NOT LISTED FOR SALE

8843 26th Ave Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,228,000 - $1,688,069

8 Beds
5 Baths
3,880 Sq Ft
$395/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2025

Last sale price $1,588,000 $409 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,833 / mo

Highlights

  • Wood Flooring
  • 6 Car Detached Garage
  • Brick Front
  • Fenced Yard
  • Side Yard
  • Multiple cooling system units

About This Home

As of February 2025

Income-Producing Property in Bath Beach – A Rare Investment Opportunity! This offers incredible income potential and is now available in the desirable Bath Beach area, close to shopping, dining, and public transportation.
Set on a generous 40x102 lot, this property features a two-family home in the front. The building includes two spacious units—a 3-bedroom unit on the first floor, a 4-bedroom unit on the second floor, and a fully finished basement perfect for additional storage.
Adding to its value, this property comes with a huge 20x100 gated private parking area, providing plenty of parking space for multiple vehicles—an essential feature in this neighborhood.
All units are move-in ready for tenants. Don’t miss out on this rare chance to own a high-income two-building property package with exceptional growth potential in Bath Beach!

Last Agent to Sell the Property

Yeeon Lu

Kirin Real Estate LLC Listed on: 09/10/2024

Last Buyer's Agent

Yeeon Lu

Kirin Real Estate LLC Listed on: 09/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,858

Year Built

  • Built in 1925

Lot Details

  • 4,080 Sq Ft Lot
  • Lot Dimensions are 102 x 40
  • Fenced Yard
  • Side Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

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

Parking

  • 6 Car Detached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,858

Year Built

Built in 1925

Lot Details

4,080 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Length: 102.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bath Av
  • Cross Street Name2: Harway Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 3880
  • Building Stories: 2
  • Street Name I D X: 26th
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 4080

Exterior Features

  • Yard: Side, Fenced - Full
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Aluminum Siding, Brick, Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 13
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 40
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 7857.68

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Feb 19, 2025
Sold by
Fu Lixian
Bought by
Homo88 Llc
Seller's Agent
Yeeon Lu
Kirin Real Estate LLC
Buyer's Agent
Yeeon Lu
Kirin Real Estate LLC
List Price
$1,860,000
Sold Price
$1,588,000
Premium/Discount to List
-$272,000
-14.62%
Views
22
Current Estimated Value
$1,532,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,983
Avg. Annual Appreciation
-3.07%
Original Mortgage
$794,000
Outstanding Balance
$788,050
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$743,967

Purchase Details

Closed on
May 11, 2021
Sold by
Cai Yunbo and Fu Lixian
Bought by
Fu Lixian

Purchase Details

Closed on
Feb 28, 2014
Sold by
Ching John Dzaan Hong
Bought by
Cai Yunbo and Fu Lixian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Ma Wei Pei and Zhuo Jun
Bought by
Ching John Dzaan Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Xu Jian Hong
Bought by
Ma Wei Pei and Zhuo Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Gambino Lucio
Bought by
Xu Jian Hong

Purchase Details

Closed on
Nov 5, 1997
Sold by
Cottone Frank
Bought by
Gambino Lucio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
7.28%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Merlino Joseph
Bought by
Cottone Frank and Dignoti Vincent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Homo88 Llc $1,588,000 --
Homo88 Llc $1,588,000 --
Fu Lixian -- --
Fu Lixian -- --
Cai Yunbo $920,000 --
Cai Yunbo $920,000 --
Ching John Dzaan Hong $850,000 --
Ching John Dzaan Hong $850,000 --
Ma Wei Pei $750,000 --
Ma Wei Pei $750,000 --
Xu Jian Hong -- --
Xu Jian Hong -- --
Gambino Lucio $255,000 Commonwealth Land Title Ins
Gambino Lucio $255,000 Commonwealth Land Title Ins
Cottone Frank $135,000 The Title Guarantee Company
Cottone Frank $135,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homo88 Llc $794,000
Closed Homo88 Llc $794,000
Previous Owner Cai Yunbo $460,000
Previous Owner Ching John Dzaan Hong $637,000
Previous Owner Ma Wei Pei $525,000
Previous Owner Gambino Lucio $216,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Sold $1,588,000 -14.6% $409 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $1,860,000 -- $479 / Sq Ft
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 $7,858 $63,360 $20,400 $42,960
2024 $7,858 $66,540 $20,400 $46,140
2023 $7,509 $66,720 $20,400 $46,320
2022 $7,303 $70,320 $20,400 $49,920
2021 $7,269 $64,680 $20,400 $44,280
2020 $3,611 $67,140 $20,400 $46,740
2019 $6,820 $67,140 $20,400 $46,740
2018 $6,281 $30,812 $9,149 $21,663
2017 $6,214 $30,484 $9,623 $20,861
2016 $5,754 $28,782 $12,263 $16,519
2015 $3,469 $28,764 $13,774 $14,990
2014 $3,469 $27,169 $13,010 $14,159
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    Yeeon Lu

    Kirin Real Estate LLC

    (212) 400-2002

    1 in this area

    7 Total Sales

    Yeeon Lu
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 485886

Brooklyn Board of REALTORS®

APN: 06897-0013

New York Kings County Brooklyn 11214 Gravesend

8843 26th Ave, Brooklyn, NY

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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