M
Seller's Agent in 2023
Michelle Oliviero
Ben Bay Realty Co
(917) 992-9918
1 in this area
6 Total Sales
2542 W 2nd St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,230,000 - $1,456,180
5
Beds
3
Baths
2,812
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Private Driveway
- Back Yard
- Heating System Uses Steam
About This Home
As of November 2023Prime Gravesend location! This two family, semi-detached, brick property is an incredible find! The home boasts hardwood and tile floors, 2 spacious apartments, a 2 bedroom walk-in duplex with a summer kitchen and eat-in kitchen, and a 1 bedroom on the top floor, both with plenty of closet and storage space, plentiful amounts of sunlight, a full finished basement with a separate entrance, a back yard, and a private drive with room enough for 2 cars. Amenities include quick and easy access to the multitude of establishments along Ave. X, Ave. Y, Ave. U, and Coney Island Ave., P.S. K721, P.S. 95, P.S. 209, the West Playground, and much more! Transportation options include immediate access to the Ave. X F Train station, the B1, B4, B36, B68, and B3 buses, Ocean Pkwy, and Shore Pkwy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,179
Year Built
- Built in 1965
Lot Details
- 2,950 Sq Ft Lot
- Lot Dimensions are 100 x 29
- Back Yard
Home Design
- 2,812 Sq Ft Home
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Kitchen
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 7213
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2022
Closed on
Nov 3, 2023
Sold by
Mclaughlin Jeanette and Mule Nicole
Bought by
Chang Hong
Seller's Agent
Michelle Oliviero
Ben Bay Realty Co
Buyer's Agent
Christine Olivieri
Ben Bay Realty Co
List Price
$1,688,000
Sold Price
$1,300,000
Premium/Discount to List
-$388,000
-22.99%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,045
Avg. Annual Appreciation
1.89%
Original Mortgage
$799,000
Outstanding Balance
$787,237
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$556,730
Purchase Details
Closed on
Aug 21, 2012
Sold by
Bongiorno Lillie and Mclaughlin Jeanette
Bought by
Bongiorno Lillie and Mclaughlin Jeanette
Purchase Details
Closed on
Jun 12, 1998
Sold by
Scola Stephen
Bought by
Mclaughlin Jeanette and Bongiorno Lillie
Purchase Details
Closed on
Jan 7, 1997
Sold by
Scola Lorenza
Bought by
Scola Lorenza and Scola Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Hong | $1,300,000 | -- | |
| Chang Hong | $1,300,000 | -- | |
| Bongiorno Lillie | -- | -- | |
| Bongiorno Lillie | -- | -- | |
| Mclaughlin Jeanette | $315,000 | -- | |
| Mclaughlin Jeanette | $315,000 | -- | |
| Scola Lorenza | -- | Titleserv | |
| Scola Lorenza | -- | Titleserv |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Hong | $799,000 | |
| Closed | Chang Hong | $799,000 | |
| Previous Owner | Bongiorno Lillie | $604,000 | |
| Previous Owner | Bongiorno Lillie | $387,000 | |
| Previous Owner | Bongiorno Lillie | $425,000 | |
| Previous Owner | Mclaughlin Jeanette | $27,000 | |
| Previous Owner | Scola Lorenza | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2023 11/03/23 | Sold | $1,300,000 | -7.1% | $462 / Sq Ft |
| 06/14/2023 06/14/23 | Price Changed | $1,399,999 | -11.8% | $498 / Sq Ft |
| 04/26/2023 04/26/23 | Price Changed | $1,588,000 | -5.9% | $565 / Sq Ft |
| 02/03/2023 02/03/23 | For Sale | $1,688,000 | +29.8% | $600 / Sq Ft |
| 02/01/2023 02/01/23 | Off Market | $1,300,000 | -- | -- |
| 01/03/2023 01/03/23 | Price Changed | $1,688,000 | -11.1% | $600 / Sq Ft |
| 11/06/2022 11/06/22 | Price Changed | $1,899,000 | -4.5% | $675 / Sq Ft |
| 10/03/2022 10/03/22 | For Sale | $1,988,888 | -- | $707 / Sq Ft |
| 10/03/2022 10/03/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $11,696 | $79,680 | $15,780 | $63,900 |
| 2024 | $11,696 | $75,780 | $15,780 | $60,000 |
| 2023 | $10,874 | $80,460 | $15,780 | $64,680 |
| 2022 | $10,681 | $74,460 | $15,780 | $58,680 |
| 2021 | $11,179 | $57,480 | $15,780 | $41,700 |
| 2020 | $5,233 | $69,720 | $15,780 | $53,940 |
| 2019 | $9,859 | $65,520 | $15,780 | $49,740 |
| 2018 | $9,035 | $45,784 | $8,236 | $37,548 |
| 2017 | $9,033 | $45,784 | $11,770 | $34,014 |
| 2016 | $8,773 | $45,437 | $15,765 | $29,672 |
| 2015 | $4,990 | $42,866 | $17,506 | $25,360 |
| 2014 | $4,990 | $40,440 | $16,515 | $23,925 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Christine Olivieri
Ben Bay Realty Co
(917) 443-3460
2 in this area
56 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 466960
APN: 07213-0025
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