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

Date Sold: September 4, 2019

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

Est. 44% increase in value since last sale

Current estimated payment $11,915 / mo

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

Remax Top Nest Real Estate Listed on: 03/05/2019

Last Buyer's Agent

Marina Grager

Remax Top Nest Real Estate Listed on: 03/05/2019

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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

3,615 Sq Ft Lot

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
Borough: Brooklyn
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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Sep 2019 - Present 7 Years

Private Individual

Purchase Details

Listed on

Mar 5, 2019

Closed on

Sep 9, 2019

Sold by

Boghosian Missak and Boghosian Zarmine

Bought by

Seller's Agent

Marina Grager

Remax Top Nest Real Estate

Buyer's Agent

Marina Grager

Remax Top Nest Real Estate

Sold Price

$1,365,000

Current Estimated Value

$1,964,000

Estimated Appreciation

$599,000

Original Mortgage

$955,500

Outstanding Balance

$820,279

Interest Rate

3.7%

Mortgage Type

Purchase Money Mortgage

Source: Public Records

Agents Specializing in Kensington, NY

Joseph Fuda

Compass Realty Central Inc

(855) 908-3005

52 Total Sales

3 in Kensington

$1,350,000 Price Range

Joseph Fuda
Victoria Alexander

Realty Collective LLC

(888) 410-6137

33 Total Sales

1 in Kensington

$460,000 Price

Victoria Alexander
Teri Cavanaugh

Corcoran Group

(628) 800-0923

33 Total Sales

1 in Kensington

$2,100,000 Price

Teri Cavanaugh
Jon Goldstein

Hometime Estates LLC

(866) 953-1441

107 Total Sales

1 in Kensington

$385,000 Price

Jon Goldstein
Jamie Heinlein

Compass

(646) 933-1437

117 Total Sales

18 in Kensington

$401K - $690K Price Range

Jamie Heinlein
Hiram Borrero

Revived Residential

(888) 613-3019

34 Total Sales

5 in Kensington

$300K - $1.9M Price Range

Hiram Borrero

See All Agents

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
		$1,365,000	--

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
	Open		$955,500
	Previous Owner	Boghosian Missak	$311,000

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
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

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	$9,927	$103,200	$26,580	$76,620
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
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

MG

Seller's Agent in 2019

Marina Grager

Remax Top Nest Real Estate

(646) 828-6378

Marina Grager

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427753

APN: 05391-0034

New York Kings County Brooklyn 11218 Kensington

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Nearby Homes

518 E 8 St Brooklyn, NY 11218

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Bedrooms and Bathrooms

Parking

Utilities

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Utilities

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Kensington, NY

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map