NOT LISTED FOR SALE

Estimated Value: $1,285,000 - $1,379,000

4 Beds
5 Baths
2,772 Sq Ft
$482/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $1,350,000 $487 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,682/month

172 Days on Market

Highlights

  • Balcony
  • Central Air
  • 4-minute walk to Paerdegat Park

About This Home

As of October 2024

Welcome to 694 East 38th Street, a contemporary two-family home that perfectly blends modern luxury with functional design in the section of East Flatbush, Brooklyn. This exceptional property offers an unparalleled living experience, featuring two distinct living spaces ideal for multi-generational living or rental income.
This impressive home is divided into two separate units, each boasting its own unique style and amenities. Both units offer comfortable living spaces, making it perfect for large families or as an investment opportunity.
Each unit features a state-of-the-art kitchen equipped with sleek countertops, high-end stainless-steel appliances, and custom cabinetry. These kitchens are designed to inspire your culinary creativity and make entertaining a breeze.
The home includes a total of four spacious bedrooms, each designed with comfort and style in mind. Large windows and sliding door leading to the balcony flood the rooms with natural light, creating a bright and welcoming atmosphere.
Enjoy the convenience and sophistication of five modern bathrooms, complete with contemporary fixtures, elegant tile work, and ample storage space. Each bathroom is designed to provide a spa-like experience, ensuring ultimate relaxation. The open-concept living and dining areas in both units provide a perfect space for entertaining guests or spending quality time with family. The thoughtful layout ensures a seamless flow between rooms, enhancing the overall living experience.
Each unit offers access to private outdoor areas, perfect for enjoying fresh air, gardening, or outdoor dining. These serene spaces provide a peaceful retreat from the bustling city life. 2nd unit offers a rooftop.
694 East 38th Street offers easy access to an array of local shops, restaurants and to Paerdegat Park and public transportation such as the B8, B6, B44, and the 2 and 5 trains.

Last Agent to Sell the Property

Daniel Dorcena

Nest Seekers LLC License #10401347559 Listed on: 04/13/2024

Nest Seekers LLC

Co-Listed By

Andy Kim

Nest Seekers LLC License #10301214360

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $700

Year Built

  • Built in 2017

Lot Details

  • 1,708 Sq Ft Lot
  • Lot Dimensions are 17.08 x 100.00

Interior Spaces

  • 2,772 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Balcony
  • Central Air

Community Details

  • East Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 4984

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$700

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Cross Street: Farragut Road/Foster Avenue
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Walk-Up
  • Structure Type: Multi Family, Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Living Area: 2772.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1708.0
  • Lot Size Dimensions: 17.08 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2017

Tax Info

  • Tax Block: 4984
  • Tax Lot: 15
  • Tax Annual: 700.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Williams Kareem and Williams Victoria Hale
Bought by
Kim Youngmi and Lee Kui Seok
Current Estimated Value
$1,336,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Outstanding Balance
$1,006,766
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,332

Purchase Details

Closed on
Aug 31, 2022
Sold by
Whitestone Enterprises Llc
Bought by
Williams Kareem and Williams Victoria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,243,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
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
Kim Youngmi $1,270,000 --
Kim Youngmi $1,270,000 --
Williams Kareem $1,300,000 --
Williams Kareem $1,300,000 --
Williams Kareem $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Youngmi $1,016,000
Closed Kim Youngmi $1,016,000
Previous Owner Williams Kareem $1,243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $1,350,000 0.0% $487 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $1,350,000 -- $487 / 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 $8,175 $75,360 $9,780 $65,580
2024 $8,175 $59,520 $9,780 $49,740
2023 $8,266 $52,620 $9,780 $42,840
2022 $8,126 $43,044 $9,780 $33,264
2021 $8,173 $43,044 $9,780 $33,264
2020 $8,173 $36,391 $9,780 $26,611
2019 $6,682 $36,391 $9,780 $26,611
2018 $1,025 $5,028 $5,028 $0
2017 $967 $4,744 $4,744 $0
2016 $895 $4,478 $4,478 $0
2015 $540 $4,478 $4,478 $0
2014 $540 $4,440 $4,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10999438

Real Estate Board of New York (REBNY)

APN: 04984-0015