NOT LISTED FOR SALE

8628 26th Ave Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,240,000 - $1,297,000

4 Beds
2 Baths
-- Sq Ft
2,919 Sq Ft Lot

Last Sold June 13, 2019

Last sale price $730,000

Est. 74% increase in value since last sale

Current estimated payment $7,667/month

13 Days on Market

About This Home

As of June 2019

Accepted offer. A contractor's dream, and a smart investment for an owner! This well-located 2-family house in the Gravesend section of Brooklyn offers tremendous possibilities and income potential. The 2-story house with a covered front porch and side carport at the end of the private driveway is generously sized and in need of TLC renovations that can transform it into a gem of an investment or owner-occupier home with rental income. Each apartment is equally spacious with a comfortable living room, large eat-in kitchen, and hallways leading to 2 bedrooms and a full bathroom. Situated in a great neighborhood with some of the borough's deepest roots, Gravesend, right near Brooklyn's famous Coney Island, bordered by Bath Beach, Bensonhurst and Sheepshead Bay with its piers and excellent seafood restaurants. Live near lots of shops and eateries on nearby main thoroughfares, the iconic L&B Spimoni Gardens, Adventurers Amusement Park, the Belt Parkway, big-box stores and many other local attractions. Don't miss the opportunity to make this your next best project and real estate investment in a rapidly-growing area!

Last Agent to Sell the Property

Gregory Cooper

Douglas Elliman Real Estate License #10301207425 Listed on: 03/06/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,281

Lot Details

  • 2,919

Home Design

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Gravesnd Subdivision

Listing and Financial Details

  • Tax Block 6869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,281

Lot Details

0

Listing Details

  • Cross Street: Bet Bay 41/43rd St
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GRAVESND
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 6869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2020
Sold by
Harmony Coast Holdings Llc
Bought by
Li Wei Cheng
Current Estimated Value
$1,267,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$576,934
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$690,652

Purchase Details

Listed on
Mar 6, 2019
Closed on
Jun 13, 2019
Sold by
Estate Of Anthony Pagano
Bought by
Harmony Coast Holdings Llc
Seller's Agent
Gregory Cooper
Douglas Elliman Real Estate
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Pagano Anthony
Bought by
Pagano Anthony and Pagano Thomas
Source: Public Records

Range of Values:

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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
Li Wei Cheng $998,000 --
Harmony Coast Holdings Llc $750,000 --
Pagano Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei Cheng $648,000
Closed Li Wei Cheng $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $730,000 -2.7% --
03/25/2019 03/25/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $750,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $9,281 $75,300 $15,180 $60,120
2024 $9,281 $73,500 $15,180 $58,320
2023 $8,853 $85,740 $15,180 $70,560
2022 $8,550 $70,860 $15,180 $55,680
2021 $8,504 $62,880 $15,180 $47,700
2020 $6,378 $76,260 $15,180 $61,080
2019 $8,055 $75,120 $15,180 $59,940
2016 $6,111 $33,674 $9,562 $24,112
2015 $3,622 $33,674 $13,980 $19,694
2014 $3,622 $32,089 $13,322 $18,767
Source: Public Records

Agents Affiliated with this Home

  • Gregory Cooper

    Seller's Agent in 2019

    Gregory Cooper

    Douglas Elliman Real Estate

    (212) 882-1922

    28 Total Sales

    Gregory Cooper
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10542035

Real Estate Board of New York (REBNY)

APN: 06869-0052

New York Kings County Brooklyn 11214 Gravesend

8628 26th Ave, Brooklyn, NY

This home is located at 8628 26th Ave, Brooklyn, NY 11214 since 06 March 2019 and is currently estimated at $1,267,586. 8628 26th Ave is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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