NOT LISTED FOR SALE

1942 W 11th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,626,000 - $1,898,603

-- Bed
5 Baths
2,604 Sq Ft
$677/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $1,600,000 $614 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,510/month

Highlights

  • Detached Garage
  • Tile Flooring
  • Back Yard
  • P.S. 97 - The Highlawn Rated A-
  • Heating System Uses Steam

About This Home

As of October 2021

Incredible three family solid brick home in Gravesend area. Lot is 25 x 100 / building size is 21 x 62. The seller are enjoying the six rooms unit on the main floor; it features a big living room, formal dining room, modern kitchen with granite counter tops, modern bathroom and three bedrooms, nice hardwood floor through out. The second floor has a front and a rear unit. Rear unit is currently vacant, it has a living room, kitchen, two bedrooms. Front unit is currently rented. Very good possibility for full possession. Shared driveway, detached one car garage. Nice private PVC fenced backyard. Near D/N/F train. Convenient to 86th Street shopping. Excellent opportunity for self use and/or investment. Take a closer look... Don't miss it!

Last Agent to Sell the Property

Rui (Nancy) Wu

Listed on: 05/15/2021

Co-Listed By

Jian (Carey) Yang

Last Buyer's Agent

Rui (Nancy) Wu

Listed on: 05/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,684

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Laminate
  • Tile

Parking

  • Detached Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Tax Block 7077

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $1,345
  • Utility Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,684

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1302
  • Building Length: 62.00
  • Building Width: 21.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: AVENUE S
  • Cross Street Name2: AVENUE T
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 6
  • Rooms Total Level2: 8
  • Fill Sq Ft Total: 2604
  • Building Stories: 2
  • Street Name I D X: 11th
  • Street Number I D X: 1942
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Flooring: Laminate, Tile
  • Lot Sq Ft: 2500
  • Total Rooms: 12

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 21
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4-1

Multi Family

  • Insurance Expense: 1345.00
  • Annual Utility Expenses: 2500.00

Tax Info

  • Flip Tax Amount: 10684.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Oct 22, 2021
Sold by
Szeto Ka Lai and Szeto Sui Fun
Bought by
Chen Zhong and Lee See Jong
Seller's Agent
Rui (Nancy) Wu
Buyer's Agent
Rui (Nancy) Wu
Sold Price
$1,600,000
Total Days on Market
0
Current Estimated Value
$1,762,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,151
Avg. Annual Appreciation
2.52%
Original Mortgage
$1,040,000
Outstanding Balance
$953,544
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,607
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
Chen Zhong $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhong $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $1,600,000 -- $614 / Sq Ft
05/15/2021 05/15/21 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 $11,795 $99,240 $15,540 $83,700
2024 $11,795 $91,740 $15,540 $76,200
2023 $11,352 $87,300 $15,540 $71,760
2022 $10,729 $90,780 $15,540 $75,240
2021 $10,721 $85,980 $15,540 $70,440
2020 $8,041 $79,560 $15,540 $64,020
2019 $9,944 $79,560 $15,540 $64,020
2018 $9,197 $46,579 $12,040 $34,539
2017 $8,830 $44,788 $9,347 $35,441
2016 $8,412 $43,627 $10,782 $32,845
2015 $4,876 $43,226 $11,879 $31,347
2014 $4,876 $40,780 $12,920 $27,860
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rui (Nancy) Wu

  • J

    Seller Co-Listing Agent in 2021

    Jian (Carey) Yang

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451136

Brooklyn Board of REALTORS®

APN: 07077-0021

New York Kings County Brooklyn 11223 Gravesend

1942 W 11th St, Brooklyn, NY

This home is located at 1942 W 11th St, Brooklyn, NY 11223 since 15 May 2021 and is currently estimated at $1,762,151, approximately $676 per square foot. This property was built in 1930. 1942 W 11th 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.

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