NOT LISTED FOR SALE

1640 W 3rd St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $988,000 - $1,140,000

3 Beds
1.5 Baths
1,428 Sq Ft
$746/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $855,000 $599 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,299/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • Is 228 David A Boody Rated A-

About This Home

As of July 2023

An amazing opportunity to own a lovely detached 1 family home located by the borderline of Brooklyn's hottest areas - Bensonhurst/Gravesend! Situated on quiet and tree-lined West 3rd Street and Ave P. Welcomed by a homey foyer with hardwood floors throughout. This sunny home offers 1.5 baths, a separate kitchen, a formal dining room, a large living room, 3 spacious bedrooms and plenty of storage areas. It was maintained down to the smallest details with nothing overlooked. This highly convenient and desirable location is near public transportation, shopping, as well as desirable schools (ex: PS 177, IS228,).THIS ONCE IN A LIFETIME CHANCE WON'T LAST LONG.

Last Agent to Sell the Property

Mandy Shi

Momentum Real Estate LLC Listed on: 03/21/2022

Co-Listed By

Kunheng Cao

Momentum Real Estate LLC

Last Buyer's Agent

Henry Chen

Momentum Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard
  • Property is zoned R4-1

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6628

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,933

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 1.50
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 658
  • Building Length: 47.00
  • Building Width: 14.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Refrigerator, Stove
  • Rooms Total Level1: 3
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1428
  • Building Stories: 2
  • Street Name I D X: 3rd
  • Street Number I D X: 1640
  • Building Style: Duplex
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Other
  • Lot Sq Ft: 2000
  • Room Count: 8
  • Total Rooms: 6

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Slab Concrete
  • Lot Number: 23
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 2933.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 13, 2023
Sold by
Frammosa Anna Rita
Bought by
Li Gary and Li Shirly
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Henry Chen
Momentum Real Estate LLC
Sold Price
$855,000
Current Estimated Value
$1,065,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,948
Avg. Annual Appreciation
10.25%
Original Mortgage
$680,000
Outstanding Balance
$663,475
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,473
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
Li Gary $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Gary $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $855,000 -- $599 / Sq Ft
03/21/2022 03/21/22 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
2025 $7,772 $58,320 $12,960 $45,360
2024 $7,772 $58,320 $12,960 $45,360
2023 $7,422 $66,180 $12,960 $53,220
2022 $2,817 $58,800 $12,960 $45,840
2021 $2,933 $54,120 $12,960 $41,160
2020 $2,200 $54,120 $12,960 $41,160
2019 $6,087 $54,120 $12,960 $41,160
2018 $5,549 $30,456 $5,599 $24,857
2017 $5,270 $29,020 $7,543 $21,477
2016 $2,223 $28,448 $8,655 $19,793
2015 $1,212 $28,448 $10,569 $17,879
2014 $1,212 $26,872 $10,204 $16,668
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mandy Shi

    Momentum Real Estate LLC

    (718) 382-0001

    19 in this area

    69 Total Sales

    Mandy Shi
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kunheng Cao

    Momentum Real Estate LLC

    (347) 741-4849

    9 in this area

    30 Total Sales

    Kunheng Cao
    Section Image
  • Henry Chen

    Buyer's Agent in 2023

    Henry Chen

    Momentum Real Estate LLC

    (917) 660-4688

    6 in this area

    49 Total Sales

    Henry Chen
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459999

Brooklyn Board of REALTORS®

APN: 06628-0023

New York Kings County Brooklyn 11223 Gravesend

1640 W 3rd St, Brooklyn, NY

This home is located at 1640 W 3rd St, Brooklyn, NY 11223 since 21 March 2022 and is currently estimated at $1,065,948, approximately $746 per square foot. This property was built in 1930. 1640 W 3rd St is a home located in Kings County with nearby schools including P.S.177 The Marlboro, Is 228 David A Boody, and Success Academy Charter School - Bensonhurst.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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