NOT LISTED FOR SALE

Estimated Value: $1,524,000 - $1,718,000

7 Beds
3 Baths
3,600 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,600,000 $444 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,246/month

Highlights

  • Wood Flooring
  • 5-minute walk to 59 Street (N,R Line)
  • Heating System Uses Steam
  • Junior High School 227 Edward B Shallow Rated A-
  • Multiple cooling system units
  • Back and Front Yard

About This Home

As of July 2023

Beautiful Limestone attached 3 Family Home in the heart of Sunset Park. 3 Stories of living space plus full basement. Building Size 20' x 45', Lot Size 20' x 100'. Zoning R6B. The First floor consists of 2 bedrooms, full bathroom, Eat-in kitchen dining room and a living room. Second floor consists of 2 bedroom, full bathroom, enclosed Eat-in kitchen, a living room and a dining room. Third floor consists of 3 bedrooms, full bathroom, Eat-in kitchen, a living room, and a dining room. The basement can be converted into duplex with first floor for an additional recreational room. Each apartment has its own independent heating system and hot water tank. True Highlight of this property is in its' location. This magnificent property is located in one of the most exclusive neighborhoods of South Brooklyn with every imaginable lifestyle convenience being mere minutes away. Situated on an idyllically commercial street, this sun-drenched dwelling is highlighted by tall ceilings and copious windows with sweeping views that provide visions of grandeur at every turn. The location of the property provides easy access to the express R & N subway lines along with other mass transit options. Strikingly close to schools, recreational parks, an extensive array of restaurants, coffee shops, fine dining, supermarkets, pharmacies, salons, banks, and many more...

Last Agent to Sell the Property

Mandy (Meijuan) Jiang

E House Realty & Mgt. Inc. Listed on: 11/05/2022

Last Buyer's Agent

Ronald Chui

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,881

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,600 Sq Ft Home
  • 4-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,881

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5TH AVE
  • Cross Street Name2: 6TH AVE
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3600
  • Building Stories: 4
  • Street Name I D X: 60th
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 21
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 7881.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jul 21, 2023
Sold by
Cheung M Lee Living Trust Dated /20 and Lee As Trustee Cheung M
Bought by
Sh308 Management Llc
Seller's Agent
Mandy (Meijuan) Jiang
E House Realty & Mgt. Inc.
Buyer's Agent
Ronald Chui
Momentum Real Estate LLC
List Price
$1,530,000
Sold Price
$1,600,000
Premium/Discount to List
$70,000
4.58%
Views
3
Current Estimated Value
$1,626,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,967
Avg. Annual Appreciation
0.67%
Original Mortgage
$850,000
Outstanding Balance
$827,628
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$799,339

Purchase Details

Closed on
Mar 19, 2021
Sold by
Lee Cheung Ming and Lee Miu Fong
Bought by
Cheung M Lee As Trustee and Cheung M Lee Living Trust

Purchase Details

Closed on
Jul 22, 2004
Sold by
Lee Chih Y and Lee Ting-Pei
Bought by
Lee Cheung M and Lee Miu F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Sh308 Management Llc $1,600,000 --
Cheung M Lee As Trustee -- --
Lee Cheung M $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sh308 Management Llc $850,000
Previous Owner Lee Cheung M $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $1,600,000 +4.6% $444 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $1,530,000 -- $425 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $8,866 $94,440 $17,580 $76,860
2024 $8,866 $84,600 $17,580 $67,020
2023 $8,499 $100,860 $17,580 $83,280
2022 $5,911 $90,720 $17,580 $73,140
2021 $7,842 $86,760 $17,580 $69,180
2020 $3,848 $80,400 $17,580 $62,820
2019 $7,695 $80,400 $17,580 $62,820
2016 $6,208 $31,053 $8,197 $22,856
2015 $3,744 $30,654 $9,598 $21,056
2014 $3,744 $30,654 $10,864 $19,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 468923

Brooklyn Board of REALTORS®

APN: 05783-0021