J
Seller's Agent in 2024
Joseph Pasquarello IV
Ozana Realty Group
(718) 887-6695
1 in this area
2 Total Sales
2575 E 1st St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,341,000 - $1,695,000
5
Beds
2
Baths
2,500
Sq Ft
$627/Sq Ft
Est. Value
Highlights
- 1 Car Attached Garage
- Cooling Available
- Hot Water Baseboard Heater
About This Home
As of June 2024Discover a fantastic opportunity to own this versatile 2-family home in the highly sought-after Gravesend neighborhood of Brooklyn. Meticulously maintained and updated by its current owners, this gorgeous home is currently set up as a 2-family residence. The main residence is a true gem, featuring 3 bedrooms, 2 updated baths, and a renovated eat-in kitchen adorned with granite countertops, under-cabinet lighting, and stainless-steel appliances.
Step inside to find more than just modern amenities - the formal living and dining room boast beautiful hardwood floors, while the family room provides access to the generously sized backyard. Additional features include a full finished basement and an oversized garage with extra cabinets for storage.
The upstairs unit offers 2 bedrooms, 1 bath, and hardwood floors. Its updated kitchen also features granite countertops and stainless-steel appliances.
The all-brick exterior showcases a new paver driveway, new front steps and porch, and custom maintenance-free wrought iron railings. Stainless-steel awnings adorn both the front and back of the home, adding a touch of sophistication.
Conveniently located with close proximity to shopping and transportation, this property is not just a home, but an investment opportunity. With the potential for easy conversion back to 3 units, each with its own entrance, this property offers flexibility and a great return on investment. Don't miss the chance to make this stunning Gravesend residence your own!
Last Agent to Sell the Property
Ozana Realty Group License #10401266323 Listed on: 01/23/2024
Co-Listed By
Danielle Denigris
Ozana Realty Group License #10301220152
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,822
Year Built
- Built in 1965
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x50
Parking
- 1 Car Attached Garage
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,500 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- 220 Volts
- Individual Gas Meter
Community Details
- 3 Units
- Gross Income $2,000
Listing and Financial Details
- Legal Lot and Block 0046 / 07217
- Assessor Parcel Number 07217-0046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2024
Closed on
Jun 17, 2024
Sold by
Clapcich As Trustee Josephine and Gallaro Premises Trust
Bought by
Chen Li Qing and Tang Gene Wei
Seller's Agent
Joseph Pasquarello IV
Ozana Realty Group
Buyer's Agent
Emily Liang
Tiger Realty
List Price
$1,588,000
Sold Price
$1,490,000
Premium/Discount to List
-$98,000
-6.17%
Views
87
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
$76,900
Avg. Annual Appreciation
3.34%
Original Mortgage
$1,043,000
Outstanding Balance
$1,027,826
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,074
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 |
|---|---|---|---|
| Chen Li Qing | $1,490,000 | -- | |
| Chen Li Qing | $1,490,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Li Qing | $1,043,000 | |
| Closed | Chen Li Qing | $1,043,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $1,490,000 | -5.0% | $596 / Sq Ft |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | Price Changed | $1,568,000 | -1.3% | $627 / Sq Ft |
| 01/23/2024 01/23/24 | For Sale | $1,588,000 | -- | $635 / Sq Ft |
Source: Staten Island Multiple Listing Service
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 | $9,506 | $77,700 | $11,520 | $66,180 |
| 2024 | $9,506 | $69,900 | $11,520 | $58,380 |
| 2023 | $9,538 | $75,540 | $11,520 | $64,020 |
| 2022 | $8,821 | $68,760 | $11,520 | $57,240 |
| 2021 | $8,763 | $53,460 | $11,520 | $41,940 |
| 2020 | $6,572 | $59,700 | $11,520 | $48,180 |
| 2019 | $8,202 | $59,700 | $11,520 | $48,180 |
| 2018 | $7,918 | $40,303 | $8,356 | $31,947 |
| 2017 | $7,451 | $38,022 | $8,333 | $29,689 |
| 2016 | $6,861 | $35,870 | $9,050 | $26,820 |
| 2015 | $4,218 | $33,840 | $12,780 | $21,060 |
| 2014 | $4,218 | $33,840 | $12,780 | $21,060 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Pasquarello IV
-
D
Seller Co-Listing Agent in 2024
Danielle Denigris
Ozana Realty Group
-
Emily Liang
Buyer's Agent in 2024
Emily Liang
Tiger Realty
(347) 320-2569
27 in this area
108 Total Sales
-
H
Buyer's Agent in 2024
Hui Ting Liang
Exit Realty Top Properties
-
E
Buyer's Agent in 2024
Emily Hui Chen Liang
JC Classic Home
Map
Source: Staten Island Multiple Listing Service
MLS Number: 2400429
APN: 07217-0046
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