NOT LISTED FOR SALE

858 54th St Unit 1B Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $516,000 - $949,000

2 Beds
2 Baths
1,746 Sq Ft
2004 Built

Last Sold August 23, 2023

Last sale price $700,000 $401 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,742/month

Highlights

  • Multiple cooling system units
  • Heating System Uses Steam
  • 5-minute walk to Rappaport Playground
  • P.S. 160 William T Sampson School Rated A-
  • Community Storage Space

About This Home

As of August 2023

8th Ave 1,746 sqft 2 bedrooms condo + basement + backyard. Laundry area. Low common charge $311 per month. Tax $5,105 per year.

Last Agent to Sell the Property

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 07/11/2022

RE/MAX Real Estate Professionals

Last Buyer's Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 07/11/2022

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 2004

Parking

  • On-Street Parking

Home Design

  • 1,746 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Stove
  • Sprinkler System

Listing and Financial Details

  • Tax Block 5672

Community Details

Overview

  • 12 Units
  • Association Phone (718) 854-0777
  • Unit 1B Condos
  • Property managed by Bayshine Management Inc

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,105

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Maintenance Common Fee: 311.00
  • Negotiate Thru: Broker
  • Parking Attributes: Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove, Other
  • Fill Sq Ft Total: 1746
  • Street Name I D X: 54th
  • Year Built: 2004
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1001

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Bayshine Management Inc
  • Manager Phone: 718-854-0777
  • Units In Building: 12

Lot Info

  • Building Project Name: Unit 1B

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 5105.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 23, 2023
Sold by
Ye Terrence Zhen Quan
Bought by
Liu Qiu Yue and Liu Tian Qing
Seller's Agent
Hang Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Hang Chen
RE/MAX Real Estate Professionals
List Price
$950,000
Sold Price
$700,000
Premium/Discount to List
-$250,000
-26.32%
Views
9
Current Estimated Value
$776,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,917
Avg. Annual Appreciation
4.52%
Original Mortgage
$350,000
Outstanding Balance
$341,635
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,282

Purchase Details

Closed on
Jan 10, 2019
Sold by
Ye Wen Long and Zhao Sheng Yi
Bought by
Ye Terrence Zhen Quan

Purchase Details

Closed on
Oct 24, 2006
Sold by
858 Management Llc
Bought by
Ye Wen Long and Zhao Sheng Yi
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
Liu Qiu Yue $700,000 --
Liu Qiu Yue $700,000 --
Liu Qiu Yue $700,000 --
Ye Terrence Zhen Quan $800,000 --
Ye Terrence Zhen Quan $800,000 --
Ye Terrence Zhen Quan $800,000 --
Ye Wen Long $459,342 --
Ye Wen Long $459,342 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Qiu Yue $350,000
Closed Liu Qiu Yue $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $700,000 -20.5% $401 / Sq Ft
05/06/2023 05/06/23 Price Changed $880,000 -7.4% $504 / Sq Ft
07/11/2022 07/11/22 For Sale $950,000 -- $544 / Sq Ft
07/11/2022 07/11/22 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 $8,190 $74,960 $6,575 $68,385
2024 $8,190 $78,764 $6,575 $72,189
2023 $7,585 $73,457 $6,575 $66,882
2022 $7,181 $64,345 $6,575 $57,770
2021 $5,105 $52,133 $6,575 $45,558
2020 $4,274 $60,400 $6,575 $53,825
2019 $2,841 $60,400 $6,575 $53,825
2018 $1,485 $58,287 $6,576 $51,711
2017 $307 $50,913 $6,576 $44,337
2016 $311 $51,242 $6,576 $44,666
2015 $243 $42,647 $6,576 $36,071
2014 $243 $40,392 $6,575 $33,817
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hang Chen

    RE/MAX

    (646) 239-5999

    26 in this area

    206 Total Sales

    Hang Chen
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464099

Brooklyn Board of REALTORS®

APN: 05672-1001

New York Kings County Brooklyn 11220 Sunset Park

858 54th St Unit 1B, Brooklyn, NY

Not Listed for Sale

Condos

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