NOT LISTED FOR SALE

Estimated Value: $990,000 - $1,047,000

8 Beds
3 Baths
2,448 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $980,000 $400 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,177/month

329 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Cleveland Street (J,Z Lines)
  • Cooling System Mounted In Outer Wall Opening
  • P.S. 108 - Sal Abbracciamento Rated 9+
  • Post and Beam
  • Park

About This Home

As of March 2024

Welcoming you to an exclusive two-family home in Cypress Hills! The beauty of Cypress Hills is that you're able to turn your basement into a rentable spot if you are by The building department code. Voila! We have three exits from the basement and it already has three bedrooms installed as well as a kitchen and the full bathroom enjoy this entire property consisting of minimum eight bedrooms (or use it as you wish) and get ready to have a real Brooklyn limestone building!

Last Listed By

Nina Sabag

5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10311207532 Listed on: 03/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • Post and Beam

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 108 Sal Abbracciamento Elementary School
  • Ps 89 Cypress Hills Middle School
  • Transit Tech Career And Tech Edu High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 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 9 / 3925
  • Assessor Parcel Number 03925-0009

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

$5,629

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 855-305-3325
  • BuildingSize: 3600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Post and Beam
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • 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 89 Cypress Hills

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: 03925-0009
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-29

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5629
  • Tax Block: 3925
  • Tax Lot: 9
  • Tax Map Number: 03925-0009

MLS Schools

  • Elementary School: Ps 108 Sal Abbracciamento,Ps 290 Juan Morel Campos,Ps 89 Cypress Hills
  • High School: Transit Tech Career And Tech Edu
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 11, 2024
Sold by
Gil Hector A
Bought by
Islam Md Nurul
Seller's Agent
Nina Sabag
5 Boro Realty Corp
Buyer's Agent
Nina Sabag
5 Boro Realty Corp
List Price
$1,090,000
Sold Price
$980,000
Premium/Discount to List
-$110,000
-10.09%
Total Days on Market
329
Views
156
Current Estimated Value
$1,012,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,979
Avg. Annual Appreciation
3.03%
Original Mortgage
$767,500
Outstanding Balance
$760,966
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,013

Purchase Details

Closed on
Mar 3, 1999
Sold by
Genao Juan Ramon
Bought by
Gil Hector A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

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
Islam Md Nurul $980,000 --
Islam Md Nurul $980,000 --
Gil Hector A $235,000 --
Gil Hector A $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Md Nurul $767,500
Closed Islam Md Nurul $767,500
Previous Owner Gil Hector A $44,000
Previous Owner Gil Hector A $144,419
Previous Owner Gil Hector A $59,000
Previous Owner Gil Hector A $102,867
Previous Owner Gil Hector A $35,000
Previous Owner Gil Hector A $223,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 For Sale $1,090,000 +11.2% $445 / Sq Ft
03/28/2024 03/28/24 Off Market $980,000 -- --
03/19/2024 03/19/24 Sold $980,000 -10.1% $400 / Sq Ft
11/01/2023 11/01/23 Price Changed $1,090,000 -4.8% $445 / Sq Ft
05/15/2023 05/15/23 Price Changed $1,145,000 -4.6% $468 / Sq Ft
03/28/2023 03/28/23 For Sale $1,200,000 -- $490 / 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
2024 $6,412 $45,540 $16,440 $29,100
2023 $6,100 $47,040 $16,440 $30,600
2022 $5,634 $46,680 $16,440 $30,240
2021 $5,729 $47,520 $16,440 $31,080
2020 $4,296 $45,420 $16,440 $28,980
2019 $5,516 $45,420 $16,440 $28,980
2018 $5,043 $26,197 $11,596 $14,601
2017 $4,738 $24,715 $12,471 $12,244
2016 $4,459 $23,856 $11,023 $12,833
2015 $2,592 $23,836 $13,620 $10,216
2014 $2,592 $23,140 $15,879 $7,261
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Brooklyn, NY

  • 236 E 91st St, Brooklyn, NY 11212

    $899,000

    • 7 Beds
    • 3 Baths
    • 3,360 Sq Ft
    • 236 E 91st St
    • Brooklyn, NY

    Contract Signed. Welcome to 236 East 91st Street, a spacious and versatile, multi-unit property located in the heart of Brownsville, East New York. Nestled between Lincoln Terrace Park and Betsy Head Playground, this East-facing, two-story home boasts a generous 7 bedrooms and 3 bathrooms, offering ample space for a large household or the potential for rental income.The semi-detached,

