NOT LISTED FOR SALE

2525 E 14th St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $1,318,000 - $1,686,536

7 Beds
5 Baths
-- Sq Ft
1963 Built

Last Sold December 29, 2020

Last sale price $1,165,000

Est. 25% increase in value since last sale

Current estimated payment $8,497/month

67 Days on Market

Highlights

  • City View
  • 3-minute walk to Sheepshead Bay
  • Balcony
  • P.S. 254 Dag Hammarskjold Rated A-
  • Terrace
  • Eat-In Kitchen

About This Home

As of December 2020

*** IN CONTRACT ***

CONVERTIBLE THREE FAM HOUSE. BUILDING DIMENSIONS 22 ft x 66.5 ft. LOT DIMENSIONS 25 ft x 100 ft.

3 STORIES. 3 KITCHENS. 7 BEDROOMS. 5 BATHROOMS. 4 PRIVATE OUTDOOR.

Located on a quiet residential street in Sheepshead Bay Brooklyn, this home offers great potential.

Currently configured as a top floor 3 bedroom / 1.5 bath over a 4 bedroom / 2.5 bath duplex, the home includes a full ground level finished basement with separate entrance, that includes a kitchen. Easily convertible to a 3 unit home, condominium conversion or 1031 exchange.

The house includes a 1 car garage and private driveway that will accommodate a 2nd car.

Upgrades include a new roof in 2010, new siding, new boiler, hot water heater and washer/dryer in 2012. There is also a Sloman's Shield alarm system in place.

Conveniently located within close proximity to multiple retail and restaurant options including Emmons Avenue, Sheepshead Bay Road & Coney Island Avenue, Gravesend Neck Road & Avenue Y, you are a short distance to Brighton Beach & Coney Island. Convenient to the Belt Parkway.

Less than two (2) blocks to Q & B train you are 40 minutes to downtown Manhattan. Several bus lines include B36, B4, B49 & B44.

Upside rental potential. Will be delivered vacant. Sale as is.

*** FACE MASKS REQUIRED FOR ALL SCHEDULED APPOINTMENTS ***

Last Agent to Sell the Property

Frances Wilson

Bond New York Properties LLC License #10401221757 Listed on: 09/18/2020

Bond New York Properties LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Parking

  • Garage

Interior Spaces

  • 3-Story Property
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Additional Features

  • Garden
  • Window Unit Cooling System

Community Details

Overview

  • 2 Units
  • Sheepshead Bay Subdivision

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Ave Y
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1963

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 29, 2020
Sold by
Esther F Goodman As Trustee
Bought by
2525 Management Llc
Seller's Agent
Frances Wilson
Bond New York Properties LLC
List Price
$1,165,000
Sold Price
$1,165,000
Current Estimated Value
$1,454,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,134
Avg. Annual Appreciation
4.46%
Original Mortgage
$660,000
Outstanding Balance
$586,349
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$867,785

Purchase Details

Closed on
Aug 6, 2007
Sold by
Gross Alex
Bought by
Gross Martin and Gross Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2525 Management Llc $1,165,000 --
Gross Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2525 Management Llc $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $1,165,000 0.0% --
10/02/2020 10/02/20 Off Market $1,165,000 -- --
08/26/2020 08/26/20 For Sale $1,165,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $11,357 $91,440 $12,900 $78,540
2024 $11,357 $72,240 $12,900 $59,340
2023 $10,834 $75,240 $12,900 $62,340
2022 $10,650 $72,120 $12,900 $59,220
2021 $10,617 $60,360 $12,900 $47,460
2020 $4,649 $71,400 $12,900 $58,500
2019 $9,198 $66,840 $12,900 $53,940
2018 $8,403 $44,456 $8,875 $35,581
2017 $8,416 $44,456 $9,833 $34,623
2016 $7,783 $42,039 $10,449 $31,590
2015 $4,620 $39,660 $14,340 $25,320
2014 $4,620 $39,269 $14,199 $25,070
Source: Public Records

Agents Affiliated with this Home

  • Frances Wilson

    Seller's Agent in 2020

    Frances Wilson

    Bond New York Properties LLC

    (646) 637-6387

    7 Total Sales

    Frances Wilson
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10668353

Real Estate Board of New York (REBNY)

APN: 07435-0068

New York Kings County Brooklyn 11235 Sheepshead Bay

2525 E 14th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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