NOT LISTED FOR SALE

Estimated Value: $844,000 - $922,000

5 Beds
2.5 Baths
2,000 Sq Ft
$443/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $860,000 $430 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,183/month

67 Days on Market

Highlights

  • 1 Car Attached Garage
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of July 2023

9 East 40th is a 2 family brick semi attached 22x50 lovely home. Featuring 3 large bedrooms over 2 bedrooms, 3 baths, large porch, foyer, private driveway, attached garage, private yard, and lots of closet space. Conveniently located right across the street from Kings County Hospital and mins from SUNY Downstate Medical Center. Central to public transportation such as the B12, B44 buses and the 5 train. This home can use some love, however is full of potential for the right buyer to create a home. Great as an investment opportunity property, or live and rent.

Last Agent to Sell the Property

Elana Magreli

Real Broker NY LLC License #10301220393 Listed on: 01/26/2023

Real Broker NY LLC

Co-Listed By

Alex Switalski

Real Broker NY LLC License #10401356242

Last Buyer's Agent

Pamela Phillip-Rivera

Coldwell Banker American Homes License #10401310602

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1945

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 27x100
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • East Flatbush Comm Research Middle School
  • East Brooklyn Community High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 45 / 4845
  • Assessor Parcel Number 04845-0045

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,042

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1945
  • New Construction: No
  • Co List Office Mls Id: ONEEXP02
  • Co List Office Phone: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: East Flatbush Comm Research School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 27x100
  • Lot Size Sq Ft: 2700
  • Lot Size Units: Acres
  • Parcel Number: 04845-0045
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6042
  • Tax Block: 4845
  • Tax Lot: 45
  • Tax Map Number: 04845-0045

MLS Schools

  • High School: East Brooklyn Community High School
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jul 19, 2023
Sold by
Hinkson John E
Bought by
Messeroux Noumeda
Seller's Agent
Elana Magreli
Real Broker NY LLC
Buyer's Agent
Pamela Phillip-Rivera
Coldwell Banker American Homes
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Views
250
Current Estimated Value
$885,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,693
Avg. Annual Appreciation
1.21%
Original Mortgage
$602,000
Outstanding Balance
$587,425
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,268
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
Messeroux Noumeda $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messeroux Noumeda $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $860,000 +7.6% $430 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $799,000 -- $400 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $6,517 $43,500 $14,880 $28,620
2024 $6,517 $37,380 $14,880 $22,500
2023 $6,404 $41,280 $14,880 $26,400
2022 $5,934 $38,340 $14,880 $23,460
2021 $5,907 $32,760 $14,880 $17,880
2020 $4,430 $39,720 $14,880 $24,840
2019 $5,656 $37,980 $14,880 $23,100
2018 $5,356 $26,276 $9,979 $16,297
2017 $5,053 $24,790 $10,824 $13,966
2016 $4,676 $23,389 $11,935 $11,454
2015 $2,821 $23,389 $12,486 $10,903
2014 $2,821 $22,532 $14,429 $8,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3454925

OneKey® MLS

APN: 04845-0045