NOT LISTED FOR SALE

2323 W 12th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,324,000 - $1,678,388

8 Beds
4 Baths
3,856 Sq Ft
$398/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $1,470,000 $381 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,498/month

Highlights

  • Wood Flooring
  • 5-minute walk to Bay 50 Street
  • Private Driveway
  • 3 Car Attached Garage
  • Back and Side Yard
  • 4-minute walk to Marlboro Playground

About This Home

As of September 2023

Detached 2-Family Brick Home in Gravesend Area. Building size 27 x 52 on a 40 x 100 lot. R5 Zoning. First level features a 2 Bedroom Unit with a Full Bath. 2nd level is a 4 Bedroom Unit with 2 Full Baths. 3rd Floor is also a 4 Bedroom unit with 2 Full Baths. Great for end user or investment property for rental income. Public Transportation B64 Bus and D Train Nearby. Property can be delivered Vacant.

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC Listed on: 03/17/2023

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,678

Year Built

  • Built in 1955

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back and Side Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,856 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Private Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,678

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1404
  • Building Length: 52.00
  • Building Width: 27.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue W
  • Cross Street Name2: Shore Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 3856
  • Building Stories: 3
  • Street Name I D X: 12th
  • Street Number I D X: 2323
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 4000
  • Total Rooms: 12

Exterior Features

  • Yard: Back, Side
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 66
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 12678.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Cheung Kwan Ho
Bought by
Kwan Ho Cheung Irrevocable Trust and Zhang
Current Estimated Value
$1,534,847

Purchase Details

Listed on
Mar 17, 2023
Closed on
Sep 15, 2023
Sold by
Cao Guo Fu and Cao Guo Hua
Bought by
Cheung Kwan Ho
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
List Price
$1,499,000
Sold Price
$1,470,000
Premium/Discount to List
-$29,000
-1.93%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$735,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2017
Sold by
Cao Qiu Lin and Cao Yuan Qun
Bought by
Cao Guo Fu and Cao Guo Hua

Purchase Details

Closed on
Dec 15, 2006
Sold by
Cao Qiu Lin and Cho Ma Chung
Bought by
Cao Qiu Lin and Cao Yuan Qun

Purchase Details

Closed on
Jan 22, 1997
Sold by
Cho Ma Chung and Cao Qiu Lin
Bought by
Tso Michael M C and Cho Ma Chung
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
Kwan Ho Cheung Irrevocable Trust -- --
Kwan Ho Cheung Irrevocable Trust -- --
Cheung Kwan Ho $1,470,000 --
Cheung Kwan Ho $1,470,000 --
Cao Guo Fu -- --
Cao Guo Fu -- --
Cao Qiu Lin -- --
Cao Qiu Lin -- --
Tso Michael M C $6,000 --
Tso Michael M C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheung Kwan Ho $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $1,470,000 -1.9% $381 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,499,000 -- $389 / 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 $13,622 $94,380 $21,600 $72,780
2024 $13,622 $90,960 $21,600 $69,360
2023 $13,671 $104,700 $21,600 $83,100
2022 $12,678 $102,360 $21,600 $80,760
2021 $12,608 $79,020 $21,600 $57,420
2020 $5,913 $84,420 $21,600 $62,820
2019 $11,823 $84,420 $21,600 $62,820
2018 $11,435 $56,096 $14,231 $41,865
2017 $7,252 $52,921 $16,424 $36,497
2016 $4,680 $49,926 $16,956 $32,970
2015 $2,958 $47,100 $20,580 $26,520
2014 $2,958 $47,100 $20,580 $26,520
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

    278 Total Sales

    Minnie Lin
    Section Image
  • Phoebe Burger

    Buyer's Agent in 2023

    Phoebe Burger

    Ben Bay Realty Co

    (917) 385-1719

    14 in this area

    128 Total Sales

    Phoebe Burger
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472598

Brooklyn Board of REALTORS®

APN: 07162-0066

New York Kings County Brooklyn 11223 Gravesend

2323 W 12th St, Brooklyn, NY

This home is located at 2323 W 12th St, Brooklyn, NY 11223 since 17 March 2023 and is currently estimated at $1,534,847, approximately $398 per square foot. This property was built in 1955. 2323 W 12th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, 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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