NOT LISTED FOR SALE

5708 7 Ave Unit 6B Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $495,000 - $716,000

1 Bed
1 Bath
577 Sq Ft
2008 Built

Last Sold July 09, 2021

Last sale price $498,000 $863 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,024/month

About This Home

As of July 2021

Introducing an opportunity to own this condo located in the coveted area of Sunset Park, Brooklyn. There are 13 years of tax abatement left. The condo is approximately 577 sqft and it has 1 bedroom, 1 full bathroom, a spacious living room, and an open kitchen concept. The condo also features an in-unit washer and dryer for your own convenience as well as an elevator for easy ups and downs. The condo is only a minute walk away from the popular 8th Avenue and it is flooded with restaurants, shops, doctors' offices, pharmacies, and supermarkets. The property is located conveniently by public transportation options including B9, B16, B70, and the N train. The property is located in an AMAZING school district zoning to PS 69 and JHS 220 both highly rated.

Last Agent to Sell the Property

Chao Wang

Momentum Real Estate LLC Listed on: 11/19/2020

Last Buyer's Agent

Joseph Znak

Ben Bay Realty Co of Bay Ridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $155

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System

Home Design

  • 577 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 10 Units
  • Association Phone (212) 349-5392
  • Trahall Plaza Condo
  • Property managed by Bethel Management Inc

Listing and Financial Details

  • Tax Block 849
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$155

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 57th St
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 288.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 577
  • Street Name I D X: 7
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1012

Utilities

  • Air Conditioning Units: 0
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Bethel Management Inc
  • Manager Phone: 212-349-5392
  • Units In Building: 10

Lot Info

  • Building Project Name: Trahall Plaza Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 155.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jul 9, 2021
Sold by
Ng Celia
Bought by
Dong Ethan Xiang and Dong Ting
Seller's Agent
Chao Wang
Momentum Real Estate LLC
Buyer's Agent
Joseph Znak
Ben Bay Realty Co of Bay Ridge
Sold Price
$498,000
Current Estimated Value
$575,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,722
Avg. Annual Appreciation
3.28%
Original Mortgage
$398,400
Outstanding Balance
$360,087
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,635

Purchase Details

Closed on
Dec 15, 2010
Sold by
Trahall Realty Inc
Bought by
Ng Celia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Ethan Xiang $498,000 --
Dong Ethan Xiang $498,000 --
Dong Ethan Xiang $498,000 --
Ng Celia $325,261 --
Ng Celia $325,261 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Ethan Xiang $398,400
Closed Dong Ethan Xiang $398,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $498,000 -- $863 / Sq Ft
11/19/2020 11/19/20 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 $156 $66,491 $4,853 $61,638
2024 $156 $68,939 $4,853 $64,086
2023 $153 $69,429 $4,853 $64,576
2022 $152 $70,628 $4,853 $65,775
2021 $148 $61,594 $4,853 $56,741
2020 $154 $69,605 $4,853 $64,752
2019 $156 $69,471 $4,853 $64,618
2018 $158 $64,220 $4,853 $59,367
2017 $158 $61,327 $4,853 $56,474
2016 $160 $67,469 $4,854 $62,615
2015 -- $45,350 $4,853 $40,497
2014 -- $42,947 $4,854 $38,093
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chao Wang

    Momentum Real Estate LLC

    (718) 382-0001

    5 in this area

    49 Total Sales

    Chao Wang
    Section Image
  • Joseph Znak

    Buyer's Agent in 2021

    Joseph Znak

    Ben Bay Realty Co of Bay Ridge

    (917) 348-3199

    1 in this area

    23 Total Sales

    Joseph Znak
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 445528

Brooklyn Board of REALTORS®

APN: 00849-1012

New York Kings County Brooklyn 11220 Sunset Park

5708 7 Ave Unit 6B, Brooklyn, NY

Not Listed for Sale

Condos

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