NOT LISTED FOR SALE

518 E 8 St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,964,000

6 Beds
3 Baths
2,336 Sq Ft
$841/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $1,365,000 $584 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,482/month

Highlights

  • Carpet
  • Ditmas Junior High school Rated A-
  • Back Yard

About This Home

As of September 2019

AMAZING INVESTMENT OR LIVE-IN OPPORTUNITY TO OWN A LARGE, DETACHED 3 FAMILY HOME IN THE HEART OF KENSINGTON ON A QUIET TREE LINED BLOCK. THE HOUSE SITS ON A HUGE LOT 30x120.5 WITH A BUILDING SIZE OF 22x50. EACH FLOOR CONSISTS OF 2 BEDROOMS/1 BATH, LIVING ROOM, & DINING ROOM APARTMENT. SECOND FLOOR HAS A FLORIDA ROOM AND THIRD FLOOR HAS A TERRACE. SHARED DRIVEWAY. NEW BOILER, CONVERTED FROM OIL TO GAS 2 YEARS AGO. SHORT WALK TO TRANSPORTATION AND HOUSES OF WORSHIP. 15 MINUTES TO MANHATTAN. GREAT OPPORTUNITY TO MAKE IT YOUR OWN!

Last Agent to Sell the Property

Marina Grager

Top Nest Inc Listed on: 03/05/2019

Last Buyer's Agent

Marina Grager

Top Nest Inc Listed on: 03/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1910

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 120 x 30
  • Back Yard

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Shared Driveway

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Insurance Expense $2,500

Listing and Financial Details

  • Tax Block 5391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Beds Total Level3: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1100
  • Building Length: 50.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Dimtas Ave.
  • Cross Street Name2: Cortelyou Rd.
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2336
  • Building Stories: 3
  • Street Name I D X: 8
  • Street Number I D X: 518
  • Waterfront Present: No
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpeting
  • Lot Sq Ft: 3615

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Other
  • Lot Number: 34
  • Roof: Shingle

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 30
  • Zoning: R5

Multi Family

  • Insurance Expense: 2500.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 7000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Sep 9, 2019
Sold by
Boghosian Missak and Boghosian Zarmine
Bought by
Shadath Mohammad and Sultana Moshammat
Seller's Agent
Marina Grager
Top Nest Inc
Buyer's Agent
Marina Grager
Top Nest Inc
Sold Price
$1,365,000
Current Estimated Value
$1,964,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,000
Original Mortgage
$955,500
Outstanding Balance
$844,057
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Shadath Mohammad $1,365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadath Mohammad $955,500
Previous Owner Boghosian Missak $311,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $1,365,000 -- $584 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $9,366 $78,480 $26,580 $51,900
2024 $9,366 $92,340 $26,580 $65,760
2023 $8,934 $81,900 $26,580 $55,320
2022 $8,385 $77,520 $26,580 $50,940
2021 $8,839 $79,320 $26,580 $52,740
2020 $6,629 $66,300 $26,580 $39,720
2019 $7,836 $66,660 $26,580 $40,080
2018 $7,176 $36,660 $11,461 $25,199
2017 $6,835 $35,001 $15,757 $19,244
2016 $6,687 $35,001 $19,430 $15,571
2015 $3,763 $34,323 $20,444 $13,879
2014 $3,763 $32,382 $22,066 $10,316
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marina Grager

    Top Nest Inc

    (646) 828-6378

    1 Total Sale

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427753

Brooklyn Board of REALTORS®

APN: 05391-0034

New York Kings County Brooklyn 11218 Kensington

518 E 8 St, Brooklyn, NY

This home is located at 518 E 8 St, Brooklyn, NY 11218 since 05 March 2019 and is currently priced at $1,964,000, approximately $840 per square foot. This property was built in 1910. 518 E 8 St is a home located in Kings County with nearby schools including Ps 217 Colonel David Marcus School, Ditmas Junior High school, and Brooklyn Dreams Charter School.

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.

Brooklyn Board of REALTORS® 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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