$618,000
SOLD MAY 19, 2025
2 Beds
1 Bath
672 Sq Ft
2002 Built

Recently Sold

$920 Per Sq Ft

6% Below List Price

Highlights

  • Deck
  • Terrace
  • Multiple cooling system units
  • Wood Flooring
  • Elevator
  • Community Storage Space

About This Home

As of May 2025

A 2002-built condo with an elevator, sunny 675 sq. ft. 2 bedrooms, 1 bathroom, a living room, and a terrace. a private storage room and one parking space. HOA fee: $314/M, property tax. The surrounding environment is quiet and convenient, close to schools, parks, buses B35 and B70, and the D subway line.

Last Agent to Sell the Property

Selyna Eng

E House Realty & Mgt. Inc. Listed on: 09/16/2024

Last Buyer's Agent

Zihan (Hanson) Feng

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 2002

Parking

  • 1 Parking Space

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 672 Sq Ft Home
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 915
  • Property eligible for a tax abatement

Community Details

Overview

  • 12 Units
  • Association Phone (718) 854-0777
  • Property managed by Bay Shine Property Management

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,160

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue and 8th Avenue
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 314.00
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Deck, Dishwasher, Dryer, Elevator, Terrace, Washer
  • Fill Sq Ft Total: 672
  • Street Name I D X: 40th
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1018

Utilities

  • Air Conditioning Units: 3
  • Utilities: Parking

Condo/Co-op/Association

  • Management Company: Bay Shine Property Management
  • Manager Phone: 718-854-0777
  • Units In Building: 12

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 5160.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
May 19, 2025
Sold by
Chen Shao Lin and Wang Nengdi
Bought by
Zhuang Hou Juan
Seller's Agent
Selyna Eng
E House Realty & Mgt. Inc.
Buyer's Agent
Zihan (Hanson) Feng
E House Realty & Mgt. Inc.
List Price
$660,000
Sold Price
$618,000
Premium/Discount to List
-$42,000
-6.36%
Views
53
Current Estimated Value
$587,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,949
Avg. Annual Appreciation
-6.62%
Original Mortgage
$365,000
Outstanding Balance
$363,117
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,934
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 Type Sale Price Title Company
Deed $618,000 --
Deed $618,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 Purchase Money Mortgage
Closed $365,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $618,000 -0.2% $920 / Sq Ft
11/22/2024 11/22/24 Price Changed $619,000 -3.0% $921 / Sq Ft
10/05/2024 10/05/24 Price Changed $638,000 -3.3% $949 / Sq Ft
09/16/2024 09/16/24 For Sale $660,000 -- $982 / Sq Ft
09/16/2024 09/16/24 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 $5,190 $42,643 $6,587 $36,056
2024 $5,190 $47,581 $6,587 $40,994
2023 $4,755 $45,334 $6,587 $38,747
2022 $4,423 $43,371 $6,587 $36,784
2021 $4,006 $33,209 $6,587 $26,622
2019 $3,879 $33,842 $6,587 $27,255
2018 $3,017 $32,671 $6,587 $26,084
2017 $2,218 $30,867 $6,587 $24,280
2016 $1,506 $28,904 $6,587 $22,317
2015 -- $27,543 $6,587 $20,956
2014 -- $27,446 $6,587 $20,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486038

Brooklyn Board of REALTORS®

APN: 00915-1018

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