NOT LISTED FOR SALE

299 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,626,000 - $2,182,000

5 Beds
3 Baths
2,000 Sq Ft
$938/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $1,580,000 $790 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,134/month

Highlights

  • Wood Flooring
  • P.S. 130 - The Parkside School Rated A-
  • Back, Front, and Side Yard

About This Home

As of May 2022

Welcome home to this handsome semi-detached 2-family brick townhouse on a quiet tree-lined street near all conveniences in Brooklyn’s Kensington neighborhood. Situated on a deep 20’ x 120’5” lot, the spacious 3,000 sq ft home enjoys lush greenery in front and a large private rear patio garden for outdoor enjoyment. It offers lots of versatility and tons of potential, with 2 floors of living space plus a basement with private entrance, great rental income, and additional buildable air rights!

Built in 1901, the charmer is brimming with beautiful details like rich hardwood doors, floors and trim, airy 9 ft ceilings, tall light-filled windows and tasteful moldings. Up the main stoop is an entry foyer and hall with wood staircase, and a generous bay-windowed living/dining room at right for entertaining. This level also features an eat-in kitchen, 2 bedrooms, an office/study, and full bath.

Level 2 presents a living room, dining room, primary bedroom with an adjoining office/bedroom, rear bedroom, full bath, and eat-in kitchen with a door to a lovely balcony. The basement, accessed by the home’s interior staircase, a front entrance and rear entry from the patio/yard, offers a family room, eat-in kitchen, 2 bonus rooms for flex use as sleeping quarters or work/study space, and a full bathroom. It can additionally be converted to a garden apartment rental if desired.

The prime location is close to it all, with the Church Avenue retail corridor just down the block with lots of shopping, dining and services. You’re also in close proximity to Ocean Parkway, Prospect Park, the Greenwood playground, Winsor Terrace Library, the Prospect Expressway, and the F/G trains.

Last Listed By

Mohamad Hasan

Listed on: 10/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,146

Year Built

  • 1901

Lot Details

  • Lot Dimensions are 20x120.50
  • Back, Front, and Side Yard
  • Garden

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,146

Year Built

1901

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Church Ave
  • Cross Street Name2: Beverly Rd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Rooms Total Level2: 6
  • Building Stories: 2
  • Street Name I D X: 7th
  • Street Number I D X: 299
  • Building Style: Other
  • Waterfront Present: No
  • Special Features: None
  • Stories: 2
  • Year Built: 1901

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood
  • Total Rooms: 11

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 72
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 20X120.50
  • Lot Size Irregular: No
  • Lot Size Length: 121
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 7146.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
May 6, 2022
Sold by
Atwell Joyce and Telesford Frederick
Bought by
Deriggi Angela De and Turner Christopher
Seller's Agent
Mohamad Hasan
Buyer's Agent
Mohamad Hasan
Sold Price
$1,580,000
Total Days on Market
0
Current Estimated Value
$1,875,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,040
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,264,000
Outstanding Balance
$1,221,064
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$540,316

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
Deriggi Angela De $1,580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deriggi Angela De $1,264,000
Previous Owner Atwell Joyce $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,580,000 -- $790 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,031 $97,860 $27,900 $69,960
2023 $7,884 $112,680 $27,900 $84,780
2022 $7,025 $98,520 $27,900 $70,620
2021 $7,131 $103,020 $27,900 $75,120
2020 $5,348 $106,860 $27,900 $78,960
2019 $6,678 $108,900 $27,900 $81,000
2018 $6,297 $32,352 $11,078 $21,274
2017 $5,922 $30,522 $10,917 $19,605
2016 $5,569 $29,409 $12,889 $16,520
2015 $3,253 $29,409 $17,317 $12,092
2014 $3,253 $27,768 $17,338 $10,430
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mohamad Hasan

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Source: Brooklyn Board of REALTORS®

MLS Number: 456360

Brooklyn Board of REALTORS®

APN: 05340-0072

New York Kings County Brooklyn 11218 Kensington

299 E 7th St, Brooklyn, NY

Homes for Sale in Brooklyn, NY

This home is located at 299 E 7th St, Brooklyn, NY 11218 since 13 October 2021 and is currently estimated at $1,875,040, approximately $937 per square foot. This property was built in 1901. 299 E 7th St is a home located in Kings County with nearby schools including P.S. 130 - The Parkside School, Ditmas Junior High school, and Yeshivat Shaare Torah Girls Elementary School.

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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.