NOT LISTED FOR SALE

Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $750,000 - $854,000

-- Bed
-- Bath
1,848 Sq Ft
$446/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $660,000 $357 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,545/month

2 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Van Siclen Avenue (A,C Line)
  • 3-minute walk to Grace Playground
  • Heating System Uses Oil

About This Home

As of April 2020

Opportunity awaits! This is a legal 2-family home with a bonus apartment in the basement that has it's own entrance. Basement space and 1st floor unit need cosmetic updates. This is a wonderful value-add opportunity, with comparable rents in the area bringing in $2300/month per apartment. Enjoy your own spacious home with a wonderful yard, while using the rental income to cover your bills. Catch the A,C, 2, 3, 4, J, Z & L subway lines which are all within walking distance. Just a block away from the B14 bus line, and a short walk to the LIRR. The basement unit has 2 rooms & 1 bathroom. The 1st floor has 3 rooms and 1 bathroom, and the 2nd floor has 4 rooms & 1 bathroom. More photos available upon request.

Last Agent to Sell the Property

Erica Cohen

EXP Realty NYC License #10401262650 Listed on: 01/23/2020

EXP Realty NYC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil

Community Details

  • East New York Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / 3759

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Sutter Avenue/Belmont Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East New York
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1848.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)
  • Heating: Building Oil, Oil
  • Heating: Yes

Fee Information

  • Annual Water Sewer Expense: 692.0

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 3759
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Apr 14, 2020
Sold by
Russo Alfredo and Russo Ines
Bought by
Otegbade Olawale O C
Seller's Agent
Erica Cohen
EXP Realty NYC
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$824,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,193
Avg. Annual Appreciation
4.09%
Original Mortgage
$707,473
Outstanding Balance
$624,342
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$199,851

Purchase Details

Closed on
May 13, 2013
Sold by
Eden Goal Inc
Bought by
Russo Alfred and Russo Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Pounall Aston
Bought by
Eden Goal Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Mcpherson Lawrence G
Bought by
Pounall Aston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Otegbade Olawale O C $660,000 --
Russo Alfred $470,000 --
Eden Goal Inc $213,000 --
Pounall Aston $477,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otegbade Olawale O C $707,473
Previous Owner Russo Alfred $461,487
Previous Owner Eden Goal Inc $190,000
Previous Owner Pounall Aston $381,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold $660,000 0.0% $357 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $660,000 -- $357 / 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 $2,770 $55,920 $20,040 $35,880
2024 $2,770 $56,160 $20,040 $36,120
2023 $2,648 $52,320 $20,040 $32,280
2022 $2,460 $41,580 $20,040 $21,540
2021 $2,450 $38,400 $20,040 $18,360
2020 $1,218 $39,360 $20,040 $19,320
2019 $2,404 $39,360 $20,040 $19,320
2018 $2,215 $10,866 $7,890 $2,976
2017 $2,093 $10,268 $7,028 $3,240
2016 $1,940 $9,703 $5,946 $3,757
2015 $1,168 $9,703 $5,650 $4,053
2014 $1,168 $9,578 $5,747 $3,831
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Erica Cohen

    EXP Realty NYC

    (212) 838-3700

    Erica Cohen
    Section Image
See All Agents

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622099

Real Estate Board of New York (REBNY)

APN: 03759-0026

New York Kings County Brooklyn 11207

East New York

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes