NOT LISTED FOR SALE

541 88th St Brooklyn, NY 11209

Fort Hamilton Neighborhood

Estimated Value: $1,395,000 - $1,583,000

4 Beds
3 Baths
2,542 Sq Ft
$587/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,210,000 $476 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,708/month

179 Days on Market

Highlights

  • 1 Car Attached Garage
  • ENERGY STAR Qualified Air Conditioning
  • Heating Available
  • P.S./I.S. 104 The Fort Hamilton School Rated A-
  • ENERGY STAR Qualified Equipment for Heating
  • 5-minute walk to Tom McDonald Triangle

About This Home

As of June 2023

Welcome to the beautiful detached three level brick house, located in the heart of Bay Ridge. The house was totally renovated 3 years ago, and features new wiring, plumbing, tankless energy saving heat and hot water system, 11 units of split air conditioning, new flooring, and two new bathrooms on the first and second floors. The first level has a built in garage, a spacious family room with marble flooring, and built in surround sound system and a full bathroom; a perfect place for entertaining. The second floor has a beautiful front porch, a spacious living room, a separate room that you can use as a formal dining room, or even turn it into 4th bedroom. The kitchen has plenty of space for dining furniture, and it also leads to a beautiful private back porch. This location is perfect for a family who wants to stay on a quiet residential street and still be very close to all the shopping and restaurants, which are nearby.

Last Agent to Sell the Property

Amy Koh

Coldwell Banker Reliable R E License #10301214759 Listed on: 11/17/2022

Coldwell Banker Reliable R E

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,294

Year Built

  • Built in 1925

Lot Details

  • 1,665 Sq Ft Lot
  • Lot Dimensions are 22.5x74

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,542 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Ps/Is 104 Fort Hamilton Sch Middle School
  • Fort Hamilton High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 43 / 6052
  • Assessor Parcel Number 06052-0043

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,294

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Year Built: 1925
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2542
  • AtticDescription: None
  • SquareFootage: 2542.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Is 104 Fort Hamilton Sch (The)

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 22.5x74
  • Lot Size Sq Ft: 1665
  • Lot Size Units: Acres
  • Parcel Number: 06052-0043
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 9294
  • Tax Block: 6052
  • Tax Lot: 43
  • Tax Map Number: 06052-0043

MLS Schools

  • High School: Fort Hamilton High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jun 30, 2023
Sold by
Wang Meng Yun and Wang Zhao
Bought by
Liang Trish Huiyi
Seller's Agent
Amy Koh
Coldwell Banker Reliable R E
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,350,000
Sold Price
$1,210,000
Premium/Discount to List
-$140,000
-10.37%
Views
161
Current Estimated Value
$1,491,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,877
Avg. Annual Appreciation
8.74%
Original Mortgage
$840,000
Outstanding Balance
$819,962
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$671,915

Purchase Details

Closed on
Jan 2, 2015
Sold by
Siani Gerard F
Bought by
Wang Meng Yun and Wang Zhao

Purchase Details

Closed on
Apr 10, 2014
Sold by
Durango Silvia and Durango Zita
Bought by
Siani Gerard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,502
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2006
Sold by
Abdelaziz Abdelkader
Bought by
Durango Silvia and Durango Zita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Bayne Bernadette
Bought by
Mikhail Malak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1997
Sold by
East End Development Corp
Bought by
Eastport Properties Inc

Purchase Details

Closed on
Jan 23, 1996
Sold by
Case Funding Corp
Bought by
East End Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.02%
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
Liang Trish Huiyi $1,210,000 --
Wang Meng Yun $850,000 --
Siani Gerard F $690,000 --
Durango Silvia $740,000 --
Mikhail Malak $226,000 Advantage Title
Eastport Properties Inc -- --
East End Development Corp $150,000 --
Goberman Harold $265,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Trish Huiyi $840,000
Previous Owner Siani Gerard F $677,502
Previous Owner Durango Silvia $700,000
Previous Owner Mikhail Malak $140,000
Previous Owner Goberman Harold $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,210,000 -5.5% $476 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $1,280,000 -5.0% $504 / Sq Ft
02/14/2023 02/14/23 Price Changed $1,348,000 -0.1% $530 / Sq Ft
11/17/2022 11/17/22 For Sale $1,350,000 -- $531 / 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 $10,708 $105,420 $10,440 $94,980
2024 $10,708 $92,160 $10,440 $81,720
2023 $10,216 $101,760 $10,440 $91,320
2022 $9,692 $102,660 $10,440 $92,220
2021 $9,501 $98,340 $10,440 $87,900
2020 $4,723 $85,500 $10,440 $75,060
2019 $9,294 $85,500 $10,440 $75,060
2018 $8,545 $41,920 $6,980 $34,940
2017 $8,107 $39,770 $7,385 $32,385
2016 $7,521 $37,621 $7,774 $29,847
2015 $4,525 $37,621 $11,434 $26,187
2014 $4,525 $37,024 $9,762 $27,262
Source: Public Records

Agents Affiliated with this Home

  • Amy Koh

    Seller's Agent in 2023

    Amy Koh

    Coldwell Banker Reliable R E

    (718) 921-3100

    2 in this area

    47 Total Sales

    Amy Koh
    Section Image

  • N

    Buyer's Agent in 2023

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3444137

OneKey® MLS

APN: 06052-0043

New York Kings County Brooklyn 11209 Fort Hamilton

541 88th St, Brooklyn, NY

Not Listed for Sale

Detached

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