NOT LISTED FOR SALE

Estimated Value: $1,416,417 - $1,598,000

9 Beds
3 Baths
2,700 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $1,450,000 $537 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,248/month

Highlights

  • Tile Flooring
  • 4-minute walk to 59 Street (N,R Line)
  • Back and Front Yard
  • Junior High School 227 Edward B Shallow Rated A-

About This Home

As of December 2021

Location, Location!! Introducing an opportunity to own a 2 family brick home located in the coveted area of Sunset Park, Brooklyn. The property features a semi-finished basement as well as a spacious front and back yard. The first and second level is considered 1 family featuring 5 bedrooms, 1 kitchen, 1 living room on the first level and another on the second level, and 2 full bathrooms one on each level. The third level features 4 bedrooms, a living room, a kitchen, and 1 full bath. The property is located by an abundance of restaurants, shops, supermarkets, and much much more. There are public transportation options nearby including B9, B37, B63, N train, and R train. The property will be delivered vacant.

Last Listed By

Shu Yu (Linda) Zeng

Ashford Homes LLC Listed on: 06/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Tile Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 860
  • Building Length: 43.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Street Name I D X: 60th
  • Street Number I D X: 516
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Tile
  • Total Rooms: 15

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 3555.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Dec 29, 2021
Sold by
Ru Theh Min
Bought by
Lu Jiao Mei and Zheng Jie
Seller's Agent
Shu Yu (Linda) Zeng
Ashford Homes LLC
Buyer's Agent
Xi Xian Pan
ProBase Real Estate
Sold Price
$1,450,000
Total Days on Market
0
Current Estimated Value
$1,524,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,354
Avg. Annual Appreciation
1.52%
Original Mortgage
$942,500
Outstanding Balance
$876,844
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$647,510

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
Lu Jiao Mei $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Jiao Mei $942,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $1,450,000 -- $537 / Sq Ft
06/03/2021 06/03/21 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 $9,067 $87,420 $16,380 $71,040
2023 $8,934 $99,120 $16,380 $82,740
2022 $8,782 $81,120 $16,380 $64,740
2021 $3,782 $88,980 $16,380 $72,600
2020 $3,782 $85,140 $16,380 $68,760
2019 $3,276 $80,700 $16,380 $64,320
2018 $3,078 $36,660 $10,403 $26,257
2017 $3,091 $36,660 $10,480 $26,180
2016 $6,409 $35,167 $8,549 $26,618
2015 $3,732 $33,177 $9,502 $23,675
2014 $3,732 $31,351 $10,357 $20,994
Source: Public Records

Agents Affiliated with this Home

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Source: Brooklyn Board of REALTORS®

MLS Number: 451714

Brooklyn Board of REALTORS®

APN: 05783-0012