NOT LISTED FOR SALE

Estimated Value: $1,316,000 - $1,528,000

7 Beds
6 Baths
3,063 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $1,235,000 $403 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,879/month

Highlights

  • Wood Flooring
  • 4-minute walk to Bay 50 Street
  • Baseboard Heating
  • Terrace
  • 1 Car Attached Garage
  • 5-minute walk to Marlboro Playground

About This Home

As of February 2021

Newly brick legal 3 family home in Gravesend location, one block to D train. Recently built in 2007, move-in condition! 1st unit: the first floor has 2 bedrooms, living room, kitchen, two full baths and a walk-in closet which can be converted to a bedroom. 2nd unit: the 2nd floor has 2 bedrooms, living room, kitchen with access to balcony, two full baths and a walk-in closet which can be converted to a bedroom. 3rd unit: the 3rd floor has 3 bedrooms, living room, eat- in kitchen with access to private balcony, two full baths and a walk-in closet which can be converted to a bedroom. There is also a full basement. all three separate heat and hot water systems. Seller motivated to hear all qualified offers.

Last Agent to Sell the Property

Allen Luo

Re Max Team Listed on: 10/29/2020

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,577

Year Built

  • Built in 2007

Lot Details

  • 2,208 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 3,063 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport

Outdoor Features

  • Terrace

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Community Storage Space
  • Insurance Expense $1,150

Listing and Financial Details

  • Tax Block 7161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,577

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished, Separate Entrance
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1012
  • Building Length: 46.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue W
  • Cross Street Name2: Avenue X
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Terrace
  • Rooms Total Level1: 5
  • Rooms Total Level2: 5
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3063
  • Building Stories: 3
  • Street Name I D X: 12
  • Street Number I D X: 2368
  • Waterfront Present: No
  • Year Built: 2007
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 2208
  • Total Rooms: 16

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 31
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R5

Multi Family

  • Insurance Expense: 1150.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 10577.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Feb 11, 2021
Sold by
Kwan Kitty Jie Yi Yuan and Yuan Cindy
Bought by
Chen Qiao Ling and Yang Yun Hui
Seller's Agent
Allen Luo
Re Max Team
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$1,235,000
Current Estimated Value
$1,456,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,577
Avg. Annual Appreciation
3.69%
Original Mortgage
$740,000
Outstanding Balance
$664,309
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$792,268

Purchase Details

Closed on
May 19, 2008
Sold by
2368 West 12Th Street Llc
Bought by
Yuan Cindy and Yuan Kitty Jie

Purchase Details

Closed on
Aug 1, 2006
Sold by
Moshe Asaf
Bought by
2368 West 12Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.71%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Lau Yeung Chung and Lau Yuk Ying
Bought by
Moses I Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.71%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Moses I Development Corp
Bought by
Moshe Assaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.71%
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
Chen Qiao Ling $1,235,000 --
Chen Qiao Ling $1,235,000 --
Yuan Cindy $860,000 --
Yuan Cindy $860,000 --
2368 West 12Th Street Llc -- --
2368 West 12Th Street Llc -- --
Moses I Development Corp $530,000 --
Moses I Development Corp $530,000 --
Moshe Assaf $650,000 --
Moshe Assaf $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qiao Ling $740,000
Closed Chen Qiao Ling $740,000
Previous Owner Poon Vincent $4,671
Previous Owner Moses I Development Corp $585,000
Previous Owner Moshe Assaf $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $1,235,000 -- $403 / Sq Ft
10/29/2020 10/29/20 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 $12,043 $101,400 $12,720 $88,680
2024 $12,043 $94,920 $12,720 $82,200
2023 $12,086 $83,880 $12,720 $71,160
2022 $11,208 $81,660 $12,720 $68,940
2021 $11,147 $64,920 $12,720 $52,200
2020 $5,227 $59,400 $12,720 $46,680
2019 $10,453 $59,400 $12,720 $46,680
2016 $8,824 $44,138 $9,986 $34,152
2015 $5,825 $41,640 $14,160 $27,480
2014 $5,825 $41,640 $14,160 $27,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444965

Brooklyn Board of REALTORS®

APN: 07161-0031