NOT LISTED FOR SALE

86 Erasmus St Unit 1A Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $601,000 - $845,000

3 Beds
1 Bath
1,002 Sq Ft
$449/mo HOA Fee

Last Sold August 27, 2021

Last sale price $649,995 $649 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,486/month

18 Days on Market

About This Home

As of August 2021

Complete with a massive backyard and fluid, spacious layout, residence #1A at 86 Erasmus Street is the quintessential apartment for our times. Meticulously renovated with smartly apportioned space, this 3BR home is primed and ready for its new owners to enjoy an exciting, yet tranquil, Brooklyn summer! Enter into a beautiful living room, drenched with sunlight; carefully maintained hardwood floors will guide you to a recently renovated, enormous open kitchen equipped with stainless-steel appliances (including LG dishwasher and Summit gas range), plentiful cabinet space and a breakfast bar that's perfect for laptops and early morning coffee.



The rear portion of the apartment offers multiple walk-in closets, in-unit W/D and three substantially-sized bedrooms, each offering natural light, space and comfort. And through the third bedroom, you'll find the portal to your private Brooklyn oasis, spanning approximately 900 square feet and perfect for intimate gatherings, barbecues and quiet time with a book and the sun. Surrounded by luscious greenery and the smell of fresh-cut grass, you'll feel both joy and a sense of calm calling this glorious apartment home. 86 Erasmus Street sits just four blocks away from the Church Avenue 2/5 trains; you'll be able to enjoy convenient shopping and amenities on Flatbush, Church, and Tilden Avenues, with Prospect Park, Downstate Medical and Brooklyn College, and the B and Q trains nearby as well. Contact us to arrange for a private viewing!

Last Agent to Sell the Property

Gabriel Leibowitz

Douglas Elliman Real Estate License #10301211853 Listed on: 06/09/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1988

Lot Details

  • 1.51

HOA Fees

  • $449 Monthly HOA Fees

Home Design

  • 1,002 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling

Community Details

  • 72 Units
  • Eflatbus Subdivision

Listing and Financial Details

  • Tax Block 5107

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,676

Year Built

Built in 1988

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Cross Street: Rogers Ave
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: EFLATBUS
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1002.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 449.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 72
  • Year Built: 1988

Tax Info

  • Tax Block: 5107
  • Tax Annual: 2676.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 27, 2021
Sold by
Carey Peter and Reaves Josina
Bought by
Parisi Benjamin
Seller's Agent
Gabriel Leibowitz
Douglas Elliman Real Estate
List Price
$649,995
Sold Price
$649,995
Current Estimated Value
$710,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,585
Avg. Annual Appreciation
2.18%
Original Mortgage
$576,000
Outstanding Balance
$524,117
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,463

Purchase Details

Closed on
Nov 7, 2013
Sold by
Mwendo Jenga
Bought by
Carey Peter and Reaves Josina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Singleton Veronica
Bought by
Mwendo Jenga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Parisi Benjamin $640,000 --
Carey Peter $365,000 --
Carey Peter $365,000 --
Mwendo Jenga $220,000 --
Mwendo Jenga $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parisi Benjamin $576,000
Previous Owner Carey Peter $292,000
Previous Owner Mwendo Jenga $44,000
Previous Owner Mwendo Jenga $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $649,995 0.0% $649 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $649,995 -- $649 / 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 $3,197 $47,434 $1,131 $46,303
2024 $3,197 $41,040 $1,131 $39,909
2023 $3,208 $36,270 $1,131 $35,139
2022 $2,975 $33,440 $1,131 $32,309
2021 $2,663 $26,476 $1,131 $25,345
2020 $1,240 $24,468 $1,131 $23,337
2019 $2,482 $22,691 $1,131 $21,560
2018 $2,385 $13,162 $645 $12,517
2017 $2,232 $12,418 $656 $11,762
2016 $2,032 $11,716 $690 $11,026
2015 $649 $11,054 $634 $10,420
2014 $649 $11,054 $761 $10,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10724921

Real Estate Board of New York (REBNY)

APN: 05107-1019