NOT LISTED FOR SALE

1031 Lancaster Ave Brooklyn, NY 11223

Sheepshead Bay Neighborhood

Estimated Value: $1,128,949 - $1,445,000

6 Beds
3.5 Baths
2,394 Sq Ft
$563/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,250,000 $522 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,862/month

Highlights

  • Wood Flooring
  • 5-minute walk to Neck Road
  • Hot Water Heating System
  • 3 Car Attached Garage
  • Multiple cooling system units
  • Private Driveway

About This Home

As of September 2020

OFFICE EXCLUSIVE! Sheepshead Bay/Gravesend. Oversized 2-family solid brick house with private parking for 3 cars. This semi-detached home features a 4-bedroom/1.5 bath owner's duplex over a 2-bedroom walk-in apartment. There's also a full basement with separate entrance, kitchenette and a full bathroom. The duplex has a beautifully updated kitchen with access to a covered rear porch and big backyard. This 22' wide house sits on a 25'x100' lot and has 3 separate entrances as well as an interior staircase that provides access to both units as well as the basement. A very well maintained home that has crown molding and hardwood flooring throughout. Walking distance to everything, including the B & Q trains. One of the biggest 2-family brick houses in the area.

Last Agent to Sell the Property

Louis Calemine

Calemine & Co. Real Estate, LL Listed on: 12/28/2019

Last Buyer's Agent

Louis Calemine

Calemine & Co. Real Estate, LL Listed on: 12/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,454

Year Built

  • Built in 1960

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,454

Year Built

Built in 1960

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Baths Total Level4: 1.00
  • Beds Total Level4: 4
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Coney Island Ave.
  • Cross Street Name2: East 12th St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit
  • Fill Sq Ft Total: 2394
  • Building Stories: 3
  • Street Name I D X: Lancaster
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 25
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8454.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Kuang William and Lam Wilson
Bought by
Chau Philip and Kuang William
Current Estimated Value
$1,348,237

Purchase Details

Listed on
Dec 28, 2019
Closed on
Sep 15, 2020
Sold by
Salesi Anthony and Salesi Joyce
Bought by
Kuang William and Lam Wilson
Seller's Agent
Louis Calemine
Calemine & Co. Real Estate, LL
Buyer's Agent
Louis Calemine
Calemine & Co. Real Estate, LL
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$1,278,750
Outstanding Balance
$1,129,640
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,597

Purchase Details

Closed on
Dec 6, 2004
Sold by
Licata Theresa
Bought by
Salesi Anthony and Salesi Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2000
Sold by
Spoto Rosaria
Bought by
Licata Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chau Philip -- --
Chau Philip -- --
Kuang William $1,250,000 --
Kuang William $1,250,000 --
Kuang William $1,250,000 --
Salesi Anthony $350,000 --
Salesi Anthony $350,000 --
Licata Theresa $350,000 Titleguard
Licata Theresa $350,000 Titleguard
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuang William $1,278,750
Closed Kuang William $1,278,750
Previous Owner Salesi Anthony $180,000
Previous Owner Licata Theresa $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $1,250,000 -- $522 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,169 $88,560 $12,660 $75,900
2024 $10,169 $69,960 $12,660 $57,300
2023 $10,205 $85,380 $12,660 $72,720
2022 $9,464 $75,180 $12,660 $62,520
2021 $9,412 $61,440 $12,660 $48,780
2020 $4,266 $70,740 $12,660 $58,080
2019 $8,533 $70,740 $12,660 $58,080
2018 $8,239 $41,875 $10,854 $31,021
2017 $7,753 $39,505 $10,215 $29,290
2016 $7,141 $37,269 $9,941 $27,328
2015 $4,367 $35,160 $14,040 $21,120
2014 $4,367 $35,160 $14,040 $21,120
Source: Public Records

Agents Affiliated with this Home

  • Louis Calemine

    Seller's Agent in 2020

    Louis Calemine

    Calemine & Co. Real Estate, LL

    (718) 998-1100

    27 Total Sales

    Louis Calemine
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435489

Brooklyn Board of REALTORS®

APN: 07394-0025

New York Kings County Brooklyn 11223 Sheepshead Bay

1031 Lancaster Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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