Seller Co-Listing Agent in 2018
Parviz Latipzoda
Remax Top Nest Real Estate
(917) 847-7771
10 in this area
52 Total Sales
739 E 88th St Brooklyn, NY 11236
Canarsie NeighborhoodEstimated Value: $869,000 - $1,220,000
9
Beds
3
Baths
3,360
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Back Yard
About This Home
As of November 2018Tremendous, solid-brick, multi-family investment property, just hitting the market in Canarsie! Rarely do we see such an amazing investment opportunity arise with such potential for immediate return! This semi-detached, 3-family investment home, which has the flexibility of being delivered vacant, is on a lovely tree-lined block, centrally located just off Flatlands Avenue. At 3-stories, and just over 3,360 square feet of living space, this is an impressive property! The first floor, on the walk-in level, is a 3-bedroom, 1-bathroom unit with access to the backyard. The second apartment above that is another 3-bedroom, 1-bathroom with a cozy front-porch, and the top unit is also a 3-bedroom, 1-bathroom unit, complete with a spacious and airy front balcony! Outside, there’s a shared driveway leading to a private garage deeded with the property, so there’s plenty of room for parking. Canarsie is a great community, perfect for families, and this is an astonishing investment opportunity that will not last! Call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,455
Year Built
- Built in 1925
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 100 x 24
- Back Yard
Parking
- 1 Car Detached Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 3,360 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Microwave
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Utilities
- Heating System Uses Gas
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 8009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2018
Closed on
Nov 20, 2018
Sold by
Rosengarten Avi
Bought by
Ahmed Gamal S M and Saleh Saeed Mohamed
Sold Price
$795,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,710
Avg. Annual Appreciation
4.12%
Original Mortgage
$516,700
Outstanding Balance
$452,543
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$612,167
Purchase Details
Closed on
Jan 15, 2018
Sold by
88 Flatlands Realty Llc
Bought by
Rosengarten Avi
Purchase Details
Closed on
Mar 1, 2017
Sold by
Tema Gerard
Bought by
88 Flatlands Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2016
Sold by
Tema Gerard
Bought by
Bamj Holdings Llc
Purchase Details
Closed on
Aug 22, 2006
Sold by
Samson Elsie and Samson Rony
Bought by
Tema Gerard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,170
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2003
Sold by
Louis-Jeune Sainphanie and Louis-Jeune Marcel Elsie
Bought by
Samson Elsie and Samson Rony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,550
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 1995
Sold by
Carrera Salvatore and Gomez Mary Ann
Bought by
Marcel Elsie S and Samson Rony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,950
Interest Rate
7.8%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 18, 1994
Sold by
Difanzo Anna
Bought by
Gomez Mary Ann
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ahmed Gamal S M | $795,000 | -- | |
| Ahmed Gamal S M | $795,000 | -- | |
| Ahmed Gamal S M | $795,000 | -- | |
| Rosengarten Avi | -- | -- | |
| Rosengarten Avi | -- | -- | |
| Rosengarten Avi | -- | -- | |
| 88 Flatlands Realty Llc | $275,000 | -- | |
| 88 Flatlands Realty Llc | $275,000 | -- | |
| Tema Gerard | -- | -- | |
| 88 Flatlands Realty Llc | $275,000 | -- | |
| Tema Gerard | -- | -- | |
| Bamj Holdings Llc | -- | -- | |
| Bamj Holdings Llc | -- | -- | |
| Bamj Holdings Llc | -- | -- | |
| Tema Gerard | $641,300 | -- | |
| Tema Gerard | $641,300 | -- | |
| Samson Elsie | -- | -- | |
| Samson Elsie | -- | -- | |
| Marcel Elsie S | $210,000 | Commonwealth Land Title Ins | |
| Marcel Elsie S | $210,000 | Commonwealth Land Title Ins | |
| Gomez Mary Ann | -- | The Title Guarantee Company | |
| Gomez Mary Ann | -- | The Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ahmed Gamal S M | $516,700 | |
| Closed | Ahmed Gamal S M | $516,700 | |
| Previous Owner | Tema Gerard | $75,000 | |
| Previous Owner | 88 Flatlands Realty Llc | $300,000 | |
| Previous Owner | Tema Gerard | $577,170 | |
| Previous Owner | Samson Elsie | $272,550 | |
| Previous Owner | Marcel Elsie S | $203,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2018 11/20/18 | Sold | $795,000 | -- | $237 / Sq Ft |
| 07/31/2018 07/31/18 | 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 | $9,343 | $55,500 | $10,320 | $45,180 |
| 2024 | $9,343 | $61,860 | $10,320 | $51,540 |
| 2023 | $8,913 | $65,640 | $10,320 | $55,320 |
| 2022 | $8,265 | $61,680 | $10,320 | $51,360 |
| 2021 | $8,510 | $54,600 | $10,320 | $44,280 |
| 2020 | $4,226 | $40,440 | $10,320 | $30,120 |
| 2019 | $8,109 | $40,440 | $10,320 | $30,120 |
| 2018 | $7,455 | $36,572 | $8,712 | $27,860 |
| 2017 | $7,033 | $34,503 | $9,360 | $25,143 |
| 2016 | $6,736 | $33,696 | $10,132 | $23,564 |
| 2015 | $3,926 | $33,660 | $11,460 | $22,200 |
| 2014 | $3,926 | $32,304 | $10,656 | $21,648 |
Source: Public Records
Agents Affiliated with this Home
-
Parviz Latipzoda
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 422421
APN: 08009-0020
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