NOT LISTED FOR SALE

86 Norwood Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $744,774 - $1,140,000

-- Bed
-- Bath
1,948 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $675,000 $347 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,417/month

85 Days on Market

About This Home

As of April 2018

Original details and built-ins is what stands out when you view this home. This large two family has been preserved by the current owners and is steps from Highland Park and the Norwood Station. Upon entering this home you will be greeted to a large living room with a shared den. Further down you will find a large formal dining room with a working fireplace and all the original built-in cabinets. The adjacent eat-in kitchen also features the original built-ins, tin ceilings and offers access to the picturesque yard. Upstairs you have a large one or two bedroom unit that features all the original details and a working fireplace. The basement is fully finished with a bathroom and lots of closets and storage. The recently paved yard offers a nice place to relax and take in some sun. The flexible yard will allow you to eat the grapes from the growing vines and or park your car. Easily converted back to a one family or used as a super affordable two. Now is the time to buy in East New York before the market takes off into the stratosphere.

Co-Listed By

Christopher Howard

Compass License #10301204190

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,613

Lot Details

  • 2,222

Home Design

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Units
  • Eny Subdivision

Listing and Financial Details

  • Tax Block 3916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,613

Lot Details

0

Listing Details

  • Cross Street: Ridgewood Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: ENY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 1948.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 3916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Apr 4, 2018
Sold by
Evans Teresa and Evans-Bassey Laverne
Bought by
Perez Alejandro and Velazquez Amalia F
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$928,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,944
Avg. Annual Appreciation
3.68%
Original Mortgage
$635,937
Outstanding Balance
$549,234
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,112
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
Perez Alejandro $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Alejandro $635,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $675,000 -3.6% $347 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $700,000 -- $359 / 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 $5,613 $42,540 $16,500 $26,040
2024 $5,613 $49,920 $16,500 $33,420
2023 $5,414 $50,400 $16,500 $33,900
2022 $5,064 $40,380 $16,500 $23,880
2021 $5,195 $31,920 $16,500 $15,420
2020 $3,896 $38,700 $16,500 $22,200
2019 $4,872 $42,780 $16,500 $26,280
2018 $3,869 $22,213 $11,167 $11,046
2017 $3,663 $21,139 $10,199 $10,940
2016 $3,491 $20,571 $12,684 $7,887
2015 $1,966 $20,551 $14,693 $5,858
2014 $1,966 $19,407 $15,964 $3,443
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller Co-Listing Agent in 2018

    Christopher Howard

    Compass

    (347) 217-4200

    9 Total Sales

    Christopher Howard
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10077942

Real Estate Board of New York (REBNY)

APN: 03916-0026

New York Kings County Brooklyn 11208 Cypress Hills

86 Norwood Ave, Brooklyn, NY

This home is located at 86 Norwood Ave, Brooklyn, NY 11208 since 05 December 2017 and is currently estimated at $928,944, approximately $476 per square foot. 86 Norwood Ave is a home located in Kings County with nearby schools including P.S. 65, Is 171 Abraham Lincoln, and Blessed Sacrament School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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