NOT LISTED FOR SALE

1871 Shore Pkwy Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,018,000 - $1,198,000

4 Beds
2 Baths
1,920 Sq Ft
$561/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $900,000 $469 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,548/month

Highlights

  • Deck
  • Private Driveway
  • Back and Front Yard
  • Wood Flooring

About This Home

As of March 2023

Presenting this Legal Two(2) Family Brick that is Three(3) Stories above the Ground with Private Driveway up to 2 cars located on a quite tree-lined block in Prime location and one of the most desirable neighborhoods. It is conveniently a short distance to ALL your daily needs: B6/B82/B64 buses, D train 25th Ave Stop, BJ's, Belt Parkway Highway, Ceasars Bay Shopping Center, Bensonhurst Park, Adventurers Amusement Park, 86th Street Commercial Block which offers varieties of restaurant/supermarket/grocery shopping/Fitness Center and much more to mention. This home features three(3)-bedrooms and a full bathroom on the top third floor over huge living room, dinner room, kitchen and a rear deck which leads to the private backyard on the middle floor over one(1)-bedroom apartment on the 1st floor over crawl basement space, private driveway in the front which allows parking up to 2 cars, skylight for brighter bedroom, No flood insurance needed, building size 16x40' sitting on 16x105' lot, zoning R6 with 2,162 buildable SqFT and annual property tax $6,086. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 09/27/2022

RE/MAX Edge

Last Buyer's Agent

Billy Yong

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,086

Year Built

  • Built in 1955

Lot Details

  • 1,680 Sq Ft Lot
  • Lot Dimensions are 105 x 16
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,920 Sq Ft Home
  • 3-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,086

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Crawl Space
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 640
  • Building Length: 40.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay 40th St
  • Cross Street Name2: Bay 41st St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Deck, Dishwasher, Refrigerator, Stove
  • Fill Sq Ft Total: 1920
  • Building Stories: 3
  • Street Name I D X: Shore
  • Street Number I D X: 1871
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 1680
  • Total Rooms: 8

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 57
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 105
  • Lot Size Width: 16
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 6086.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Mar 16, 2023
Sold by
Executrix Elizabeth Mincieli As
Bought by
Wu Zhipeng
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Billy Yong
RE/MAX Edge
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Current Estimated Value
$1,077,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,242
Avg. Annual Appreciation
7.55%
Original Mortgage
$450,000
Outstanding Balance
$437,327
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$639,915
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
Wu Zhipeng $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zhipeng $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $900,000 -4.1% $469 / Sq Ft
12/06/2022 12/06/22 Price Changed $938,000 -1.3% $489 / Sq Ft
11/11/2022 11/11/22 Price Changed $950,000 -3.8% $495 / Sq Ft
10/27/2022 10/27/22 Price Changed $988,000 -1.1% $515 / Sq Ft
09/27/2022 09/27/22 For Sale $999,000 -- $520 / Sq Ft
09/26/2022 09/26/22 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 $8,278 $61,140 $15,060 $46,080
2024 $8,278 $67,920 $15,060 $52,860
2023 $7,648 $71,580 $15,060 $56,520
2022 $6,086 $63,240 $15,060 $48,180
2021 $5,992 $59,760 $15,060 $44,700
2020 $5,992 $58,380 $15,060 $43,320
2019 $5,521 $51,240 $15,060 $36,180
2018 $5,311 $34,086 $9,150 $24,936
2017 $5,322 $32,157 $10,705 $21,452
2016 $2,119 $30,337 $11,824 $18,513
2015 $1,297 $28,620 $12,540 $16,080
2014 $1,297 $28,620 $12,540 $16,080
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2023

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    23 in this area

    178 Total Sales

    Jason Zhou
    Section Image

  • B

    Buyer's Agent in 2023

    Billy Yong

    RE/MAX

    (917) 309-9696

    7 in this area

    26 Total Sales

    Billy Yong
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 467004

Brooklyn Board of REALTORS®

APN: 06931-0057

New York Kings County Brooklyn 11214 Gravesend

1871 Shore Pkwy, Brooklyn, NY

This home is located at 1871 Shore Pkwy, Brooklyn, NY 11214 since 27 September 2022 and is currently estimated at $1,077,242, approximately $561 per square foot. This property was built in 1955. 1871 Shore Pkwy is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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