NOT LISTED FOR SALE

Estimated Value: $1,309,000 - $1,813,458

5 Beds
3 Baths
2,240 Sq Ft
$703/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $1,399,000 $625 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,113/month

120 Days on Market

About This Home

As of June 2019

2 Family Brick Near Industry City in Sunset Park

Rarely available 2 family brick near Industry City in prime Sunset Park. This beautiful home is just a half block from coveted 8th Ave. and beautiful Sunset Park which is famous for its breathtaking vistas, green fields, pedestrian walkways, recreation center and much more.

Owner enjoys a 4 -bedroom duplex along with an income producing 2nd floor apartment, plus a full finished basement with separate front entrance. This turn of the century home boasts ornate original woodwork, wood floors with mahogany inlay, 3 full bathrooms, private outdoor space , new gas Weil Mclain gas heating system with AO smith hot water heater, new electric, new roof.

Enjoy all the nearby restaurants and shops on 8th avenue. Catch the D train to NYC just a few blocks at 9th Ave. and New Utrecht Ave. and the B70 bus line on 8th Ave. and 40th St.

This home is in Close Proximity to Bustling Industry City where you will find a host of new shops and restaurants which include Japan Village, Breadberry Local, Hometown BBQ, Blue Marble Ice Cream, Li-Lac Chocolates just to name a few.

Industry City is Brooklyn's arts and entertainment destination located on the waterfront in Sunset Park. Developed from 16 historic manufacturing buildings, it is a campus which consists of a diverse retail program, rotating art installations, and weekly concerts and live events.

This home will be delivered with full possession so take advantage of this great opportunity! Won't last!

Last Agent to Sell the Property

Vera Capozucca

Brown Harris Stevens Brooklyn LLC License #30CA0515339 Listed on: 01/07/2019

Brown Harris Stevens Brooklyn LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,661

Lot Details

  • 2,004

Interior Spaces

  • 2,240 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Sunset Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,661

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2240.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jun 4, 2019
Sold by
Haran Louise and Haran Richard
Bought by
725 42Nd Street Llc
Seller's Agent
Vera Capozucca
Brown Harris Stevens Brooklyn LLC
List Price
$1,550,000
Sold Price
$1,399,000
Premium/Discount to List
-$151,000
-9.74%
Current Estimated Value
$1,575,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,365
Avg. Annual Appreciation
1.89%
Original Mortgage
$680,000
Outstanding Balance
$601,590
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$967,560
Source: Public Records

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
725 42Nd Street Llc $1,295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 725 42Nd Street Llc $680,000
Previous Owner Haran Louise $12,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $1,399,000 -9.7% $625 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $1,550,000 -- $692 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $16,661 $91,020 $23,760 $67,260
2024 $16,661 $98,580 $23,760 $74,820
2023 $16,465 $100,320 $23,760 $76,560
2022 $15,813 $109,920 $23,760 $86,160
2021 $6,258 $87,000 $23,760 $63,240
2020 $4,694 $88,020 $23,760 $64,260
2019 $4,479 $82,800 $23,760 $59,040
2018 $4,029 $27,796 $10,052 $17,744
2017 $4,145 $26,244 $9,658 $16,586
2016 $3,809 $24,782 $9,284 $15,498
2015 $2,495 $24,782 $13,074 $11,708
2014 $2,495 $24,468 $14,073 $10,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10531448

Real Estate Board of New York (REBNY)

APN: 00922-0060