NOT LISTED FOR SALE

8701 24th Ave Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,212,000 - $1,434,000

Studio
2 Baths
1,728 Sq Ft
$752/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,080,000 $625 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,457/month

Highlights

  • Handicap Accessible
  • Heating System Uses Steam
  • Carpet
  • P.S. 101 the Verrazano Rated A
  • Partially Fenced Property
  • 2-minute walk to Brighton Playground

About This Home

As of October 2018

LOCATION, LOCATION, LOCATION! A two family located in the prime Bath Beach. 1st floor has two bedrooms ,kitchen, living room & full bath; 2nd floor has 2 bedrooms, living room, kitchen and dining area. One legal carport parking spot in the front; unfinished basement with separate entrance; close to PS 101, Super markets, shopping, transportation and restaurants.

Last Agent to Sell the Property

Emily Liang

RE/MAX Real Estate Professionals License #10401235357 Listed on: 05/07/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Franklin Shan

Tiger Realty

Tiger Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,760

Lot Details

  • 2,134 Sq Ft Lot
  • Lot Dimensions are 97 x 22
  • Partially Fenced Property
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Rubber Roof
  • Aluminum Siding
  • Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,728 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Parking

  • 1 Parking Space
  • Carport

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,760

Lot Details

2,134 Sq Ft Lot

Listing Details

  • Basement Amenities: Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Length: 48.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: BENSON AVE
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 1728
  • Street Name I D X: 24
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Carpeting, Laminate
  • Lot Sq Ft: 2134

Exterior Features

  • Yard: Back, Front, Fenced - Partial
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding, Siding
  • Foundation Details: Block
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 97
  • Lot Size Width: 22

Tax Info

  • Flip Tax Amount: 5760.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 16, 2018
Sold by
Menichini Barbara
Bought by
Li Xiaohong and Yu Xuexiang
Seller's Agent
Emily Liang
RE/MAX Real Estate Professionals
Buyer's Agent
Franklin Shan
Tiger Realty
Sold Price
$1,080,000
Current Estimated Value
$1,300,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,025
Avg. Annual Appreciation
2.53%
Original Mortgage
$700,000
Outstanding Balance
$611,741
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$688,284
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
Li Xiaohong $1,080,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiaohong $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $1,080,000 -- $625 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,426 $66,540 $11,280 $55,260
2024 $7,426 $63,960 $11,280 $52,680
2023 $7,160 $68,040 $11,280 $56,760
2022 $7,038 $69,180 $11,280 $57,900
2021 $7,277 $60,360 $11,280 $49,080
2019 $6,446 $62,220 $11,280 $50,940
2018 $5,104 $29,378 $4,994 $24,384
2017 $5,336 $29,378 $5,984 $23,394
2016 $5,100 $28,814 $7,920 $20,894
2015 $2,941 $27,195 $11,210 $15,985
2014 $2,941 $25,677 $10,585 $15,092
Source: Public Records

Agents Affiliated with this Home

  • Emily Liang

    Seller's Agent in 2018

    Emily Liang

    RE/MAX

    (347) 320-2569

    31 in this area

    117 Total Sales

    Emily Liang
    Section Image
  • Franklin Shan

    Buyer's Agent in 2018

    Franklin Shan

    Tiger Realty

    (917) 292-1688

    4 in this area

    28 Total Sales

    Franklin Shan
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419997

Brooklyn Board of REALTORS®

APN: 06876-0040

New York Kings County Brooklyn 11214 Gravesend

8701 24th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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