NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,283,000

6 Beds
5 Baths
2,136 Sq Ft
$532/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $1,165,000 $545 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,613/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Park
  • Forced Air Heating and Cooling System
  • Property is near public transit

About This Home

As of January 2024

982 East 37th Street, the rare gem you have been searching for! Luxuriously renovated two family townhouse offers high end finishes, classic details as well as modern technology. 20' ? 52' built sitting on a 20' ? 100' lot on a beautiful picturesque street of the Flatlands/ Midwood border. This meticulously renovated townhouse is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments and will captivate you from the moment you arrive its with warm & welcoming energy. Configured as a 3 bedroom 2 bath rental unit which has the ability to generate $3,500/month to assist with mortgage payments. The garden unit is also a 3 bedroom 2 bath unit and has the ability to easily be used as a garden-basement duplex with the high ceiling full finished basement to create additional living/recreational space. Both units enjoy expansive sun drenched, modern open concept living/dining areas which provide great space for entertaining. Stunning chefs granite kitchens equipped with floor to ceiling custom cabinetry, adorned with a full fleet of state of the art stainless steel appliances & island for bar stool seating. Spacious bedrooms with ample closet space. Primary suite equipped with private en suite and a additional fully tiled bathroom which is adorned with state of the art wall & floor tiles. 982 East 37 Street has been fully gutted and remodeled by an expert team of contractors and designers featuring select wide oak wood flooring, recessed lighting, central HVAC systems, brand new electrical, heating & plumbing systems throughout. Spacious rear yard to enjoy family & friends outdoor gatherings. This masterfully re-imagined townhouse is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Flatbush Avenue, Farragut Road, Kings Highway, Ocean Avenue, Brooklyn Avenue, Albany Avenue, Wide array of restaurants, cafes, parks, Brooklyn College, and many other vibrant neighborhood amenities.

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 11/02/2023

Co-Listed By

David Hirsch

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10301218358

Last Buyer's Agent

Gabriel Kashi

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 11/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,985

Year Built

  • Built in 1915 | Remodeled in 2023

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Ps 109 Middle School
  • Brooklyn College Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 69 / 7564
  • Assessor Parcel Number 07564-0069

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,985

Year Built

Built in 1915 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1915
  • New Construction: No
  • Year Built Effective: 2023
  • Attribution Contact: 631-261-2800
  • Co List Office Mls Id: ONEKEEG02
  • Co List Office Phone: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 109

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07564-0069
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-03

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6985
  • Tax Block: 7564
  • Tax Lot: 69
  • Tax Map Number: 07564-0069

MLS Schools

  • High School: Brooklyn College Academy
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 11, 2024
Sold by
Elite Properties Nyc Homes Llc
Bought by
Mills Gail and Pitt Astrid T
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Gabriel Kashi
Keystone Realty USA Corp
List Price
$1,175,000
Sold Price
$1,165,000
Premium/Discount to List
-$10,000
-0.85%
Views
53
Current Estimated Value
$1,136,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,335
Avg. Annual Appreciation
-5.12%
Original Mortgage
$1,143,898
Outstanding Balance
$1,126,258
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$60,915

Purchase Details

Closed on
Dec 2, 2022
Sold by
Fils-Aime Claude and Fils-Aime Josette
Bought by
Elite Properties Nyc Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mills Gail $1,165,000 --
Mills Gail $1,165,000 --
Elite Properties Nyc Homes Llc $650,000 --
Elite Properties Nyc Homes Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Gail $1,143,898
Closed Mills Gail $1,143,898
Previous Owner Elite Properties Nyc Homes Llc $650,000
Previous Owner Fils-Aime Claude $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $1,165,000 -0.9% $545 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $1,175,000 -- $550 / 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 $7,322 $57,060 $15,420 $41,640
2024 $7,322 $52,500 $15,420 $37,080
2023 $6,985 $64,440 $15,420 $49,020
2022 $6,795 $52,740 $15,420 $37,320
2021 $7,148 $41,400 $15,420 $25,980
2020 $5,361 $47,400 $15,420 $31,980
2019 $6,355 $47,400 $15,420 $31,980
2018 $5,843 $28,663 $11,674 $16,989
2017 $5,782 $28,365 $13,064 $15,301
2016 $5,658 $28,305 $13,421 $14,884
2015 $3,227 $26,836 $15,514 $11,322
2014 $3,227 $25,318 $14,288 $11,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3514322

OneKey® MLS

APN: 07564-0069