NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,179,000

3 Beds
2 Baths
1,827 Sq Ft
$626/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $1,150,000 $629 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,097/month

41 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Neck Road
  • 3 Car Attached Garage
  • Ps 206 Joseph F Lamb Rated A-
  • Wood Flooring
  • Cooling Available

About This Home

As of April 2024

Welcome to this elegant 2-family brick house in the heart of Sheepshead Bay, where luxurious design meets comfortable living. On the first floor, step into the inviting living room with warm hues and natural light. The kitchen features modern appliances, granite countertops, and abundant cabinet space, making meal preparation a delight to enjoy in the dining area. There is 1 large bedroom and a full bathroom. The second floor offers 2 well-proportioned bedrooms and a full bathroom. The expansive living room features sleek furnishings and carefully selected lighting fixtures designed to create a luxurious and visually stunning space. The open kitchen boasts contemporary design elements, stainless steel appliances, and custom storage solutions. The dining room offers a stylish setting, enriching your dining experience. Both floors come equipped with their own laundry areas, enhancing convenience for residents. This property offers an abundance of outdoor space, with a backyard and front and back porches, providing the perfect area for relaxation and entertainment. The backyard, with its brick floors, is ideal for hosting BBQ parties and enjoying outdoor activities with family and friends. The property also has a private driveway and an attached garage, offering parking space for 2-3 cars. Building size 22*47 over Lot size 22*100. Annual property tax is $8,166. Conveniently located just minutes away from the bustling Avenue U business district, residents have easy access to a myriad of shops, restaurants, banks, markets, and more. Enjoy easy access to public transport nearby (Q Train and B49 bus.)

Last Listed By

Kelly Wu

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10401268467 Listed on: 11/07/2023

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,166

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100
  • Two or More Common Walls

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,827 Sq Ft Home
  • Wood Flooring
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Ps 254 Dag Hammarskjold Elementary School
  • JHS 14 Shell Bank Middle School
  • Professional Pathways High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 32 / 7401
  • Assessor Parcel Number 07401-0032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,166

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-288-3835
  • BuildingSize: 1,827
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 3
  • Living Area: 1827
  • SquareFootage: 1827.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Attached, 3 Car Attached

Utilities

  • Cooling: Yes
  • Heating: Oil, Hot Water, Steam
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 14 Shell Bank

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07401-0032
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-08

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8166
  • Tax Block: 7401
  • Tax Lot: 32
  • Tax Map Number: 07401-0032

MLS Schools

  • Elementary School: Ps 254 Dag Hammarskjold
  • High School: Professional Pathways High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Apr 9, 2024
Sold by
Kentouris Maryann and Kentouris Thomas S
Bought by
Wu Yan Ting
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Non Member
NonMember
List Price
$1,150,000
Sold Price
$1,150,000
Total Days on Market
41
Views
630
Current Estimated Value
$1,143,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,044
Avg. Annual Appreciation
-0.51%
Original Mortgage
$747,500
Outstanding Balance
$739,819
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,137

Purchase Details

Closed on
Dec 17, 2021
Sold by
Maryann Kentouris As Trustee and Olga S Philipides As Trustee
Bought by
Kentouris Maryann and Kentouris Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Nikolakakos Pauline
Bought by
Nikolakakos Pauline and Diamandakis Stella

Range of Values:

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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
Wu Yan Ting $1,150,000 --
Wu Yan Ting $1,150,000 --
Kentouris Maryann $500,000 --
Kentouris Maryann $500,000 --
Nikolakakos Pauline -- --
Nikolakakos Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Yan Ting $747,500
Closed Wu Yan Ting $747,500
Previous Owner Kentouris Maryann $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $1,150,000 0.0% $629 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $1,150,000 -- $629 / 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 $8,560 $47,460 $11,040 $36,420
2023 $8,166 $52,200 $11,040 $41,160
2022 $8,010 $48,900 $11,040 $37,860
2021 $7,966 $43,800 $11,040 $32,760
2020 $5,975 $47,640 $11,040 $36,600
2019 $7,137 $47,640 $11,040 $36,600
2018 $6,533 $33,508 $7,640 $25,868
2017 $6,516 $33,437 $8,439 $24,998
2016 $5,996 $31,545 $8,663 $22,882
2015 $3,593 $29,760 $12,300 $17,460
2014 $3,593 $29,596 $12,232 $17,364
Source: Public Records

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Source: OneKey® MLS

MLS Number: KEY3515137

OneKey® MLS

APN: 07401-0032