NOT LISTED FOR SALE

8502 21st Ave Brooklyn, NY 11214

Bensonhurst Neighborhood

Estimated Value: $2,488,708

-- Bed
-- Bath
-- Sq Ft
2,400 Sq Ft Lot

Last Sold January 09, 2023

Last sale price $2,350,000

Est. 6% increase in value since last sale

Current estimated payment $14,377/month

About This Home

As of January 2023

Investment opportunity ! Corner building featuring 1 store and 5 apartment in prime Bensonhurst location. All apartments are 2 bedroom 1 bath. 1 Parking space in rear of building.

Last Agent to Sell the Property

Anthony Ferraro

Four Seasons Realty, Co. Listed on: 09/08/2022

Co-Listed By

Richard Chan

Four Seasons Realty, Co.

Last Buyer's Agent

NON MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,353

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 1,000 x 24

Parking

  • 1 Parking Space

Home Design

  • Mixed Use
  • Brick Exterior Construction

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 5 Units

Property Details

Property Type

Other

Est. Annual Taxes

$11,353

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Co List Office Mls Id: 116120
  • Co List Office Phone: (718) 238-8222
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 21st ave
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 5
  • Parking Attributes: 1 Space
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: 21st
  • Street Number I D X: 8502
  • Special Features: None

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 1000
  • Lot Size Width: 24

Tax Info

  • Flip Tax Amount: 11353.00

Multi Family

  • Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Jan 9, 2023
Sold by
8502 21St Avenue Management Corp
Bought by
Ho Kwok Cheong and Ho Mee
Seller's Agent
Anthony Ferraro
Four Seasons Realty, Co.
Buyer's Agent
NON MEMBER
List Price
$2,900,000
Sold Price
$2,350,000
Premium/Discount to List
-$550,000
-18.97%
Current Estimated Value
$2,488,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,708
Avg. Annual Appreciation
2.38%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ho Kwok Cheong $2,350,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $2,350,000 -19.0% --
09/08/2022 09/08/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $2,900,000 -- --
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 $14,810 $526,950 $207,450 $319,500
2024 $14,810 $467,550 $207,450 $260,100
2023 $13,462 $511,200 $207,450 $303,750
2022 $12,469 $518,400 $207,450 $310,950
2021 $11,353 $535,950 $207,450 $328,500
2020 $11,353 $574,020 $207,450 $366,570
2019 $11,403 $574,020 $207,450 $366,570
2018 $10,737 $84,418 $36,610 $47,808
2017 $9,945 $78,192 $37,904 $40,288
2016 $9,334 $72,400 $38,720 $33,680
2015 $6,060 $72,400 $38,320 $34,080
2014 $6,060 $70,098 $44,511 $25,587
Source: Public Records

Agents Affiliated with this Home

  • Anthony Ferraro

    Seller's Agent in 2023

    Anthony Ferraro

    Four Seasons Realty, Co.

    (646) 919-0910

    2 in this area

    9 Total Sales

    Anthony Ferraro
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Richard Chan

    Four Seasons Realty, Co.

    (718) 382-0001

    1 in this area

    7 Total Sales

    Richard Chan
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 466509

Brooklyn Board of REALTORS®

APN: 06346-0038

New York Kings County Brooklyn 11214 Bensonhurst

8502 21st Ave, Brooklyn, NY

This home is located at 8502 21st Ave, Brooklyn, NY 11214 since 08 September 2022 and is currently estimated at $2,488,708. 8502 21st Ave is a home located in Kings County with nearby schools including P.S. 128K BENSONHURST, Is 281 Joseph B Cavallaro, and Bais Yaakov of Bay Parkway.

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.

Nearby Homes