NOT LISTED FOR SALE

5418 3rd Ave Unit 5A Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $610,000 - $835,000

2 Beds
1.5 Baths
799 Sq Ft
7,797 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $580,000 $726 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,941/month

Highlights

  • Intercom to Front Desk
  • 5-minute walk to 53 Street
  • Marble Flooring
  • IS 220 John J. Pershing Rated A-
  • Penthouse
  • 1-minute walk to Martin Luther Playground

About This Home

As of October 2021

Located in prime Sunset Park, 7-year old 799 SqFt airy condo bathed in light with sliding glass door and east, west, south-facing windows, features 2 bedrooms, 1.5 baths in an elevator building, open kitchen with dining and living area, newly installed Hybrid Flex
Inverter Fujitsu air conditioner. A 285 SqFt terrace, a 75 SqFt balcony (Manhattan view), and a parking space. Shops, supermarkets, bars, restaurants, and laundromats nearby. Sandwiched between the N and R train stations, B11, B37, B63 bus lines, close to I-278 and Belt Parkway, walking distance to the 58th St ferry with access to Wall St, Red Hook, and Bay Ridge. Lots of schools close by.

Last Agent to Sell the Property

Shao Feng (Sam) Lin

E House Realty & Mgt. Inc. Listed on: 07/14/2020

Last Buyer's Agent

Shao Feng (Sam) Lin

E House Realty & Mgt. Inc. Listed on: 07/14/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 2013

Lot Details

  • 7,797

Parking

  • 1 Parking Space

Home Design

  • 799 Sq Ft Home
  • Penthouse
  • Entry on the 5th floor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Stove
  • Terrace
  • Sprinkler System
  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 821
  • Property eligible for a tax abatement

Community Details

Overview

  • 18 Units
  • Association Phone (718) 543-2345
  • 5418 3Rd Avenue Condominium Condos
  • Property managed by 5418 Management LLC

Amenities

  • Intercom to Front Desk
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,342

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 55 St
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 233.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 799
  • Street Name I D X: 3
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Entry Floor: 5
  • Basement Type: Penthouse

Exterior Features

  • Lot Number: 1017

Utilities

  • Air Conditioning Units: 3
  • Utilities: Parking, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: 5418 Management LLC
  • Manager Phone: (718)543-2345
  • Units In Building: 18

Lot Info

  • Building Project Name: 5418 3rd Avenue Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 4342.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 27, 2021
Sold by
Ke Qiao Yun and Pan Cheng Hui
Bought by
Jiang Lijuan
Seller's Agent
Shao Feng (Sam) Lin
E House Realty & Mgt. Inc.
Buyer's Agent
Shao Feng (Sam) Lin
E House Realty & Mgt. Inc.
Sold Price
$580,000
Current Estimated Value
$671,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,349
Avg. Annual Appreciation
3.50%
Original Mortgage
$348,000
Outstanding Balance
$319,323
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,026

Purchase Details

Closed on
Mar 21, 2014
Sold by
Good Family Llc
Bought by
Ke Qiao Yun and Pan Cheng Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Jiang Lijuan $580,000 --
Ke Qiao Yun $283,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Lijuan $348,000
Previous Owner Ke Qiao Yun $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $580,000 -- $726 / Sq Ft
07/14/2020 07/14/20 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 $5,456 $55,447 $9,477 $45,970
2024 $5,456 $54,322 $9,477 $44,845
2023 $4,934 $47,248 $9,477 $37,771
2022 $4,606 $42,596 $9,477 $33,119
2021 $4,170 $33,997 $9,477 $24,520
2020 $4,270 $40,046 $9,477 $30,569
2019 $808 $37,221 $9,477 $27,744
2018 $815 $34,397 $9,477 $24,920
2017 $815 $33,372 $9,477 $23,895
2016 $826 $29,022 $9,477 $19,545
2015 -- $26,797 $9,477 $17,320
2014 -- $25,248 $9,477 $15,771
Source: Public Records

Agents Affiliated with this Home

  • Shao Feng (Sam) Lin

    Seller's Agent in 2021

    Shao Feng (Sam) Lin

    E House Realty & Mgt. Inc.

    (718) 680-2776

    3 in this area

    17 Total Sales

    Shao Feng (Sam) Lin
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440460

Brooklyn Board of REALTORS®

APN: 00821-1017

New York Kings County Brooklyn 11220 Sunset Park

5418 3rd Ave Unit 5A, Brooklyn, NY

Not Listed for Sale

Condos

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