Seller's Agent in 2024
Natalie Rabaa
Brown Harris Stevens Brooklyn LLC
(718) 875-0100
1 in this area
63 Total Sales
557 E 3rd St Brooklyn, NY 11218
Kensington NeighborhoodEstimated Value: $1,540,000 - $2,390,038
4
Beds
3
Baths
3,400
Sq Ft
$551/Sq Ft
Est. Value
Highlights
- Wrap Around Porch
- 4-minute walk to Ditmas Avenue
- 3-minute walk to Dome Playground
- Ditmas Junior High school Rated A-
- Garage
About This Home
As of March 2024Welcome to this charming 4-bedroom, 3-bathroom home nestled on a quiet block in the desirable neighborhood of Kensington. With its classic appeal and rich history, this 2-family estate sale home is ready to be transformed into your dream haven. The potential is endless - bring your architect and restore this beauty to its former glory.
Step inside to discover the timeless elegance of the hardwood floors that flow throughout the generous approximately 3,400 square feet of living space. Natural light pours in from every angle, creating a warm and inviting atmosphere. The front sun porch is the perfect spot to enjoy your morning cup of coffee or unwind after a long day.
The terrace on the second level offers a tranquil retreat with scenic views, providing the ideal space to relax and rejuvenate. The property also features a garage and a shared driveway, ensuring ample parking for you and your guests.
While this home is being sold in "as is" condition, it possesses good bones and awaits your personal touch. Cash buyers are preferred for a smooth transaction. Conveniently located near transportation and a variety of amenities, this property guarantees a lifestyle of convenience and ease.
Don't miss out on this incredible opportunity to make this house your forever home and unlock its true potential. Embrace the opportunity and envision the possibilities, to create a space that reflects your unique style. Schedule your private showing today and seize the chance to own a piece of Kensington's history.
Last Agent to Sell the Property
Brown Harris Stevens Brooklyn LLC License #10401225460 Listed on: 12/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,020
Year Built
- Built in 1925
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100.00x25.00
Parking
- Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Additional Features
- Wrap Around Porch
- No Cooling
Community Details
- 2 Units
- Kensington Subdivision
Listing and Financial Details
- Legal Lot and Block 0051 / 05372
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Mar 21, 2024
Sold by
Estate Of Edward Gentile and Lucy Gentile Administrator
Bought by
557 E 3Rd Usa Llc
Seller's Agent
Natalie Rabaa
Brown Harris Stevens Brooklyn LLC
List Price
$1,400,000
Sold Price
$1,395,000
Premium/Discount to List
-$5,000
-0.36%
Views
68
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
$478,010
Avg. Annual Appreciation
18.22%
Original Mortgage
$1,225,000
Outstanding Balance
$1,203,278
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$669,732
Purchase Details
Listed on
Dec 1, 2023
Closed on
Feb 22, 2024
Sold by
Cole Jennifer R and Luongo Patrick J
Bought by
Estate Of Edward Gentile and Gentile
Seller's Agent
Natalie Rabaa
Brown Harris Stevens Brooklyn LLC
List Price
$1,400,000
Sold Price
$1,395,000
Premium/Discount to List
-$5,000
-0.36%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,203,278
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$669,732
Purchase Details
Listed on
Dec 1, 2023
Closed on
Feb 16, 2024
Sold by
Gentile Anthony and Joseph Gentile Deceased
Bought by
Estate Of Edward Gentile and Gentile
Seller's Agent
Natalie Rabaa
Brown Harris Stevens Brooklyn LLC
List Price
$1,400,000
Sold Price
$1,395,000
Premium/Discount to List
-$5,000
-0.36%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,203,278
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$669,732
Purchase Details
Closed on
Jul 1, 2020
Sold by
Estate Of Ann Gentile Fuchs and Estate Of Rose Luongo
Bought by
Gentile Edward
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 |
|---|---|---|---|
| 557 E 3Rd Usa Llc | $1,395,000 | -- | |
| 557 E 3Rd Usa Llc | $1,395,000 | -- | |
| Estate Of Edward Gentile | -- | -- | |
| Estate Of Edward Gentile | -- | -- | |
| Estate Of Edward Gentile | -- | -- | |
| Estate Of Edward Gentile | -- | -- | |
| Gentile Edward | -- | -- | |
| Gentile Edward | -- | -- | |
| Gentile Edward | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 557 E 3Rd Usa Llc | $1,225,000 | |
| Closed | 557 E 3Rd Usa Llc | $1,225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $1,395,000 | -0.4% | $410 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | For Sale | $1,400,000 | -- | $412 / 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 | $8,602 | $89,220 | $31,800 | $57,420 |
| 2024 | $8,602 | $94,200 | $31,800 | $62,400 |
| 2023 | $8,207 | $91,080 | $31,800 | $59,280 |
| 2022 | $3,854 | $72,780 | $31,800 | $40,980 |
| 2021 | $4,063 | $71,520 | $31,800 | $39,720 |
| 2020 | $4,063 | $78,120 | $31,800 | $46,320 |
| 2019 | $7,466 | $64,320 | $31,800 | $32,520 |
| 2018 | $6,864 | $33,674 | $16,933 | $16,741 |
| 2017 | $6,560 | $32,180 | $16,870 | $15,310 |
| 2016 | $6,433 | $32,180 | $22,771 | $9,409 |
| 2015 | $3,662 | $31,528 | $20,185 | $11,343 |
| 2014 | $3,662 | $29,744 | $18,217 | $11,527 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Rabaa
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10942628
APN: 05372-0051
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
RLS Data display by Homes.com LLC
Nearby Homes
- 370 Ocean Pkwy Unit 2L
- 415 Ocean Pkwy Unit 3G
- 415 Ocean Pkwy Unit 1J
- 306 Ditmas Ave
- 302 Ditmas Ave
- 304 Ditmas Ave
- 360 Ocean Pkwy Unit 5G
- 751 McDonald Ave
- 755 McDonald Ave
- 379 Ocean Pkwy Unit PHB
- 379 Ocean Pkwy Unit 3 D
- 379 Ocean Pkwy Unit 2C
- 379 Ocean Pkwy Unit 2 B
- 379 Ocean Pkwy Unit 4 D
- 379 Ocean Pkwy Unit 6 A
- 379 Ocean Pkwy Unit 3 B
- 688 E 4th St
- 510 Ocean Pkwy Unit 3J
- 515 E 7th St Unit 1M
- 515 E 7th St Unit 3P