NOT LISTED FOR SALE

Estimated Value: $1,893,000 - $2,725,000

6 Beds
4 Baths
3,500 Sq Ft
$659/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $2,600,000 $743 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $12,983/month

Highlights

  • Granite Flooring
  • Terrace
  • Multiple cooling system units
  • Jhs 234 Arthur W Cunningham Rated A-
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of August 2024

This beautifully renovated 2-family home in the heart of Gravesend boasts an extensive list of upgrades, making it an exceptional turnkey property. Here are some of the highlights:

ENERGY EFFICIENCY: The house features extra insulation to maintain warmth in winter and coolness in summer, ensuring comfort year-round.
Soundproofing: Soundproof boards have been installed on all floors, enhancing privacy and reducing noise transfer between units.
LUXURIOUS FLOORING: Porcelain and granite flooring adorn the interior, providing durability and a touch of elegance.
CUSTOM GRANITE KITCHENS: Each unit boasts custom granite kitchens equipped with high-end appliances from brands like Sub-Zero, Wolf, and Bosch, ensuring both style and functionality.
RADIANT HEAT: Radiant heating has been installed on all three floors, offering efficient and comfortable warmth during colder months.
AIR CONDITIONING SYSTEMS: The first floor is equipped with split-unit AC for customized cooling, while the second floor enjoys the convenience of central air conditioning.
QUALITY CONSTRUCTION MATERIALS: Quality materials have been used throughout construction, including Anderson Windows, extra steel beams for added support, and a new garage door.
ADDITIONAL FEATURES: The property includes a full attic for extra storage, a two-car detached garage, and separate heating systems for each floor, providing flexibility and convenience.
CONVENIENT LOCATION: Situated steps away from Shaare Zion and other houses of worship, as well as shopping, restaurants, and various modes of public transportation, the location offers both convenience and accessibility.

With its meticulous renovations and prime location, this 2-family home presents an excellent opportunity for comfortable and stylish living.

Last Agent to Sell the Property

Vincent Salino

Wolf Properties Inc Listed on: 02/09/2024

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 1935

Lot Details

  • 2,730 Sq Ft Lot
  • Lot Dimensions are 105 x 26
  • Back Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Granite
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Central Air
  • Ductless Heating Or Cooling System
  • Radiant Heating System
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,200

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 72.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Ductless/Split
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Refrigerator, Stove, Terrace, Washer, Window Treatments
  • Fill Sq Ft Total: 3500
  • Building Stories: 2
  • Street Name I D X: 7th
  • Building Style: Duplex - Up/Down
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Ceramic, Granite
  • Lot Sq Ft: 2730

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 18
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Radiant
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 105
  • Lot Size Width: 26
  • Zoning: R4 OP

Tax Info

  • Flip Tax Amount: 10200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Jul 17, 2024
Sold by
2266 E 7Th Managing Corp and 2266 East 7Th Managing Corp
Bought by
Claire Frastai As Trustee and Robert Frastai 2013 Irrevocable Trust
Seller's Agent
Vincent Salino
Wolf Properties Inc
Buyer's Agent
NON MEMBER
List Price
$2,899,000
Sold Price
$2,600,000
Premium/Discount to List
-$299,000
-10.31%
Current Estimated Value
$2,307,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$292,794
Avg. Annual Appreciation
-8.35%
Original Mortgage
$1,700,000
Outstanding Balance
$1,676,479
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$630,728

Purchase Details

Closed on
Sep 30, 2013
Sold by
Gallina Giuseppina
Bought by
2266 E 7Th Street Managing Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Claire Frastai As Trustee $2,600,000 --
Claire Frastai As Trustee $2,600,000 --
2266 E 7Th Street Managing Corp -- --
2266 E 7Th Street Managing Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claire Frastai As Trustee $1,700,000
Closed Claire Frastai As Trustee $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2024 08/13/24 Sold $2,600,000 -3.7% $743 / Sq Ft
05/02/2024 05/02/24 Price Changed $2,699,000 -3.6% $771 / Sq Ft
03/04/2024 03/04/24 Price Changed $2,799,000 -3.4% $800 / Sq Ft
02/09/2024 02/09/24 For Sale $2,899,000 -- $828 / Sq Ft
02/07/2024 02/07/24 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 $10,722 $113,520 $17,520 $96,000
2024 $10,722 $106,320 $17,520 $88,800
2023 $10,228 $94,920 $17,520 $77,400
2022 $10,054 $77,700 $17,520 $60,180
2021 $10,222 $85,200 $17,520 $67,680
2020 $4,782 $79,560 $17,520 $62,040
2019 $9,013 $79,560 $17,520 $62,040
2018 $8,258 $41,968 $6,900 $35,068
2017 $8,255 $41,968 $8,804 $33,164
2016 $8,326 $41,650 $11,796 $29,854
2015 $4,775 $39,294 $12,926 $26,368
2014 $4,775 $37,070 $11,800 $25,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 479673

Brooklyn Board of REALTORS®

APN: 07158-0018