$548,000
SOLD MAR 20, 2025
2 Beds
1 Bath
720 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$761 Per Sq Ft

14% Below List Price

Highlights

  • Security Guard
  • Handicap Accessible
  • Multiple cooling system units

About This Home

As of March 2025

Nestled in the vibrant heart of Sunset Park, this stunning 2 bedroom, 2 bathroom condo offers a fusion of luxury and convenience. Boasting an elevator and large parking space, this residence is more than a home—it’s a haven.
Crafted for Sophistication and Warmth: Step inside to discover a meticulously maintained space.The apartment’s oversized windows bathe each room in natural light, accentuating the timeless elegance of the original hardwood floors. With spacious closets, the gift of ample storage ensures a clutter-free living environment.
A Culinary and Social Delight: The heart of the home, an open kitchen equipped with a welcoming window, invites both daylight and delightful gatherings. Beyond, a large balcony presents a serene outdoor escape, perfect for leisurely mornings or tranquil evenings.
Unrivaled Location, Unlimited Possibilities: Positioned mere steps from the enchanting Sunset Park, the convenience of this location cannot be overstated. Dive into the cultural tapestry of the 8th Ave shopping district, indulge in the latest culinary spots, Your Gateway to the Best of Brooklyn and Beyond: With the D, N, and R subways in close proximity, Sunset Park itself offers a myriad of recreational delights, from an Olympic-sized swimming pool and a fully equipped gym to a sprawling artificial grass soccer field and a lively sprinkler park.and the dynamic Industry City, where shopping, dining, and cultural events await.
A Rare Opportunity Awaits: This isn’t just an invitation to own a piece of Brooklyn—it’s a call to step into a life of unparalleled comfort and convenience. Why settle for renting when you can claim this exquisite condo as your own? Schedule your viewing today and discover why this Sunset Park treasure should be your next home. parking space for additionl 60k.

Last Agent to Sell the Property

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 03/23/2024

RE/MAX Edge

Last Buyer's Agent

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 03/23/2024

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 2009

Parking

  • 1 Parking Space

Home Design

  • 720 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple cooling system units
  • Septic System

Listing and Financial Details

  • Tax Block 915
  • Property eligible for a tax abatement

Community Details

Overview

  • 15 Units
  • Association Phone (718) 855-0777
  • Property managed by Bayshine

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,984

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Ave
  • Down Payment Required: 5
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 270.00
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 720
  • Street Name I D X: 40th
  • Street Number I D X: 729
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 3
  • Room Count: 6
  • Total Rooms: 3
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 7503

Utilities

  • Air Conditioning Units: 2
  • Utilities: Parking, Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: Bayshine
  • Manager Phone: 718-855-0777
  • Units In Building: 15

Lot Info

  • Building Project Name: 000

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 3984.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Mar 20, 2025
Sold by
Gao Shou Yi and Zheng Yan
Bought by
Chen Xi Hong and Chen Zhongliang
Seller's Agent
Joe Zhu
RE/MAX Edge
Buyer's Agent
Joe Zhu
RE/MAX Edge
List Price
$639,999
Sold Price
$548,000
Premium/Discount to List
-$91,999
-14.37%
Views
73
Current Estimated Value
$613,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,661
Avg. Annual Appreciation
21.96%
Original Mortgage
$310,000
Outstanding Balance
$308,413
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,248

Purchase Details

Closed on
May 9, 2012
Sold by
U S Maan Fai R E Llc
Bought by
Gao Shou Yi and Zheng Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.88%
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 Type Sale Price Title Company
Deed $548,000 --
Deed $334,620 --
Deed $334,620 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 Purchase Money Mortgage
Previous Owner $198,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $548,000 -8.7% $761 / Sq Ft
06/11/2024 06/11/24 Price Changed $599,999 -1.6% $833 / Sq Ft
05/27/2024 05/27/24 Price Changed $610,000 -1.6% $847 / Sq Ft
05/25/2024 05/25/24 Price Changed $619,999 0.0% $861 / Sq Ft
05/08/2024 05/08/24 Price Changed $620,000 -0.8% $861 / Sq Ft
04/15/2024 04/15/24 Price Changed $625,000 -2.3% $868 / Sq Ft
03/23/2024 03/23/24 For Sale $639,999 -- $889 / Sq Ft
03/23/2024 03/23/24 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 $3,801 $77,201 $4,266 $72,935
2024 $3,801 $77,807 $4,266 $73,541
2023 $1,947 $76,662 $4,266 $72,396
2022 $146 $74,215 $4,266 $69,949
2021 $146 $67,278 $4,266 $63,012
2020 $72 $75,191 $4,266 $70,925
2019 $150 $79,569 $4,266 $75,303
2018 $151 $66,369 $4,266 $62,103
2017 $151 $57,378 $4,266 $53,112
2016 $154 $53,742 $4,266 $49,476
2015 $120 $45,122 $4,266 $40,856
2014 $120 $44,381 $4,266 $40,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 480789

Brooklyn Board of REALTORS®

APN: 00915-1212