531 E 55th St Brooklyn, NY 11203
East Flatbush Neighborhood
3
Beds
2
Baths
1,496
Sq Ft
1,307
Sq Ft Lot
Highlights
- No HOA
- No Heating
- 4-minute walk to Harry Maze Playground
- Garage
- Front Yard
About This Home
As of June 2025ATTENTION CASH BUYERS ONLY! THIS IS AN AS-IS SALE!
This Two-Family home is being delivered with tenants. Please do not disturb!
Square feet: 1900
Building dimensions:17 ft x 32 ft
Lot size: 17 x 70 FT
Private Garage
ATTENTION CASH BUYERS ONLY!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,304
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 17.000000x70.000000
- Front Yard
Parking
- Garage
Interior Spaces
- 1,496 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 2 Units
- East Flatbush Subdivision
Listing and Financial Details
- Legal Lot and Block 93 / 04776
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
Jun 3, 2025
Sold by
N And A Cottage Inc
Bought by
Hines Elseta M
Seller's Agent
Gene Zemel
RE/MAX Elite
Buyer's Agent
Angela Shand
A Shand Properties LLC
List Price
$750,000
Sold Price
$790,000
Premium/Discount to List
$40,000
5.33%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.24%
Original Mortgage
$711,000
Outstanding Balance
$710,395
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,901
Purchase Details
Listed on
May 24, 2024
Closed on
Nov 14, 2024
Sold by
Estate Of Betty Goldstein and Estate Of Ruth Goldstein
Bought by
N And A Cottage Inc
Seller's Agent
Ronit Abraham
Compass
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.17%
Original Mortgage
$427,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 2018
Sold by
Goldstein Deceased Betty and Goldstein Mathieu
Bought by
Mathieu Hugues
Similar Homes in Brooklyn, NY
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $790,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $711,000 | Purchase Money Mortgage | |
| Previous Owner | $427,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | $790,000 | +5.3% | $528 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | For Sale | $750,000 | +57.9% | $501 / Sq Ft |
| 11/14/2024 11/14/24 | Sold | $475,000 | -13.6% | $318 / Sq Ft |
| 10/11/2024 10/11/24 | Pending | -- | -- | -- |
| 05/24/2024 05/24/24 | For Sale | $550,000 | -- | $368 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 |
|---|---|---|---|---|
| 2025 | $5,300 | $39,540 | $11,760 | $27,780 |
| 2024 | $5,300 | $45,180 | $11,760 | $33,420 |
| 2023 | $5,056 | $45,000 | $11,760 | $33,240 |
| 2022 | $4,689 | $40,320 | $11,760 | $28,560 |
| 2021 | $4,934 | $34,860 | $11,760 | $23,100 |
| 2020 | $4,934 | $31,080 | $11,760 | $19,320 |
| 2019 | $4,600 | $30,180 | $11,760 | $18,420 |
| 2018 | $4,229 | $20,746 | $8,181 | $12,565 |
| 2017 | $3,990 | $19,573 | $7,992 | $11,581 |
| 2016 | $3,906 | $19,538 | $9,502 | $10,036 |
| 2015 | $2,227 | $19,425 | $11,763 | $7,662 |
| 2014 | $2,227 | $18,326 | $11,285 | $7,041 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Zemel
G
Seller's Agent in 2025
Gene Zemel
RE/MAX Elite
(718) 737-2800
2 in this area
3 Total Sales
-
Angela Shand
A
Buyer's Agent in 2025
Angela Shand
A Shand Properties LLC
(718) 496-3915
1 in this area
4 Total Sales
-
Ronit Abraham
Seller's Agent in 2024
Ronit Abraham
Compass
(917) 572-2583
3 in this area
33 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10961316
APN: 04776-0093
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