NOT LISTED FOR SALE

626 E 4th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,385,000 - $1,755,000

7 Beds
4 Baths
2,738 Sq Ft
$576/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,500,000 $548 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,380/month

23 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Ditmas Avenue
  • Hot Water Heating System
  • Ditmas Junior High school Rated A-
  • Victorian Architecture

About This Home

As of March 2023

This home is located at 626 E 4th St, Brooklyn, NY 11218 since 22 May 2022 and is currently estimated at $1,578,117, approximately $576 per square foot. This property was built in 1920. 626 E 4th St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Mavakshai Hashem.

Last Agent to Sell the Property

Gregory Lazare

HomeSmart CrossIsland License #10401304299 Listed on: 05/22/2022

HomeSmart CrossIsland

Last Buyer's Agent

NURUL HUDA

Omni Realty Corp License #10301205475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,755

Year Built

  • Built in 1920

Lot Details

  • 2,900 Sq Ft Lot
  • Lot Dimensions are 29x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ps 179 Kensington Elementary School
  • JHS 62 Ditmas Middle School
  • Franklin D Roosevelt High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 3-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 29 / 5387
  • Assessor Parcel Number 05387-0029

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,755

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Property Condition: Very Good
  • Levels: Three Or More
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-341-9800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Kitchens: 3

Exterior Features

  • Construction Materials: Frame, Brick, Stucco
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 179 Kensington
  • Middle School: Jhs 62 Ditmas
  • High School: Franklin D Roosevelt High School
  • Middle School: Jhs 62 Ditmas

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 29x100
  • Lot Size Sq Ft: 2900.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05387-0029
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-31
  • Included in Taxes: Sewer
  • Tax Annual Amount: 8755.36
  • Tax Block: 5387
  • Tax Lot: 29
  • Tax Map Number: 05387-0029

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 179 Kensington
  • High School: Franklin D Roosevelt High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Mar 31, 2023
Sold by
Demosthene Margarette and Demosthene Yves
Bought by
Begum Ferdous and Rumel Rahat Hossan
Seller's Agent
Gregory Lazare
HomeSmart CrossIsland
Buyer's Agent
NURUL HUDA
Omni Realty Corp
List Price
$1,745,900
Sold Price
$1,500,000
Premium/Discount to List
-$245,900
-14.08%
Views
23
Current Estimated Value
$1,578,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,117
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,095,000
Outstanding Balance
$1,064,719
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$513,398

Purchase Details

Closed on
Aug 31, 2010
Sold by
Charlemagne Immacula and Demosthene Margarette
Bought by
Demosthene Margarette and Demosthene Yves
Source: Public Records

Range of Values:

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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
Begum Ferdous $1,500,000 --
Demosthene Margarette $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Ferdous $1,095,000
Previous Owner Charlemagne Immacula $137,696
Previous Owner Charlemagne Immacula $210,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $1,500,000 -14.1% $548 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $1,745,900 -- $638 / Sq Ft
Source: OneKey® MLS

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 $9,388 $116,580 $27,720 $88,860
2024 $9,388 $95,160 $27,720 $67,440
2023 $8,956 $92,820 $27,720 $65,100
2022 $8,305 $75,960 $27,720 $48,240
2021 $8,755 $74,280 $27,720 $46,560
2020 $4,319 $77,100 $27,720 $49,380
2019 $8,148 $72,360 $27,720 $44,640
2018 $7,491 $36,748 $15,897 $20,851
2017 $7,067 $34,669 $18,305 $16,364
2016 $6,931 $34,669 $18,538 $16,131
2015 $3,945 $34,408 $21,738 $12,670
2014 $3,945 $32,461 $19,163 $13,298
Source: Public Records

Agents Affiliated with this Home

  • Gregory Lazare

    Seller's Agent in 2023

    Gregory Lazare

    HomeSmart CrossIsland

    (646) 256-9646

    1 in this area

    25 Total Sales

    Gregory Lazare
    Section Image

  • N

    Buyer's Agent in 2023

    NURUL HUDA

    Omni Realty Corp

    (917) 238-4161

    1 in this area

    15 Total Sales

    NURUL HUDA
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3401753

OneKey® MLS

APN: 05387-0029

New York Kings County Brooklyn 11218 Kensington

626 E 4th St, Brooklyn, NY

This home is located at 626 E 4th St, Brooklyn, NY 11218 since 22 May 2022 and is currently estimated at $1,578,117, approximately $576 per square foot. This property was built in 1920. 626 E 4th St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Mavakshai Hashem.

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