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 53 Atlantic Avenue Llc $589,000
Previous Owner Hasan Arshia $14,924
Previous Owner Hasan Arshia $533,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $950,000 -3.8% --
02/07/2022 02/07/22 Pending -- -- --
09/23/2021 09/23/21 Price Changed $988,000 -4.8% --
09/10/2021 09/10/21 Price Changed $1,038,000 -9.6% --
08/19/2021 08/19/21 For Sale $1,148,000 -- --
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 $6,233 $110,220 $3,060 $107,160
2024 $6,233 $87,540 $3,060 $84,480
2023 $6,121 $85,740 $3,060 $82,680
2022 $5,874 $71,280 $3,060 $68,220
2021 $6,049 $63,960 $3,060 $60,900
2020 $4,537 $28,800 $3,060 $25,740
2019 $2,759 $26,580 $3,060 $23,520
2018 $2,536 $12,441 $1,493 $10,948
2017 $2,414 $11,844 $1,525 $10,319
2016 $2,255 $11,278 $1,743 $9,535
2015 $1,348 $11,158 $2,069 $9,089
2014 $1,348 $10,990 $2,447 $8,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3339688

OneKey® MLS

APN: 01709-0001