NOT LISTED FOR SALE

62 E 57 St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $771,000 - $998,000

Studio
4 Baths
1,620 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $520,001 $321 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,859/month

Highlights

  • Ceramic Tile Flooring
  • Baseboard Heating
  • Back and Front Yard
  • Brick Front

About This Home

As of May 2020

Semi-detached 2 family with a shared driveway located on nice block in the East Flatbush section of Brooklyn. 3 bedroom 1.75 bath unit over 2 bedroom 1.75 bath unit over a finished basement. Needs TLC. Property sold AS IS with no representations or warranties. Sold with violations and buyer paying the transfer taxes. Buyer must verify all information including the C of O. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries. Seller has requested that all highest & best offers be submitted by 4/29/2020 11:59:00 PM Mountain Time.

Last Agent to Sell the Property

Christopher King

Listed on: 04/15/2020

Last Buyer's Agent

Christopher King

Listed on: 04/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1920

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Back and Front Yard

Parking

  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Siding
  • Brick Front

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,999

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Length: 58.00
  • Building Width: 15.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Lenox Rd
  • Cross Street Name2: Linden Blvd
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Seller
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1620
  • Building Stories: 2
  • Street Name I D X: 57
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Flooring: Ceramic, Laminate
  • Lot Sq Ft: 1800

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick Face, Siding
  • Foundation Details: Other
  • Lot Number: 25
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 4999.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Hadasim Llc
Bought by
Watson Andrea and Watson Keleisha
Current Estimated Value
$832,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,336
Outstanding Balance
$800,913
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$31,800

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 27, 2020
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Hadasim Llc
Seller's Agent
Christopher King
Buyer's Agent
Christopher King
Sold Price
$520,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$500,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2017
Sold by
Cerchione Gregory T
Bought by
The Bank Of Ny Mellon Trust

Purchase Details

Closed on
Sep 22, 2005
Sold by
American Eagle Real Estate Llc
Bought by
Shasho Egal

Purchase Details

Closed on
Jun 3, 2003
Sold by
Rio Frank J Esq
Bought by
American Eagle Real Estate Llc

Purchase Details

Closed on
Feb 9, 1999
Sold by
Ali Nick Naushad and Banwarie Judy Juliet
Bought by
Clarke Anderson D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,847
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 1998
Sold by
Ali Nick Naushad and Teelucksingh Jasper
Bought by
Ali Nick Naushad and Banwarie Judy Juliet
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
Watson Andrea $920,000 --
Watson Andrea $920,000 --
Watson Andrea $920,000 --
Hadasim Llc $529,491 --
Hadasim Llc $529,491 --
Hadasim Llc $529,491 --
The Bank Of Ny Mellon Trust $783,484 --
The Bank Of Ny Mellon Trust $783,484 --
The Bank Of Ny Mellon Trust $783,484 --
Shasho Egal -- --
Shasho Egal -- --
American Eagle Real Estate Llc -- --
American Eagle Real Estate Llc -- --
Clarke Anderson D $175,000 Stewart Title Insurance Co
Clarke Anderson D $175,000 Stewart Title Insurance Co
Ali Nick Naushad -- Stewart Title Insurance Co
Ali Nick Naushad -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Andrea $903,336
Closed Watson Andrea $903,336
Previous Owner Hadasim Llc $500,000
Previous Owner Clarke Anderson D $174,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $520,001 -- $321 / Sq Ft
04/15/2020 04/15/20 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 $6,058 $43,320 $17,820 $25,500
2024 $6,058 $42,120 $17,820 $24,300
2023 $6,082 $50,400 $17,820 $32,580
2022 $5,661 $55,200 $17,820 $37,380
2021 $5,268 $31,200 $17,820 $13,380
2020 $4,970 $29,340 $17,820 $11,520
2019 $4,940 $26,160 $17,820 $8,340
2018 $4,778 $23,437 $11,919 $11,518
2017 $4,507 $22,111 $17,559 $4,552
2016 $4,170 $20,860 $15,645 $5,215
2015 $2,492 $19,680 $15,360 $4,320
2014 $2,492 $19,680 $15,360 $4,320
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christopher King

    (718) 857-3400

    1 in this area

    38 Total Sales

    Christopher King
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437723

Brooklyn Board of REALTORS®

APN: 04662-0025

New York Kings County Brooklyn 11203 East Flatbush

62 E 57 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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