Seller's Agent in 2021
Kevin Lam
Momentum Real Estate LLC
(347) 605-6073
6 in this area
139 Total Sales
863 59th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,452,913 - $1,966,000
6
Beds
2
Baths
2,072
Sq Ft
$884/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 4-minute walk to 8 Avenue
- Baseboard Heating
- P.S. 105 The Blythebourne Rated A-
- 3 Car Detached Garage
- Back Yard
About This Home
As of December 2021Golden opportunity to own a piece of real estate with amazing potential and possibilities in one of Brooklyn’s most sought after neighborhoods, Sunset Park-Super Hot Location!!! 2 Family Semi-Detached Brick House, 3 Bedrooms Over 3 Bedrooms Plus Full Finished Basement with Rear Entrances, High Ceilings, Super Bright And Airy. All Brick Even The Foundation, Forced Air Gas Heat, Gas Hot Water, And The Conditions are Move-in Ready. House Size 19'x62'(First Floor),19x55(Second Floor) Lot Size 24'x100', Year Built 1925, Taxes $8,713, R6 Zoning Allows For Adding Additional Square Footage (Verify With Your Architect), This highly convenient and desirable location is near public transportation, shopping, as well as desirable schools (ex: PS 105, JHS 223,)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,713
Year Built
- Built in 1925
Lot Details
- 2,354 Sq Ft Lot
- Lot Dimensions are 100 x 24
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Car Detached Garage
- Shared Driveway
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2021
Closed on
Dec 16, 2021
Sold by
United American Muslim Association Of N
Bought by
863 Li Inc
Seller's Agent
Kevin Lam
Momentum Real Estate LLC
Buyer's Agent
Lily Luu
Momentum Real Estate LLC
Sold Price
$1,750,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,728
Avg. Annual Appreciation
1.07%
Original Mortgage
$1,080,000
Outstanding Balance
$993,450
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$838,278
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 863 Li Inc | $1,750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 863 Li Inc | $1,080,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2021 12/16/21 | Sold | $1,750,000 | -- | $845 / Sq Ft |
| 03/06/2021 03/06/21 | 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 | $9,585 | $89,220 | $23,820 | $65,400 |
| 2024 | $9,585 | $85,320 | $23,820 | $61,500 |
| 2023 | $9,447 | $88,860 | $24,780 | $64,080 |
| 2022 | $8,761 | $86,880 | $24,780 | $62,100 |
| 2021 | $0 | $93,780 | $24,780 | $69,000 |
| 2020 | $0 | $82,800 | $24,780 | $58,020 |
| 2019 | $0 | $82,800 | $24,780 | $58,020 |
| 2018 | $0 | $38,764 | $8,806 | $29,958 |
| 2017 | $0 | $36,572 | $10,212 | $26,360 |
| 2016 | -- | $34,503 | $10,961 | $23,542 |
| 2015 | -- | $34,503 | $14,503 | $20,000 |
| 2014 | -- | $33,142 | $16,717 | $16,425 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Lam
-
Kunheng Cao
K
Seller Co-Listing Agent in 2021
Kunheng Cao
Momentum Real Estate LLC
(347) 741-4849
2 in this area
28 Total Sales
-
Lily Luu
L
Buyer's Agent in 2021
Lily Luu
Momentum Real Estate LLC
(646) 220-5338
2 in this area
45 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 448786
APN: 05700-0053
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