NOT LISTED FOR SALE

Estimated Value: $1,001,577 - $1,099,000

7 Beds
4 Baths
3,450 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $750,000 $217 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,171/month

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Laundry Facilities
  • Garden

About This Home

As of December 2018

Excellent opportunity to own a 2-family home in one of Brooklyn’s hottest neighborhoods, East Flatbush, where development is booming and people are flocking! This 3-story brick house in a very convenient location is the perfect place to call home plus get extra income from a rental apartment. Or invest and rent out both! The spacious first-floor apartment offers a living room, kitchen, 2 bedrooms and a full bath. The upper duplex on the second and third floors is a wonderful residence for an owner-occupier. On the main level there’s a living room, dining room, big eat-in kitchen, front bedroom that accessed outdoor space and a half bath. The third floor houses 4 bedrooms and a full bath providing comfort for family and guests. This home also features a full finished basement with a family room, an accessory kitchen, full bath, laundry room plus boiler and storage rooms. From the basement you can step out the rear yard for summer barbecues and outdoor enjoyment. Other highlights are hardwood floors, generous closet space, updated mechanicals/gas boiler, plus a community driveway in the rear with private parking for 2 cars. Great potential with some updating needed, in a prime Brooklyn living destination close to shopping at Kings Plaza Mall and Gateway Center, dining establishments and all amenities, as well as the Belt Parkway and other transportation.

Last Agent to Sell the Property

Mohamad Hasan

Bellmarc Listed on: 10/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1960

Lot Details

  • 2,383 Sq Ft Lot
  • Lot Dimensions are 24x100
  • Garden
  • Back and Front Yard

Parking

  • 3 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,000

Year Built

Built in 1960

Lot Details

2,383 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Cross Street Name2: Farragut Rd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Patio Garden, Other
  • Rooms Total Level3: 4
  • Building Stories: 3
  • Street Name I D X: 58
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2383

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 54
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Dimensions: 24x100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8000.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 18, 2018
Sold by
Lennox Jobe Executor
Bought by
Hall Sarah
Seller's Agent
Mohamad Hasan
Bellmarc
Sold Price
$750,000
Current Estimated Value
$1,056,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,394
Avg. Annual Appreciation
4.86%
Original Mortgage
$641,750
Outstanding Balance
$566,524
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,870
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hall Sarah $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Sarah $641,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $750,000 -- $217 / Sq Ft
10/01/2018 10/01/18 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 $8,807 $72,480 $12,540 $59,940
2024 $8,807 $72,780 $12,540 $60,240
2023 $8,905 $66,960 $12,540 $54,420
2022 $8,688 $60,600 $12,540 $48,060
2021 $8,640 $46,800 $12,540 $34,260
2019 $7,644 $36,540 $12,540 $24,000
2018 $8,150 $39,978 $10,252 $29,726
2017 $7,744 $37,987 $10,671 $27,316
2016 $7,594 $37,987 $11,921 $26,066
2015 $4,102 $37,324 $13,467 $23,857
2014 $4,102 $35,312 $11,839 $23,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424033

Brooklyn Board of REALTORS®

APN: 07954-0054

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