NOT LISTED FOR SALE

604 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,709,000 - $1,971,000

8 Beds
3 Baths
2,878 Sq Ft
$643/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $1,515,000 $526 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,430/month

92 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Garage
  • Ditmas Junior High school Rated A-
  • Community Garden

About This Home

As of April 2021

OPEN HOUSE AND SHOWINGS BY APPOINTMENT ONLY. Book your appointment here (click or copy/paste link): bit.ly/604E7thStScheduler,


Solid, sprawling and sun-filled! Incredibly rare value for a savvy buyer to invest or live mortgage-free! With a footprint of 22 x 45, 3 stories plus finished English basement with tall ceilings, the possibilities are endless with this highly coveted 3-family home. Currently configured as two 3-bedroom 1 bath apartments, and one 2-bedroom 1 bath apartment, this house yields a respectable 4.2% cap rate as is. Or, easily reconfigure it as a spacious duplex with 2 high-income rentals, or a sprawling triplex with one high-income rental. No matter how you choose to use it, you will not find a better value proposition in Brooklyn! All the ingredients you need to easily create the home of your dreams without breaking the bank:
* Fully detached 22 x 45 building on 35 x 100 lot, with windows on all 4 sides!
* Private driveway with 2 car garage
* 3 outdoor spaces: welcoming porch overlooking a lush front garden, a large terrace on the second floor, and a spacious backyard for entertaining
* Beautiful hardwood floors throughout
* Original built-ins, gorgeous bay windows, stained glass details
* Enormous open plan finished English basement with tall ceilings Located on a treelined block near the border of Ditmas Park, and the amenities of Cortelyou Road. Convenient to the F train at Ditmas Ave, and the Q at Newkirk.

Last Agent to Sell the Property

Helen Chee

Compass License #10301217489 Listed on: 06/25/2020

Compass

Co-Listed By

Rezwan Sharif

Compass License #40SH1132448

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3,485

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,878 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 35.0 x 100.0

Listing and Financial Details

  • Legal Lot and Block 39 / 5390

Community Details

Overview

  • Kensington Subdivision

Amenities

  • Community Garden
  • Building Terrace

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Cross Street: Cortelyou Road/Ditmas Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 2878.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 35.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 5390
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Apr 8, 2021
Sold by
Trading Business Corp
Bought by
Rahaman Md N
Seller's Agent
Helen Chee
Compass
List Price
$1,515,000
Sold Price
$1,515,000
Current Estimated Value
$1,851,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,981
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,125,000
Outstanding Balance
$1,015,739
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$836,242

Purchase Details

Closed on
Feb 21, 2020
Sold by
Das Bidyut
Bought by
Trading Business Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2006
Sold by
Alce Frank
Bought by
Das Bidyut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Rahaman Md N $1,515,000 --
Trading Business Corp -- --
Das Bidyut $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahaman Md N $1,125,000
Previous Owner Trading Business Corp $999,999
Previous Owner Das Bidyut $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $1,515,000 0.0% $526 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $1,515,000 -- $526 / 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 $9,523 $109,080 $28,380 $80,700
2024 $9,523 $86,160 $28,380 $57,780
2023 $9,084 $92,580 $28,380 $64,200
2022 $8,424 $83,220 $28,380 $54,840
2021 $8,822 $91,260 $28,380 $62,880
2020 $8,801 $84,060 $28,380 $55,680
2019 $8,265 $84,060 $28,380 $55,680
2018 $7,598 $37,275 $11,554 $25,721
2017 $7,169 $35,167 $17,202 $17,965
2016 $6,984 $34,934 $20,250 $14,684
2015 $4,001 $34,900 $22,290 $12,610
2014 $4,001 $32,926 $20,218 $12,708
Source: Public Records

Agents Affiliated with this Home

  • Helen Chee

    Seller's Agent in 2021

    Helen Chee

    Compass

    (347) 733-5801

    3 in this area

    67 Total Sales

    Helen Chee
    Section Image
  • Rezwan Sharif

    Seller Co-Listing Agent in 2021

    Rezwan Sharif

    Compass

    (917) 434-1920

    3 in this area

    60 Total Sales

    Rezwan Sharif
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10641176

Real Estate Board of New York (REBNY)

APN: 05390-0039

New York Kings County Brooklyn 11218 Kensington

604 E 7th St, Brooklyn, NY

Not Listed for Sale

Detached

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