NOT LISTED FOR SALE

2885 86 St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $883,000 - $1,166,000

4 Beds
3 Baths
1,440 Sq Ft
$705/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $850,000 $590 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,778/month

Highlights

  • Deck
  • 2-minute walk to Gravesend-86 Street
  • Back and Front Yard
  • P.S. 95 - The Gravesend Rated A-
  • Wood Flooring

About This Home

As of February 2019

Legal 2 family being used as a 1 family. Home need TLC, bring your contractors and present all offers

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,601

Lot Details

  • 2,641 Sq Ft Lot
  • Lot Dimensions are 101 x 26
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,601

Lot Details

2,641 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 6th St
  • Cross Street Name2: Vansicklen S
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 1440
  • Building Stories: 2
  • Street Name I D X: 86
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2641

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding, Brick
  • Foundation Details: Block
  • Lot Number: 22
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 2641
  • Lot Size Irregular: Yes
  • Lot Size Length: 101
  • Lot Size Width: 26
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4601.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Feb 12, 2019
Sold by
Martinez Jose L and Martinez Joseph L
Bought by
Chen Jian Ling and Chen Yu Yin
Buyer's Agent
NON MEMBER
Sold Price
$850,000
Current Estimated Value
$1,015,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,008
Avg. Annual Appreciation
2.53%
Original Mortgage
$499,000
Outstanding Balance
$436,026
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$578,982

Purchase Details

Closed on
Nov 7, 2005
Sold by
Alleyne and Issac
Bought by
Martinez Joseph L and Resto Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.07%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Aviles Aida M and Martinez Joseph
Bought by
Alleyne Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.05%

Purchase Details

Closed on
Apr 9, 2001
Sold by
Ali Amir S and Ali Imran S
Bought by
Aviles Aida M and Martinez Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.88%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Sphatt Rose and Anemone Ernest
Bought by
Ali Amir S and Ali Imran S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Jian Ling $850,000 --
Chen Jian Ling $850,000 --
Martinez Joseph L $460,000 --
Martinez Joseph L $460,000 --
Alleyne Isaac $410,000 --
Alleyne Isaac $410,000 --
Aviles Aida M -- --
Aviles Aida M -- --
Ali Amir S $140,000 The Title Guarantee Company
Ali Amir S $140,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jian Ling $499,000
Closed Chen Jian Ling $499,000
Previous Owner Martinez Joseph L $92,000
Previous Owner Martinez Joseph L $368,000
Previous Owner Alleyne Isaac $82,000
Previous Owner Alleyne Isaac $328,000
Previous Owner Aviles Aida M $302,400
Previous Owner Ali Amir S $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $850,000 -- $590 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $5,958 $62,940 $13,680 $49,260
2024 $5,958 $53,400 $13,680 $39,720
2023 $5,762 $50,460 $13,680 $36,780
2022 $5,407 $52,440 $13,680 $38,760
2021 $5,700 $51,240 $13,680 $37,560
2020 $2,739 $47,760 $13,680 $34,080
2019 $5,171 $52,080 $13,680 $38,400
2018 $4,820 $23,644 $6,342 $17,302
2017 $4,601 $22,572 $7,098 $15,474
2016 $4,512 $22,572 $8,606 $13,966
2015 $2,568 $21,819 $10,195 $11,624
2014 $2,568 $20,601 $9,626 $10,975
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2019

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422618

Brooklyn Board of REALTORS®

APN: 07168-0022

New York Kings County Brooklyn 11223 Gravesend

2885 86 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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