NOT LISTED FOR SALE

816 42nd St Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,140,000 - $1,619,645

7 Beds
3 Baths
3,120 Sq Ft
$460/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2022

Last sale price $1,400,000 $449 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,275 / mo

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Split Air Conditioning
  • I.S. 223 The Montauk Rated A-
  • Baseboard Heating
  • Back Yard

About This Home

As of April 2022

Legal two family brick house in Sunset Park. High ceiling and excellent condition. First floor has 3 bedrooms and second floor has 4 bedrooms; each floor has one bath, dinning area and living room. Finished basement with separate entrance.
Convenient public transportation and local shops. ZoningR6, C1-3. House size 20x50, lot size 20x100, deliver vacant on closing.

Last Agent to Sell the Property

Maggie (Cuie) Wu

RE/MAX Edge Listed on: 10/31/2021

RE/MAX Edge

Last Buyer's Agent

Zhen Bao Chen

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1920

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Flooring

  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Split Air Conditioning
  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,700

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8 avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Other
  • Street Name I D X: 42nd
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

  • Lot Dimensions: 2000
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6 C1-3

Tax Info

  • Flip Tax Amount: 5700.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Apr 6, 2022
Sold by
Chen Jin Rong and Chen Ru Qiang
Bought by
Chen Saizhen and Wu Qifeng
Seller's Agent
Maggie (Cuie) Wu
RE/MAX Edge
Buyer's Agent
Zhen Bao Chen
E House Realty & Mgt. Inc.
Sold Price
$1,400,000
Current Estimated Value
$1,449,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,990
Avg. Annual Appreciation
0.59%
Original Mortgage
$920,000
Outstanding Balance
$852,852
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$581,809

Purchase Details

Closed on
Dec 7, 2020
Sold by
Chen Hui Xia Ruan and Chen Jin Rong
Bought by
Chen Jin Rong and Chen Ru Qiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2016
Sold by
Chen Hui Xia Ruan
Bought by
Chen Jin Rong and Chen Ru Qiang

Purchase Details

Closed on
Aug 14, 2012
Sold by
Chen Hui Xia Ruan
Bought by
Chen Hui Xia Ruan and Chen Jin Rong

Purchase Details

Closed on
Jul 23, 2001
Sold by
Lee Man Chiu
Bought by
Chen Qi Huan and Chen Hui Xia Ruan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.21%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chen Saizhen $1,400,000 --
Chen Jin Rong -- --
Chen Jin Rong -- --
Chen Hui Xia Ruan -- --
Chen Qi Huan -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chen Saizhen $920,000
Closed Chen Jin Rong $400,000
Previous Owner Chen Qi Huan $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $1,400,000 -- $449 / Sq Ft
10/31/2021 10/31/21 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
2026 $6,958 $94,860 $27,420 $67,440
2025 $6,822 $91,980 $27,420 $64,560
2024 $6,822 $88,680 $27,420 $61,260
2023 $6,549 $82,920 $27,420 $55,500
2022 $5,821 $67,860 $27,420 $40,440
2021 $5,776 $56,340 $27,420 $28,920
2020 $2,872 $66,600 $27,420 $39,180
2019 $5,628 $73,680 $27,420 $46,260
2018 $5,180 $26,872 $9,144 $17,728
2017 $4,898 $25,497 $11,854 $13,643
2016 $4,501 $24,064 $11,915 $12,149
2015 $2,681 $24,058 $12,811 $11,247
2014 $2,681 $23,588 $14,613 $8,975
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maggie (Cuie) Wu

    RE/MAX

    (718) 288-3835

    2 in this area

    29 Total Sales

    Maggie (Cuie) Wu
    Section Image

  • Z

    Buyer's Agent in 2022

    Zhen Bao Chen

    E House Realty & Mgt. Inc.

    (718) 680-2776

    8 in this area

    11 Total Sales

    Zhen Bao Chen
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456819

Brooklyn Board of REALTORS®

APN: 00925-0012

New York Kings County Brooklyn 11232 Sunset Park

816 42nd St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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