NOT LISTED FOR SALE

581 E 8th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,734,000 - $2,015,000

9 Beds
3 Baths
3,456 Sq Ft
$543/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2024

Last sale price $1,825,000 $528 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,927 / mo

29 Days on Market

About This Home

As of July 2024

Detached 2-family house nestled in the heart of Kensington. This four-story residence offers flexibility and comfort for a large family or potential rental income. This spacious home offers 2 large bedrooms on the first floor and 3 bedrooms on the second floor along with a large attic, 4 bedrooms and a full bathroom. Full unfinished basement, new boiler, private parking that can park up to 3 cars with a detached garage, this property sells As Is, building size 24x42 and lot size 40x100, min away from F train and B8 bus, close to all shopping and supermarkets. Don't miss out on this opportunity to make this your new home.

Last Agent to Sell the Property

Amy Koh

MYNY Residential Brokerage Phone: 718-921-3100 License #10301214759 Listed on: 04/29/2024

MYNY Residential

Co-Listed By

Xing Yi Li

MYNY Residential Brokerage Phone: 718-921-3100 License #10401333477

Last Buyer's Agent

Amy Koh

MYNY Residential Brokerage Phone: 718-921-3100 License #10301214759 Listed on: 04/29/2024

MYNY Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,755

Year Built

  • Built in 1930

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • No Common Walls

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 179 Kensington Elementary School
  • JHS 62 Ditmas Middle School
  • Urban Assembly Sch-Criminal Justice High School

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 61 / 5402
  • Assessor Parcel Number 05402-0061

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,755

Year Built

Built in 1930

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-921-3100
  • Co List Office Mls Id: ONECBRE03
  • Co List Office Phone: 718-921-3100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: See Remarks
  • Total Bedrooms: 9
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 62 Ditmas

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Parcel Number: 05402-0061
  • Zoning Description: R5
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9755
  • Tax Block: 5402
  • Tax Lot: 61
  • Tax Map Number: 05402-0061

MLS Schools

  • Elementary School: Ps 179 Kensington
  • High School: Urban Assembly Sch-Criminal Justice
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 11, 2024
Sold by
Shamamian Karapet and Shamamian Melik
Bought by
Lutful Rasel
Seller's Agent
Amy Koh
MYNY Residential
Buyer's Agent
Amy Koh
MYNY Residential
List Price
$1,850,000
Sold Price
$1,825,000
Premium/Discount to List
-$25,000
-1.35%
Views
20
Current Estimated Value
$1,875,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,862
Avg. Annual Appreciation
1.51%
Original Mortgage
$250,000
Outstanding Balance
$245,427
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,630,435
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Lutful Rasel $1,825,000 --
Lutful Rasel $1,825,000 --
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 Lutful Rasel $250,000
Closed Lutful Rasel $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $1,825,000 -1.4% $528 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/08/2024 05/08/24 Off Market $1,850,000 -- --
05/08/2024 05/08/24 For Sale $1,850,000 0.0% $535 / Sq Ft
05/03/2024 05/03/24 For Sale $1,850,000 0.0% $535 / Sq Ft
04/29/2024 04/29/24 For Sale $1,850,000 -- $535 / Sq Ft
Source: OneKey® MLS

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
2026 $11,068 $105,540 $33,120 $72,420
2025 $10,167 $99,600 $33,120 $66,480
2024 $10,167 $99,600 $33,120 $66,480
2023 $10,167 $117,480 $33,120 $84,360
2022 $9,584 $107,160 $33,120 $74,040
2021 $9,944 $95,820 $33,120 $62,700
2019 $8,776 $88,560 $33,120 $55,440
2018 $8,540 $43,352 $17,142 $26,210
2017 $8,100 $41,205 $18,138 $23,067
2016 $7,796 $40,548 $24,093 $16,455
2015 $4,469 $38,269 $24,209 $14,060
2014 $4,469 $36,127 $22,598 $13,529
Source: Public Records

Agents Affiliated with this Home

  • Amy Koh

    Seller's Agent in 2024

    Amy Koh

    MYNY Residential

    (718) 921-3100

    2 in this area

    53 Total Sales

    Amy Koh
    Section Image

  • X

    Seller Co-Listing Agent in 2024

    Xing Yi Li

    MYNY Residential

    1 in this area

    10 Total Sales

    Xing Yi Li
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3547866

OneKey® MLS

APN: 05402-0061

New York Kings County Brooklyn 11218 Kensington

581 E 8th St, Brooklyn, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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