NOT LISTED FOR SALE

1650 W 12 St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,256,962 - $1,826,000

5 Beds
2.5 Baths
3,580 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,553,000 $434 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,851/month

Highlights

  • Wood Flooring
  • 6 Car Detached Garage
  • Heating System Uses Steam
  • James Madison High School Rated A-
  • Cooling Available
  • 3-minute walk to Seth Low Playground

About This Home

As of April 2021

LARGE 2 FAMILY WITH A 12 FT PRIVATE DRIVEWAY! Located in prime Bensonhurst/Gravesend location! This huge building measures 20X63 and sits on a 32X100 lot! The 2nd floor is a massive 7-room apartment with 3 bedrooms, living room, dining room, kitchen, dinette, laundry closet with washer & dryer, and a full bath. The 1st floor is a 6-room apartment with 2 bedrooms, large living room, formal dining room, kitchen, dinette and a fully tiled bath with shower and tub. The basement is full and finished with half-bath and a separate side entrance. The privately enclosed backyard is great for outdoor entertaining and summer BBQ’s. There is also an extra-wide private driveway and a detached 2-car garage that allows you to easily park 6+ cars! This home is very well kept with updates such as a newer gas heating system, 2 sewer check valves, updated electric and newly layered roof. Excellent location only minutes to the D and N Express trains and all the stores on Kings Highway, Bay Parkway & 86th St. This is a perfect home to raise a family in with great zoned schools and in a beautifully tree-lined street.

Last Agent to Sell the Property

Jose Paucar

Re/Max Central Listed on: 10/12/2020

Last Buyer's Agent

Marianne Russo

Robert Defalco Realty

Robert Defalco Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,804

Year Built

  • Built in 1930

Lot Details

  • 3,142 Sq Ft Lot
  • Lot Dimensions are 100 x 32
  • Back Yard

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,804

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1260
  • Building Length: 63.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Cross Street Name2: Kings Hwy
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Garage Door Opener(s), Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 3580
  • Building Stories: 2
  • Street Name I D X: 12
  • Street Number I D X: 1650
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 3142

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 24
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 32
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 7804.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Apr 1, 2021
Sold by
Lofaro Irrevocable Trust and Villali
Bought by
Lucky Star 1650 Llc
Seller's Agent
Jose Paucar
Re/Max Central
Buyer's Agent
Marianne Russo
Robert Defalco Realty
Sold Price
$1,553,000
Current Estimated Value
$1,514,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,509
Avg. Annual Appreciation
-0.56%
Original Mortgage
$499,000
Outstanding Balance
$450,537
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,063,954

Purchase Details

Closed on
Sep 25, 2019
Sold by
Lofaro Rose Marie
Bought by
Lofaro Irrevocable Trust and Villali Trustee Rose

Purchase Details

Closed on
May 24, 2011
Sold by
Rose Lofaro and Rose Marie
Bought by
Lofaro Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lucky Star 1650 Llc $1,553,000 --
Lofaro Irrevocable Trust -- --
Lofaro Rose Marie -- --
Lofaro Rose Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Star 1650 Llc $499,000
Previous Owner Lofaro Rose Marie $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $1,553,000 -- $434 / Sq Ft
10/12/2020 10/12/20 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 $9,476 $90,300 $17,880 $72,420
2024 $9,476 $85,920 $17,880 $68,040
2023 $9,581 $96,180 $17,880 $78,300
2022 $9,346 $94,560 $17,880 $76,680
2021 $9,296 $87,360 $17,880 $69,480
2020 $3,709 $72,060 $17,880 $54,180
2019 $6,927 $72,060 $17,880 $54,180
2018 $6,738 $39,314 $10,030 $29,284
2017 $7,066 $39,016 $10,989 $28,027
2016 $6,465 $36,808 $10,785 $26,023
2015 $3,878 $34,726 $11,336 $23,390
2014 $3,878 $32,762 $11,099 $21,663
Source: Public Records

Agents Affiliated with this Home

  • Jose Paucar

    Seller's Agent in 2021

    Jose Paucar

    RE/MAX

    (917) 440-8360

    5 in this area

    53 Total Sales

    Jose Paucar
    Section Image

  • M

    Buyer's Agent in 2021

    Marianne Russo

    Robert Defalco Realty

    (718) 987-7900

    1 in this area

    8 Total Sales

    Marianne Russo
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444470

Brooklyn Board of REALTORS®

APN: 06619-0024

New York Kings County Brooklyn 11223 Gravesend

1650 W 12 St, Brooklyn, NY

This home is located at 1650 W 12 St, Brooklyn, NY 11223 since 12 October 2020 and is currently estimated at $1,514,491, approximately $423 per square foot. This property was built in 1930. 1650 W 12 St is a home located in Kings County with nearby schools including P.S. 128K BENSONHURST, Seth Low Intermediate School 96, and James Madison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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