NOT LISTED FOR SALE

535 E 4th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,560,000 - $2,014,272

-- Bed
-- Bath
2,680 Sq Ft
$668/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $1,349,000 $503 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,111/month

340 Days on Market

About This Home

As of April 2021

Have you been searching for a distinct opportunity with real value inclusive of the space you expect in a traditional home.

Your moment awaits in the restoration of this pre-war townhouse to an expansive single family home or simply maximize income with the current legal two-family configuration.

This Kensington semi-detached brick home built in 1925 affords the detail and character for a proud new home.

BONUS: The full height, full length and width basement affords a tremendous recreation room with space for configurations to encompass everything your heart desires; gym, playroom, theatre, ample storage, man-cave or she-shop!

A shared driveway, single-car garage, and rear patio area complete this rare find.

5 min walk: Ditmas Av F - train. 10-15min walk to all the shops, services, groceries along Cortelyou Road to the Cortelyou Q-train and 35min to Midtown Manhattan.

Capture this favor today

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 2,396

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Community Details

  • Kensingt Subdivision

Listing and Financial Details

  • Legal Lot and Block 63 / 5373

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Avenue C/Cortelyou Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: KENSINGT
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Garage/Parking

  • Garage: No

Building Info

  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 5373
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 15, 2021
Sold by
Carl J Galioto As Trustee and The Jeanette Galioto Trust
Bought by
Jiang Jim
Sold Price
$1,349,000
Current Estimated Value
$1,790,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,818
Avg. Annual Appreciation
6.21%
Original Mortgage
$600,000
Outstanding Balance
$540,269
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,250,549

Purchase Details

Closed on
Nov 3, 2015
Sold by
Carl J Galioto J and Carl Galioto
Bought by
Galioto Carl J and Galioto Premises Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2000
Sold by
Galioto Jeanette
Bought by
Galioto Carl J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jiang Jim $1,300,000 --
Jiang Jim $1,300,000 --
Jiang Jim $1,300,000 --
Galioto Carl J -- --
Galioto Carl J -- --
Galioto Carl J -- --
Galioto Carl J -- Commonwealth Land Title Ins
Galioto Carl J -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Jim $600,000
Closed Jiang Jim $600,000
Previous Owner Galioto Carl J $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $1,349,000 0.0% $503 / Sq Ft
02/10/2021 02/10/21 Off Market $1,349,000 -- --
12/18/2020 12/18/20 For Sale -- -- --
07/31/2020 07/31/20 Off Market $1,349,000 -- --
02/21/2020 02/21/20 For Sale $1,599,000 -- $597 / Sq Ft
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 $8,730 $104,400 $25,500 $78,900
2024 $8,730 $99,780 $25,500 $74,280
2023 $8,328 $122,040 $25,500 $96,540
2022 $8,186 $104,280 $25,500 $78,780
2021 $7,905 $80,520 $25,500 $55,020
2020 $3,386 $81,960 $25,500 $56,460
2019 $6,315 $85,860 $25,500 $60,360
2018 $5,720 $34,172 $10,952 $23,220
2017 $5,967 $34,172 $13,299 $20,873
2016 $5,808 $33,912 $17,815 $16,097
2015 $3,244 $31,993 $22,142 $9,851
2014 $3,244 $30,183 $17,763 $12,420
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10613146

Real Estate Board of New York (REBNY)

APN: 05373-0063

New York Kings County Brooklyn 11218 Kensington

535 E 4th St, Brooklyn, NY

Not Listed for Sale

Detached

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