NOT LISTED FOR SALE

661 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,198,000 - $1,916,000

Studio
3 Baths
2,128 Sq Ft
$765/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $1,770,000 $832 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $9,170/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 2-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A-
  • Back Yard

About This Home

As of October 2024

In the heart of Sunset Park sits this great two-family property on a prime block of 55th street between 6th Avenue & 7th Avenue. Close to shopping, and transportation on 8th Avenue. This would be a great opportunity for an investor to flip. House will be sold AS IS, WILL BE DELIVERED VACANT.

Last Agent to Sell the Property

Hanan Abu Zahriyeh

Listed on: 06/06/2024

Last Buyer's Agent

Hanan Abu Zahriyeh

Listed on: 06/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,462

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,128 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,462

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Avenue
  • Cross Street Name2: 7th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2128
  • Street Name I D X: 55th
  • Waterfront Present: No
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 2200

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 55
  • Roof: Flat, Other

Utilities

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

Lot Info

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

Tax Info

  • Flip Tax Amount: 6462.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Oct 23, 2024
Sold by
Dillard Family Irrevocable Trust and Patricia M Rochford As Trustee
Bought by
Su Ming Zhu and Wu Yu Yun
Seller's Agent
Hanan Abu Zahriyeh
Buyer's Agent
Hanan Abu Zahriyeh
List Price
$1,600,000
Sold Price
$1,770,000
Premium/Discount to List
$170,000
10.62%
Views
22
Current Estimated Value
$1,626,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,030
Avg. Annual Appreciation
-6.84%
Original Mortgage
$1,062,000
Outstanding Balance
$1,049,152
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,818

Purchase Details

Closed on
Jul 22, 2015
Sold by
Dillard Marie
Bought by
Dillard Family Irrevocable Trust and Farrell
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
Su Ming Zhu $1,770,000 --
Su Ming Zhu $1,770,000 --
Dillard Family Irrevocable Trust -- --
Dillard Family Irrevocable Trust -- --
Dillard Family Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Ming Zhu $1,062,000
Closed Su Ming Zhu $1,062,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $1,770,000 +9.3% $832 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,620,000 +1.3% $761 / Sq Ft
06/06/2024 06/06/24 For Sale $1,600,000 -- $752 / Sq Ft
06/06/2024 06/06/24 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 $7,950 $98,700 $22,440 $76,260
2024 $7,950 $94,380 $22,440 $71,940
2023 $7,584 $99,480 $22,440 $77,040
2022 $7,034 $80,640 $22,440 $58,200
2021 $6,672 $68,040 $22,440 $45,600
2019 $6,241 $86,280 $22,440 $63,840
2016 $5,182 $29,030 $10,603 $18,427
2015 $2,902 $28,033 $12,621 $15,412
2014 $2,902 $27,489 $13,517 $13,972
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hanan Abu Zahriyeh

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 483679

Brooklyn Board of REALTORS®

APN: 00825-0056

New York Kings County Brooklyn 11220 Sunset Park

661 55th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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