NOT LISTED FOR SALE

Estimated Value: $1,150,115 - $1,536,000

-- Bed
-- Bath
1,443 Sq Ft
$881/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $1,270,000 $880 Per Sq Ft

Current estimated payment $7,625/month

124 Days on Market

Highlights

  • 1-Story Property
  • 5-minute walk to Bay 50 Street
  • 4-minute walk to Marlboro Playground

About This Home

As of January 2020

Welcome to 2366 West 11th Street. This home is a semi-detached legal 2 family brick house on an impressive 40 x 100 lot. The building is currently configured as a first floor 4 bedroom and 1-bathroom apartment, a second floor 4 bedroom and one a half bathroom apartment, as well as a finished basement with a separate back entrance. Renovations to both units include new flooring, new kitchens, and new bathrooms. The finished basement has been renovated including new flooring as well as two new boilers. The private driveway is 22 feet wide with a covered 3 car garage. Owner has approved plans to turn the existing building into a 4 family residence. There is also potential to build on the adjacent lot to create an additional building. Fantastic potential for a developer or end user looking additional rental income. This home is located close to the N train at 86th Street Subway Station, amazing restaurants, shopping and amenities on 86th Street.

Last Agent to Sell the Property

Gavriel Ilyabayev

Douglas Elliman Real Estate License #10301217187 Listed on: 07/12/2019

Douglas Elliman Real Estate

Co-Listed By

Rebecca Goldberg

Douglas Elliman Real Estate License #10301216846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,540

Year Built

  • Built in 1930

Lot Details

  • 4,008

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • Gravesnd Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / 7162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,540

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: W 11 St and W12 St
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GRAVESND
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 1
  • Year Built: 1930

Tax Info

  • Tax Block: 7162
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jan 28, 2020
Sold by
2366 West 11Th Street Dmcm Llc
Bought by
2361 H Z Llc
Seller's Agent
Gavriel Ilyabayev
Douglas Elliman Real Estate
List Price
$1,599,000
Sold Price
$1,270,000
Premium/Discount to List
-$329,000
-20.58%
Current Estimated Value
$1,271,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279
Avg. Annual Appreciation
0.02%
Original Mortgage
$742,500
Outstanding Balance
$660,548
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$610,731

Purchase Details

Closed on
Feb 5, 2016
Sold by
Hardy Emily and Mitchell Carl A
Bought by
2366 West 11Th Street Dmcm Llc

Purchase Details

Closed on
Sep 26, 2015
Sold by
Chisolm Charles and Chisolm-Mitchell Donna M
Bought by
Hardy Emily and Mitchell Carl A

Purchase Details

Closed on
Jul 7, 2015
Sold by
Chisolm Charles
Bought by
Chisolm Charles and Chisolm-Mitchell Donna M

Purchase Details

Closed on
Mar 8, 2012
Sold by
Chisolm-Mitchell Donna M and Mitchell Carl A
Bought by
Chisolm Charles

Purchase Details

Closed on
Feb 1, 2007
Sold by
Crawford Ralph S
Bought by
Chisolm-Mitchell Donna M and Mitchell Carl A

Purchase Details

Closed on
Sep 15, 2006
Sold by
Cadlot Development Llc
Bought by
Crawford Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.52%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Chin Wei Cheung
Bought by
Cadlot Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.73%

Purchase Details

Closed on
Feb 14, 2005
Sold by
Chan Mau Hing
Bought by
Chin Wei Cheung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Kll Realty Of New York Inc
Bought by
Chan Mau Hing

Purchase Details

Closed on
Oct 24, 2000
Sold by
Lin Xing
Bought by
Kll Realty Of New York Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.81%
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
2361 H Z Llc $1,270,000 --
2366 West 11Th Street Dmcm Llc -- --
Hardy Emily -- --
Chisolm Charles -- --
Chisolm Charles -- --
Chisolm Charles -- --
Chisolm-Mitchell Donna M -- --
Chisolm-Mitchell Donna M -- --
Crawford Ralph $650,000 --
Crawford Ralph $650,000 --
Cadlot Development Llc $970,000 --
Cadlot Development Llc $970,000 --
Chin Wei Cheung $920,000 --
Chin Wei Cheung $920,000 --
Chan Mau Hing $840,000 --
Chan Mau Hing $840,000 --
Kll Realty Of New York Inc $375,000 Stewart Title
Kll Realty Of New York Inc $375,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2361 H Z Llc $742,500
Previous Owner Chisolm Charles $938,250
Previous Owner Crawford Ralph $130,000
Previous Owner Crawford Ralph $520,000
Previous Owner Cadlot Development Llc $620,000
Previous Owner Chin Wei Cheung $100,000
Previous Owner Kll Realty Of New York Inc $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $1,270,000 -20.6% $880 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $1,599,000 -- $1,108 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,540 $52,560 $18,660 $33,900
2024 $8,540 $61,860 $18,660 $43,200
2023 $8,635 $56,340 $18,660 $37,680
2022 $7,648 $61,740 $18,660 $43,080
2021 $7,971 $49,320 $18,660 $30,660
2020 $7,605 $46,740 $18,660 $28,080
2019 $7,412 $46,740 $18,660 $28,080
2018 $7,223 $35,432 $12,176 $23,256
2017 $6,858 $33,640 $12,251 $21,389
2016 $2,865 $31,736 $14,644 $17,092
2015 $3,439 $29,940 $15,540 $14,400
2014 $3,439 $29,527 $15,326 $14,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10588103

Real Estate Board of New York (REBNY)

APN: 07162-0032