NOT LISTED FOR SALE

550 Central Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $996,000 - $1,232,000

5 Beds
4 Baths
3,039 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $1,050,000 $346 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,778/month

53 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Baseboard Heating
  • Corner Lot
  • Eat-In Kitchen
  • 4-minute walk to Irving Square Park

About This Home

As of September 2022

Amazing 2 family home in the heart of Brooklyn. Home will be delivered vacant. Property features 3 large bedrooms, 1.5 bath with living room and separate dining room over 2 bedroom, 1.5 baths. Large Eat-in- Kitchen. First floor unit has access to backyard and Large unfinished basement. Great corner property. Private parking. This home is close to shops, and transportation. This is a must see.

Last Agent to Sell the Property

Yadlynd Cherubin

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10301219471 Listed on: 04/02/2022

Keller Williams Realty Greater

Last Buyer's Agent

Yadlynd Cherubin

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10301219471 Listed on: 04/02/2022

Keller Williams Realty Greater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1998

Lot Details

  • 1,674 Sq Ft Lot
  • Lot Dimensions are 20.67x81
  • Corner Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Ps 299 Thomas Warren Field Elementary School
  • JHS 291 Roland Hayes Middle School
  • Bushwick Community High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 143 / 3396
  • Assessor Parcel Number 03396-0143

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,946

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1998
  • Attribution Contact: 516-873-7100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 291 Roland Hayes

Lot Info

  • Lot Dimensions: 20.67x81
  • Lot Size Sq Ft: 1674
  • Lot Features: Corner Lot
  • Parcel Number: 03396-0143
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7946
  • Tax Block: 3396
  • Tax Lot: 143

MLS Schools

  • Elementary School: Ps 299 Thomas Warren Field
  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
Sep 8, 2022
Sold by
Dupree Lynda and Dupris Lynde
Bought by
Goldspiel Howard and Goldspiel Marilyn
Seller's Agent
Yadlynd Cherubin
Keller Williams Realty Greater
Buyer's Agent
Yadlynd Cherubin
Keller Williams Realty Greater
List Price
$975,000
Sold Price
$1,050,000
Premium/Discount to List
$75,000
7.69%
Current Estimated Value
$1,140,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,371
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Dec 17, 1998
Sold by
Nyc Partnership Housing Development Fund
Bought by
Kollie Rosa and Dupris Lynde
Source: Public Records

Range of Values:

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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
Goldspiel Howard $1,050,000 --
Kollie Rosa $231,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kollie Rosa $171,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $1,050,000 +7.7% $346 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $975,000 -- $321 / 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 $8,424 $69,600 $11,400 $58,200
2024 $8,424 $61,620 $11,400 $50,220
2023 $8,036 $66,960 $11,400 $55,560
2022 $7,250 $73,380 $11,400 $61,980
2021 $7,650 $62,040 $11,400 $50,640
2020 $5,737 $61,800 $11,400 $50,400
2019 $7,019 $61,800 $11,400 $50,400
2018 $5,871 $32,976 $5,823 $27,153
2017 $5,149 $31,464 $7,794 $23,670
2016 $4,719 $31,464 $10,444 $21,020
2015 $1,351 $29,868 $8,848 $21,020
2014 $1,351 $29,128 $8,108 $21,020
Source: Public Records

Agents Affiliated with this Home

  • Yadlynd Cherubin

    Seller's Agent in 2022

    Yadlynd Cherubin

    Keller Williams Realty Greater

    (646) 271-3004

    1 in this area

    144 Total Sales

    Yadlynd Cherubin
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3388373

OneKey® MLS

APN: 03396-0143

New York Kings County Brooklyn 11207 Bushwick

550 Central Ave, Brooklyn, NY

This home is located at 550 Central Ave, Brooklyn, NY 11221 since 02 April 2022 and is currently estimated at $1,140,371, approximately $375 per square foot. This property was built in 1998. 550 Central Ave is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Bushwick Ascend Lower School.

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