NOT LISTED FOR SALE

Estimated Value: $1,275,997 - $1,403,000

6 Beds
3 Baths
2,829 Sq Ft
$480/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2022

Last sale price $1,270,000 $449 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,904 / mo

57 Days on Market

About This Home

As of September 2022

Welcome to 598 Kosciuszko Street a spaciously updated two-family brick townhouse with private parking ready for someone to call home or an incredible investment rental property with spectacular returns.

Located on the border of Bed-Stuy and Bushwick, this home offers the best from two of the hottest rising Brooklyn markets.

Investors can expect an incredible return with rising rents while prospective homeowners can offset some of the mortgage cost with a live/rent investment property.

The primary owner's unit features a duplex level design with 4 bedrooms, 2 full bathrooms, tons of closet space, and wide-open living room space on both floors which can offer versatility for a recreational area, 2nd living room space, or home gym. The kitchen has been recently renovated with stainless steel appliances and a dishwasher.

A 600sqft private outdoor space is exclusive to the primary unit and can be used to host unforgettable summer BBQ experiences or a magical urban jungle garden.

The secondary unit features a private entrance with beautifully reconstructed stairs that open into a spacious sun-drenched living room/dining room space. The kitchen has also been renovated with stainless steel appliances and a dishwasher. Both bedrooms face the rear of the building with ample built-in closet space in each room.

The heating and boilers have been recently updated and separated for each unit, bringing down the cost of utilities for the new homeowners while also avoiding maintenance and repair issues. A washer/dryer hookup is also available in the owner's duplex.

598 Kosciuszko Street is located in the absolute perfect spot. A short half-block walk to the Kosciuszko Street J train and a quick 9-minute walk to Myrtle & Broadway, this location blends the absolute very best of what both Bed-Stuy and Bushwick have to offer.

Delivered fully vacant and perfect for both first-time homebuyers or investors looking for excellent returns in a location prime to appreciate, this stunning well-rounded property is everything you could ask for.

Last Agent to Sell the Property

Marshal Li

Compass License #10301223049 Listed on: 04/28/2022

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 19.0 x 100.0
  • Garden

Interior Spaces

  • 2,829 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 107 / 1608

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

1,917 Sq Ft Lot

Listing Details

  • Cross Street: Malcolm X Boulevard/Broadway
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2829.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1993

Tax Info

  • Tax Block: 1608
  • Tax Lot: 107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Sep 16, 2022
Sold by
Helen Hau As Trustee
Bought by
Chen Minyu
Seller's Agent
Marshal Li
Compass
List Price
$1,445,000
Sold Price
$1,270,000
Premium/Discount to List
-$175,000
-12.11%
Views
1
Current Estimated Value
$1,358,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,499
Avg. Annual Appreciation
1.91%
Original Mortgage
$635,000
Outstanding Balance
$608,607
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$749,892

Purchase Details

Closed on
Oct 6, 2017
Sold by
Hau Hung-Sang
Bought by
Helen Hau As Trustee and Hung Sang Hau Revocable Trust
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
Chen Minyu $1,270,000 --
Helen Hau As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Minyu $635,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $1,270,000 -2.2% $449 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $1,299,000 -10.1% $459 / Sq Ft
06/15/2022 06/15/22 For Sale $1,445,000 -- $511 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,826 $70,380 $15,720 $54,660
2024 $7,826 $67,740 $15,720 $52,020
2023 $7,590 $72,060 $15,720 $56,340
2022 $7,039 $66,060 $15,720 $50,340
2021 $7,000 $61,020 $15,720 $45,300
2019 $6,793 $78,780 $15,720 $63,060
2018 $6,349 $31,145 $8,491 $22,654
2017 $5,990 $29,383 $8,368 $21,015
2016 $5,232 $27,720 $9,949 $17,771
2015 -- $27,720 $14,910 $12,810
2014 -- $27,060 $8,152 $18,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10830662

Real Estate Board of New York (REBNY)

APN: 01608-0107

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