NOT LISTED FOR SALE

1816 W 8th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,059,872 - $1,406,000

6 Beds
3 Baths
2,224 Sq Ft
$554/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $1,180,000 $531 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,253/month

Highlights

  • Tile Flooring
  • 2-minute walk to Kings Highway (N Line)
  • Back and Front Yard
  • P.S. 97 - The Highlawn Rated A-
  • Hot Water Heating System

About This Home

As of October 2023

Beautiful two family brick home - prime Gravesend location - nicely sized rooms. Full possession, Plenty of closet space and ceramic tile flooring. Call today!

Last Agent to Sell the Property

Joseph Ognibene

RE/MAX Elite License #10301213907 Listed on: 06/22/2023

RE/MAX Elite

Last Buyer's Agent

Joseph Ognibene

RE/MAX Elite License #10301213907 Listed on: 06/22/2023

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 1905

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • 2,224 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Block 6672

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,613
  • Insurance Expense $1,300
  • Utility Expense $1,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,721

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 52.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Highlawn Ave
  • Cross Street Name2: Avenue S
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2224
  • Street Name I D X: 8th
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpeting, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1613.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Multi Family

  • Insurance Expense: 1300.00
  • Unit Count: 1
  • Annual Utility Expenses: 1132.00

Tax Info

  • Flip Tax Amount: 5721.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 12, 2023
Sold by
Vitulli Giuseppe and Vitulli Petrina
Bought by
Lin Joe
Seller's Agent
Joseph Ognibene
RE/MAX Elite
Buyer's Agent
Joseph Ognibene
RE/MAX Elite
List Price
$1,299,000
Sold Price
$1,180,000
Premium/Discount to List
-$119,000
-9.16%
Views
58
Current Estimated Value
$1,286,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,275
Avg. Annual Appreciation
1.94%
Original Mortgage
$600,000
Outstanding Balance
$587,242
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,726

Purchase Details

Closed on
Sep 6, 2000
Sold by
Vitulli Petrina and Nicosia Maria
Bought by
Vitulli Giuseppe and Vitulli Petrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Joe $1,180,000 --
Lin Joe $1,180,000 --
Lin Joe $1,180,000 --
Vitulli Giuseppe $180,000 --
Vitulli Giuseppe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Joe $600,000
Closed Lin Joe $600,000
Previous Owner Vitulli Giuseppe $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $1,180,000 -1.6% $531 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,199,000 -7.7% $539 / Sq Ft
06/22/2023 06/22/23 For Sale $1,299,000 -- $584 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $6,735 $58,140 $11,520 $46,620
2024 $6,735 $67,800 $11,520 $56,280
2023 $6,177 $74,700 $11,520 $63,180
2022 $5,721 $69,480 $11,520 $57,960
2021 $6,038 $68,400 $11,520 $56,880
2019 $5,553 $64,680 $11,520 $53,160
2018 $5,107 $26,512 $5,375 $21,137
2017 $4,813 $25,081 $4,854 $20,227
2016 $4,704 $25,081 $5,561 $19,520
2015 $2,634 $24,657 $6,328 $18,329
2014 $2,634 $23,288 $7,168 $16,120
Source: Public Records

Agents Affiliated with this Home

  • Joseph Ognibene

    Seller's Agent in 2023

    Joseph Ognibene

    RE/MAX

    (917) 273-7269

    1 in this area

    16 Total Sales

    Joseph Ognibene
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474971

Brooklyn Board of REALTORS®

APN: 06672-0012

New York Kings County Brooklyn 11223 Gravesend

1816 W 8th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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