NOT LISTED FOR SALE

540 E 4th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,286,000 - $2,003,000

4 Beds
2 Baths
1,554 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $1,380,000 $888 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,004/month

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Back and Front Yard
  • Ditmas Junior High school Rated A-
  • Central Air
  • 5-minute walk to Dome Playground

About This Home

As of March 2022

This beautiful fully detached two family home on a quiet, tree-lined Kensington block with high ceilings and lovely details throughout is a must-see!
Enjoy your extra large resort-like paved back yard that is perfect for relaxing and entertaining family and friends!
One apartment on the first floor and duplex apartment on second and third levels.
Lot size is 27 × 100, Building Size is 18 × 34. R-5 Zoning allows an additional 1,786 SF to be added.
Finished basement has several storage rooms and tons of potential.
Recent updates include: Full Roof and sheathing replaced in 2019, chimney from roof line up and total liner replaced in 2019, outside AC until replaced in 2021, composite decking installed in 2018, front and side pavers, porch, wrought iron fence and PVC fence installed in 2018, first floor living rooms and kitchen floor installed 2020.
Close to public transportation with the B8, B67, B68, B69 Buses, and the “F” train nearby.
School District 20, with Public Schools 62 and 245, Brooklyn Dreams Charter School, Bais Esther School, Bridges to Brooklyn School,
West Brooklyn Community High School, PS 220 JHS, PS 130 The Parkside School and Brooklyn Prospect Charter School nearby.
Within close proximity to Prospect Park, Ocean Pkwy, 18th Ave and Coney Island Ave with tons of shopping and dining options!
Transform your dreams of a beautiful home into reality today!

Last Agent to Sell the Property

Tino Resta

Real Broker NY LLC Listed on: 10/11/2021

Last Buyer's Agent

Tino Resta

Real Broker NY LLC Listed on: 10/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,231

Year Built

  • Built in 1925

Lot Details

  • 2,667 Sq Ft Lot
  • Lot Dimensions are 100 x 26
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,231

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 34.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue C
  • Cross Street Name2: Cortelyou Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Other
  • Fill Sq Ft Total: 1554
  • Building Stories: 2
  • Street Name I D X: 4th
  • Building Style: Victorian
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2667

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 34
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6231.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Mar 21, 2022
Sold by
Dearmas Rosa E and Dearmas James Rosa
Bought by
Maltese Worldwide Llc
Seller's Agent
Tino Resta
Real Broker NY LLC
Buyer's Agent
Tino Resta
Real Broker NY LLC
Sold Price
$1,380,000
Current Estimated Value
$1,612,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,805
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Apr 7, 2009
Sold by
Guzman Carlos
Bought by
James Rosa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,433
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Lazzara Theresa
Bought by
Guzman Julia and Guzman Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%
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
Maltese Worldwide Llc $1,380,000 --
James Rosa E $545,000 --
Guzman Julia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Rosa E $519,433
Previous Owner Guzman Julia $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $1,380,000 -- $888 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
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 $6,653 $93,840 $21,420 $72,420
2024 $6,653 $80,880 $21,420 $59,460
2023 $6,347 $86,700 $21,420 $65,280
2022 $5,952 $74,280 $21,420 $52,860
2021 $6,231 $63,240 $21,420 $41,820
2020 $2,913 $73,140 $21,420 $51,720
2019 $5,482 $61,740 $21,420 $40,320
2018 $5,011 $26,043 $9,891 $16,152
2017 $5,009 $26,043 $12,496 $13,547
2016 $4,857 $25,844 $12,850 $12,994
2015 $2,744 $24,382 $15,463 $8,919
2014 $2,744 $23,004 $15,665 $7,339
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tino Resta

    Real Broker NY LLC

    (917) 337-9791

    1 in this area

    37 Total Sales

    Tino Resta
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456290

Brooklyn Board of REALTORS®

APN: 05372-0034

New York Kings County Brooklyn 11218 Kensington

540 E 4th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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