NOT LISTED FOR SALE

5306 4th Ave Unit 2A Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $407,000 - $511,000

1 Bed
1 Bath
549 Sq Ft
2007 Built

Sale Details

Date Sold: July 20, 2023

Last sale price $402,000 $732 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,402 / mo

Highlights

  • Wood Flooring
  • 1-minute walk to 53 Street
  • Hot Water Heating System
  • IS 220 John J. Pershing Rated A-
  • Multiple cooling system units
  • Laundry Facilities

About This Home

As of July 2023

Welcome to this charming condo located in Sunset Park. Situated on the 2nd floor of the building. Inside, you'll find a large bedroom that is currently being used as 3 separate spaces, 1 full bathroom, a kitchen, a dining room, and a balcony. There are hookups readily available for the laundry washer and dryer. Built in 2007. Monthly common charges of $188 and annual property tax of $163 with tax abatement until 2036. The convenient location adds to its appeal, with Delis located next door, the 53rd St train station (R Train), and the B11 bus stop right in front of the building. You'll also find plenty of shops and restaurants within a short distance, providing endless options for entertainment and dining. Don't miss out on this opportunity to own a lovely condo to live in or for investment, in the desirable Sunset Park neighborhood.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 05/18/2023

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 05/18/2023

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $163

Year Built

  • Built in 2007

Lot Details

  • Sprinkler System

Home Design

  • 549 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Tax Block 814
  • Property eligible for a tax abatement

Community Details

Overview

  • 10 Units
  • Association Phone (718) 630-5009
  • 5306 4Th Ave Condos
  • Property managed by Newkey Realty LLC

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$163

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 53rd St
  • Cross Street Name2: 54th St
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 188.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Laundry Area, Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 549
  • Street Name I D X: 4th
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1003

Utilities

  • Air Conditioning Units: 2
  • Heating Fuel: Gas
  • Utilities: Septic, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Newkey Realty LLC
  • Manager Phone: 718-630-5009
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 10

Lot Info

  • Building Project Name: 5306 4th Ave

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 163.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 19, 2023
Sold by
Wu Xiao Xia and Zheng Wei
Bought by
Guo Rong Ying
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
List Price
$399,000
Sold Price
$402,000
Premium/Discount to List
$3,000
0.75%
Views
48
Current Estimated Value
$450,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,352
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Nov 22, 2011
Sold by
M G H Development Llc
Bought by
Wu Xiao Xia and Zheng Wei
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
Guo Rong Ying $402,000 --
Wu Xiao Xia $235,248 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $402,000 +0.8% $732 / Sq Ft
05/18/2023 05/18/23 For Sale $399,000 -- $727 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $167 $46,617 $8,034 $38,583
2024 $167 $38,847 $8,034 $30,813
2023 $164 $37,743 $8,034 $29,709
2022 $163 $37,082 $8,034 $29,048
2021 $161 $35,889 $8,034 $27,855
2020 $165 $44,851 $8,034 $36,817
2019 $167 $56,047 $8,034 $48,013
2018 $170 $44,332 $5,084 $39,248
2017 $170 $41,049 $5,071 $35,978
2016 $172 $38,009 $5,024 $32,985
2015 $134 $38,009 $5,024 $32,985
2014 $134 $35,854 $4,739 $31,115
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wu

    Seller's Agent in 2023

    Kelly Wu

    RE/MAX Edge

    (917) 345-6368

    15 in this area

    227 Total Sales

    Kelly Wu
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474071

Brooklyn Board of REALTORS®

APN: 00814-1003

New York Kings County Brooklyn 11220 Sunset Park

5306 4th Ave Unit 2A, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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