NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,138,000

4 Beds
2.5 Baths
1,472 Sq Ft
$729/Sq Ft Est. Value

Last Sold June 19, 2024

Last sale price $999,000 $679 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,149/month

107 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Avenue P
  • Living Room
  • Is 228 David A Boody Rated A-
  • Eat-In Kitchen
  • Dining Room

About This Home

As of June 2024

Introducing a fantastic investment opportunity in the heart of Gravesend, Brooklyn! Nestled at 1625 West 2nd Street, between Avenue P and Quentin Road, this 2-family detached colonial home is a diamond in the rough, awaiting your personal touch to transform it into the perfect residence.

Main Unit (5 Rooms):
As you step into the main unit, you'll find yourself in a world of potential. This spacious living space features an eat-in kitchen, perfect for culinary adventures, a bright and airy living room that welcomes plenty of natural light, a formal dining room for family gatherings, a nicely-sized bedroom, and an additional versatile room that can easily be used as a second bedroom or home office. The charm of this home is evident, with hardwood floors waiting to be unveiled beneath the carpets.

Apartment:
The second unit offers convenience and privacy. It boasts a comfortable eat-in kitchen, a cozy living room, and two bedrooms, making it ideal for multi-generational living or rental income.

Full Finished Basement:
Downstairs, you'll discover a full finished basement that expands your living space. It features a kitchen, a half bath for added convenience, and a spacious family room with a wet bar. This area is perfect for hosting gatherings or relaxing with loved ones.

Shared Driveway:
This Brooklyn gem also comes with a shared driveway, ensuring parking is never a hassle.

While this home requires some updating, the potential is limitless. With your vision and creativity, you can turn this property into the dream home you've always wanted. Located in Gravesend, you'll enjoy the benefits of a vibrant neighborhood with access to Brooklyn's finest amenities, schools, parks, and more. Don't miss this opportunity to make 1625 West 2nd Street your own and be part of the thriving community. Contact us today to schedule a viewing and explore the possibilities this property offers. Your dream home awaits!

Last Agent to Sell the Property

Annmarie Triolo

Triolo Realty Group, Inc. License #10311204688 Listed on: 12/18/2023

Last Buyer's Agent

Annmarie Triolo

Triolo Realty Group, Inc. License #10311204688 Listed on: 12/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,207

Year Built

  • Built in 1925

Lot Details

  • 1,825 Sq Ft Lot
  • Lot Dimensions are 20.5 x 89.08
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 00072 / 06630
  • Assessor Parcel Number 06630-00072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,207

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: 20.5 X 89.08
  • Modification Timestamp: 2024-09-25
  • Directions: Avenue P to West 2nd Street
  • Architectural Style: Colonial
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Style2: Colonial
  • General Property Info:Half Baths: 1
  • General Property Info:Public Remarks3: Introducing a fantastic investment opportunity in the heart of Gravesend, Brooklyn! Nestled at 1625 West 2nd Street, between Avenue P and Quentin Road, this 2-family detached colonial home is a diamond in the rough, awaiting your personal touch to transform it into the perfect residence. Main Unit (5 Rooms): As you step into the main unit, you'll find yourself in a world of potential. This spacious living space features an eat-in kitchen, perfect for culinary adventures, a bright and airy living room that welcomes plenty of natural light, a formal dining room for family gatherings, a nicely-sized bedroom, and an additional versatile room that can easily be used as a second bedroom or home office. The charm of this home is evident, with hardwood floors waiting to be unveiled beneath the carpets. Apartment: The second unit offers convenience and privacy. It boasts a comfortable eat-in kitchen, a cozy living room, and two bedrooms, making it ideal for multi-generational living or rental income. Full Finished Basement: Downstairs, you'll discover a full finished basement that expands your living space. It features a kitchen, a half bath for added convenience, and a spacious family room with a wet bar. This area is perfect for hosting gatherings or relaxing with loved ones. Shared Driveway: This Brooklyn gem also comes with a shared driveway, ensuring parking is never a hassle. While this home requires some updating, the potential is limitless. With your vision and creativity, you can turn this property into the dream home you've always wanted.
  • ContractLocation Information:List PriceSqFt2: 746.6
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Good
  • General Property Info:Apartment Desc: 4 room apartment. Living rm, eat-in kitchen, 2 Bedrooms.
  • Appliances Refrigerators: Yes
  • General Property Info Bldg Dimensions: 16X45
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • General Property Info:Stories2: 2.0
  • General Property Info:Total Rooms Main Unit: 4
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Dining Room:Separate: Yes
  • Living Room:Separate2: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Finished

Exterior Features

  • Lot Features: Back
  • Construction Type: Aluminum Siding, Stucco
  • General Property Info:Waterview: No
  • Yard:Back: Yes
  • Siding:Stucco: Yes
  • Siding:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage Location: None
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 1825.0
  • Lot Size Units: Square Feet
  • Parcel #: 06630-00072
  • Zoning: R4-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 1825.0
  • General Property Info:Lot Dim: 20.5 X 89.08

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 7207.0
  • Tax Block: 06630
  • Tax Lot: 00072
  • General Property Info:Taxes2: 7207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Jun 18, 2024
Sold by
Amatuzzi Family Irrevocable Residence Tr
Bought by
Chen Menghong and Wu Haiying
Seller's Agent
Annmarie Triolo
Triolo Realty Group, Inc.
Buyer's Agent
Annmarie Triolo
Triolo Realty Group, Inc.
List Price
$1,149,000
Sold Price
$999,000
Premium/Discount to List
-$150,000
-13.05%
Views
105
Current Estimated Value
$1,073,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,606
Avg. Annual Appreciation
5.61%
Original Mortgage
$699,300
Outstanding Balance
$690,376
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,230

Purchase Details

Closed on
Jun 13, 2023
Sold by
Amatuzzi Anthony
Bought by
Anthony Amatuzzi Jr As Trustee and The Amatuzzi Family Irrevocable Residenc

Purchase Details

Closed on
Oct 5, 1999
Sold by
Amatuzzi Anthony and Loschiavo Phyllis
Bought by
Amatuzzi Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
11.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Menghong $999,000 --
Anthony Amatuzzi Jr As Trustee -- --
Anthony Amatuzzi Jr As Trustee -- --
Amatuzzi Anthony $20,000 Commonwealth Land Title Ins
Amatuzzi Anthony -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Menghong $699,300
Previous Owner Amatuzzi Anthony $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2024 06/19/24 Sold $999,000 -9.1% $679 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $1,099,000 -4.4% $747 / Sq Ft
12/18/2023 12/18/23 For Sale $1,149,000 -- $781 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $6,213 $68,580 $12,660 $55,920
2024 $6,213 $64,140 $12,660 $51,480
2023 $2,652 $69,720 $12,660 $57,060
2022 $2,395 $70,380 $12,660 $57,720
2021 $2,484 $54,360 $12,660 $41,700
2020 $2,484 $45,960 $12,660 $33,300
2019 $2,318 $45,960 $12,660 $33,300
2018 $5,144 $29,574 $7,869 $21,705
2017 $5,388 $27,901 $7,268 $20,633
2016 $5,145 $27,288 $7,677 $19,611
2015 $2,955 $27,288 $9,135 $18,153
2014 $2,955 $26,122 $9,304 $16,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1165896

Staten Island Multiple Listing Service

APN: 06630-0072