NOT LISTED FOR SALE

Estimated Value: $1,496,000 - $2,078,000

8 Beds
5 Baths
3,407 Sq Ft
$545/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $1,868,000 $548 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,746/month

158 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Baseboard Heating
  • P.S. 101 the Verrazano Rated A
  • Attached Garage

About This Home

As of June 2023

Welcome to this beautiful 3 Family Home in excellent condition in Brooklyn, NY. Excellent Location. Plenty of parking, 1 Full Car Garage Plus Additional parking for 4-5 additional cars. Close to public transportation and Schools. Walking distance to parks and Scenic views of Gravesend Bay. Walking distance to Great Shopping. Minutes away from New York city Manhattan. Very Low Taxes only $11,570.04 without exemption. A must See! Great property. All units are Vacant, and this building is ready for the new owner., Additional information: Appearance:EXCELLENT,Separate Hotwater Heater:1

Last Agent to Sell the Property

Zeeshan Basit

American Fine Homes & Estates License #31BA1100818 Listed on: 09/08/2022

Co-Listed By

Emily Sotirov

American Fine Homes & Estates License #10401322499

Last Buyer's Agent

Zeeshan Basit

American Fine Homes & Estates License #31BA1100818 Listed on: 09/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,131

Year Built

  • Built in 1960

Lot Details

  • 2,803 Sq Ft Lot
  • Lot Dimensions are 29x96.67
  • 1 Common Wall

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Burning Stove
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main

Parking

  • Attached Garage
  • Driveway

Schools

  • JHS 220 John J Pershing Middle School
  • New Utrecht High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Shared Septic

Listing and Financial Details

  • Legal Lot and Block 41 / 6873
  • Assessor Parcel Number 06873-0041

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,131

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Three Or More
  • Year Built: 1960
  • Co List Office Mls Id: KEYZEE01
  • Co List Office Phone: 516-934-0700
  • CurrentPrice: 1868000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.87102
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Master Downstairs
  • Fireplace Features: Wood Burning Stove
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Driveway, Private

Utilities

  • Heating: Baseboard, Natural Gas
  • Sewer: Shared
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 220 John J Pershing

Lot Info

  • Lot Dimensions: 29x96.67
  • Lot Size Sq Ft: 2803
  • Parcel Number: 06873-0041
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 10131
  • Tax Block: 6873
  • Tax Lot: 41

MLS Schools

  • High School: New Utrecht High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
May 23, 2023
Sold by
Giannini Charles A and Giannini Marta
Bought by
Chen Xiuqin and He Jian Ping
Seller's Agent
Zeeshan Basit
American Fine Homes & Estates
Buyer's Agent
Zeeshan Basit
American Fine Homes & Estates
List Price
$2,295,000
Sold Price
$1,868,000
Premium/Discount to List
-$427,000
-18.61%
Views
69
Current Estimated Value
$1,855,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,471
Avg. Annual Appreciation
-0.26%
Original Mortgage
$950,000
Outstanding Balance
$921,749
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$933,780

Purchase Details

Listed on
Sep 8, 2022
Closed on
Apr 24, 2023
Sold by
Charles Giannini As Trustee and Steven F. Giannini As Tstee
Bought by
Giannini Charles A and Giannini Steven F
Seller's Agent
Zeeshan Basit
American Fine Homes & Estates
Buyer's Agent
Zeeshan Basit
American Fine Homes & Estates
List Price
$2,295,000
Sold Price
$1,868,000
Premium/Discount to List
-$427,000
-18.61%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$921,749
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$933,780

Purchase Details

Closed on
Feb 28, 2002
Sold by
Giannini Vito F and Giannini Marta
Bought by
Giannini Charles A and Giannini Steven F

Purchase Details

Closed on
Jul 18, 1997
Sold by
Giannini Vito F
Bought by
Giannini Vito F and Giannini Marta
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

Date Buyer Sale Price Title Company
Chen Xiuqin $1,868,000 --
Chen Xiuqin $1,868,000 --
Chen Xiuqin $1,868,000 --
Giannini Charles A -- --
Giannini Charles A -- --
Giannini Charles A -- --
Giannini Charles A -- --
Giannini Vito F -- --
Giannini Vito F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiuqin $950,000
Closed Chen Xiuqin $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $1,868,000 -6.6% $548 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $1,999,000 -2.4% $587 / Sq Ft
01/10/2023 01/10/23 Price Changed $2,049,000 -2.4% $601 / Sq Ft
11/01/2022 11/01/22 Price Changed $2,099,000 -6.7% $616 / Sq Ft
10/17/2022 10/17/22 Price Changed $2,249,000 -2.0% $660 / Sq Ft
09/08/2022 09/08/22 For Sale $2,295,000 -- $674 / Sq Ft
Source: OneKey® MLS

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 $12,634 $95,040 $18,000 $77,040
2024 $12,634 $93,720 $18,000 $75,720
2023 $11,605 $106,920 $18,000 $88,920
2022 $10,135 $88,560 $18,000 $70,560
2021 $10,587 $82,740 $18,000 $64,740
2020 $10,717 $84,300 $18,000 $66,300
2019 $10,307 $84,300 $18,000 $66,300
2018 $9,599 $50,322 $11,506 $38,816
2017 $9,032 $47,475 $13,031 $34,444
2016 $8,333 $44,788 $11,533 $33,255
2015 $4,963 $44,788 $16,795 $27,993
2014 $4,963 $43,683 $16,381 $27,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3428851

OneKey® MLS

APN: 06873-0041