NOT LISTED FOR SALE

1972 W 8th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,010,854 - $1,049,000

3 Beds
3 Baths
1,344 Sq Ft
$766/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $970,000 $722 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,961/month

Highlights

  • Wood Flooring
  • 3-minute walk to Avenue U (N Line)
  • Heating System Uses Steam
  • P.S. 97 - The Highlawn Rated A-
  • Back, Front, and Side Yard
  • Private Driveway

About This Home

As of September 2023

Welcome to this incredible semi-detached 2 family home located in the heart of the highly sought-after Gravesend area of Brooklyn. This is a rare opportunity to own a fantastic property that ticks all the boxes! This charming home features 2 stories and a finished basement with a separate entrance, fist floor 16x61, second floor 16x33, on a 19.5x100 lot, providing plenty of space for comfortable living. The location couldn't be better, with easy access to all public transportation options, good schools, and fantastic shopping experiences.The motivated seller and cooperative listing agent make this an excellent opportunity for any savvy investor or homebuyer looking for a great deal. Whether you're looking for a comfortable family home or a profitable investment property, this listing is a must-see! Don't miss out on this chance to own a stunning home in one of the most desirable neighborhoods in Brooklyn. Schedule your appointment today and discover why this property is truly one-of-a-kind!

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC Listed on: 04/10/2023

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC Listed on: 04/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 1925

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back, Front, and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,820

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 33.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1344
  • Building Stories: 2
  • Street Name I D X: 8th
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1950

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 36
  • Roof: Flat

Utilities

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

Lot Info

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

Tax Info

  • Flip Tax Amount: 5820.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
2087 Tiebout Avenue Corp
Bought by
1972 W 8Th Street Llc
Current Estimated Value
$1,028,964

Purchase Details

Listed on
Apr 10, 2023
Closed on
Sep 20, 2023
Sold by
Au Carrie Bi Yun and Au Li Zhuo
Bought by
2087 Tiebout Avenue Corp
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
List Price
$1,080,000
Sold Price
$970,000
Premium/Discount to List
-$110,000
-10.19%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Estate Of Florence M Maniscalco and Williamson
Bought by
Chen Chang Lun and Au Li Zhuo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
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
1972 W 8Th Street Llc -- --
2087 Tiebout Avenue Corp $970,000 --
2087 Tiebout Avenue Corp $970,000 --
Chen Chang Lun $225,000 Stewart Title
Chen Chang Lun $225,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Chang Lun $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $970,000 -10.2% $722 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $1,080,000 -- $804 / Sq Ft
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 $6,903 $62,640 $13,380 $49,260
2024 $6,903 $57,240 $13,380 $43,860
2023 $6,301 $70,200 $13,380 $56,820
2022 $5,820 $58,740 $13,380 $45,360
2021 $5,778 $52,620 $13,380 $39,240
2020 $4,334 $50,340 $13,380 $36,960
2019 $5,699 $54,060 $13,380 $40,680
2018 $5,211 $27,022 $5,937 $21,085
2017 $4,897 $25,495 $7,107 $18,388
2016 $4,498 $24,052 $7,629 $16,423
2015 $2,681 $24,052 $9,762 $14,290
2014 $2,681 $23,869 $9,548 $14,321
Source: Public Records

Agents Affiliated with this Home

  • Minnie Lin

    Seller's Agent in 2023

    Minnie Lin

    Momentum Real Estate LLC

    (917) 330-0628

    42 in this area

    284 Total Sales

    Minnie Lin
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473118

Brooklyn Board of REALTORS®

APN: 07080-0036

New York Kings County Brooklyn 11223 Gravesend

1972 W 8th St, Brooklyn, NY

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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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