NOT LISTED FOR SALE

657 59th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,422,494 - $1,638,000

4 Beds
2 Baths
2,200 Sq Ft
$709/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $988,000 $449 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,494/month

83 Days on Market

Highlights

  • Eat-In Kitchen
  • Open Floorplan
  • Back and Front Yard
  • P.S. 69 Vincent D Grippo School Rated A-
  • Hot Water Baseboard Heater

About This Home

As of December 2015

Unique Brownstone in the heart of Sunset Park. Excellent condition. Great rental income. Won't last.

Last Agent to Sell the Property

Tim Huang

Precious Properties Corp. License #10301213479 Listed on: 06/16/2015

Last Buyer's Agent

Tianting Huang

Community Home Brokerage LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,063

Year Built

  • Built in 1935

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 0056 / 00857
  • Assessor Parcel Number 00857-0056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,063

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: 20x100
  • Directions: Between 6trh and 7th Ave
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1935
  • General Property Info:Style2: Other
  • General Property Info:_three_4 Baths: 1
  • General Property Info:Public Remarks3: Unique Brownstone in the heart of Sunset Park. Excellent condition. Great rental income. Won't last.
  • ContractLocation Information:List PriceSqFt2: 763.64
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Excellent
  • General Property Info:Apartment Desc: 2 bedroom rental
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Info: Number of AC Units: 4.0
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 3
  • Year Built: 1935

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Dining Room:Combination: Yes
  • Kitchen:Eat In: Yes
  • Living Room:Combination2: Yes
  • Main Bath:Full Bath: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Finished

Exterior Features

  • Lot Features: Back, Front
  • Construction Type: Stone
  • General Property Info:Waterview: No
  • Siding:Stone: Yes
  • Yard:Back: Yes
  • Yard:Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage Location: None
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2000.0
  • Lot Size Units: Square Feet
  • Parcel #: 00857-0056
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2000.0
  • General Property Info:Lot Dim: 20x100

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 6063.0
  • Tax Block: 00857
  • Tax Lot: 0056
  • General Property Info:Taxes2: 6063.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Dec 1, 2015
Sold by
Wang Ruo Pei and Wang Zhang Jing
Bought by
Li Fei and Lin Jintao
Seller's Agent
Tim Huang
Precious Properties Corp.
Buyer's Agent
Tim Huang
Precious Properties Corp.
List Price
$988,000
Sold Price
$988,000
Current Estimated Value
$1,497,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,902
Avg. Annual Appreciation
4.60%
Original Mortgage
$450,000
Outstanding Balance
$357,055
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$1,202,819

Purchase Details

Closed on
Jan 5, 2004
Sold by
Chan Michele Ai-Ling and Huang O-O Mona
Bought by
Wang Ruo Pei and Wang Zhang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Fei $988,000 --
Wang Ruo Pei $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Fei $450,000
Previous Owner Wang Ruo Pei $413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $988,000 0.0% $449 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $988,000 -- $449 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $8,872 $97,680 $26,700 $70,980
2024 $8,872 $92,880 $26,700 $66,180
2023 $8,448 $93,180 $26,700 $66,480
2022 $7,867 $76,260 $26,700 $49,560
2021 $8,172 $67,620 $26,700 $40,920
2020 $3,996 $72,300 $26,700 $45,600
2019 $7,652 $65,580 $26,700 $38,880
2016 $6,393 $33,531 $13,752 $19,779
2015 $3,653 $33,009 $15,515 $17,494
2014 $3,653 $31,648 $16,388 $15,260
Source: Public Records

Agents Affiliated with this Home

  • Tim Huang

    Seller's Agent in 2015

    Tim Huang

    Precious Properties Corp.

    (646) 533-1900

    1 in this area

    89 Total Sales

    Tim Huang
    Section Image

  • T

    Buyer's Agent in 2015

    Tianting Huang

    Community Home Brokerage LLC

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1097008

Staten Island Multiple Listing Service

APN: 00857-0056

New York Kings County Brooklyn 11220 Sunset Park

657 59th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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