Seller's Agent in 2025
Marcia Clarke
MC Realty Consulting & Mgt.Inc
(917) 841-2121
2 in this area
20 Total Sales
88 Lott St Brooklyn, NY 11226
Flatbush Neighborhood
5
Beds
2
Baths
1,796
Sq Ft
1,574
Sq Ft Lot
Highlights
- Colonial Architecture
- Window Unit Cooling System
- Back and Front Yard
- Wood Flooring
- Heating System Uses Steam
About This Home
As of August 2025This attached 1810sqft 2 family brick with basement is located in the heart of Flatbush and has period detailing, hardwood floors and tin ceilings. First floor-delivered vacant: 2 bedrooms, living room, full bathroom & eat-in-kitchen. Top floor [no lease]: 3 bedrooms, living room, full bathroom & eat-in-kitchen. Finished basement is accessed from the 1st floor hallway, exterior front, and has a rear exit to the backyard. Located in R6 zoning the 2025 taxes are only $4,878. This home is convenient to 2,5, B & Q subways; B35,B41,B44,B46 & B49 buses, shopping, and Kings Theatre on Flatbush Avenue. Shown by Open House - contact listing broker for schedule. Buyer Agent Must Be With Buyer at Showings. Owner will consider offers with attached mortgage preapproval/proof of funds. Offers are not considered accepted until the owner's attorney approves purchasers executed contract. Special note: qualifying individuals can apply for grants to assist with closing costs and/or down payment through the New York State Association of Realtors (NYSAR) Housing Opportunities Foundation Inc. NYSAR also promotes DownpaymentResource a free tool that connects buyers to homeownership programs that can help with the downpayment, closing costs, and tax credits - 20 programs have been identified for this address.
Last Buyer's Agent
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,879
Year Built
- Built in 1920
Lot Details
- 1,574 Sq Ft Lot
- Lot Dimensions are 19 x 80
- Irregular Lot
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 1,796 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Carpet
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Block 5127
Community Details
Overview
- 2 Units
Building Details
- 1 Vacant Unit
- Fuel Expense $1,800
- Insurance Expense $2,400
- Utility Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Aug 22, 2025
Sold by
Collins Joycelyn
Bought by
Boursse Ryan
Seller's Agent
Marcia Clarke
MC Realty Consulting & Mgt.Inc
Buyer's Agent
NON MEMBER
List Price
$839,900
Sold Price
$770,000
Premium/Discount to List
-$69,900
-8.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8957.23%
Original Mortgage
$999,327
Outstanding Balance
$999,327
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$34,742
Purchase Details
Closed on
Jan 18, 2005
Sold by
Ash Faye
Bought by
Collins Joycelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,136
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 1996
Sold by
Stafford Noreen
Bought by
Ash Faye and Critchlow Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,650
Interest Rate
7.98%
Purchase Details
Closed on
Sep 13, 1995
Sold by
Stafford Noreen
Bought by
Stafford Noreen
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $770,000 | -- | |
| Deed | $431,420 | -- | |
| Deed | $431,420 | -- | |
| Deed | $148,500 | Title Usa Insurance Corp | |
| Deed | $148,500 | Title Usa Insurance Corp | |
| Interfamily Deed Transfer | -- | Title Usa Insurance Corp | |
| Interfamily Deed Transfer | -- | Title Usa Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $999,327 | Purchase Money Mortgage | |
| Previous Owner | $453,000 | No Value Available | |
| Previous Owner | $86,284 | No Value Available | |
| Previous Owner | $345,136 | Purchase Money Mortgage | |
| Previous Owner | $133,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $770,000 | -8.3% | $429 / Sq Ft |
| 11/14/2024 11/14/24 | For Sale | $839,900 | -- | $468 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
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 | $4,879 | $62,400 | $15,600 | $46,800 |
| 2024 | $4,879 | $60,300 | $15,600 | $44,700 |
| 2023 | $4,657 | $73,980 | $15,600 | $58,380 |
| 2022 | $4,578 | $63,720 | $15,600 | $48,120 |
| 2021 | $4,781 | $54,600 | $15,600 | $39,000 |
| 2020 | $2,243 | $45,660 | $15,600 | $30,060 |
| 2019 | $4,234 | $36,300 | $15,600 | $20,700 |
| 2018 | $3,895 | $19,108 | $8,435 | $10,673 |
| 2017 | $3,895 | $19,108 | $8,777 | $10,331 |
| 2016 | $3,785 | $18,933 | $10,298 | $8,635 |
| 2015 | $2,174 | $17,864 | $11,180 | $6,684 |
| 2014 | $2,174 | $16,869 | $9,143 | $7,726 |
Source: Public Records
Agents Affiliated with this Home
-
Marcia Clarke
-
N
Buyer's Agent in 2025
NON MEMBER
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 487435
APN: 05127-0023
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