NOT LISTED FOR SALE

739 E 88th St Brooklyn, NY 11236

Canarsie Neighborhood

Estimated Value: $1,000,000 - $1,084,988

9 Beds
3 Baths
3,360 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2018

Last sale price $795,000 $237 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,468 / mo

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Back Yard
  • P.S. 114 Ryder Elementary School Rated 9+

About This Home

As of November 2018

Tremendous, 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!

Co-Listed By

Parviz Latipzoda

Remax Top Nest Real Estate

Remax Top Nest Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,455

Year Built

Built in 1925

Lot Details

2,400 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117790
  • Co List Office Phone: (718) 942-5952
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 88th
  • Cross Street Name2: Flatlands Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space, Detached Garage
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Microwave
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 3360
  • Building Stories: 3
  • Street Name I D X: 88
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Hardwood
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 20
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 7455.00

Multi Family

  • Unit Count: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Nov 20, 2018
Sold by
Bought by
Sold Price
$795,000
Current Estimated Value
$1,038,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,247
Avg. Annual Appreciation
3.54%
Original Mortgage
$516,700
Interest Rate
0.048%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
0.0399%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2017
Sold by
Bought by

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
0.0419%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2006
Sold by
Bought by

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
0.0679%

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by

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
0.0565%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 --
-- --
-- --
$275,000 --
-- --
$641,300 --
-- --
$210,000 Commonwealth Land Title Ins
-- The Title Guarantee Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $505,150
Closed $516,700
Previous Owner $122,000
Previous Owner $75,000
Previous Owner $300,000
Previous Owner $577,170
Closed $272,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,735 $72,960 $10,320 $62,640
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

    Seller Co-Listing Agent in 2018

    Parviz Latipzoda

    Remax Top Nest Real Estate

    (917) 847-7771

    9 in this area

    51 Total Sales

    Parviz Latipzoda
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422421

Brooklyn Board of REALTORS®

APN: 08009-0020

New York Kings County Brooklyn 11236 Canarsie

739 E 88th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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