$850,000

Estimated payment $4,946/month

Total Views 1,442
-- Bed
-- Bath
2,201 Sq Ft
$386 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to Bay 50 Street
  • Back Yard
  • Heating System Uses Steam

About This Home

Presenting a newly renovated mixed-use single-family property in the heart of Gravesend! The first floor formerly operated as a grocery store, while the second floor offers a two-bedroom apartment with a private entrance. Upgrades include new windows, new flooring, and an updated electrical system. Located on an ultra-convenient block, just minutes from the D and N trains. A fantastic opportunity for investors!

Listing Agent

Emily Liang

RE/MAX Real Estate Professionals License #10401235357 Listed on: 05/05/2025

RE/MAX Real Estate Professionals

Co-Listing Agent

FeiFei Lin

Tiger Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • 2,201 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Fuel Expense $3,000
  • Insurance Expense $3,800
  • Utility Expense $420
  • Gross Income $58,800

Listing and Financial Details

  • Tax Block 7161

Property Details

Property Type

Other

Est. Annual Taxes

$5,008

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 828
  • Building Length: 69.00
  • Building Width: 12.00
  • Co List Office Mls Id: 120260
  • Co List Office Phone: (917) 708-9966
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 13th St
  • Cross Street Name2: West 12th St
  • Heat Delivery: Hot Water
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2201
  • Building Stories: 2
  • Street Name I D X: Avenue X
  • Street Number I D X: 29
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Flat, Other

Utilities

  • Electric: 110 V, Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 14028.00
  • Annual Gross Income: 58800
  • Insurance Expense: 3800.00
  • Unit Count: 2
  • Annual Utility Expenses: 420.00

Tax Info

  • Flip Tax Amount: 5008.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,008 $57,360 $9,840 $47,520
2024 $5,008 $54,840 $9,840 $45,000
2023 $4,802 $57,120 $10,260 $46,860
2022 $3,888 $61,320 $10,260 $51,060
2021 $4,099 $59,940 $10,260 $49,680
2020 $3,074 $56,880 $10,260 $46,620
2019 $3,745 $58,320 $10,260 $48,060
2018 $3,430 $19,704 $4,196 $15,508
2017 $3,560 $18,630 $4,288 $14,342
2016 $3,488 $18,630 $4,834 $13,796
2015 $1,566 $18,312 $7,130 $11,182
2014 $1,566 $17,317 $6,742 $10,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $850,000 +25.0% $386 / Sq Ft
12/07/2022 12/07/22 Sold $680,000 -14.9% $309 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $799,000 -11.1% $363 / Sq Ft
10/09/2022 10/09/22 For Sale $899,000 -- $408 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $680,000 --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 492298

Brooklyn Board of REALTORS®

APN: 07161-0043