40 Southgate Ct Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $7,832/month
Highlights
- Ceramic Tile Flooring
- 3-minute walk to Avenue X
- Back Yard
- Heating System Uses Steam
- Laundry Facilities
About This Home
Luxury 3 FAMILY used as 2 family. Gut Renovated needs no work! 1st floor and 2nd floor duplex: 2nd floor is a 2 bedroom / 2 bathroom. Brand new kitchen and bathrooms. Another bedroom on 1st floor. 3rd floor: 2 bedroom, 1 bathroom. Brand new kitchen and bathroom. Shared driveway. Huge backyard. Bldg Size: 16x52 / Lot size: 20x80o Great for investors or 1st time home buyers that need rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,587
Year Built
- Built in 1925
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3 Full Bathrooms
- 2,496 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Dryer
Kitchen
- Microwave
- Dishwasher
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- Tax Block 7174
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,685 | $81,360 | $7,680 | $73,680 |
| 2024 | $7,685 | $72,840 | $7,680 | $65,160 |
| 2023 | $7,335 | $77,460 | $7,680 | $69,780 |
| 2022 | $7,210 | $84,900 | $7,680 | $77,220 |
| 2021 | $7,195 | $77,880 | $7,680 | $70,200 |
| 2020 | $3,374 | $75,120 | $7,680 | $67,440 |
| 2019 | $6,670 | $63,480 | $7,680 | $55,800 |
| 2018 | $6,135 | $30,097 | $4,333 | $25,764 |
| 2017 | $6,135 | $30,097 | $5,306 | $24,791 |
| 2016 | $5,696 | $28,492 | $6,028 | $22,464 |
| 2015 | $3,205 | $26,880 | $8,520 | $18,360 |
| 2014 | $3,205 | $26,572 | $8,422 | $18,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2026 03/11/26 | For Sale | $1,399,000 | +26.0% | $560 / Sq Ft | |
| 08/03/2021 08/03/21 | Sold | $1,110,000 | -- | $445 / Sq Ft | View Prior Sale |
| 02/25/2021 02/25/21 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,110,000 | -- | |
| Deed | $1,110,000 | -- | |
| Deed | $1,110,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $727,846 | -- | |
| Deed | $727,846 | -- | |
| Deed | $727,846 | -- | |
| Deed | $531,881 | -- | |
| Deed | $531,881 | -- | |
| Deed | $531,881 | -- | |
| Deed | $510,000 | -- | |
| Deed | $510,000 | -- | |
| Deed | $510,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $520,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $832,500 | Purchase Money Mortgage | |
| Closed | $832,500 | Purchase Money Mortgage | |
| Previous Owner | $484,000 | No Value Available | |
| Previous Owner | $413,100 | Purchase Money Mortgage | |
| Previous Owner | $0 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 499509
APN: 07174-0084
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Ask me questions while you tour the home.