NOT LISTED FOR SALE

Estimated Value: $778,339 - $1,108,000

8 Beds
2 Baths
1,973 Sq Ft
$497/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $775,000 $393 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,852/month

100 Days on Market

Highlights

  • Pre War Building
  • P.S. 108 - Sal Abbracciamento Rated 9+
  • 3-minute walk to Cleveland Street (J,Z Lines)

About This Home

As of June 2018

Large two-family property in Highland Park section of Cypress Hills/East New York. Usable 3751sf and above grade 2614sf is far larger than public record. Renovate and reconfigure to your taste - currently laid out as a 1500sf 5BR owner's duplex above an 1136sf parlor floor 3.5BR, over an 1136sf cellar with backyard access. Lot is 25x100, house is 22ft at widest point, and three stories. Recently upgraded electrical systems. Two blocks to the J line, in the fastest appreciating section of Brooklyn.

Last Agent to Sell the Property

Jonah Cohen

Corcoran Group License #10301209913 Listed on: 01/31/2018

Corcoran Group

Co-Listed By

Monique Walker

Corcoran Group License #10401293513

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1920

Lot Details

  • 2,483

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • East New York Subdivision

Listing and Financial Details

  • Tax Block 3925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East New York
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Rooms (Total): 13

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 8

Building Info

  • Units: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 3925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Jun 11, 2018
Sold by
Shiwmangal Samnarine
Bought by
Lama Nurbu and Lama Sonam
Seller's Agent
Jonah Cohen
Corcoran Group
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Current Estimated Value
$980,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,335
Avg. Annual Appreciation
3.29%
Original Mortgage
$525,000
Outstanding Balance
$455,941
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$524,394

Purchase Details

Closed on
Sep 13, 2011
Sold by
Shiwmangal Samnarine and Waoti Chandrawattie
Bought by
Shiwmangal Samnarine

Purchase Details

Closed on
Oct 7, 2009
Sold by
Shiwmangal Samnarine
Bought by
Shiwmangal Samnarine and Waoti Chandrawattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,820
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
Sold by
Shiwmangal Samnarine and Sukhu Stevenson
Bought by
Shiwmangal Samnarine

Purchase Details

Closed on
Jul 2, 1998
Sold by
Ciniglio Salvatore and Ciniglio Luisa
Bought by
Sukhu Stevenson and Shiwmangal Samnarine
Source: Public Records

Range of Values:

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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
Lama Nurbu $750,000 --
Lama Nurbu $750,000 --
Shiwmangal Samnarine -- --
Shiwmangal Samnarine -- --
Shiwmangal Samnarine -- --
Shiwmangal Samnarine -- --
Shiwmangal Samnarine -- --
Shiwmangal Samnarine -- --
Sukhu Stevenson $139,000 First American Title Ins Co
Sukhu Stevenson $139,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lama Nurbu $525,000
Closed Lama Nurbu $525,000
Previous Owner Shiwmangal Samnarine $47,820
Previous Owner Shiwmangal Samnarine $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $775,000 +3.3% $393 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $750,000 -- $380 / 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 $6,629 $45,540 $16,740 $28,800
2024 $6,629 $52,620 $16,740 $35,880
2023 $6,342 $58,260 $16,740 $41,520
2022 $5,881 $47,400 $16,740 $30,660
2021 $6,200 $41,340 $16,740 $24,600
2020 $2,992 $43,680 $16,740 $26,940
2019 $5,754 $34,740 $16,740 $18,000
2018 $5,304 $26,021 $12,692 $13,329
2017 $5,004 $24,549 $12,567 $11,982
2016 $4,908 $24,549 $12,778 $11,771
2015 $2,574 $23,836 $16,133 $7,703
2014 $2,574 $22,920 $18,600 $4,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10056043

Real Estate Board of New York (REBNY)

APN: 03925-0038