NOT LISTED FOR SALE

Estimated Value: $2,044,000 - $2,361,000

Studio
5 Baths
4,840 Sq Ft
$454/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,988,000 $411 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,639/month

Highlights

  • Back, Front, and Side Yard
  • 3-minute walk to Bay Parkway (D,M Line)
  • Private Driveway
  • P.S. 101 the Verrazano Rated A
  • Hot Water Heating System

About This Home

As of December 2021

This 3 Family Semi-detached Brick house located in Bath Beach is now available! Located just seconds away from the busy shopping area of Bay Parkway, this house is in a short distance to public transportation, restaurants, shops, Caesar's Bay Shopping Area and the Belt Parkway. Constructed only 25 years ago, this house features a private drive along with a new roof, staircase and sidewalk. Second an third floor comes with a half bath in the master bedroom and a balcony (2nd floor balcony located on the back and 3rd floor balcony located on the front). Third floor is currently lease until 8/2022, tenant pays separate gas and hot water. Individual boiler and hot water for each apartment. Excellent Condition. All offers must come with Pre-Qualification Letter and Proof of Funds.

Last Agent to Sell the Property

Eric Chik Chan

Listed on: 10/01/2021

Last Buyer's Agent

Eric Chik Chan

Listed on: 10/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,359

Year Built

  • Built in 1995

Lot Details

  • 2,910 Sq Ft Lot
  • Lot Dimensions are 97 x 30
  • Back, Front, and Side Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 4,840 Sq Ft Home
  • 3-Story Property
  • Parquet Flooring
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 6383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,359

Year Built

Built in 1995

Lot Details

2,910 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86th St
  • Cross Street Name2: Benson Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 4 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 4840
  • Building Stories: 3
  • Street Name I D X: 23rd
  • Waterfront Present: No
  • Year Built: 1995
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 2
  • Flooring: Parquet
  • Lot Sq Ft: 2910

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 50
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 97
  • Lot Size Width: 30
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 15359.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 23, 2021
Sold by
Chu Ping Kuen and Chu Raymond Ping-Kuen
Bought by
Louie Wendy Laiyeng and Louie Wilson
Seller's Agent
Eric Chik Chan
Buyer's Agent
Eric Chik Chan
Sold Price
$1,988,000
Current Estimated Value
$2,196,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,235
Avg. Annual Appreciation
2.43%
Original Mortgage
$1,188,000
Outstanding Balance
$1,091,768
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,104,467

Purchase Details

Closed on
Apr 10, 1996
Sold by
Advanced Housing Developers Inc
Bought by
Chu Ping Kueh and Chu Yuk Fung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.34%
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
Louie Wendy Laiyeng $1,988,000 --
Chu Ping Kueh $395,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louie Wendy Laiyeng $1,188,000
Previous Owner Chu Ping Kueh $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $1,988,000 -- $411 / Sq Ft
10/01/2021 10/01/21 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
2025 $16,305 $166,080 $17,520 $148,560
2024 $16,305 $176,400 $17,520 $158,880
2023 $16,487 $157,140 $17,520 $139,620
2022 $15,827 $172,200 $17,520 $154,680
2021 $15,359 $132,960 $17,520 $115,440
2019 $13,859 $127,800 $17,520 $110,280
2018 $13,493 $67,651 $13,429 $54,222
2017 $13,168 $66,067 $11,422 $54,645
2016 $12,150 $62,328 $13,756 $48,572
2015 $7,420 $58,800 $19,500 $39,300
2014 $7,420 $56,376 $18,696 $37,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456033

Brooklyn Board of REALTORS®

APN: 06383-0050

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