NOT LISTED FOR SALE

2668 E 11th St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $1,032,000 - $1,376,000

6 Beds
4 Baths
2,200 Sq Ft
$552/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $720,000 $327 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,058/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • 1 Car Garage
  • Separate Formal Living Room
  • Eat-In Kitchen
  • 4-minute walk to Homecrest Playground

About This Home

As of May 2019

Estate sale, 2 family home with 4 electric meters & 2 gas meters. House is vacant and in need of a complete gut renovation. Lots of investment potential here. Buyer should consult architect for development possibilities including possible conversion to a 3 family. House is 20x55 w/lots of square footage & potential development on a 30x100 lot in prime Sheepshead Bay area. Close to the Belt parkway, shopping, transportation, schools. Lots of development currently taking place in this area. Buyer must do their due diligence with respect to condition of property and potential developement

Last Agent to Sell the Property

James Finnegan

Moller Realty, Inc. Listed on: 04/03/2019

Last Buyer's Agent

James Finnegan

Keller Williams Realty Staten Island License #40FI0918885

Keller Williams Realty Staten Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,391

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Fenced
  • Back Yard

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 0035 / 07454
  • Assessor Parcel Number 07454-0035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,391

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 30x100
  • Directions: Mapquest
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1930
  • General Property Info:Style2: Colonial
  • General Property Info:_three_4 Baths: 2
  • General Property Info:Public Remarks3: Estate sale, 2 family home with 4 electric meters & 2 gas meters. House is vacant and in need of a complete gut renovation. Lots of investment potential here. Buyer should consult architect for development possibilities including possible conversion to a 3 family. House is 20x55 w/lots of square footage & potential development on a 30x100 lot in prime Sheepshead Bay area. Close to the Belt parkway, shopping, transportation, schools. Lots of development currently taking place in this area. Buyer must do their due diligence with respect to condition of property and potential developement
  • ContractLocation Information:List PriceSqFt2: 386.36
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Poor
  • General Property Info:Fireplace: No
  • General Property Info:Apartment Desc: 6 room rental with 3 bedrooms & full bath.
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Dining Room:Formal: Yes
  • Living Room:Formal2: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Lot Features: Back
  • Construction Type: Brick
  • Exterior Features: Fence
  • General Property Info:Waterview: No
  • Exterior:Fence: Yes
  • Yard:Back: Yes
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, On Street
  • General Property Info:Garage Location: Detached
  • Parking:Off Street: Yes
  • Parking:On Street: Yes

Utilities

  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • General Property Info Cable: No
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 3000.0
  • Lot Size Units: Square Feet
  • Parcel #: 07454-0035
  • Zoning: R-4
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3000.0
  • General Property Info:Lot Dim: 30x100

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 6391.0
  • Tax Block: 07454
  • Tax Lot: 0035
  • General Property Info:Taxes2: 6391.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 29, 2019
Sold by
South Bend Holdings Llc
Bought by
2668 East 11Th Street Realty Llc
Seller's Agent
James Finnegan
Moller Realty, Inc.
Buyer's Agent
James Finnegan
Keller Williams Realty Staten Island
List Price
$999,999
Sold Price
$720,000
Premium/Discount to List
-$279,999
-28%
Current Estimated Value
$1,215,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,333
Avg. Annual Appreciation
8.20%
Original Mortgage
$200,000
Outstanding Balance
$174,751
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,040,582

Purchase Details

Closed on
Nov 27, 2017
Sold by
Falconite Joseph A
Bought by
South Bend Holdings Llc

Purchase Details

Closed on
Oct 1, 1997
Sold by
Falconite Rose
Bought by
Falconite Rose and Falconite Paul J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2668 East 11Th Street Realty Llc -- --
2668 East 11Th Street Realty Llc -- --
2668 East 11Th Street Realty Llc $720,000 --
2668 East 11Th Street Realty Llc -- --
2668 East 11Th Street Realty Llc $720,000 --
South Bend Holdings Llc $20,000 --
South Bend Holdings Llc $20,000 --
South Bend Holdings Llc $20,000 --
Falconite Rose -- Commonwealth Land Title Ins
Falconite Rose -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2668 East 11Th Street Realty Llc $200,000
Closed 2668 East 11Th Street Realty Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $720,000 -28.0% $327 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $999,999 -- $455 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $8,430 $72,300 $13,260 $59,040
2024 $8,430 $69,240 $13,260 $55,980
2023 $8,066 $84,600 $13,260 $71,340
2022 $5,947 $77,040 $13,260 $63,780
2021 $8,251 $60,000 $13,260 $46,740
2019 $6,898 $58,980 $13,260 $45,720
2018 $6,391 $31,351 $6,617 $24,734
2017 $6,391 $31,351 $8,142 $23,209
2016 $6,220 $31,114 $7,709 $23,405
2015 $3,567 $29,354 $10,794 $18,560
2014 $3,567 $27,693 $10,183 $17,510
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Finnegan

    Moller Realty, Inc.

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1127631

Staten Island Multiple Listing Service

APN: 07454-0035

New York Kings County Brooklyn 11235 Sheepshead Bay

2668 E 11th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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