NOT LISTED FOR SALE

8627 25th Ave Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,385,000 - $1,513,000

5 Beds
4 Baths
2,720 Sq Ft
$535/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $1,280,000 $471 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,664/month

Highlights

  • Wood Flooring
  • 1-minute walk to 25 Avenue
  • Garden
  • P.S. 101 the Verrazano Rated A
  • 1 Car Attached Garage
  • Multiple cooling system units

About This Home

As of April 2023

Great opportunity to own this all brick move-in ready two family house in highly desirable Bath Beach / Bensonhurst area of Brooklyn. This beautiful property features, private parking space, built in garage, a 2 bedroom walk in apartment with access to the basement and a 3 bedroom duplex apartment upstairs. It is only a few steps away from everything: supermarkets/D Train/B1 & B3 Buses are right at the corner, Excellent schools like P.S. 101 The Verrazano School, the commercial block on 86th St offers all kinds of restaurant/retail stores/shopping/entertainment, parks, highway and too much to mention. Can be delivered vacant.
Building size: 20x46' sitting on 20x96.67' lot. Annual property tax: $4,728.84. Don't wait, make your appointment today for a private showing!

Last Agent to Sell the Property

Weber Lo

Momentum Real Estate LLC Listed on: 11/17/2022

Co-Listed By

Xiaobing Zhang

Momentum Real Estate LLC

Last Buyer's Agent

Xiaobing Zhang

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1955

Lot Details

  • 1,933 Sq Ft Lot
  • Lot Dimensions are 96 x 20
  • Garden
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Stove
  • Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 920
  • Building Length: 46.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86th St
  • Cross Street Name2: Benson Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Dryer, Patio Garden, Refrigerator, Stove, Other
  • Fill Sq Ft Total: 2720
  • Building Stories: 2
  • Street Name I D X: 25th
  • Street Number I D X: 8627
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 1933

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 29
  • Roof: Flat, Shingle

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4729.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Apr 13, 2023
Sold by
Mariano Crociata and Rosa Crociata Trustee
Bought by
Feng Meiyao and Zheng Zhu Heng
Seller's Agent
Weber Lo
Momentum Real Estate LLC
Buyer's Agent
Xiaobing Zhang
Momentum Real Estate LLC
List Price
$1,400,000
Sold Price
$1,280,000
Premium/Discount to List
-$120,000
-8.57%
Current Estimated Value
$1,426,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,671
Avg. Annual Appreciation
5.79%
Original Mortgage
$820,000
Outstanding Balance
$800,220
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$661,689

Purchase Details

Closed on
Feb 15, 2018
Sold by
Crociata Mariano
Bought by
Mariano Crociata and Mariano Crociata Trustee
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
Feng Meiyao $1,280,000 --
Mariano Crociata $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Meiyao $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $1,280,000 -8.6% $471 / Sq Ft
11/17/2022 11/17/22 For Sale $1,400,000 -- $515 / Sq Ft
11/16/2022 11/16/22 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 $10,691 $92,160 $14,040 $78,120
2024 $10,691 $94,800 $14,040 $80,760
2023 $10,198 $90,480 $14,040 $76,440
2022 $4,474 $83,340 $14,040 $69,300
2021 $4,959 $76,020 $14,040 $61,980
2020 $4,959 $64,800 $14,040 $50,760
2019 $9,279 $64,080 $14,040 $50,040
2018 $9,517 $41,847 $9,308 $32,539
2017 $7,402 $39,480 $9,238 $30,242
2016 $3,325 $39,480 $10,959 $28,521
2015 $1,807 $38,707 $14,115 $24,592
2014 $1,807 $36,964 $13,479 $23,485
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Weber Lo

    Momentum Real Estate LLC

    (646) 450-3688

    2 in this area

    14 Total Sales

    Section Image

  • X

    Seller Co-Listing Agent in 2023

    Xiaobing Zhang

    Momentum Real Estate LLC

    (646) 215-1531

    16 in this area

    73 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469140

Brooklyn Board of REALTORS®

APN: 06867-0029

New York Kings County Brooklyn 11214 Gravesend

8627 25th Ave, Brooklyn, NY

This home is located at 8627 25th Ave, Brooklyn, NY 11214 since 17 November 2022 and is currently estimated at $1,454,895, approximately $534 per square foot. This property was built in 1955. 8627 25th Ave is a home located in Kings County with nearby schools including P.S. 101 the Verrazano, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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