NOT LISTED FOR SALE

2349 W 12 St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,244,000 - $1,646,000

-- Bed
3 Baths
1,930 Sq Ft
$722/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $920,000 $477 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,295/month

Highlights

  • Back and Side Yard
  • 4-minute walk to Bay 50 Street
  • Heating System Uses Steam
  • Tile Flooring
  • Multiple cooling system units
  • 4-minute walk to Marlboro Playground

About This Home

As of March 2019

2 Residential Units on lot 30x100. 3 level + basement. Legal 3 family. Upgrade Utilities. Huge investment Opportunity. Will be delivered Vacant. Access to Public Transportation D Line. Slump Pump installed.

Last Agent to Sell the Property

Mitchell Duong

Momentum Real Estate LLC Listed on: 11/19/2018

Last Buyer's Agent

Xiao Yang

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,326

Lot Details

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

Home Design

  • 1,930 Sq Ft Home
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,326

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 805
  • Building Length: 35.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave X
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 1930
  • Street Name I D X: 12
  • Street Number I D X: 2349
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Laminate, Tile
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back, Side
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Block
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

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

Tax Info

  • Flip Tax Amount: 5326.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Mar 14, 2019
Sold by
Rizzo Lawrence
Bought by
Yong Wai Llc
Seller's Agent
Mitchell Duong
Momentum Real Estate LLC
Buyer's Agent
Xiao Yang
RE/MAX Real Estate Professiona
Sold Price
$920,000
Current Estimated Value
$1,393,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,333
Avg. Annual Appreciation
6.65%
Original Mortgage
$552,000
Outstanding Balance
$487,261
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$906,072

Purchase Details

Closed on
Jul 16, 2012
Sold by
Rizzo Jean
Bought by
Rizzo Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.61%

Purchase Details

Closed on
Dec 16, 1982
Sold by
Galatioto Mario
Bought by
Rizzo Jean and Rizzo Larry
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
Yong Wai Llc $920,000 --
Rizzo Lawrence -- --
Rizzo Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yong Wai Llc $552,000
Previous Owner Rizzo Lawrence $500,000
Previous Owner Rizzo Lawrence $25,400
Previous Owner Rizzo Lawrence $200,000
Previous Owner Rizzo Jean $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $920,000 -- $477 / Sq Ft
11/19/2018 11/19/18 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 $8,436 $43,920 $14,640 $29,280
2024 $8,436 $42,000 $14,640 $27,360
2023 $8,233 $43,740 $15,240 $28,500
2022 $5,908 $31,080 $11,700 $19,380
2021 $5,881 $28,920 $11,700 $17,220
2020 $2,924 $29,280 $11,700 $17,580
2019 $5,761 $27,540 $11,700 $15,840
2018 $5,326 $26,126 $11,552 $14,574
2017 $5,014 $24,661 $11,644 $13,017
2016 $1,707 $23,288 $11,674 $11,614
2015 $964 $23,288 $11,674 $11,614
2014 $964 $23,064 $11,562 $11,502
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Duong

    Seller's Agent in 2019

    Mitchell Duong

    Momentum Real Estate LLC

    (718) 382-0005

    2 in this area

    22 Total Sales

    Mitchell Duong
    Section Image
  • Xiao Yang

    Buyer's Agent in 2019

    Xiao Yang

    RE/MAX

    (646) 625-9462

    4 in this area

    16 Total Sales

    Xiao Yang
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425310

Brooklyn Board of REALTORS®

APN: 07162-0055

New York Kings County Brooklyn 11223 Gravesend

2349 W 12 St, Brooklyn, NY

This home is located at 2349 W 12 St, Brooklyn, NY 11223 since 19 November 2018 and is currently estimated at $1,393,333, approximately $721 per square foot. 2349 W 12 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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