NOT LISTED FOR SALE

549 56th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,424,680 - $1,877,000

9 Beds
6 Baths
3,000 Sq Ft
$531/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $1,300,000 $433 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,051/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A
  • Back Yard

About This Home

As of May 2022

Introducing this 3 Story Plus Finished Basement, Brick Property in Prime Sunset Park. Each level features 3 Bedrooms and 2 Full Baths. Minutes away from All that 8th Avenue has to offer. Conveniently located near Tons of Shopping, Restaurants, Banks, and Much More. Public Transportation B63 Bus, N, R, W, and Q Trains Nearby. Quick Access to the BQE. Great Rental Potential and Investment Property, or for End User.

Last Agent to Sell the Property

Jie Min Xia

Momentum Real Estate LLC Listed on: 02/16/2022

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Stove
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,352

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 52.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 3000
  • Building Stories: 3
  • Street Name I D X: 56th
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 59
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 7352.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 17, 2022
Sold by
Huan Ling Yip Trustee and Joseph Li-Rong Cai Successor Trustee
Bought by
Dong Yi Jian
Seller's Agent
Jie Min Xia
Momentum Real Estate LLC
Buyer's Agent
NON MEMBER
Sold Price
$1,300,000
Current Estimated Value
$1,594,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,170
Avg. Annual Appreciation
6.09%
Original Mortgage
$850,000
Outstanding Balance
$806,387
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$787,783

Purchase Details

Closed on
Jun 3, 2015
Sold by
Cai Zhan Zai and Huan Ling Yip As Trustee
Bought by
Rong Kang Liu and Kitty Cai-Lau As Trustee

Purchase Details

Closed on
Nov 20, 2014
Sold by
Liu Rong Kang
Bought by
Rong Kang Liu and Hui Ying
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
Dong Yi Jian $1,300,000 --
Dong Yi Jian $1,300,000 --
Rong Kang Liu -- --
Rong Kang Liu -- --
Rong Kang Liu -- --
Rong Kang Liu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Yi Jian $850,000
Closed Dong Yi Jian $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $1,300,000 -- $433 / Sq Ft
02/16/2022 02/16/22 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 $8,283 $96,240 $28,620 $67,620
2024 $8,283 $91,980 $28,620 $63,360
2023 $7,902 $97,680 $28,620 $69,060
2022 $5,499 $80,580 $28,620 $51,960
2021 $7,352 $72,000 $28,620 $43,380
2020 $5,514 $73,560 $28,620 $44,940
2019 $7,189 $80,940 $28,620 $52,320
2014 $3,263 $28,638 $12,017 $16,621
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    15 in this area

    64 Total Sales

    Jie Min Xia
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459096

Brooklyn Board of REALTORS®

APN: 00832-0059

New York Kings County Brooklyn 11220 Sunset Park

549 56th St, Brooklyn, NY

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