NOT LISTED FOR SALE

Estimated Value: $1,562,974 - $1,782,000

3 Beds
2 Baths
2,832 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $1,620,000 $572 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,604/month

45 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Patio
  • IS 220 John J. Pershing Rated A
  • Building Patio
  • 2-minute walk to Rainbow Playground

About This Home

As of August 2023

First Showing Sunday - March 26th - Open House 11am to 1pm

Run, don't walk to see this Two-family house Sunset Park.

Upon entering the home, you are greeted with a bright foyer with skylight that gives access to both units and the basement.

Currently configured as two floors through apartment, it is easily converted into a main floor duplex with the English basement to double the size of the living area. This unit features a generous living room, a separate dining area, and a large kitchen, providing ample space for entertaining. The unit also has 1-bedroom with ample closet space, home-office and one full bathroom. Access to the rear patio and garden is also through this unit.

The second-floor unit has a similar layout but has a second, smaller bedroom off the main bedroom and can be easily accessed through the main foyer and can provide potential rental income.

This home's original hardwood floors have been well-preserved, adding a touch of charm to the property. With some updates and personal touches, this house will make an amazing home.

With Industry City nearby, multiple subway and bus options, and shopping along 5th and 7th Avenue, don't miss the opportunity to make this home your own and schedule a viewing today!

Last Agent to Sell the Property

Hiram Borrero

Compass License #10401235120 Listed on: 03/22/2023

Compass

Co-Listed By

Louis Belisario

Revived Residential License #10301206828

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,876

Year Built

  • Built in 1920

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2,832 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 20.0 x 100.17

Community Details

  • Sunset Park Subdivision
  • Building Patio

Listing and Financial Details

  • Legal Lot and Block 64 / 817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,876

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: 6th Avenue/7th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2832.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.17

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 817
  • Tax Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 24, 2023
Sold by
Black Diana and Giuffre Lisa
Bought by
Chen Xiang Jun and Zhang Ling
Seller's Agent
Hiram Borrero
Compass
List Price
$1,688,880
Sold Price
$1,620,000
Premium/Discount to List
-$68,880
-4.08%
Views
77
Current Estimated Value
$1,663,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,744
Avg. Annual Appreciation
-0.22%
Original Mortgage
$810,000
Outstanding Balance
$793,117
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$819,376

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jul 26, 2023
Sold by
Facinelli Joseph
Bought by
Joseph S Facinelli As Trustee and The Joseph S Facinelli Revocable Living
Seller's Agent
Hiram Borrero
Compass
List Price
$1,688,880
Sold Price
$1,620,000
Premium/Discount to List
-$68,880
-4.08%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$793,117
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$819,376

Purchase Details

Closed on
Jun 1, 2022
Sold by
Estate Of Bruna Kwiatkowski
Bought by
Giuffre Lisa

Purchase Details

Closed on
Mar 8, 2001
Sold by
Facinelli Mary
Bought by
Black Diana and Facinelli Joseph
Source: Public Records

Range of Values:

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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 Xiang Jun $1,620,000 --
Chen Xiang Jun $1,620,000 --
Joseph S Facinelli As Trustee -- --
Joseph S Facinelli As Trustee -- --
Giuffre Lisa -- --
Giuffre Lisa -- --
Black Diana -- --
Black Diana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiang Jun $810,000
Closed Chen Xiang Jun $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $1,620,000 -4.1% $572 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $1,688,880 -- $596 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,876 $93,000 $25,320 $67,680
2024 $8,876 $88,800 $25,320 $63,480
2023 $8,907 $89,700 $25,320 $64,380
2022 $7,180 $76,560 $25,320 $51,240
2021 $7,511 $83,940 $25,320 $58,620
2020 $7,511 $94,380 $25,320 $69,060
2019 $7,044 $81,780 $25,320 $56,460
2018 $6,791 $36,546 $10,406 $26,140
2017 $6,382 $34,478 $13,084 $21,394
2016 $5,882 $32,529 $14,065 $18,464
2015 $3,484 $30,688 $15,593 $15,095
2014 $3,484 $30,688 $15,851 $14,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10885663

Real Estate Board of New York (REBNY)

APN: 00817-0064