NOT LISTED FOR SALE

718 49th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,316,497 - $1,620,000

Studio
3 Baths
3,090 Sq Ft
$488/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $1,360,000 $440 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,491/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • IS 220 John J. Pershing Rated A-

About This Home

As of March 2021

2 family*plus basement with a front and rear entrance* 1st floor, kitchen, full bathroom, 2 bedroom, living/dining room, access to backyard *2nd floor, kitchen, full bathroom, 3 bedroom, living room* large basement has 3/4 bathroom, backyard, roof appx. 9 years old, oil heat, home has great potential.

Last Agent to Sell the Property

Frank Savoy

Ben Bay Realty Co Listed on: 10/09/2020

Co-Listed By

Nellie Ieva

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 110 Volts

Community Details

  • 2 Units
  • Fuel Expense $6,000

Listing and Financial Details

  • Tax Block 786

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Lot Details

2,003 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Partial, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Co List Office Mls Id: 116070
  • Co List Office Phone: (718) 680-6442
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Refrigerator, Stove
  • Street Name I D X: 49
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Ceramic, Hardwood, Linoleum
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 13
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 6000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 6600.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Mar 1, 2021
Sold by
Armando Diane and Draghi Mark
Bought by
Weng Qi Wu and Weng Yue Hua
Seller's Agent
Frank Savoy
Ben Bay Realty Co
Sold Price
$1,360,000
Current Estimated Value
$1,508,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,374
Avg. Annual Appreciation
2.08%
Original Mortgage
$816,000
Outstanding Balance
$731,486
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$776,888
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
Weng Qi Wu $1,360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weng Qi Wu $816,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $1,360,000 -- $440 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,713 $79,860 $19,740 $60,120
2024 $7,713 $76,320 $19,740 $56,580
2023 $7,799 $79,500 $20,580 $58,920
2022 $6,903 $82,560 $25,680 $56,880
2021 $6,869 $82,860 $25,680 $57,180
2020 $1,646 $79,380 $25,680 $53,700
2019 $6,211 $75,060 $25,680 $49,380
2018 $6,053 $29,692 $9,169 $20,523
2017 $5,874 $28,814 $8,703 $20,111
2016 $5,437 $27,199 $10,229 $16,970
2015 $3,279 $26,227 $11,678 $14,549
2014 $3,279 $24,744 $11,038 $13,706
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frank Savoy

    Ben Bay Realty Co

    (347) 713-2093

    23 Total Sales

    Frank Savoy
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Nellie Ieva

    Ben Bay Realty Co

    23 Total Sales

    Nellie Ieva
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444432

Brooklyn Board of REALTORS®

APN: 00786-0013

New York Kings County Brooklyn 11220 Sunset Park

718 49th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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