NOT LISTED FOR SALE

1876 W 8th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,256,000 - $1,395,000

-- Bed
2 Baths
3,144 Sq Ft
$422/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $1,100,000 $350 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,635/month

Highlights

  • Wood Flooring
  • 3-minute walk to Kings Highway (N Line)
  • Baseboard Heating
  • P.S. 97 - The Highlawn Rated A-
  • Brick Front
  • Back Yard

About This Home

As of January 2019

ALL BRICK MUTI FAMILY HOUSE FOR SALE !!! WEST 8TH ST !!! BETWEEN AVENUE S AND HIGHLAWN AVE !!!one block south of Kings Highway N,Q,W subway stop,

TOP FLOOR IS A RAILROAD 3 BEDROOM
FIRST FLOOR IS A 2 BEDROOM RAILROAD WITH ACCESS TO THE BACKYARD.
BOTTOM UNIT IS CURRENTLY AN UNFINISHED AND NOT BEING USED.

PLEASE NOTE *** PROPERTY HAS NO C/O , HOUSE IS TAXED AS A 3 FAMILY , CURRENTLY USED AS A 2 FAMILY.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Lot Details

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

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Brick Front

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1040
  • Building Length: 52.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: AVENUE S
  • Cross Street Name2: HIGHLAWN AVE
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other, None
  • Building Stories: 2
  • Street Name I D X: 8
  • Street Number I D X: 1876
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Brick Face
  • Foundation Details: Block
  • Roof: Flat

Utilities

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

Lot Info

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

Tax Info

  • Flip Tax Amount: 5478.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jan 14, 2019
Sold by
Joseph Chiara As Trustee
Bought by
Zhou Ni Jin Fen and Zhou Zheng
Sold Price
$1,100,000
Current Estimated Value
$1,327,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,460
Avg. Annual Appreciation
2.83%
Original Mortgage
$823,000
Outstanding Balance
$723,585
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$603,875

Purchase Details

Closed on
Aug 16, 2016
Sold by
Gallo Theresa
Bought by
Peter Gallo Trustee and Yolando Gallo Snt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhou Ni Jin Fen $1,100,000 --
Peter Gallo Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Ni Jin Fen $823,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2019 01/14/19 Sold $1,100,000 -- $350 / Sq Ft
05/25/2018 05/25/18 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 $6,822 $66,840 $13,020 $53,820
2024 $6,822 $63,780 $13,020 $50,760
2023 $6,549 $71,280 $13,020 $58,260
2022 $6,437 $64,740 $13,020 $51,720
2021 $6,687 $58,980 $13,020 $45,960
2020 $5,015 $59,940 $13,020 $46,920
2019 $5,921 $59,940 $13,020 $46,920
2017 $5,478 $26,872 $5,878 $20,994
2016 $5,293 $26,478 $6,232 $20,246
2015 $3,058 $24,980 $7,974 $17,006
2014 $3,058 $23,588 $8,523 $15,065
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420591

Brooklyn Board of REALTORS®

APN: 06672-0037

New York Kings County Brooklyn 11223 Gravesend

1876 W 8th St, Brooklyn, NY

This home is located at 1876 W 8th St, Brooklyn, NY 11223 since 25 May 2018 and is currently estimated at $1,327,460, approximately $422 per square foot. 1876 W 8th St is a home located in Kings County with nearby schools including P.S. 97 - The Highlawn, Is 228 David A Boody, and Hebrew Language Academy Charter 2.

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.

Nearby Homes