NOT LISTED FOR SALE

Estimated Value: $859,000 - $967,000

5 Beds
3 Baths
2,193 Sq Ft
$411/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $845,000 $385 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,255/month

100 Days on Market

Highlights

  • Colonial Architecture
  • Private Lot
  • Main Floor Bedroom
  • Property is near public transit
  • Wood Flooring
  • 4-minute walk to Paerdegat Park

About This Home

As of May 2023

"Charm, Convenience, Community! Nestled within the much sought after section of East Flatbush, this rarely found three family structure has just become available! Offering the flexibility to be used as an owners' duplex and retain a rental unit to help in covering the mortgage, or simply as a straight investment property yielding three rental incomes, this is the one you won't want to miss! This brick structure comes equipped with four electrical meters, one for each unit, and the HCM (hall/ corridor meter), separate gas meters & a two car garage that sits in front of the private yard to the first floor unit. Both Sunny & spacious, all floors offer a neat floor plan & efficient allocation of space. Don't miss out on this extraordinary opportunity to become either a home owner, a landlord, or both!

Last Agent to Sell the Property

Randy Saa

Coldwell Banker American Homes License #30SA0994360 Listed on: 11/08/2022

Coldwell Banker American Homes

Co-Listed By

Charmaine Spence

Coldwell Banker American Homes License #10301218141

Last Buyer's Agent

Nissim Levy

Keller Williams Realty Liberty License #10301217314

Keller Williams Realty Liberty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1935

Lot Details

  • 1,733 Sq Ft Lot
  • Lot Dimensions are 17.33x100
  • Two or More Common Walls
  • Private Entrance
  • Fenced
  • Private Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Ps 109 Middle School
  • James Madison High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 78 / 4990
  • Assessor Parcel Number 04990-0078

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,956

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1935
  • New Construction: No
  • Co List Office Mls Id: ONEBRMN07
  • Co List Office Phone: 718-206-1340
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Entrance Foyer, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 109

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.33x100
  • Lot Size Sq Ft: 1733
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 04990-0078
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-04-19

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5956
  • Tax Block: 4990
  • Tax Lot: 78
  • Tax Map Number: 04990-0078

MLS Schools

  • High School: James Madison High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
May 5, 2023
Sold by
Waters Winston
Bought by
Hossain Faruk
Seller's Agent
Randy Saa
Coldwell Banker American Homes
Buyer's Agent
Nissim Levy
Keller Williams Realty Liberty
List Price
$799,000
Sold Price
$845,000
Premium/Discount to List
$46,000
5.76%
Views
155
Current Estimated Value
$900,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,528
Avg. Annual Appreciation
2.42%
Original Mortgage
$676,000
Outstanding Balance
$656,789
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,739

Purchase Details

Closed on
Mar 20, 1995
Sold by
The Green Point Svgs Bank
Bought by
Waters Winston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.75%
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
Hossain Faruk $845,000 --
Waters Winston $125,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Faruk $676,000
Previous Owner Waters Winston $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $845,000 +5.8% $385 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $799,000 -- $364 / 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 $6,441 $58,200 $15,420 $42,780
2024 $6,441 $51,300 $15,420 $35,880
2023 $6,145 $62,580 $15,420 $47,160
2022 $5,855 $51,120 $15,420 $35,700
2021 $5,823 $39,480 $15,420 $24,060
2020 $4,367 $42,420 $15,420 $27,000
2019 $5,590 $38,280 $15,420 $22,860
2018 $5,140 $25,214 $8,963 $16,251
2017 $4,982 $24,439 $11,019 $13,420
2016 $4,609 $23,056 $11,733 $11,323
2015 $2,781 $23,056 $12,804 $10,252
2014 $2,781 $22,270 $11,795 $10,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3442344

OneKey® MLS

APN: 04990-0078