NOT LISTED FOR SALE

Estimated Value: $725,400 - $883,000

5 Beds
3 Baths
3,092 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $690,000 $223 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,733/month

48 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to New Lots Avenue (3,4 Line)
  • Den
  • Wood Flooring
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of May 2024

AMAZING INVESTMENT OPPORTUNITY & VERY LOW TAXES! This spacious 5-bed, 3-bath two-family brick property in East New York is an investor's dream. Property sits on 26x90 lot & has an interior sq. ft. of 2,892. 3-bed, 2-bath over 2-bed, 2-bath building has a layout that lends itself to additional bedrooms. First-floor unit has a bonus room to the rare of property that can be used as an office. Most of 2nd floor rooms can be accessed from the hallway allowing for reconfiguration of the space. Basement has an outside entrance to the front AND an outside entrance to the back of the property plus three bonus rooms, high ceilings, a full bath & spacious kitchen area. Property is conveniently located 0.4 miles from 2, 3 and 4 trains at the New Lots Ave. station and B14 MTA bus line along Sutter Ave. Gateway Center Mall 1.7 miles away affords the new owner & residents an opportunity to grab creature comforts near home. Property is VACANT and being sold AS-IS. Buyer can look forward to a smooth sale and no tenant-related closing delays. With limited investment property inventory, this is a market gem!

Last Agent to Sell the Property

Susan Clarke

Keller Williams Legendary Brokerage Phone: 347-393-5374 License #10401291235 Listed on: 01/25/2024

Keller Williams Legendary

Last Buyer's Agent

Susan Clarke

Keller Williams Legendary Brokerage Phone: 347-393-5374 License #10401291235 Listed on: 01/25/2024

Keller Williams Legendary

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1930

Lot Details

  • 2,340 Sq Ft Lot
  • Lot Dimensions are 26x90
  • No Common Walls
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • No Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Den
  • Storage
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • East New York Elementary-Excellence School
  • East New York Middle Sch-Excellence
  • East Ny Family Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 10 / 4064
  • Assessor Parcel Number 04064-0010

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,095

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 347-393-5374
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Inclusions: Gas Tank,Mailbox
  • Total Bedrooms: 5
  • Living Area: 3092
  • SquareFootage: 3092.00
  • SquareFootageSource: Field Measured
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Partial
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: No
  • Parking Description: Shared Driveway, Attached, 2 Car Attached, No Garage, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: East New York Middle Sch-Excellence

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 26x90
  • Lot Size Sq Ft: 2340
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04064-0010
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-01-31

Rental Info

  • Lease Considered: No
  • Available Date: 2024-03-25

Multi Family

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

Tax Info

  • Tax Annual Amount: 3094.92
  • Tax Block: 4064
  • Tax Lot: 10
  • Tax Map Number: 04064-0010

MLS Schools

  • Elementary School: East New York Elementary-Excellence
  • High School: East Ny Family Academy
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
May 2, 2024
Sold by
Brown David A and Brown Karing
Bought by
555 Ashford Llc
Seller's Agent
Susan Clarke
Keller Williams Legendary
Buyer's Agent
Susan Clarke
Keller Williams Legendary
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Views
25
Current Estimated Value
$820,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,100
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
Mar 2, 2022
Sold by
Brown David A and Brown Karing
Bought by
Brown David A and Brown Karing

Purchase Details

Closed on
Aug 18, 1995
Sold by
Brown Vincent A
Bought by
Brown Certina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
555 Ashford Llc $690,000 --
555 Ashford Llc $690,000 --
Brown David A -- --
Brown David A -- --
Brown Certina -- --
Brown Certina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Certina $407,500
Previous Owner Brown Certina $324,000
Previous Owner Brown Certina $270,000
Previous Owner Brown Certina $200,000
Previous Owner Brown Certina $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $690,000 0.0% $223 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/15/2024 02/15/24 Off Market $690,000 -- --
01/25/2024 01/25/24 For Sale $750,000 -- $243 / 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 $3,280 $61,740 $11,880 $49,860
2024 $3,280 $50,460 $11,880 $38,580
2023 $3,129 $54,060 $11,880 $42,180
2022 $2,615 $51,360 $11,880 $39,480
2021 $2,591 $53,400 $11,880 $41,520
2020 $1,943 $44,640 $11,880 $32,760
2019 $2,554 $43,740 $11,880 $31,860
2018 $2,320 $12,841 $4,280 $8,561
2017 $2,170 $12,115 $3,383 $8,732
2016 $1,975 $11,431 $3,971 $7,460
2015 $1,159 $11,419 $4,132 $7,287
2014 $1,159 $11,342 $4,925 $6,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3527555

OneKey® MLS

APN: 04064-0010