NOT LISTED FOR SALE

577 E 28th St Brooklyn, NY 11210

Flatbush Neighborhood

Estimated Value: $827,318 - $1,275,000

7 Beds
3 Baths
1,980 Sq Ft
$550/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $1,050,000 $530 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,947/month

44 Days on Market

Highlights

  • Pre War Building
  • Building Patio
  • Garden
  • Intercom
  • Patio

About This Home

As of August 2023

Welcome to 577 East 28 Street, a Luxurious 2 family home nestled on a beautiful tree-lined street in Flatbush. From its roof to its foundation, this future family home has been remodeled to maximize space, comfort, and convenience.
Configured as a 4-bedroom and 1 bath rental unit which can generate amazing rental income to assist with mortgage payments over a 3-bedroom and 2 bath Owners Duplex. Both units enjoy expansive sun-drenched living areas which provide great space for entertaining, beautiful chefs granite kitchens equipped with full-sized stainless-steel appliances & ample cabinetry, hardwood flooring throughout, recessed lighting, fully tiled bathrooms with designer wall & floor tiles, spacious bedrooms equipped with ample closet space, central Heating & Air Systems. Brand new electrical, heating and plumbing systems throughout. Spacious rear yard to enjoy family & friends outdoor gatherings.
577 East 28 Street is conveniently located within 3 blocks of the 2 & 5 Express trains at Flatbush Avenue Station, Brooklyn College, Flatbush YMCA, key shopping centers, stores and venues. Come explore all the possibilities of East 28 Street and grab the opportunity to make this diamond in the ruff the place you call home.

Last Agent to Sell the Property

Farbod Yarahmadi

Christies International Real Estate Group LLC License #10401255800 Listed on: 05/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 18.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Community Details

  • Flatbush Subdivision
  • Building Patio

Listing and Financial Details

  • Legal Lot and Block 14 / 5230

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Foster Avenue/Farragut Road
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1980.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 5230
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 16, 2023
Sold by
Bai Jane Sung E
Bought by
Snell-Malik Ruschke J
Seller's Agent
Farbod Yarahmadi
Christies International Real Estate Group LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
289
Current Estimated Value
$1,089,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,830
Avg. Annual Appreciation
1.58%
Original Mortgage
$630,000
Outstanding Balance
$614,834
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$474,996

Purchase Details

Closed on
Jun 14, 2018
Sold by
Elite Properties Nyc Partners Llc
Bought by
Bai Jane Sung E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2017
Sold by
Neu Beginnings Real Estate Investors Llc
Bought by
Elite Properties Nyc Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2017
Sold by
Wells Fargo Bank N A As Trustee and % Specialized Loan Servicing Llc
Bought by
Neu Beginnings Real Estate Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2016
Sold by
Lai Hon Keung Esq
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 29, 2006
Sold by
Ramsay Elizabeth and Wilson Eustace
Bought by
Easton Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.18%

Purchase Details

Closed on
Aug 11, 1994
Sold by
New York Mtg Servicing Corp
Bought by
Ramsay Elizabeth and Wilson Eustace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Snell-Malik Ruschke J $1,050,000 --
Snell-Malik Ruschke J $1,050,000 --
Bai Jane Sung E $975,000 --
Bai Jane Sung E $975,000 --
Elite Properties Nyc Partners Llc $533,000 --
Elite Properties Nyc Partners Llc $533,000 --
Neu Beginnings Real Estate Investors Llc $489,672 --
Neu Beginnings Real Estate Investors Llc $489,672 --
Wells Fargo Bank Na $734,695 --
Wells Fargo Bank Na $734,695 --
Easton Kevin $625,000 --
Easton Kevin $625,000 --
Ramsay Elizabeth $130,000 --
Ramsay Elizabeth $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snell-Malik Ruschke J $630,000
Closed Snell-Malik Ruschke J $630,000
Previous Owner Bai Jane Sung E $682,500
Previous Owner Elite Properties Nyc Partners Llc $530,000
Previous Owner Easton Kevin $125,000
Previous Owner Easton Kevin $500,000
Previous Owner Ramsay Elizabeth $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $1,050,000 -4.5% $530 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,100,000 -- $556 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $2,849 $51,840 $13,260 $38,580
2024 $2,849 $58,800 $13,260 $45,540
2023 $2,845 $72,180 $13,260 $58,920
2022 $2,639 $57,480 $13,260 $44,220
2021 $2,631 $49,980 $13,260 $36,720
2020 $1,237 $41,640 $13,260 $28,380
2019 $2,473 $41,640 $13,260 $28,380
2018 $2,380 $11,673 $4,682 $6,991
2017 $2,246 $11,016 $3,734 $7,282
2016 $2,083 $10,419 $4,256 $6,163
2015 $1,253 $9,852 $6,019 $3,833
2014 $1,253 $9,852 $7,227 $2,625
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Farbod Yarahmadi

    Christies International Real Estate Group LLC

    (201) 303-7089

    1 in this area

    8 Total Sales

    Farbod Yarahmadi
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10882532

Real Estate Board of New York (REBNY)

APN: 05230-0014

New York Kings County Brooklyn 11210 Flatbush

577 E 28th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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