NOT LISTED FOR SALE

531 47th St Unit 2 Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,494,544 - $1,779,000

1 Bed
1 Bath
-- Sq Ft
1910 Built

About This Home

As of February 2017

Sunny and spacious 5-room, floor through, 1 bedroom, 1 bath apartment with original details. Enjoy high ceilings, parquet floors, bay window, tin ceilings, exposed brick, decorative fireplace and French doors. Renovated kitchen with new counter tops, back splash, tile floor, and stainless steel appliances. Renovated bathroom with new fixtures and tile floor. Freshly painted. Close to R train and 1 stop to express N and D trains. Near shops and restaurants. Sorry, no smoking and no pets.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 1910

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • 2 Units
  • Sunset Park Subdivision

Listing and Financial Details

  • Property Available on 12/1/16

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,355

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Available Date: 2016-12-01

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Sunset Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 2
  • Year Built: 1910

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 1998
Sold by
Nusser Gary R
Bought by
Faraino Richard L
Current Estimated Value
$1,628,386
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faraino Richard L $210,000 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2017 02/22/17 Rented -- -- --
01/23/2017 01/23/17 Under Contract -- -- --
11/29/2016 11/29/16 For Rent -- -- --
Source: Real Estate Board of New York (REBNY)

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 $8,355 $84,900 $31,020 $53,880
2024 $8,355 $85,140 $31,020 $54,120
2023 $8,355 $102,600 $31,020 $71,580
2022 $5,366 $82,800 $31,020 $51,780
2021 $5,733 $89,580 $31,020 $58,560
2020 $5,733 $91,920 $31,020 $60,900
2019 $7,202 $83,160 $31,020 $52,140
2018 $7,006 $35,830 $10,354 $25,476
2017 $6,802 $34,836 $13,582 $21,254
2016 $6,298 $33,056 $15,957 $17,099
2015 $3,744 $31,185 $18,391 $12,794
2014 $3,744 $29,859 $18,265 $11,594
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10285649

Real Estate Board of New York (REBNY)

APN: 00757-0063

New York Kings County Brooklyn 11220 Sunset Park

531 47th St Unit 2, 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.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes