NOT LISTED FOR SALE

122 8th St Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $2,038,000 - $2,220,000

6 Beds
3 Baths
1,980 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $2,850,000 $1,439 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $11,409/month

2,562 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • Garage
  • P.S. 124 Silas B Dutcher Rated A-
  • Community Garden

About This Home

As of March 2021

Two adjacent PRIME lots in Gowanus. 120-122 8th Street is a one-of-a-kind combination residential/commercial property in ultra-hot Gowanus. This upgraded two-family townhouse and enormous garage sit on two adjacent 25' x 100' lots and are being sold as a package deal. DEVELOPER & INVESTOR USE
With its ideal Gowanus location, 120 and 122 8th Street is ideal for an investor looking to benefit from the excellent residential and commercial rents in the area. Additionally, the house and garage present developers with the opportunity to build up to an impressive 10,000 square feet (see attached architect's study). END USER USE
This unique combination is perfect for an owner-user to Live/Work or Live/Work AND COLLECT RENTAL INCOME! Possible uses include flexible spaces for TV/Film production, offices, storage, manufacturing, art galleries, satellite warehouse facilities, bars, restaurants, health care facilities, technology/design firms, artist work space and more. Best of all the properties are located just minutes from two subways and some of the trendiest restaurants, bars and amenities in Brooklyn.

Last Agent to Sell the Property

Tyson Lewis

Compass License #10301207986 Listed on: 05/28/2019

Compass

Co-Listed By

Alexandra Como Saghir

Compass License #10401287917

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Gowanus Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 115 / 1002

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: 2nd Avenue/3rd Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1980.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1002
  • Tax Lot: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Mar 19, 2021
Sold by
Gatto Anthony L
Bought by
Mcallister Brian Buckley A and Morrow Elizabeth A
Seller's Agent
Tyson Lewis
Compass
List Price
$2,850,000
Sold Price
$2,850,000
Current Estimated Value
$2,129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$721,000
Avg. Annual Appreciation
-5.91%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Gatto Marie
Bought by
Gatto Anthony L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcallister Brian Buckley A $1,650,000 --
Gatto Anthony L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $2,850,000 0.0% $1,439 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/07/2014 01/07/14 For Sale $2,850,000 -- $1,439 / 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 $3,454 $122,640 $25,680 $96,960
2024 $3,454 $119,100 $25,680 $93,420
2023 $3,454 $135,780 $25,680 $110,100
2022 $3,224 $138,960 $25,680 $113,280
2021 $3,383 $130,740 $25,680 $105,060
2020 $1,587 $131,520 $25,680 $105,840
2019 $2,998 $143,760 $25,680 $118,080
2018 $2,262 $14,330 $2,611 $11,719
2017 $2,245 $14,181 $3,988 $10,193
2016 $718 $13,394 $4,916 $8,478
2015 $368 $12,639 $5,222 $7,417
2014 $368 $11,942 $4,934 $7,008
Source: Public Records

Agents Affiliated with this Home

  • Tyson Lewis

    Seller's Agent in 2021

    Tyson Lewis

    Compass

    (917) 716-7361

    1 in this area

    46 Total Sales

    Tyson Lewis
    Section Image
  • Alexandra Como Saghir

    Seller Co-Listing Agent in 2021

    Alexandra Como Saghir

    Compass

    (917) 721-2945

    1 in this area

    28 Total Sales

    Alexandra Como Saghir
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10674179

Real Estate Board of New York (REBNY)

APN: 01002-0115

New York Kings County Brooklyn 11215 Gowanus

122 8th St, Brooklyn, NY

Not Listed for Sale

Detached

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