NOT LISTED FOR SALE

2318 Newkirk Ave Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $1,067,000 - $1,304,000

5 Beds
2 Baths
2,166 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $1,175,000 $542 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,881/month

Highlights

  • Wood Flooring
  • Terrace
  • Heating System Uses Steam
  • Ditmas Junior High school Rated A-
  • Multiple cooling system units
  • Laundry Facilities

About This Home

As of March 2020

Recently renovated alluring two family Ditmas Park home. Built in 1901, the owner was able to save many of the homes original details. This modern, sunny and carefully designed home has a two bedroom apartment with an open concept kitchen living room perfect for entertaining guests. The sleek efficient kitchen with a dining/living area leads directly to large deck and a meticulously landscaped yard. The second floor can used 3 bedroom rental apartment to help off-set your monthly mortgage. This apartment also has an open concept kitchen living room with a private terrace off the back. Centrally located, this home is under a half mile away from the Newkirk Avenue train station where you can catch the 2 and 5 trains. Half a mile away from the Newkirk Plaza train station where you can catch the B and Q train.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Lot Details

  • 2,166 Sq Ft Lot
  • Lot Dimensions are 92 x 23
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,166 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2916
  • Building Length: 54.00
  • Building Width: 54.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 23rd Street
  • Cross Street Name2: Flatbush Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Laundry Area, Terrace
  • Fill Sq Ft Total: 2166
  • Street Name I D X: Newkirk
  • Street Number I D X: 2318
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2166
  • Total Rooms: 11

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 176
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 92
  • Lot Size Width: 23
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 5691.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Mar 31, 2020
Sold by
Lubrano Daniel
Bought by
Bacigalupo Marie and Bacigalupo Robert
Sold Price
$1,175,000
Current Estimated Value
$1,198,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,325
Avg. Annual Appreciation
0.35%
Original Mortgage
$411,250
Outstanding Balance
$364,318
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$834,007

Purchase Details

Listed on
May 30, 2017
Closed on
Dec 15, 2017
Sold by
Lance George and Lance Mamie
Bought by
Lubrano Daniel
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$760,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Lance George
Bought by
Lance George and Lance Mamie
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
Bacigalupo Marie $1,175,000 --
Bacigalupo Marie $1,175,000 --
Lubrano Daniel $950,000 --
Lubrano Daniel $950,000 --
Lance George -- --
Lance George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacigalupo Marie $411,250
Closed Bacigalupo Marie $411,250
Previous Owner Lubrano Daniel $760,000
Closed Lance George $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2020 03/31/20 Sold $1,175,000 +23.7% $542 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
12/18/2017 12/18/17 Sold $950,000 -- $446 / Sq Ft View Prior Sale
05/30/2017 05/30/17 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 $6,558 $60,420 $23,640 $36,780
2024 $6,558 $71,100 $23,640 $47,460
2023 $6,256 $82,680 $23,640 $59,040
2022 $5,802 $87,300 $23,640 $63,660
2021 $6,116 $67,380 $23,640 $43,740
2020 $3,017 $69,360 $23,640 $45,720
2019 $5,692 $69,360 $23,640 $45,720
2018 $5,233 $25,670 $12,084 $13,586
2017 $4,937 $24,218 $11,987 $12,231
2016 $4,841 $24,218 $10,757 $13,461
2015 $2,756 $24,033 $15,016 $9,017
2014 $2,756 $22,674 $17,005 $5,669
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 434276

Brooklyn Board of REALTORS®

APN: 05223-0176

New York Kings County Brooklyn 11226 Flatbush

2318 Newkirk Ave, Brooklyn, NY

This home is located at 2318 Newkirk Ave, Brooklyn, NY 11226 since 24 October 2019 and is currently estimated at $1,198,325, approximately $553 per square foot. 2318 Newkirk Ave is a home located in Kings County with nearby schools including School of Science and Technology, P.S. 315, and Ditmas Junior High school.

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