NOT LISTED FOR SALE

Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,174,000 - $1,660,528

5 Beds
2.5 Baths
2,358 Sq Ft
$567/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $999,998 $424 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,518/month

39 Days on Market

About This Home

As of September 2021

This diamond-in-the-rough, two family brick and frame Sunset Park townhouse is looking for the right buyer. Great opportunity for an investor or end user who wants to own an income producing property to help pay for a mortgage. Live in the house, duplex the bottom floors and earn rental income for the top unit. The ground and parlor level duplex unit comprises 3 bedrooms, 1.5 baths, living room, dining area, kitchen and entrance to the basement and private backyard, which is perfect for entertaining and barbecuing. On the top floor you will find a 2 bedroom/1 bath unit, with a total of 5 rooms. The top two floors have great natural light and over 9 foot high ceilings. As an additional bonus, there is an unfinished basement that runs the length of the property with laundry, tons of storage and mechanicals. Nestled right in between Sunset Park and Greenwood Cemetery, you are near supermarkets, groceries, all services and less than 10 minutes to the D train at the 9th Ave station.....

Last Agent to Sell the Property

Christian Florez

Coldwell Banker Reliable R E Brokerage Phone: 718-921-3100 License #10401220629 Listed on: 04/27/2021

Coldwell Banker Reliable R E

Last Buyer's Agent

Christian Florez

Coldwell Banker Reliable R E Brokerage Phone: 718-921-3100 License #10401220629 Listed on: 04/27/2021

Coldwell Banker Reliable R E

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1910

Lot Details

  • 1,669 Sq Ft Lot
  • Lot Dimensions are 16.7 x 100
  • 1 Common Wall

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 17 / 914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1910
  • Attribution Contact: 718-921-3100
  • Structure Type: Townhouse
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Frame
  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 16.7 x 100
  • Lot Size Sq Ft: 1669
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: M1-2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 5064
  • Tax Block: 914
  • Tax Lot: 17

MLS Schools

  • Middle School District: Brooklyn 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Sep 7, 2021
Sold by
Garcia Family Revocable Living Trust
Bought by
Zheng Ming Xiu and Zheng Shan Mi
Seller's Agent
Christian Florez
Coldwell Banker Reliable R E
Buyer's Agent
Christian Florez
Coldwell Banker Reliable R E
List Price
$999,998
Sold Price
$999,998
Current Estimated Value
$1,336,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,384
Avg. Annual Appreciation
7.33%
Original Mortgage
$650,000
Outstanding Balance
$591,452
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$744,930

Purchase Details

Closed on
Oct 3, 2018
Sold by
Garcia Miguel A and Garcia Rosa E
Bought by
Miguel A Garcia As Trustee and Rosa E Garcia As Trustee
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
Zheng Ming Xiu $995,000 --
Miguel A Garcia As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Ming Xiu $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $999,998 0.0% $424 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $999,998 -- $424 / 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 $5,440 $92,580 $22,440 $70,140
2024 $5,440 $88,500 $22,440 $66,060
2023 $5,450 $108,600 $22,440 $86,160
2022 $5,052 $88,620 $22,440 $66,180
2021 $4,732 $78,600 $22,440 $56,160
2020 $3,549 $81,180 $22,440 $58,740
2019 $4,429 $66,300 $22,440 $43,860
2018 $4,261 $22,363 $5,832 $16,531
2017 $4,003 $21,105 $8,353 $12,752
2016 $3,671 $19,911 $8,033 $11,878
2015 $2,182 $19,905 $12,024 $7,881
2014 $2,182 $18,810 $11,313 $7,497
Source: Public Records

Agents Affiliated with this Home

  • Christian Florez

    Seller's Agent in 2021

    Christian Florez

    Coldwell Banker Reliable R E

    (347) 423-3413

    1 in this area

    34 Total Sales

    Christian Florez
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Source: OneKey® MLS

MLS Number: L3307322

OneKey® MLS

APN: 00914-0017

New York Kings County Brooklyn 11232

Sunset Park

This home since 27 April 2021 and is currently estimated at $1,336,382, approximately $566 per square foot. This property was built in 1910. This home is a home located in Kings County with nearby schools including P.S. 24, Bnos Margulia Viznitz, and Yeshiva Chatzar Hakodesh Sanz.

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