NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $2,066,484

7 Beds
4 Baths
3,216 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,450,000 $451 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,134/month

Highlights

  • Wood Flooring
  • Garden
  • Laundry Facilities
  • P.S. 69 Vincent D Grippo School Rated A
  • Baseboard Heating
  • 5-minute walk to Rainbow Playground

About This Home

As of November 2022

Beautiful Limestone attached 2 Family Home in the heart of Sunset Park. Total of 4 floors, 3 Stories of living space plus finished basement. The first floor consists of 2 bedrooms, 3/4 bathroom, Eat-in kitchen and a living room. second floor consists of 2 bedroom, full bathroom, a living room and a dining room. Third floor consists of 3 bedrooms, full bathroom, enclosed Eat-in kitchen, a living room, and a dining room. finished basement that has around 1000 sf recreation space. Newer Heating system and hot water tank. True Highlight of this property is in its' location. Conveniently near a Multitude of Restaurants, Shopping Outlets, Bakeries, Supermarkets, Banks, Libraries, and Parks that 5th and 8th Ave has to offer. Public Transportation B9, B63 Buses, and N & R Train are easily accessible. Not to mention, the Belt Parkway, and Verrazano Bridge are only minutes away. Building: 20x50, Lot:20x100. Zoning R6B.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 07/08/2022

RE/MAX Edge

Last Buyer's Agent

Dan Dong

RE/MAX Edge Listed on: 07/08/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,638

Year Built

  • Built in 1901

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Garden
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,216 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 865

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • 2 Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,638

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Basement Amenities: Cellar, Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Baths Total Level4: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Av
  • Cross Street Name2: 7th Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Available Units: 3
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Patio Garden, Stove
  • Rooms Total Level1: 5
  • Rooms Total Level2: 5
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3216
  • Building Stories: 3
  • Street Name I D X: 59th
  • Street Number I D X: 646
  • Year Built: 1901
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2003
  • Total Rooms: 16

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 8638.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Nov 9, 2022
Sold by
Michael E Collins As Trustee and The Michael Edward Collins Trust
Bought by
Chen Xiulian
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Dan Dong
RE/MAX Edge
Sold Price
$1,450,000
Current Estimated Value
$1,755,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,371
Avg. Annual Appreciation
6.45%
Original Mortgage
$850,000
Outstanding Balance
$825,295
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$908,747

Purchase Details

Closed on
Aug 21, 2000
Sold by
Collins Michael E
Bought by
Collins Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,473
Interest Rate
8.07%
Source: Public Records

Range of Values:

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Average Value
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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
Chen Xiulian $1,450,000 --
Chen Xiulian $1,450,000 --
Collins Michael E $38,000 --
Collins Michael E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiulian $850,000
Closed Chen Xiulian $850,000
Previous Owner Collins Michael E $9,289
Previous Owner Collins Michael E $42,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $1,450,000 -- $451 / Sq Ft
07/08/2022 07/08/22 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 $9,384 $118,380 $33,540 $84,840
2024 $9,384 $113,160 $33,540 $79,620
2023 $9,416 $100,020 $33,540 $66,480
2022 $8,288 $89,340 $33,540 $55,800
2021 $8,638 $76,740 $33,540 $43,200
2020 $8,638 $93,060 $33,540 $59,520
2019 $8,145 $97,560 $33,540 $64,020
2018 $7,876 $38,638 $16,525 $22,113
2017 $7,431 $36,453 $17,627 $18,826
2016 $6,875 $34,390 $14,765 $19,625
2015 $3,928 $32,445 $15,206 $17,239
2014 $3,928 $32,445 $18,250 $14,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464056

Brooklyn Board of REALTORS®

APN: 00865-0026