NOT LISTED FOR SALE

8420 25th Ave Unit 1B Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $755,000 - $976,000

2 Beds
3 Baths
1,644 Sq Ft
2008 Built

Last Sold January 03, 2025

Last sale price $800,000 $487 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,896/month

Highlights

  • Terrace
  • 1-minute walk to 25 Avenue
  • Multiple cooling system units
  • P.S. 97 - The Highlawn Rated A-
  • Handicap Accessible
  • Laundry Facilities

About This Home

As of January 2025

Welcome to one of the most beautiful condominiums available! This stunning duplex spans two floors, offering a total of 1,644 square feet of luxurious living space. Completely renovated and brand new, this home features: - Two spacious bedrooms - Two full bathrooms - A huge living room - Dining room - Modern kitchen with all new fixtures and flooring The first floor includes access to a private backyard, adding an additional 200 square feet of outdoor space. The basement, with an extra 346 square feet, provides even more room for your needs. This property also comes with a coveted corner parking space, included in the price. Its prime location is within minutes to 86th Street, the D line subway station, bus stops, schools, banks, restaurants, and even a McDonald’s, offering the utmost convenience. Don’t miss this opportunity to make this beautiful condo your home.

Last Agent to Sell the Property

Michelle Zhang

RE/MAX Edge Listed on: 07/18/2024

Last Buyer's Agent

Michelle Zhang

RE/MAX Edge Listed on: 07/18/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 2008

Parking

  • Parking Lot

Home Design

  • 1,644 Sq Ft Home
  • Entry on the 1st floor

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Washer
  • Handicap Accessible
  • Terrace
  • Sprinkler System
  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6856

Community Details

Overview

  • 9 Units
  • Association Phone (585) 759-2304
  • Apartment 25Th Ave Condos
  • Property managed by self/management

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,672

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 3.00
  • Baths Total Level1: 3.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 85th Street
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 313.00
  • Negotiate Thru: Broker
  • Parking Attributes: Parking Area
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 1644
  • Street Name I D X: 25th
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Floor: 1
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1006

Utilities

  • Air Conditioning Units: 4
  • Utilities: Parking, Sprinkler System, Water, Other

Condo/Co-op/Association

  • Management Company: self/management
  • Manager Phone: 585-759-2304
  • Units In Building: 9

Lot Info

  • Building Project Name: Apartment 25th Ave

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6672.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Jan 3, 2025
Sold by
Wong Fernando
Bought by
Mak Cheung Kam and Mak Fung Yee
Seller's Agent
Michelle Zhang
RE/MAX Edge
Buyer's Agent
Michelle Zhang
RE/MAX Real Estate Professionals
List Price
$880,000
Sold Price
$800,000
Premium/Discount to List
-$80,000
-9.09%
Views
31
Current Estimated Value
$856,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,482
Avg. Annual Appreciation
4.41%
Original Mortgage
$600,000
Outstanding Balance
$594,762
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,323

Purchase Details

Listed on
Jan 18, 2022
Closed on
May 17, 2022
Sold by
Ritorto Elena
Bought by
Wong Fernando
Seller's Agent
Jie Lun Guan
RE/MAX Edge
Buyer's Agent
Jie Lun Guan
RE/MAX Edge
Sold Price
$760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$432,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2015
Sold by
Ritorto Elena and Ritorto Frank
Bought by
Ritorto Elena

Purchase Details

Closed on
Sep 17, 2009
Sold by
Ridge Sunrise Llc
Bought by
Ritorto Elena and Ritorto Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mak Cheung Kam $800,000 --
Mak Cheung Kam $800,000 --
Wong Fernando $760,000 --
Wong Fernando $760,000 --
Wong Fernando $760,000 --
Ritorto Elena -- --
Ritorto Elena -- --
Ritorto Elena -- --
Ritorto Elena $475,000 --
Ritorto Elena $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mak Cheung Kam $600,000
Closed Mak Cheung Kam $600,000
Previous Owner Wong Fernando $432,000
Previous Owner Ritorto Elena $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $800,000 +0.1% $487 / Sq Ft
09/17/2024 09/17/24 Price Changed $799,000 -7.1% $486 / Sq Ft
08/26/2024 08/26/24 Price Changed $860,000 -2.3% $523 / Sq Ft
07/18/2024 07/18/24 For Sale $880,000 +15.8% $535 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
05/18/2022 05/18/22 Sold $760,000 -- $462 / Sq Ft View Prior Sale
01/18/2022 01/18/22 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 $5,531 $67,316 $4,638 $62,678
2024 $5,531 $53,170 $4,638 $48,532
2023 $4,189 $46,994 $4,638 $42,356
2022 $2,766 $39,597 $4,638 $34,959
2021 $1,508 $39,594 $4,638 $34,956
2020 $150 $36,980 $4,638 $32,342
2019 $300 $36,980 $4,638 $32,342
2018 $292 $28,173 $3,692 $24,481
2017 $292 $26,579 $3,759 $22,820
2016 $280 $25,075 $4,442 $20,633
2015 $196 $23,656 $4,638 $19,018
2014 $196 $23,656 $4,638 $19,018
Source: Public Records

Agents Affiliated with this Home

  • Michelle Zhang

    Seller's Agent in 2025

    Michelle Zhang

    RE/MAX

    (646) 937-2188

    55 in this area

    184 Total Sales

    Michelle Zhang
    Section Image
  • Jie Lun Guan

    Seller's Agent in 2022

    Jie Lun Guan

    RE/MAX Edge

    (646) 220-1666

    10 in this area

    25 Total Sales

    Jie Lun Guan
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484666

Brooklyn Board of REALTORS®

APN: 06856-1006

New York Kings County Brooklyn 11214 Gravesend

8420 25th Ave Unit 1B, Brooklyn, NY

Not Listed for Sale

Condos

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