NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,104,821

5 Beds
4 Baths
2,800 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $795,000 $284 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,232/month

39 Days on Market

About This Home

As of November 2019

Fully detached two-family house with private parking. Built in 2005, this house sits on a 40 ft x 76.5 ft lot.

This well maintained home is 26 ft x 36 ft with three levels, totaling over 2,800 sq ft of living space.

Super low expense to the owner. Each apartment is separately metered. The tenants pay all of their utilities (gas heat/hot water, and electricity). Each bedroom has ample closet space and super generous space to accommodate those looking for large bedrooms.

The house will be delivered 100% vacant at closing. This is a great opportunity for those seeking to supplement their mortgage payment with rental income.

Located on Hendrix street between New Lots ave and Hegeman ave in East New York. Only two short blocks to the Van Siclen 3 train station.

Showings by appointment only. Kindly text/call or email anytime for further information and showing request.

Last Agent to Sell the Property

Gladys Barco

Compass License #40BA1173814 Listed on: 10/01/2019

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,854

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 40.0 x 76.0

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Cypress Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 4305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,854

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: New Lots Avenue/Hegeman Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cypress Hills
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 40.0 x 76.0

Building Info

  • Total Stories: 3
  • Year Built: 2005

Tax Info

  • Tax Block: 4305
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Lambert Junior D
Bought by
738 Hendrix St Llc
Current Estimated Value
$1,062,455

Purchase Details

Listed on
Oct 1, 2019
Closed on
Nov 27, 2019
Sold by
Perez Christian and Perez Gisela
Bought by
Lambert Junior D
Seller's Agent
Gladys Barco
Compass
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$596,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Prime Time Development Corp
Bought by
Perez Christian and Perez Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
The City Of New York
Bought by
Prime Time Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
5.7%
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
738 Hendrix St Llc -- --
Lambert Junior D $795,000 --
Perez Christian $375,283 --
Prime Time Development Corp $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Junior D $596,250
Previous Owner Perez Christian $20,958
Previous Owner Perez Christian $1,000
Previous Owner Prime Time Development Corp $259,500
Previous Owner Prime Time Development Corp $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $795,000 0.0% $284 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $795,000 -- $284 / 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 $6,854 $61,380 $17,340 $44,040
2024 $6,854 $63,120 $17,340 $45,780
2023 $6,267 $68,160 $17,340 $50,820
2022 $5,423 $55,740 $17,340 $38,400
2021 $5,109 $46,560 $17,340 $29,220
2020 $2,183 $44,820 $17,340 $27,480
2019 $3,929 $36,780 $17,340 $19,440
2018 $3,352 $33,123 $12,272 $20,851
2017 $2,600 $31,249 $10,700 $20,549
2016 $2,298 $29,481 $11,496 $17,985
2015 $1,100 $27,813 $9,828 $17,985
2014 $1,100 $27,813 $9,828 $17,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10838468

Real Estate Board of New York (REBNY)

APN: 04305-0025