$520,000
SOLD DEC 9, 2025
1 Bed
1 Bath
769 Sq Ft
3,006 Sq Ft Lot

Recently Sold

$676 Per Sq Ft

24% Below List Price

About This Home

As of December 2025

Welcome to this well-maintained 1-bedroom condo, currently used as a 2-bedroom, offering flexibility and comfort. Featuring 769 sqft of interior space plus a large 300 SQF balcony. The building still benefits from 7 years of tax abatement, with current property taxes at only $342/year. The monthly common charge is $247. Located in the heart of 8th Ave, convenient to shops, restaurants, transportation, and everything you need for work and daily life.

Last Agent to Sell the Property

David Feng

E House Realty & Mgt. Inc. Listed on: 10/21/2025

Co-Listed By

Selyna Eng

E House Realty & Mgt. Inc.

Last Buyer's Agent

Chunjin Xu

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $342

Year Built

  • Built in 2018

Home Design

  • 769 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System

Community Details

  • 11 Units
  • Association Phone (718) 625-3333
  • 866 Condominium Condos
  • Property managed by 866 Condominium

Listing and Financial Details

  • Tax Block 5686
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$342

Year Built

Built in 2018

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 117390
  • Co List Office Phone: (718) 680-2776
  • Confirmed By M L S Y N: Yes
  • Cross Street: 56th Street
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 247.56
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 769
  • Street Name I D X: 56th
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1404

Utilities

  • Air Conditioning Units: 2
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: 866 Condominium
  • Manager Phone: 718-625-3333
  • Units In Building: 11

Lot Info

  • Building Project Name: 866 Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 342.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2025
Closed on
Jan 20, 2026
Sold by
866 Wu Inc
Bought by
Lin Jianqiang and Yang Lan Jin
Seller's Agent
David Feng
E House Realty & Mgt. Inc.
Buyer's Agent
Chunjin Xu
E House Realty & Mgt. Inc.
List Price
$680,000
Sold Price
$520,000
Premium/Discount to List
-$160,000
-23.53%
Views
7
Current Estimated Value
$530,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,293
Avg. Annual Appreciation
7.25%
Original Mortgage
$150,000
Outstanding Balance
$150,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,293
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 Type Sale Price Title Company
Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Sold $520,000 -19.9% $676 / Sq Ft
10/23/2025 10/23/25 Price Changed $649,000 -4.6% $844 / Sq Ft
10/21/2025 10/21/25 For Sale $680,000 -- $884 / Sq Ft
10/21/2025 10/21/25 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 $342 $41,064 $4,086 $36,978
2024 $342 $38,779 $4,086 $34,693
2023 $336 $37,345 $4,086 $33,259
2022 $335 $34,002 $4,086 $29,916
2021 $336 $29,805 $4,086 $25,719
2020 $342 $32,568 $4,086 $28,482
2019 $1,515 $32,568 $4,086 $28,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 496777

Brooklyn Board of REALTORS®

APN: 05686-1405

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