NOT LISTED FOR SALE

Estimated Value: $1,054,029

-- Bed
-- Bath
2,900 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $945,000 $326 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,034/month

41 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Cypress Hills
  • Garage
  • Community Garden
  • Patio

About This Home

As of October 2021

TURNKEY TWO-FAMILY TOWNHOUSE
4 CYPRESS COURT, BROOKLYN

Welcome home to 4 Cypress Court, a fully renovated two-family home. Centrally located in East New York, Brooklyn, one block from the J subway line, this home has a history of generating impressive investment income, with two three-bedroom, two full bathroom apartments of approximately 1,200 square feet each. Each unit is beautifully appointed with gleaming stainless-steel kitchens, sleek tile baths, and handsome hardwood plank flooring. The finished, 1,200 square foot basement leads out to a generous backyard and patio, shared driveway, and an approximately 500 square foot garage, currently used for storage.

KEY FACTS
Structure Type: Row House
Year Built: 1928
Lot Sq Ft: 2,156
Lot Dimensions: 23.33 ft x 92.42 ft
Buildings On Lot: 2
Stories: 2
Building Dimensions: 20 ft x 60 ft
Basement Type: Full, Windowed
Roof Height: 24 ft
Residential Units: 2
Proximity: Semi-Attached
Annual RET: $5,587.04

All listing collateral including but not limited to photographs, floor plans, electronic media, print media, and advertising copy are the sole property of the listing team and firm. The use of any media attached to this listing, in whole or in part, for any purpose including but not limited to reproduction, storage, manipulation, dissemination, digital or otherwise, is protected by copyright. Copyright 2021. All rights reserved.

Last Agent to Sell the Property

Craig Paulson

Cooper & Cooper Real Estate LLC License #10401329653 Listed on: 06/18/2021

Co-Listed By

Christopher Clowdus

Cooper & Cooper Real Estate LLC License #40cl1167123

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 2,178

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property

Additional Features

  • Patio
  • Lot Dimensions are 23.0 x 92.0

Listing and Financial Details

  • Legal Lot and Block 6 / 4106

Community Details

Overview

  • Cypress Hills Subdivision

Amenities

  • Community Garden
  • Building Patio

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Cross Street: Crescent Street/Cypress Court
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Cypress Hills
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2900.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 23.0 x 92.0

Building Info

  • Total Stories: 2
  • Year Built: 1928

Tax Info

  • Tax Block: 4106
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Oct 13, 2021
Sold by
Johnson Justin and Tillery Emily
Bought by
Huang Susan
Seller's Agent
Craig Paulson
Cooper & Cooper Real Estate LLC
List Price
$945,000
Sold Price
$945,000
Current Estimated Value
$1,054,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,029
Avg. Annual Appreciation
2.63%
Original Mortgage
$499,500
Outstanding Balance
$454,064
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,965

Purchase Details

Closed on
Nov 6, 2015
Sold by
I K A 68 Corp
Bought by
Johnson Justin and Tillery Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,136
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2015
Sold by
Jill E Erny As Executor and The Estate Of William E Erny
Bought by
I K A 68 Corp
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
Huang Susan $945,000 --
Huang Susan $945,000 --
Huang Susan $945,000 --
Johnson Justin $655,000 --
Johnson Justin $655,000 --
Johnson Justin $655,000 --
I K A 68 Corp $350,000 --
I K A 68 Corp $350,000 --
I K A 68 Corp $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Susan $499,500
Closed Huang Susan $499,500
Previous Owner Johnson Justin $643,136
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $945,000 0.0% $326 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $945,000 -- $326 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,340 $41,640 $16,440 $25,200
2024 $6,340 $45,420 $16,440 $28,980
2023 $6,054 $51,660 $16,440 $35,220
2022 $5,614 $44,220 $16,440 $27,780
2021 $5,587 $40,440 $16,440 $24,000
2020 $4,190 $40,440 $16,440 $24,000
2019 $5,503 $40,440 $16,440 $24,000
2018 $5,064 $24,841 $12,111 $12,730
2017 $4,778 $23,437 $12,255 $11,182
2016 $4,423 $22,123 $11,502 $10,621
2015 $2,667 $22,119 $13,807 $8,312
2014 $2,667 $21,920 $16,413 $5,507
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10726905

Real Estate Board of New York (REBNY)

APN: 04106-0006