Maria Lindh
Next Level Real Estate NY
(516) 518-6605
51 Total Sales
1 in Gravesend
$1,550,000 Price
289 Avenue S Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $797,382
Studio
--
Bath
1,280
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Hot Water Heating System
- Back Yard
About This Home
As of June 2025**Prime Mixed-Use Property in Gravesend – A Fantastic Opportunity Awaits!**
Explore this well-maintained mixed-use property located in the vibrant heart of Gravesend! Recently renovated, this property offers a finished basement and updated electrical systems, making it an excellent choice for a wide range of businesses, whether you’re looking to open a retail shop, office, or service-based operation. The spacious layout provides the flexibility to customize the space to fit your business needs. Additionally, there’s potential to add another floor, which means you can expand your operations and maximize your investment. This versatility makes it a perfect opportunity for entrepreneurs and investors alike. Situated in a prime location, this property enjoys high visibility and significant foot traffic, making it an ideal spot for attracting customers. The surrounding area is bustling with activity, providing a strong customer base for your business. The motivated seller is eager to negotiate, and the cooperative listing agent is ready to assist you throughout the buying process to ensure a smooth experience. This is a rare opportunity to own a piece of real estate in one of Brooklyn’s most sought-after neighborhoods. Don’t miss your chance to make your business dreams a reality! Schedule your showing today and discover all the possibilities this property has to offer!
Last Buyer's Agent
NON MEMBER
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Property Details
Property Type
- Other
Est. Annual Taxes
- $5,592
Year Built
- Built in 1930
Lot Details
- 930 Sq Ft Lot
- Lot Dimensions are 45 x 20
- Irregular Lot
- Back Yard
- Property is zoned R4-1
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 1,280 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Finished Basement
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
Community Details
- Insurance Expense $1,800
- Gross Income $48,252
- Net Operating Income $36,752
Listing and Financial Details
- Tax Block 6678
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
May 27, 2025
Sold by
Bought by
Seller's Agent
Xiaowei Zou
Momentum Real Estate LLC
Buyer's Agent
NON MEMBER
List Price
$980,000
Sold Price
$810,000
Premium/Discount to List
-$170,000
-17.35%
Views
31
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
-$12,618
Avg. Annual Appreciation
-1.33%
Purchase Details
Closed on
Oct 8, 2017
Sold by
Bought by
Purchase Details
Closed on
May 2, 2016
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gravesend, NY
-
Maria Lindh
-
Ana Chan
Ana Chan
Wagner & Kelly Inc
(516) 874-6576
41 Total Sales
1 in Gravesend
$1,300,000 Price
-
Maurice Molcho
Maurice Molcho
American Homes Group
(917) 397-0054
109 Total Sales
1 in Gravesend
$4,350,000 Price
-
Maria 'Melinda' Micciola
Maria 'Melinda' Micciola
RE/MAX Elite
(914) 677-2599
39 Total Sales
1 in Gravesend
$925,000 Price
-
Fran Reali
Fran Reali
Safari Realty
(347) 934-6719
100 Total Sales
3 in Gravesend
$420K - $3.6M Price Range
-
Linda Fontana
Linda Fontana
Douglas Elliman Real Estate
(855) 740-1798
8 Total Sales
1 in Gravesend
$1,050,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $810,000 | -- | ||
| $660,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $370,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $810,000 | -10.0% | $633 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $899,999 | -8.2% | $703 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $980,000 | -- | $766 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,927 | $81,000 | $9,960 | $71,040 |
| 2025 | $5,592 | $80,820 | $9,960 | $70,860 |
| 2024 | $5,592 | $65,400 | $9,960 | $55,440 |
| 2023 | $5,334 | $57,780 | $9,960 | $47,820 |
| 2022 | $5,192 | $45,360 | $9,960 | $35,400 |
| 2021 | $5,473 | $40,740 | $9,960 | $30,780 |
| 2019 | $4,853 | $33,840 | $9,960 | $23,880 |
| 2017 | $4,418 | $21,672 | $7,327 | $14,345 |
| 2016 | $4,332 | $21,672 | $7,495 | $14,177 |
| 2015 | $2,466 | $20,494 | $7,767 | $12,727 |
| 2014 | $2,466 | $19,334 | $8,793 | $10,541 |
Source: Public Records
Agents Affiliated with this Home
-
Xiaowei Zou
X
Seller's Agent in 2025
Xiaowei Zou
Momentum Real Estate LLC
(917) 929-9689
4 in this area
31 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 487415
APN: 06678-0032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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