NOT LISTED FOR SALE

Estimated Value: $1,603,703 - $1,888,000

6 Beds
3 Baths
2,320 Sq Ft
$737/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $1,100,000 $474 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,950/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • IS 220 John J. Pershing Rated A

About This Home

As of January 2023

Location, Location and Location! Presenting this Highly Potential Huge Legal Two(2) Family Brick with front separate entrance to the full finished-basement located in the most-sought after Prime Neighborhood, Sunset Park. It is conveniently located in the center of ALL your daily needs: the 7th & 8th Avenue Commercial Blocks which offer various choices of restaurant, supermarkets, entertainments, banking, doctor offices, shopping, public transportation and much more to mention. This home features a 3-bedrooms apartment and a wide balcony on the top floor over a 2-bedrooms apartment that can be easily converted to 3 bedrooms and an exit to the backyard on the 1st floor over full finished basement with separate entrance from the front and exit to the backyard, building size 20x58' approx 2,320 SF sitting on 20x100.17' lot, R6B Zoning with FAR at 2 which allows additional approx 1,838 buildable SF, and annual property tax $6,954. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/19/2022

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 10/19/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,954

Year Built

  • Built in 1920

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,954

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1160
  • Building Length: 58.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Av
  • Cross Street Name2: 8th Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2320
  • Building Stories: 2
  • Street Name I D X: 53rd
  • Street Number I D X: 758
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2003
  • Total Rooms: 10

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 32
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • 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: 6954.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jan 12, 2023
Sold by
Niesz Emellyn and Niesz Emily
Bought by
Yf & Cc Llc
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$1,450,000
Sold Price
$1,100,000
Premium/Discount to List
-$350,000
-24.14%
Current Estimated Value
$1,709,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,176
Avg. Annual Appreciation
18.17%
Source: Public Records

Range of Values:

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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
Yf & Cc Llc $1,100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $1,100,000 -24.1% $474 / Sq Ft
10/19/2022 10/19/22 For Sale $1,450,000 -- $625 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,861 $109,560 $22,380 $87,180
2024 $7,861 $95,100 $22,380 $72,720
2023 $7,499 $84,060 $22,380 $61,680
2022 $6,954 $84,780 $22,380 $62,400
2021 $7,331 $80,460 $22,380 $58,080
2020 $5,498 $80,940 $22,380 $58,560
2019 $6,823 $79,200 $22,380 $56,820
2018 $6,272 $30,770 $6,495 $24,275
2017 $5,918 $29,030 $9,038 $19,992
2016 $5,803 $29,030 $9,200 $19,830
2015 $3,083 $28,809 $13,678 $15,131
2014 $3,083 $27,180 $11,971 $15,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 467500

Brooklyn Board of REALTORS®

APN: 00818-0032