NOT LISTED FOR SALE

Estimated Value: $1,609,000 - $1,718,000

Studio
3 Baths
2,120 Sq Ft
$780/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $1,600,000 $755 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,276/month

About This Home

As of December 2024

Sunset Park The 8th Avenue! 2family brick, Detached garage. Can be delivery vacant. Great opportunity for investment or use. Convenient to all. Must see.....

Last Agent to Sell the Property

WenpinTommy Zhu

Real Estate Top Sales LLC Listed on: 07/25/2024

Co-Listed By

Frankie Lu

Real Estate Top Sales LLC

Last Buyer's Agent

En Qiao Lin

Real Estate Top Sales LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,044

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,044

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118000
  • Co List Office Phone: (917) 388-5221
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Cross Street Name2: 8th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Street Name I D X: 47th
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 26
  • Roof: Other

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6b

Tax Info

  • Flip Tax Amount: 8044.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Dec 16, 2024
Sold by
Gavin Zhu As Trustee and Henry Zhu As Trustee
Bought by
Wang Meng Liang
Seller's Agent
WenpinTommy Zhu
Real Estate Top Sales LLC
Buyer's Agent
En Qiao Lin
Real Estate Top Sales LLC
List Price
$1,890,000
Sold Price
$1,600,000
Premium/Discount to List
-$290,000
-15.34%
Views
5
Current Estimated Value
$1,654,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,405
Avg. Annual Appreciation
2.95%
Original Mortgage
$800,000
Outstanding Balance
$792,251
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$862,154

Purchase Details

Closed on
Sep 5, 2024
Sold by
Zhu Jin Lian
Bought by
Gavin Zhu As Trustee and Henry Zhu As Trustee

Purchase Details

Closed on
Nov 4, 1997
Sold by
Huey Billy W S
Bought by
Zhu Jin Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.14%
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

Date Buyer Sale Price Title Company
Wang Meng Liang $1,600,000 --
Wang Meng Liang $1,600,000 --
Gavin Zhu As Trustee -- --
Gavin Zhu As Trustee -- --
Zhu Jin Lian $218,000 --
Zhu Jin Lian $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Meng Liang $800,000
Closed Wang Meng Liang $800,000
Previous Owner Zhu Jin Lian $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $1,600,000 -15.3% $755 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $1,890,000 -- $892 / Sq Ft
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 $8,018 $81,480 $22,380 $59,100
2024 $8,018 $95,880 $22,380 $73,500
2023 $8,044 $103,140 $22,380 $80,760
2022 $7,437 $91,260 $22,380 $68,880
2021 $7,385 $77,640 $22,380 $55,260
2019 $6,911 $77,220 $22,380 $54,840
2018 $6,669 $34,175 $8,749 $25,426
2017 $6,273 $32,241 $10,623 $21,618
2016 $5,771 $30,417 $8,661 $21,756
2015 $3,449 $28,696 $12,029 $16,667
2014 $3,449 $28,696 $13,831 $14,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484835

Brooklyn Board of REALTORS®

APN: 00768-0026