NOT LISTED FOR SALE

7 Monaco Place Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $866,783 - $1,091,000

4 Beds
2.5 Baths
1,995 Sq Ft
$490/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $900,000 $451 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,735/month

44 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Rockaway Avenue (A,C Line)
  • Window Unit Cooling System
  • Wood Flooring
  • Den
  • Park

About This Home

As of November 2021

Welcome to 7 Monaco Place a 4 bedroom 2.5 bath home waiting for new owners to make it their own! Wonderful investment opportunity! This lovely legal 2 family home features an ideal open floor plan with both a spacious formal dining room and living room. 3 bedroom 1.5 bath included in owners duplex 2nd and 3rd floor. 1 bedroom, 1 bath legal rental located on the 1st floor. Brand new boiler, stainless steal appliances. Close to major transportation, restaurants, cafes, parks, and many vibrant neighborhood amenities. Minutes away from trendy Bushwick neighborhood. Sold as is.

Last Agent to Sell the Property

Jasmin Burgos

Howard Hanna Coach License #10401351411 Listed on: 07/28/2021

Co-Listed By

George Kyriazis

Howard Hanna Coach License #10401351412

Last Buyer's Agent

Miekah Gordon

Diamond Mine Real Estate LLC License #10401283012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1899

Lot Details

  • 1,698 Sq Ft Lot
  • Lot Dimensions are 17.5x97
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Schools

  • Ps/Is 155 Nicholas Herkimer Elementary School
  • Brooklyn Environmental Exploration Middle School
  • Aspirations Diploma Plus High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Legal Lot and Block 14 / 1570
  • Assessor Parcel Number 01570-0014

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Year Built: 1899
  • New Construction: No
  • Co List Office Mls Id: ONECARE17
  • Co List Office Phone: 516-746-5511
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Den/Family Room, Entrance Foyer, Legal Accessory Apartment, Powder Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: See Remarks
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Brooklyn Environmental Exploration

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 17.5x97
  • Lot Size Sq Ft: 1698
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01570-0014
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: None
  • Available Date: 2021-10-15

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 777.4
  • Tax Block: 1570
  • Tax Lot: 14
  • Tax Map Number: 01570-0014
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps/Is 155 Nicholas Herkimer
  • High School: Aspirations Diploma Plus High School
  • Middle School District: Brooklyn 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 22, 2021
Sold by
Burgos Elisa
Bought by
Mulzac Shayla Cellestine
Seller's Agent
Jasmin Burgos
Howard Hanna Coach
Buyer's Agent
Miekah Gordon
Diamond Mine Real Estate LLC
List Price
$838,000
Sold Price
$900,000
Premium/Discount to List
$62,000
7.4%
Current Estimated Value
$1,034,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,139
Avg. Annual Appreciation
3.62%
Original Mortgage
$929,328
Outstanding Balance
$858,569
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,070

Purchase Details

Closed on
Jul 27, 2004
Sold by
Burgos Linda
Bought by
Burgos Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Mulzac Shayla Cellestine $900,000 --
Burgos Elisa $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulzac Shayla Cellestine $929,328
Previous Owner Burgos Elisa $220,000
Previous Owner Burgos Elisa $125,000
Previous Owner Burgos Linda $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $900,000 +7.4% $451 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $838,000 -- $420 / 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 $871 $41,580 $14,220 $27,360
2024 $871 $45,780 $14,220 $31,560
2023 $837 $56,160 $14,220 $41,940
2022 $781 $54,720 $14,220 $40,500
2021 $481 $42,240 $14,220 $28,020
2020 $236 $39,720 $14,220 $25,500
2019 $463 $42,240 $14,220 $28,020
2018 $403 $3,435 $863 $2,572
2017 $364 $3,258 $1,291 $1,967
2016 $305 $3,078 $1,387 $1,691
2015 $151 $3,062 $1,624 $1,438
2014 $151 $3,012 $1,696 $1,316
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jasmin Burgos

    Howard Hanna Coach

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    George Kyriazis

    Howard Hanna Coach

    (516) 236-3500

    1 in this area

    1 Total Sale

    Section Image

  • M

    Buyer's Agent in 2021

    Miekah Gordon

    Diamond Mine Real Estate LLC

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3333815

OneKey® MLS

APN: 01570-0014

New York Kings County Brooklyn 11233 Ocean Hill

7 Monaco Place, Brooklyn, NY

This home is located at 7 Monaco Place, Brooklyn, NY 11233 since 28 July 2021 and is currently estimated at $976,946, approximately $489 per square foot. This property was built in 1899. 7 Monaco Place is a home located in Kings County with nearby schools including P.S. Is 155 Nicholas Herkimer, P.S. 178 Saint Clair Mckelway, and P.S. 150 - Christopher.

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