NOT LISTED FOR SALE

Estimated Value: $892,466 - $955,000

5 Beds
3 Baths
1,800 Sq Ft
$518/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $890,000 $494 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,400/month

36 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to 75 Street-Elderts Lane
  • Hot Water Heating System
  • 2 Car Attached Garage
  • Zoned Cooling

About This Home

As of October 2021

Great opportunity to own a 2 family semi-detached building in Cypress Hills Neighborhood. First floor features two bedrooms, living room/dining room, Kitchen and full bath. Second floor has 3 Bedrooms, living room/dining room, and one bathroom. Full finished basement, two car garage,long private driveway and nice large yard. Property is two Blocks from the train station and shopping areas. This property sits on 3750 sq. ft land with additional 2888 sq.ft unused FAR which makes it a great property for an end user or investor. House will be delivered vacant.

Last Agent to Sell the Property

Talaat Elkaray

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #40EL0920920 Listed on: 06/30/2021

Keller Williams Landmark II

Last Buyer's Agent

Amelia Sonny Diaz

Real Broker NY LLC License #10401326566

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,167

Year Built

  • Built in 1899

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 30x125
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Ps 89 Cypress Hills Middle School
  • Academy Of Innovative Technology High School

Utilities

  • Zoned Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,167

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Partial
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 5
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 89 Cypress Hills

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 30x125
  • Lot Size Sq Ft: 3750
  • Lot Size Units: Acres
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-07-06

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6167

MLS Schools

  • High School: Academy Of Innovative Technology
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 13, 2021
Sold by
Rodriguez Ivette and Rodriguez Jose Raul
Bought by
Garcia Chale and Gutierrez Camilo Jaime
Seller's Agent
Talaat Elkaray
Keller Williams Landmark II
Buyer's Agent
Amelia Sonny Diaz
Real Broker NY LLC
List Price
$969,000
Sold Price
$890,000
Premium/Discount to List
-$79,000
-8.15%
Current Estimated Value
$933,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,117
Avg. Annual Appreciation
1.11%
Original Mortgage
$702,000
Outstanding Balance
$639,382
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,735

Purchase Details

Closed on
May 11, 2010
Sold by
Rodriguez Ivette
Bought by
Rodriguez Ivette and Rodriguez Jose Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2008
Sold by
Sanes Carmelo and Sanes Pura M
Bought by
Rodriguez Ivette

Purchase Details

Closed on
Dec 20, 2003
Sold by
Sanes Carmelo and Sanes Pura
Bought by
Pura Maria and Sanes As Trustee Pura Maria
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
Garcia Chale $890,000 --
Garcia Chale $890,000 --
Garcia Chale $890,000 --
Rodriguez Ivette -- --
Rodriguez Ivette -- --
Rodriguez Ivette -- --
Rodriguez Ivette -- --
Pura Maria -- --
Pura Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Chale $702,000
Closed Garcia Chale $702,000
Previous Owner Rodriguez Ivette $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $890,000 +2.4% $494 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $869,000 -3.4% $483 / Sq Ft
07/15/2021 07/15/21 Price Changed $899,888 -8.1% $500 / Sq Ft
06/30/2021 06/30/21 Price Changed $979,000 +1.0% $544 / Sq Ft
06/30/2021 06/30/21 For Sale $969,000 -- $538 / Sq Ft
Source: OneKey® MLS

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 $6,653 $46,320 $19,800 $26,520
2024 $6,653 $48,180 $19,800 $28,380
2023 $6,347 $58,380 $19,800 $38,580
2022 $6,239 $46,440 $19,800 $26,640
2021 $6,174 $42,600 $19,800 $22,800
2020 $2,913 $38,100 $19,800 $18,300
2019 $5,482 $38,100 $19,800 $18,300
2018 $5,011 $26,043 $11,018 $15,025
2017 $5,009 $26,043 $14,066 $11,977
2016 $4,811 $25,618 $14,476 $11,142
2015 $1,482 $24,382 $14,196 $10,186
2014 $1,482 $23,004 $16,066 $6,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3325896

OneKey® MLS

APN: 04111-0073