NOT LISTED FOR SALE

Estimated Value: $3,569,848

-- Bed
-- Bath
3,300 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $3,300,000 $1,000 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $19,232/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Back Yard
  • IS 220 John J. Pershing Rated A
  • Hot Water Heating System
  • 3-minute walk to Rainbow Playground

About This Home

As of February 2022

EXCELLENT SUNSET PARK LOCATION !!!THIS MULTI-LEVEL BRICK PROPERTY OFFERS A SPECTRUM OF OPPORTUNITIES! R7A ZONING 1 STORE AND 2 FAMILIES , ALL APARTMENTS COME WITH 3 BEDROOMS EACH , IT BOASTS HARDWOOD AND TILE FLOORS ,SPACIOUS BEDROOMS,PLENTY OF STORAGE SPACE.THIS WELL MAINTAINED MIXED-USE PROPERTY HAS LOWER THAN THE AVERAGE PROPERTY TAX. PERFECT FOR INVESTOR OR END USER ,DON'T MISS IT .

Last Agent to Sell the Property

Chuchu Chen

RE/MAX Real Estate Professionals License #31SA1010105 Listed on: 03/07/2021

RE/MAX Real Estate Professionals

Last Buyer's Agent

Fang Bin Liu

Winzone Realty Inc

Winzone Realty Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1920

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Block Wall

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Ceiling height between 8 to 10 feet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 825

Property Details

Property Type

Other

Est. Annual Taxes

$5,840

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 54th St
  • Cross Street Name2: 55th St
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: 7
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1600
  • Walls: Block

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 46
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 5840.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Feb 14, 2022
Sold by
Dimitriadis Anastasios and Dimitriadis Evdoxia
Bought by
5416 7Th Llc
Seller's Agent
Chuchu Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Fang Bin Liu
Winzone Realty Inc
Sold Price
$3,300,000
Current Estimated Value
$3,569,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,848
Original Mortgage
$1,990,000
Outstanding Balance
$1,850,972
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
5416 7Th Llc $3,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5416 7Th Llc $1,990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $3,300,000 -- $1,000 / Sq Ft
03/07/2021 03/07/21 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 $6,568 $100,380 $13,020 $87,360
2024 $6,568 $101,160 $13,020 $88,140
2023 $6,277 $99,360 $13,020 $86,340
2022 $5,834 $78,000 $13,020 $64,980
2021 $5,777 $72,900 $13,020 $59,880
2020 $5,777 $72,960 $13,020 $59,940
2019 $5,700 $63,420 $13,020 $50,400
2018 $5,250 $25,756 $6,344 $19,412
2017 $4,964 $24,352 $6,429 $17,923
2016 $4,600 $23,008 $7,289 $15,719
2015 $2,771 $22,990 $8,737 $14,253
2014 $2,771 $22,708 $10,352 $12,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 448956

Brooklyn Board of REALTORS®

APN: 00825-0046