NOT LISTED FOR SALE

1725 W 2nd St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $943,000 - $1,105,000

3 Beds
3 Baths
1,230 Sq Ft
$838/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $999,000 $812 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,997/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Private Driveway
  • Is 228 David A Boody Rated A-
  • Heating System Uses Steam
  • Laundry Facilities

About This Home

As of July 2023

Detached small 2 family with private drive and 1 car garage. First floor and basement used as a duplex. Second floor has 3 1/2 room rental apartment completely renovated! Great location, short distance to F&N trains, buses, and houses of worship. Private backyard. Full Vacancy. Agent Owned.

Last Agent to Sell the Property

Lucy Ciocia

BHHS Fillmore R.E. Listed on: 02/01/2023

BHHS Fillmore R.E.

Last Buyer's Agent

Sophia Huang

RE/MAX Real Estate Professionals License #10401306648

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,257

Lot Details

  • 2,016 Sq Ft Lot
  • Lot Dimensions are 84 x 24
  • Back and Front Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Washer

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6655

Community Details

Building Details

  • 2 Vacant Units
  • Fuel Expense $2,000
  • Insurance Expense $1,700

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,257

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 37.00
  • Building Width: 15.50
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Cross Street Name2: Quentin Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Dishwasher, Laundry Area, Refrigerator, Stove, Washer
  • Building Stories: 2
  • Street Name I D X: 2nd
  • Building Style: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic, Hardwood, Parquet
  • Lot Sq Ft: 2016

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 62
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 84
  • Lot Size Width: 24
  • Zoning: R4-1

Multi Family

  • Insurance Expense: 1700.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 6257.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jul 27, 2023
Sold by
Corsignana D`Albis Revocable Living Trus and Lucia Ciocia Trustee
Bought by
Lin Feng Juan and Liu Ruizhu
Seller's Agent
Lucy Ciocia
BHHS Fillmore R.E.
Buyer's Agent
Sophia Huang
RE/MAX Real Estate Professionals
List Price
$1,028,000
Sold Price
$999,000
Premium/Discount to List
-$29,000
-2.82%
Views
22
Current Estimated Value
$1,030,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,445
Avg. Annual Appreciation
1.38%
Original Mortgage
$499,000
Outstanding Balance
$487,330
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,115
Source: Public Records

Range of Values:

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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
Lin Feng Juan $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Feng Juan $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $999,000 -0.1% $812 / Sq Ft
04/26/2023 04/26/23 Price Changed $999,888 -2.7% $813 / Sq Ft
02/01/2023 02/01/23 For Sale $1,028,000 -- $836 / Sq Ft
02/01/2023 02/01/23 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 $7,236 $51,600 $10,800 $40,800
2024 $7,236 $52,560 $10,800 $41,760
2023 $6,903 $56,100 $10,800 $45,300
2022 $2,373 $45,900 $10,800 $35,100
2021 $2,640 $50,340 $10,800 $39,540
2020 $2,640 $51,780 $10,800 $40,980
2019 $2,481 $51,780 $10,800 $40,980
2018 $2,228 $28,324 $6,519 $21,805
2017 $2,078 $26,722 $6,263 $20,459
2016 $1,990 $26,126 $7,348 $18,778
2015 $1,081 $26,126 $8,694 $17,432
2014 $1,081 $25,020 $9,550 $15,470
Source: Public Records

Agents Affiliated with this Home

  • Lucy Ciocia

    Seller's Agent in 2023

    Lucy Ciocia

    BHHS Fillmore R.E.

    (917) 541-4142

    12 in this area

    49 Total Sales

    Lucy Ciocia
    Section Image

  • S

    Buyer's Agent in 2023

    Sophia Huang

    RE/MAX

    (917) 294-7815

    2 in this area

    9 Total Sales

    Sophia Huang
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 471542

Brooklyn Board of REALTORS®

APN: 06655-0062

New York Kings County Brooklyn 11223 Gravesend

1725 W 2nd St, Brooklyn, NY

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