NOT LISTED FOR SALE

Estimated Value: $1,687,000 - $2,150,000

5 Beds
2 Baths
2,178 Sq Ft
$881/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,830,000 $840 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,250/month

94 Days on Market

Highlights

  • 5,800 Sq Ft lot
  • Terrace
  • Garden
  • P.S. 101 the Verrazano Rated A
  • Community Garden
  • 1-minute walk to Brighton Playground

About This Home

As of December 2021

New to Market in Brooklyn! This legal 2-family home in Gravesend is unique because it sits on a rare 60 x 97 lot. The first floor features a 2 BR/1 BR apartment with access to the basement & backyard. The second floor features a duplex style 3 BR/1 BR apartment with a terrace facing the street. The home also features a detached one-car garage. The best part of this home is the large backyard. It's perfect for hosting your family & friends! This is a true value add opportunity. You could keep the existing structure as is, or you could add additional living space by adding an extension. If you are looking for a development opportunity, R5 zoning allows for a new building to be constructed up to 7,250 SF on this site. It may also be possible to build two new homes on the site. Consult with a local architect for all possible uses. The home is conveniently located near the Belt Parkway. The Express D-train to Manhattan is also nearby. The property will be delivered vacant at closing. Do not disturb the owner. Co-brokers welcome. Price negotiable. Showings are by appointment only. Contact the listing agent to schedule a showing today.

Co-Listed By

Candis Lai

Berkshire Hathaway HomeServices New York Properties License #10401333754

Berkshire Hathaway HomeServices New York Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 60.0 x 96.67
  • Garden

Interior Spaces

  • 2,178 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

Overview

  • 2 Units
  • Gravesend Subdivision

Amenities

  • Community Garden
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,800 Sq Ft Lot

Listing Details

  • Exposures: East,North,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gravesend
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2178.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 5800.0
  • Lot Size Dimensions: 60.0 x 96.67

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Dec 21, 2021
Sold by
Joyce Lucille
Bought by
Bai Hanjun and Xu Yuanyuan
List Price
$2,100,000
Sold Price
$1,830,000
Premium/Discount to List
-$270,000
-12.86%
Current Estimated Value
$1,919,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,196
Avg. Annual Appreciation
1.13%
Original Mortgage
$1,240,000
Outstanding Balance
$1,138,129
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$781,067

Purchase Details

Closed on
Jul 7, 2017
Sold by
Tagliavia Marie
Bought by
Joyce Lucille

Purchase Details

Closed on
May 31, 2017
Sold by
Joyce Lucille
Bought by
Tagliava Marie

Purchase Details

Closed on
Oct 22, 2013
Sold by
Tagliavia Marie
Bought by
Joyce Lucille

Purchase Details

Closed on
Jun 27, 2013
Sold by
Tagliavia Marie
Bought by
Joyce Lucille
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
Bai Hanjun $1,830,000 --
Joyce Lucille -- --
Tagliava Marie -- --
Joyce Lucille -- --
Joyce Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bai Hanjun $1,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $1,830,000 -12.9% $840 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $2,100,000 -- $964 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $15,164 $83,400 $40,380 $43,020
2024 $15,164 $79,740 $40,380 $39,360
2023 $8,924 $50,760 $40,380 $10,380
2022 $8,583 $89,160 $23,880 $65,280
2021 $4,486 $84,120 $23,880 $60,240
2020 $2,104 $81,420 $23,880 $57,540
2019 $7,944 $68,100 $23,880 $44,220
2018 $7,304 $35,830 $9,382 $26,448
2017 $7,304 $35,830 $12,075 $23,755
2016 $7,102 $35,524 $16,158 $19,366
2015 $1,600 $33,516 $17,172 $16,344
2014 $1,600 $31,648 $16,215 $15,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10809068

Real Estate Board of New York (REBNY)

APN: 06875-0074

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