NOT LISTED FOR SALE

860 E 55th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $816,680 - $1,025,000

5 Beds
2.5 Baths
2,280 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $879,864 $386 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,868/month

35 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • Skylights
  • Wood Flooring
  • Formal Dining Room
  • Porch

About This Home

As of April 2021

Brick 2 Family Colonial, First Floor 2 Br / 1 Bathroom Apartment, Long Term Tenant Pays $1,400 Per Month. Second Floor 3 Br / 1.5 Bathroom Duplex Apartment With Dining Room And Backyard Entrance, Community Driveway With 1 Car Parking Spot, Walking Distance To Bus Transportation And Shopping, Additional information: Separate Hotwater Heater:Gas

Last Agent to Sell the Property

Brian Phillips

Douglas Elliman Real Estate Brokerage Phone: 718-884-5815 License #10301208041 Listed on: 12/29/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 1955

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Middle School For Art And Philosophy
  • High School For Medical Professions

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,136

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 718-884-5815
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Window Features: Skylight(s)
  • Owner Pays: Insurance
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle School For Art And Philosophy

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Features: Level
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 1200
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 7136
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: High School For Medical Professions
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Apr 13, 2021
Sold by
Lewis Mishkia and Lewis Tyrone
Bought by
Simmons Tamiko
Seller's Agent
Brian Phillips
Douglas Elliman Real Estate
List Price
$899,000
Sold Price
$879,864
Premium/Discount to List
-$19,136
-2.13%
Current Estimated Value
$963,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,806
Avg. Annual Appreciation
2.08%
Original Mortgage
$902,240
Outstanding Balance
$818,764
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,906

Purchase Details

Listed on
Jan 5, 2016
Closed on
Mar 30, 2016
Sold by
Srmof 2009-I Trust and Wells Fargo Bank National Association A
Bought by
Lewis Mishkia Y and Lewis Tyrone E
Seller's Agent
RJ Santiago
Buy Rite Home Sales Inc
Buyer's Agent
RJ Santiago
Buy Rite Home Sales Inc
List Price
$499,900
Sold Price
$516,000
Premium/Discount to List
$16,100
3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$506,653
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2015
Sold by
Steven H Richman Esq As Referee
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jan 9, 2008
Sold by
Forbes Rachel
Bought by
Forbes Rachel and Francis Ricardo

Purchase Details

Closed on
Oct 16, 2007
Sold by
Thomas Prince
Bought by
Forbes Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Thomas Prince and Mcintyre Stokely
Bought by
Thomas Prince and Thomas Rosalie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simmons Tamiko $902,240 --
Simmons Tamiko $902,240 --
Lewis Mishkia Y $516,000 --
Lewis Mishkia Y $516,000 --
Wells Fargo Bank National Association $888,904 --
Wells Fargo Bank National Association $888,904 --
Forbes Rachel -- --
Forbes Rachel -- --
Forbes Rachel $650,000 --
Forbes Rachel $650,000 --
Thomas Prince -- Commonwealth Land Title Ins
Thomas Prince -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Tamiko $902,240
Closed Simmons Tamiko $902,240
Previous Owner Lewis Mishkia Y $506,653
Previous Owner Forbes Rachel $585,000
Previous Owner Thomas Prince $9,000
Previous Owner Thomas Prince $40,000
Previous Owner Thomas Prince $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $516,000 -- --
06/11/2021 06/11/21 Off Market $889,000 -- --
04/13/2021 04/13/21 Sold $879,864 -1.0% $386 / Sq Ft
04/13/2021 04/13/21 Sold $889,000 0.0% $390 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $889,000 -1.1% $390 / Sq Ft
01/04/2021 01/04/21 For Sale -- -- --
12/29/2020 12/29/20 For Sale $899,000 0.0% $394 / Sq Ft
12/11/2020 12/11/20 For Sale $899,000 +74.2% $394 / Sq Ft
03/30/2016 03/30/16 Sold $516,000 +3.2% $226 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $499,900 -- $219 / Sq Ft
Source: OneKey® MLS

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 $7,891 $49,200 $9,480 $39,720
2024 $7,891 $48,720 $9,480 $39,240
2023 $7,528 $59,760 $9,480 $50,280
2022 $7,232 $54,480 $9,480 $45,000
2021 $7,565 $44,100 $9,480 $34,620
2020 $3,548 $38,760 $9,480 $29,280
2019 $6,849 $38,760 $9,480 $29,280
2018 $6,461 $30,888 $8,328 $22,560
2016 $5,988 $29,955 $8,998 $20,957
2015 $3,435 $28,260 $10,560 $17,700
2014 $3,435 $27,284 $10,046 $17,238
Source: Public Records

Agents Affiliated with this Home

  • Brian Phillips

    Seller's Agent in 2021

    Brian Phillips

    Douglas Elliman Real Estate

    (347) 891-4334

    4 in this area

    57 Total Sales

    Brian Phillips
    Section Image
  • RJ Santiago

    Seller's Agent in 2016

    RJ Santiago

    Buy Rite Home Sales Inc

    (718) 559-5050

    15 Total Sales

    RJ Santiago
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6088376

OneKey® MLS

APN: 07972-0051

New York Kings County Brooklyn 11234 Flatlands

860 E 55th St, Brooklyn, NY

This home is located at 860 E 55th St, Brooklyn, NY 11234 since 29 December 2020 and is currently estimated at $963,670, approximately $422 per square foot. This property was built in 1955. 860 E 55th St is a home located in Kings County with nearby schools including P.S. 208 Elsa Ebeling, I.S. 285 Meyer Levin, and Ebenezer Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes