T
Seller's Agent in 2023
Tracy Tong
Momentum Real Estate LLC
(347) 267-7911
1 in this area
6 Total Sales
877 58th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,624,000 - $1,904,000
6
Beds
3.5
Baths
2,592
Sq Ft
$676/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Ceramic Tile Flooring
- Back and Front Yard
- P.S. 105 The Blythebourne Rated A-
- Hot Water Heating System
About This Home
As of September 2023Location! Location! Location!
PRIME LOCATION! 2 family attached house with finished basement. Lot size 20’x100, Building 20’x50’, Zoning R6. The most sought-after location in Sunset Park-8th Ave. on 58th Street between 8th and 9th Ave. Basement have separate entrance. You are surrounded by everything you need within few minutes distance: array of restaurants, shops, doctor offices, supermarkets, schools, salons, banks, pharmacies, businesses, subway, bus, and etc. This magnificent property supports every imaginable lifestyle convenience being mere minutes away. Few minutes to 8th Ave. N Train Station.
1st floor: 3 bedrooms, 2 living room, 1.5 bathroom, eat in kitchen, walk out deck to backyard.
2nd floor: 3 bedrooms, 2 living room, 1 bathroom, eat in kitchen, back balcony.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,224
Year Built
- Built in 1910
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Fenced Yard
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Wood Frame Construction
- Aluminum Siding
Interior Spaces
- 2,592 Sq Ft Home
- 2-Story Property
- Finished Basement
Flooring
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5693
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
Sep 26, 2023
Sold by
Xu Fei and Yee-Xu Cindy
Bought by
58 St Management Llc
Seller's Agent
Tracy Tong
Momentum Real Estate LLC
Buyer's Agent
Tracy Tong
Momentum Real Estate LLC
List Price
$1,699,999
Sold Price
$1,615,000
Premium/Discount to List
-$84,999
-5%
Views
4
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
$136,597
Avg. Annual Appreciation
4.02%
Original Mortgage
$600,000
Outstanding Balance
$588,135
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,163,462
Purchase Details
Closed on
Feb 23, 2012
Sold by
Xu Cindy Yee and Xu Fei
Bought by
Xu Cindy Yee and Xu Fei
Purchase Details
Closed on
Apr 9, 1997
Sold by
Mohammad Rawhi
Bought by
Xu Fei and Yee Cindy Chung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 58 St Management Llc | $1,615,000 | -- | |
| Xu Cindy Yee | -- | -- | |
| Xu Fei | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 58 St Management Llc | $600,000 | |
| Previous Owner | Xu Fei | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $1,615,000 | -5.0% | $623 / Sq Ft |
| 03/13/2023 03/13/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $1,699,999 | -- | $656 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,254 | $110,100 | $25,020 | $85,080 |
| 2024 | $7,254 | $91,860 | $25,020 | $66,840 |
| 2023 | $6,701 | $100,140 | $25,020 | $75,120 |
| 2022 | $6,224 | $109,740 | $25,020 | $84,720 |
| 2021 | $6,814 | $101,700 | $25,020 | $76,680 |
| 2020 | $3,188 | $95,160 | $25,020 | $70,140 |
| 2019 | $6,003 | $95,160 | $25,020 | $70,140 |
| 2018 | $5,545 | $28,663 | $5,885 | $22,778 |
| 2017 | $5,543 | $28,663 | $8,840 | $19,823 |
| 2016 | $5,318 | $28,154 | $8,901 | $19,253 |
| 2015 | $3,042 | $26,572 | $12,592 | $13,980 |
| 2014 | $3,042 | $25,081 | $14,266 | $10,815 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Tong
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 472504
APN: 05693-0046
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