NOT LISTED FOR SALE

5708 7th Ave Unit 5A Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $538,000 - $657,000

2 Beds
1 Bath
581 Sq Ft
2008 Built

Sale Details

Date Sold: February 17, 2022

Last sale price $560,000 $964 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,203 / mo

Highlights

  • Intercom to Front Desk
  • P.S. 69 Vincent D Grippo School Rated A-
  • 4-minute walk to Rainbow Playground

About This Home

As of February 2022

Introducing an opportunity to own this condo located in the coveted area of Sunset Park, Brooklyn. There are 12 years of tax abatement left. The condo is approximately 581 sq ft use as two bedrooms, 1 full bathroom, a 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 short distance 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.

Last Agent to Sell the Property

WeiXing(Winston) Lao

E House Realty & Mgt. Inc. Listed on: 10/12/2021

Co-Listed By

MingQin Sun (Phoebe)

E House Realty & Mgt. Inc

Last Buyer's Agent

MingQin Sun (Phoebe)

E House Realty & Mgt. Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $153

Year Built

  • Built in 2008

Home Design

  • 581 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Stove
  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 849
  • Property eligible for a tax abatement

Community Details

Overview

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

Amenities

  • Intercom to Front Desk
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$153

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 117391
  • Co List Office Phone: (718) 551-4795
  • Confirmed By M L S Y N: Yes
  • Cross Street: Between 57th St and 58th 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: A/C Unit - Window, Dryer, Elevator, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 581
  • Street Name I D X: 7th
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 5
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1009

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Building Project Name: Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 153.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Feb 17, 2022
Sold by
Bought by
Seller's Agent
WeiXing(Winston) Lao
E House Realty & Mgt. Inc.
Buyer's Agent
MingQin Sun (Phoebe)
E House Realty & Mgt. Inc
Sold Price
$560,000
Current Estimated Value
$591,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,806
Avg. Annual Appreciation
1.28%
Original Mortgage
$388,000
Outstanding Balance
$356,132
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,674

Purchase Details

Closed on
Sep 25, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2012
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 --
$470,000 --
$218,010 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $388,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $560,000 -- $964 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $156 $70,230 $4,853 $65,377
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 $153 $61,594 $4,853 $56,741
2020 $75 $69,605 $4,853 $64,752
2019 $157 $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 $125 $45,350 $4,853 $40,497
2014 $125 $42,947 $4,854 $38,093
Source: Public Records

Agents Affiliated with this Home

  • WeiXing(Winston) Lao

    Seller's Agent in 2022

    WeiXing(Winston) Lao

    E House Realty & Mgt. Inc.

    (347) 839-8822

    7 in this area

    23 Total Sales

    WeiXing(Winston) Lao
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    MingQin Sun (Phoebe)

    E House Realty & Mgt. Inc

    (917) 821-1966

    18 in this area

    100 Total Sales

    MingQin Sun (Phoebe)
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456310

Brooklyn Board of REALTORS®

APN: 00849-1009

New York Kings County Brooklyn 11220 Sunset Park

5708 7th Ave Unit 5A, Brooklyn, NY

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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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