NOT LISTED FOR SALE

729 40th St Unit 1C Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $535,050 - $794,000

2 Beds
1 Bath
607 Sq Ft
5,009 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $445,000 $733 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,159/month

Highlights

  • Intercom to Front Desk
  • Handicap Accessible
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of March 2018

Sunset Park 2 bedroom Condo. One block to 8th Ave. Close to D train and shopping. Move in condition. 10 years tax abatement left.

Last Agent to Sell the Property

Yu Xiao (Mary) Wu

Listed on: 05/22/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $133

Year Built

  • Built in 2011

Lot Details

  • 5,009

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 607 Sq Ft Home
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Handicap Accessible
  • Sprinkler System

Listing and Financial Details

  • Tax Block 915
  • Property eligible for a tax abatement

Community Details

Overview

  • 16 Units
  • Association Phone (718) 854-0777
  • Precious Stones Condo
  • Property managed by Bayshine Real Estate Corp

Amenities

  • Intercom to Front Desk
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$133

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th ave.
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 192.00
  • Negotiate Thru: Broker
  • Parking Feature Single: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Elevator, Refrigerator, Stove
  • Fill Sq Ft Total: 607
  • Street Name I D X: 40
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 4
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1204

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Bayshine Real Estate Corp
  • Manager Phone: 718-854-0777
  • Units In Building: 16

Lot Info

  • Building Project Name: Precious stones condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 133.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Mar 29, 2018
Sold by
Li Yinyin and Tu Tongshan
Bought by
Lin Xing and Zhang Aili
Seller's Agent
Yu Xiao (Mary) Wu
Sold Price
$445,000
Current Estimated Value
$551,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,539
Avg. Annual Appreciation
4.01%
Original Mortgage
$267,000
Outstanding Balance
$229,402
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,111

Purchase Details

Closed on
Jun 19, 2012
Sold by
U S Maan Fai R E Llc
Bought by
Li Yinyin and Tu Tongshan
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
Lin Xing $445,000 --
Li Yinyin $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xing $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $445,000 -- $733 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,296 $66,940 $3,699 $63,241
2024 $3,296 $67,466 $3,699 $63,767
2023 $1,688 $66,473 $3,699 $62,774
2022 $126 $64,351 $3,699 $60,652
2021 $127 $58,336 $3,699 $54,637
2020 $62 $65,197 $3,699 $61,498
2019 $130 $68,993 $3,699 $65,294
2018 $131 $57,548 $3,699 $53,849
2017 $131 $49,752 $3,699 $46,053
2016 $133 $46,599 $3,699 $42,900
2015 $104 $39,124 $3,699 $35,425
2014 $104 $38,482 $3,699 $34,783
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2018

    Yu Xiao (Mary) Wu

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 410826

Brooklyn Board of REALTORS®

APN: 00915-1204

New York Kings County Brooklyn 11232 Sunset Park

729 40th St Unit 1C, Brooklyn, NY

Not Listed for Sale

Condos

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