NOT LISTED FOR SALE

1998 E 2nd St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $3,640,000 - $4,950,000

-- Bed
4 Baths
3,825 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $4,250,000 $1,111 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $25,064/month

Highlights

  • Wood Flooring
  • 5-minute walk to Kings Highway (F Line)
  • Heating System Uses Steam
  • P.S. 215 Morris H Weiss Rated A-
  • Porch
  • 5-minute walk to McDonald Playground

About This Home

As of February 2023

Location Location Location!!! Legal 2-family detached home on a 30 x 100 size lot with a private driveway and
huge yard for plenty of room to expand. Extra-large basement with powder room, laundry room private entrance. This
property has 14.5 rooms in total. Floor 1 has 7 large rooms, the second floor has 7.5 rooms. There is a full attic with a half
bathroom. There are many windows throughout this home for plenty of natural light. The private driveway extends 100
feet suitable for 5 cars. With an extra-large cement yard. There are 3 entrances to this home This property is located in
the center of a pristine tree-lined block in the heart of Gravesend. Short distance to shopping, schools, public
transportation, etc...This property has Great potential.!!!!

Last Agent to Sell the Property

Joseph Santanastaso

Ben Bay Rlty Co of Ave U LLC Listed on: 05/11/2022

Last Buyer's Agent

Joseph Girgenti

Ben Bay Rlty Co of Ave U LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,264

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Stucco Exterior

Interior Spaces

  • Window Treatments
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Private Driveway
  • Parking Lot

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,264

Lot Details

0

Listing Details

  • Basement Amenities: Partial
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • 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: 2
  • Parking Attributes: 5 Spaces, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Laundry Area, Porch, Stove, Washer, Window Treatments
  • Street Name I D X: 2nd
  • Street Number I D X: 1998
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Block, Brick
  • Exterior: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 172
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R4

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Feb 27, 2023
Sold by
Clemente Gary and Clemente Rhonda L
Bought by
1998 E2 Llc
Seller's Agent
Joseph Santanastaso
Ben Bay Rlty Co of Ave U LLC
Buyer's Agent
Joseph Girgenti
Ben Bay Rlty Co of Ave U LLC
Sold Price
$4,250,000
Current Estimated Value
$4,534,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,658
Avg. Annual Appreciation
2.52%
Original Mortgage
$2,450,000
Outstanding Balance
$2,373,360
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,161,298
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1998 E2 Llc $4,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1998 E2 Llc $2,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $4,250,000 -- $1,111 / Sq Ft
05/11/2022 05/11/22 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 $12,264 $103,500 $30,300 $73,200
2024 $12,264 $65,580 $28,980 $36,600
2023 $11,698 $206,580 $28,980 $177,600
2022 $10,848 $176,100 $28,980 $147,120
2021 $10,171 $150,900 $28,980 $121,920
2020 $11,436 $136,620 $28,980 $107,640
2019 $9,383 $151,080 $28,980 $122,100
2018 $3,940 $48,002 $12,445 $35,557
2017 $5,125 $45,285 $9,473 $35,812
2016 $6,340 $45,285 $8,053 $37,232
2015 $3,189 $44,944 $11,995 $32,949
2014 $3,189 $42,402 $13,578 $28,824
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joseph Santanastaso

    Ben Bay Rlty Co of Ave U LLC

    (718) 372-6442

    1 in this area

    2 Total Sales

    Joseph Santanastaso
    Section Image
  • Joseph Girgenti

    Buyer's Agent in 2023

    Joseph Girgenti

    Ben Bay Rlty Co of Ave U LLC

    (347) 578-0613

    12 in this area

    27 Total Sales

    Joseph Girgenti
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 462495

Brooklyn Board of REALTORS®

APN: 07104-0172

New York Kings County Brooklyn 11223 Gravesend

1998 E 2nd St, Brooklyn, NY

This home is located at 1998 E 2nd St, Brooklyn, NY 11223 since 11 May 2022 and is currently estimated at $4,534,658, approximately $1,185 per square foot. 1998 E 2nd St is a home located in Kings County with nearby schools including P.S. 215 Morris H Weiss, Is 228 David A Boody, and Abraham Lincoln High School.

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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