NOT LISTED FOR SALE

Estimated Value: $762,454 - $930,000

-- Bed
2 Baths
1,802 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $728,000 $404 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,150/month

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Private Driveway
  • P.S. 236 Mill Basin Rated A
  • Heating System Uses Steam
  • Community Storage Space

About This Home

As of February 2024

Come see this beautiful Legal 2 family brick home located in prime old mill basin is the perfect place. The ground floor apartment features 1 spacious bedroom, an eat-in kitchen, ample closet space, completing it with a living room and windowed kitchen access to a huge private backyard. The second-floor apartment consists of spacious two bedrooms, gorgeous living room, Eat-in-kitchen and access to front porch where you can enjoy your morning tea or coffee. Private parking along with a built-in garage that can easily park for 3 cars and gives you access to the interior of the home.This is a unique opportunity to own a beautiful property that offers additional income all located close to shopping, transportation, near great school, parks and restaurants. Building: 22x56, Lot 20x100, Annual Property Tax: $6913 .Won’t last!

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 10/16/2023

RE/MAX Edge

Last Buyer's Agent

Dan Dong

RE/MAX Edge Listed on: 10/16/2023

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1955

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1,802 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove

Parking

  • 3 Car Attached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 7903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,913

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1120
  • Building Length: 56.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 58th St
  • Cross Street Name2: East 59th St
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1802
  • Building Stories: 2
  • Street Name I D X: Avenue O
  • Street Number I D X: 5817
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 3
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 6913.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Feb 8, 2024
Sold by
Young William and Young William D
Bought by
Hu Simin
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Dan Dong
RE/MAX Edge
List Price
$749,000
Sold Price
$728,000
Premium/Discount to List
-$21,000
-2.8%
Current Estimated Value
$834,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,364
Avg. Annual Appreciation
5.62%
Original Mortgage
$572,000
Outstanding Balance
$563,638
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,373
Source: Public Records

Range of Values:

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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
Hu Simin $728,000 --
Hu Simin $728,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Simin $572,000
Closed Hu Simin $572,000
Previous Owner Young William $1,072
Previous Owner Young William $21,607
Previous Owner Young William $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $728,000 -2.8% $404 / Sq Ft
10/16/2023 10/16/23 For Sale $749,000 -- $416 / Sq Ft
10/14/2023 10/14/23 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 $7,246 $42,420 $9,840 $32,580
2024 $7,246 $42,660 $9,840 $32,820
2023 $6,913 $47,220 $9,840 $37,380
2022 $6,411 $42,060 $9,840 $32,220
2021 $6,720 $41,880 $9,840 $32,040
2020 $5,069 $34,980 $9,840 $25,140
2019 $6,290 $34,140 $9,840 $24,300
2018 $5,782 $28,365 $7,925 $20,440
2017 $5,455 $26,760 $9,840 $16,920
2016 $5,434 $27,180 $9,840 $17,340
2015 $3,456 $26,220 $10,920 $15,300
2014 $3,456 $25,504 $10,622 $14,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 477555

Brooklyn Board of REALTORS®

APN: 07903-0003