NOT LISTED FOR SALE

Estimated Value: $976,000 - $1,381,000

7 Beds
5 Baths
4,090 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,160,000 $284 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,167/month

31 Days on Market

About This Home

As of June 2021

A Radiant Three-Unit Residence

785 Essex Street checks all of the boxes for the homebuyer who doesn't want to be put in a box. This East New York 3-Unit home was strategically designed to give you the versatility to live your best life. Living in this light-filled residence will be an experience that will surely raise your bar.

The owner's triplex is a 3-Bed, 3-Bath home with a generous footprint. The living room is spacious with plenty of room to design your dream retreat. The galley kitchen is amazing--a generous amount of counter space and cabinetry make it the perfect place to prepare a feast for family and friends. But it's the bedrooms that will give you pause. Each bedroom easily competes and wins against the typical tiny NYC bedroom. Generous closet space with en-suite and/or nearby baths makes them the perfect place to rest after a long day. This triplex also features an immense recreation space with a bar, office space, and access to the garden. The garden is serene, with lush greenery and a patio that you will love if you love entertaining. Off of the garden is a driveway that easily fits five cars. And you also have a garage, so parking will never be an issue. There's more than a lot to love here.

And this home's two additional units--a 1-Bed| 1-Bath and a 3-Bed| 2-Bath--create an optimal opportunity to generate rental income and/or have a guest suite.

East New York, Brooklyn is one of the last great Brooklyn frontiers. Beautiful homes and serene streets with mature trees make this neighborhood the perfect backdrop for storybook living. Nearby you'll find all of your essential amenities; grocers, post office, movie theaters, and shopping. The shopping here is so good--Spring Creek is less than ten blocks away and has Home Depot, Nordstrom Rack, Best Buy, and so much more. And when you need more greenery, the Shirley Chisolm State Park is 5 - 10 minutes away with 407-acres of green space and trails. If you've desired an entry into the housing market, that didn't require you sacrificing your wants and needs, it is here. Find your Sweet Spot.

Last Agent to Sell the Property

Toni Martin

Corcoran Group License #10301207190 Listed on: 03/03/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,668

Year Built

  • Built in 2006

Lot Details

  • 4,008

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 40.0

Community Details

  • 3 Units
  • East New York Subdivision

Listing and Financial Details

  • Tax Block 4339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,668

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Linden Blvd & Hegeman Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East New York
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 14

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 40.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 2006

Tax Info

  • Tax Block: 4339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Bhuiyan Joynul J and Mozumder Anamul H
Bought by
Mozumder Anamul H
Current Estimated Value
$1,200,446

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jun 16, 2021
Sold by
Christie Jacqueline and Woolley Jacqueline
Bought by
Bhuiyan Joynul Jakarain and Mozumder Anamul Hoque
Seller's Agent
Toni Martin
Corcoran Group
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$1,003,255
Outstanding Balance
$913,087
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,359

Purchase Details

Closed on
Jan 16, 2009
Sold by
Essex Gardens Llc
Bought by
Christie Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.28%
Source: Public Records

Range of Values:

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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
Mozumder Anamul H -- --
Bhuiyan Joynul Jakarain $1,160,000 --
Christie Jacqueline $380,000 --
Christie Jacqueline $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuiyan Joynul Jakarain $1,003,255
Previous Owner Christie Jacqueline $266,000
Previous Owner Christie Jacqueline $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,160,000 +0.9% $284 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,150,000 -- $281 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,668 $76,140 $19,560 $56,580
2024 $7,668 $71,700 $19,560 $52,140
2023 $6,552 $78,780 $19,560 $59,220
2022 $5,494 $69,720 $19,560 $50,160
2021 $4,446 $70,740 $19,560 $51,180
2020 $1,851 $50,220 $18,639 $31,581
2019 $3,606 $50,220 $18,639 $31,581
2018 $3,248 $48,972 $17,391 $31,581
2017 $3,232 $46,200 $17,326 $28,874
2016 $2,831 $44,583 $15,709 $28,874
2015 $1,450 $42,060 $13,186 $28,874
2014 $1,450 $42,060 $13,186 $28,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10702614

Real Estate Board of New York (REBNY)

APN: 04339-0046