    Lisa James Corcoran Group

    Section Image
  • 124 Shepherd Ave, Brooklyn, NY 11208

    $1,059,000

    • 6 Beds
    • 3 Baths
    • 2,048 Sq Ft
    • 124 Shepherd Ave
    • Brooklyn, NY

    Welcome to this fantastic two-family home in the heart of Cypress Hills, Brooklyn! This well-maintained property offers a great investment opportunity or the perfect place for an owner-occupant looking for rental income. Second floor unit has a spacious 3-bedroom, 1-bathroom apartment with plenty of natural light. First floor unit, comfortable 2-bedroom, 1-bathroom layout, ideal for a variety of

    John Chetram Century 21 Monticello Realty

    Section Image
  • 203 Essex St, Brooklyn, NY 11208

    $1,250,000

    • 6 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 203 Essex St
    • Brooklyn, NY

    Welcome to this incredible opportunity to own a 2-family home on a 50x100 lot in a sought-after Cypress Hills neighborhood of Brooklyn! Situated in an R5B zoning district, this property offers great potential for investors or homeowners looking to expand. The first-floor unit features 4 spacious bedrooms and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom. Both units

    Alisa Mejia Success King Realty

    Section Image
  • 68 Norwood Ave, Brooklyn, NY 11208

    $850,000

    • 6 Beds
    • 3 Baths
    • 2,185 Sq Ft
    • 68 Norwood Ave
    • Brooklyn, NY

    Amazing Two Family in a prime location near Atlantic Avenue, Jamaica Avenue, Jackie Robinson Parkway, and just a few blocks from Highland Park. The property is 1.5 blocks from the J and Z train, offering a 40-minute commute to Lower Manhattan. This well-maintained, fully brick two-family home features a three-bedroom, one-bath unit on both the first and second floors. The first floor includes an

    Andre Narine Keller Williams Legendary

    Section Image
  • 48 van Siclen Ave, Brooklyn, NY 11207

    $1,100,000

    • 6 Beds
    • 2 Baths
    • 48 van Siclen Ave
    • Brooklyn, NY

    Welcome to 48 Van Siclen Avenue, Brooklyn! This updated legal multi-family brick property stands out as one of a kind in the area. Featuring spacious apartments, each with three bedrooms and one bathroom, it’s perfect for both investors seeking strong rental income and first-time homebuyers looking to offset their mortgage. Enjoy the convenience of a full-finished high-ceiling basement, providing

    Carmen Lopez SkyLimit Realty Group

    Section Image
  • 271 Barbey St Unit 3965/05, Brooklyn, NY 11207

    $850,000

    • 6 Beds
    • 3 Baths
    • 1,896 Sq Ft
    • 271 Barbey St
    • Unit 3965/05
    • Brooklyn, NY

    Well Keep, two family house for sale, close to everything, priced to sale, it wont last.

    miguel FELICIANO FELICIANO PROPERTIES INC

    Section Image
  • 758 Glenmore Ave, Brooklyn, NY 11208

    $899,000

    • 6 Beds
    • 2 Baths
    • 1,884 Sq Ft
    • 758 Glenmore Ave
    • Brooklyn, NY

    This two-family home in Cypress Hills presents an exceptional investment opportunity. Featuring 6 spacious bedrooms, 2 full baths, and a large basement, this property offers ample living space for both owners and tenants. Ideally located with convenient access to public transportation, including the J and Z subway lines at the Cypress Hills station, as well as multiple bus routes such as the B13

    Melissa Gomez ERA TOP SERVICE REALTY INC

    Section Image
  • 357 Elton St, Brooklyn, NY 11208

    $900,000

    • 6 Beds
    • 3 Baths
    • 1,748 Sq Ft
    • 357 Elton St
    • Brooklyn, NY

    Welcome to this charming two-family home, making its debut on the market for the first time in over 50 years. This property holds plenty of potential for both first-time home buyers and investors alike. It features a spacious backyard that is perfect for outdoor gatherings, gardening, or simply relaxing. This home offers comfort and practicality, conveniently located just minutes away from public

    Melvin Mercado Douglas Elliman Real Estate

    Section Image

Source: OneKey® MLS

MLS Number: KEY3467495

OneKey® MLS

APN: 03925-0009