Seller's Agent in 2022
Danielle Nazinitsky
Decode Real Estate
(330) 936-7928
2 in this area
67 Total Sales
551 St Marks Ave Brooklyn, NY 11216
Crown Heights NeighborhoodEstimated Value: $2,277,000 - $2,991,000
6
Beds
6.5
Baths
3,017
Sq Ft
$880/Sq Ft
Est. Value
Highlights
- Pre War Building
- Laundry Facilities
- 4-minute walk to Park Place (S Line)
About This Home
As of February 2022Welcome to 551 Saint Marks - a 4 story 2 family house that is fully renovated and updated! There are 6 bedrooms and 6.5 bathrooms set over an owners triplex with 4 bedrooms and 4.5 bathrooms and interior access to the basement! Additionally there is a 2 bedroom 2 bath rental that generates $3,300 of income!
Originally constructed in 1905, the house has been fully updated with American Walnut floors, central air conditioning, bluetooth sound system, casement windows & more! The house has a classic charm with a front porch and large oversized deck to the backyard. The house is 17.75X40 on 3 levels with an extension to 50 feet on the garden on an extra deep 128.5 lot!
The owner's triplex has a large living / dining area with updated kitchen with custom storage & kitchen island featuring Caesarstone countertops, Viking refrigerator, Viking six-burner stove, and dishwasher. There is a powder room that matches the custom painted kitchen cabinets!
Upstairs are four bedrooms, four full baths and laundry room with excellent closet space throughout! The master bedroom faces north to greenery and windowed 5 piece master bath with marble tiled floors, double vanity, a glass-enclosed rain shower, and deep-soaking tub. Down the hall, is another bedroom and windowed second bathroom currently used as an office and guest bedroom.
On the third floor, there are two large bedrooms with an ensuite bathroom, two skylights and laundry area with oversized washer/dryer!
The basement can be accessed through an interior staircase and is finished with tile floors & can be used for multiple purposes!
The separate garden floor two-bedroom two bath unit is currently rented out for $3,300 per month offsetting a large portion of the mortgage + property taxes. It is currently owner-occupied and lots of recent upgrades throughout!
You cannot get a better location in the "Pro - Cro" area of Crown Heights right off Frankling avenue! Close to the 2/3/4/5 at Franklin Avenue and also near the S train on Prospect Avenue. There are SO many amazing restaurants, bars and cafes nearby! Not to mention Prospect Park. Super low property taxes and excellent rental income make this a perfect long term investment!
Last Agent to Sell the Property
Decode Real Estate License #10401266823 Listed on: 10/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,350
Year Built
- Built in 1905
Lot Details
- Lot Dimensions are 17.0 x 128.0
Home Design
- Pre War Building
Interior Spaces
- 3,017 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
Community Details
- Crown Heights Subdivision
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 80 / 1217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2021
Closed on
Feb 17, 2022
Sold by
Yarimkaya Cezmi and Yarimkaya Danielle
Bought by
Eva Ivanna Kassel Hoffman As Trustee and The Eva Ivanna Kassel Hoffman 2021 Revoc
Seller's Agent
Danielle Nazinitsky
Decode Real Estate
Sold Price
$2,800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,085
Avg. Annual Appreciation
-1.51%
Original Mortgage
$341,072
Outstanding Balance
$318,423
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,335,492
Purchase Details
Closed on
Nov 14, 2019
Sold by
551 Bricks Llc
Bought by
Yarimkaya Cezmi and Yarimkaya Danielle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 20, 2018
Sold by
Series 2006-Ff14 and The First Franklin Mortgage Loan Trust 2
Bought by
551 Bricks Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2016
Sold by
Krohn Paul Esq
Bought by
First Franklin Mortgage Loan Trust 2006- and Mortgage Pass-Through Certificates Serie
Purchase Details
Closed on
Jul 7, 2006
Sold by
Baylor Michael D
Bought by
Cantey Matha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 2005
Sold by
Rozario Elveriene
Bought by
Baylor Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.54%
Purchase Details
Closed on
Jun 10, 2004
Sold by
Blanding Jesse
Bought by
Rozario Elveriene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eva Ivanna Kassel Hoffman As Trustee | $2,800,000 | -- | |
| Yarimkaya Cezmi | $2,399,000 | -- | |
| 551 Bricks Llc | $925,000 | -- | |
| First Franklin Mortgage Loan Trust 2006- | $1,266,697 | -- | |
| Cantey Matha | $750,000 | -- | |
| Cantey Matha | $750,000 | -- | |
| Baylor Michael D | $700,000 | -- | |
| Baylor Michael D | $700,000 | -- | |
| Rozario Elveriene | $440,000 | -- | |
| Rozario Elveriene | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eva Ivanna Kassel Hoffman As Trustee | $341,072 | |
| Previous Owner | Yarimkaya Cezmi | $474,000 | |
| Previous Owner | 551 Bricks Llc | $875,000 | |
| Previous Owner | 551 Bricks Llc | $250,000 | |
| Previous Owner | Cantey Matha | $200,000 | |
| Previous Owner | Cantey Matha | $150,000 | |
| Previous Owner | Cantey Matha | $600,000 | |
| Previous Owner | Baylor Michael D | $70,000 | |
| Previous Owner | Baylor Michael D | $560,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2022 02/17/22 | Sold | $2,800,000 | 0.0% | $928 / Sq Ft |
| 11/04/2021 11/04/21 | For Sale | -- | -- | -- |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $2,800,000 | -- | $928 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $5,350 | $132,720 | $18,600 | $114,120 |
| 2024 | $5,350 | $104,820 | $18,600 | $86,220 |
| 2023 | $5,410 | $92,640 | $18,600 | $74,040 |
| 2022 | $3,977 | $75,840 | $18,600 | $57,240 |
| 2021 | $5,478 | $83,160 | $18,600 | $64,560 |
| 2020 | $862 | $80,160 | $18,600 | $61,560 |
| 2019 | $1,665 | $88,680 | $18,600 | $70,080 |
| 2018 | $1,623 | $7,960 | $1,446 | $6,514 |
| 2017 | $1,610 | $7,899 | $1,776 | $6,123 |
| 2016 | $1,490 | $7,453 | $2,169 | $5,284 |
| 2015 | $899 | $7,032 | $2,446 | $4,586 |
| 2014 | $899 | $6,634 | $2,769 | $3,865 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Nazinitsky
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10758765
APN: 01217-0080
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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