NOT LISTED FOR SALE

Estimated Value: $688,000 - $938,000

5 Beds
3 Baths
1,920 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $630,000 $328 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,664/month

41 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Van Siclen Avenue (J,Z Line)
  • Hot Water Heating System
  • Park
  • Instant Hot Water

About This Home

As of May 2022

Estimated credit score and annual income must be verbally confirmed prior to scheduling a tour. Additional photos and video available.

Last Agent to Sell the Property

Deirdre Folan

Keller Williams Rlty Landmark License #10301200720 Listed on: 11/30/2021

Keller Williams Rlty Landmark

Last Buyer's Agent

Deirdre Folan

Keller Williams Rlty Landmark License #10301200720 Listed on: 11/30/2021

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,571

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 21x77
  • 1 Common Wall

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Instant Hot Water
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 89 Cypress Hills Middle School
  • Cypress Hills Collegiate Prep High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,571

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2021-12-01
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: On Demand
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 89 Cypress Hills

Lot Info

  • Lot Dimensions: 21x77
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-05-13
  • Tax Annual Amount: 5571.00

Multi Family

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

MLS Schools

  • High School: Cypress Hills Collegiate Prep School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
May 13, 2022
Sold by
Doyle Quashie Sharon and Quashie Lloyd
Bought by
Are Holdings Group Llc
Seller's Agent
Deirdre Folan
Keller Williams Rlty Landmark
Buyer's Agent
Deirdre Folan
Keller Williams Rlty Landmark
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Current Estimated Value
$804,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,658
Avg. Annual Appreciation
6.86%
Original Mortgage
$535,500
Outstanding Balance
$506,034
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,624

Purchase Details

Closed on
Aug 7, 2006
Sold by
Benjamin Beechwood 81St Street Llc and Nyc Partnership Housing Development Fund
Bought by
Colon Jose and Colon Nadine

Purchase Details

Closed on
Sep 10, 1999
Sold by
Faboo Inc
Bought by
Quashie Lloyd B and Quashie Sharon Doyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1999
Sold by
Grant Sybil and Grant Frederick
Bought by
Tucker Michael

Purchase Details

Closed on
Apr 26, 1996
Sold by
Daniel Properties Inc
Bought by
Grant Fredrick and Grant Sybil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,712
Interest Rate
7.77%
Mortgage Type
FHA
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
Are Holdings Group Llc $630,000 --
Are Holdings Group Llc $630,000 --
Are Holdings Group Llc $630,000 --
Colon Jose $275,096 --
Colon Jose $275,096 --
Quashie Lloyd B $230,000 --
Quashie Lloyd B $230,000 --
Tucker Michael $169,000 --
Tucker Michael $169,000 --
Faboo Inc -- Chicago Title Insurance Co
Faboo Inc -- Chicago Title Insurance Co
Grant Fredrick $170,000 First American Title Ins Co
Daniel Properties $115,000 --
Daniel Properties $115,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Are Holdings Group Llc $535,500
Closed Are Holdings Group Llc $535,500
Previous Owner Quashie Lloyd B $228,119
Previous Owner Daniel Properties $168,712
Previous Owner Daniel Properties $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $3,500 -- --
10/01/2024 10/01/24 For Rent $3,500 0.0% --
05/13/2022 05/13/22 Sold $630,000 -9.9% $328 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $699,000 -- $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 $5,973 $52,380 $14,520 $37,860
2024 $5,973 $43,680 $14,520 $29,160
2023 $5,699 $53,280 $14,520 $38,760
2022 $4,998 $44,040 $14,520 $29,520
2021 $5,275 $43,140 $14,520 $28,620
2020 $2,600 $39,480 $14,520 $24,960
2019 $4,892 $39,000 $14,520 $24,480
2018 $4,469 $23,383 $8,855 $14,528
2017 $4,198 $22,062 $9,690 $12,372
2016 $4,101 $22,062 $10,678 $11,384
2015 $2,290 $21,892 $13,569 $8,323
2014 $2,290 $20,654 $15,348 $5,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3362295

OneKey® MLS

APN: 03918-0015