NOT LISTED FOR SALE

8876 17th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,230,000 - $1,351,000

4 Beds
2.5 Baths
1,914 Sq Ft
$672/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $1,100,000 $575 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,507/month

Highlights

  • 2,600 Sq Ft lot
  • Wood Flooring
  • 2 Car Attached Garage
  • P.S. 163 Bath Beach Rated A
  • Porch
  • Heating System Uses Steam

About This Home

As of December 2023

Presenting this Legal Two (2) Family Brick, 3-story above the ground with built-in garage for 2 private parking spots is located in the most sought-after prime neighborhood. It is perfectly situated on a quiet tree-line block and conveniently ONLY few steps away from ALL your daily routine needs. This home features a 3-bedroom duplex apartment on the middle and top floors with 1.5 bathrooms, front porch and rear sunroom with access to the oversize private backyard OVER 1-bedroom apartment on the ground floor with front garage for 2 private parking spaces, approx. building size 20x35' sitting on oversize 20x129' lot and annual property tax $9727. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 09/05/2023

RE/MAX Edge

Last Buyer's Agent

Jincun Kuang

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,727

Year Built

  • Built in 1955

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 129 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,914 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6461

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,727

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 35.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Ave
  • Cross Street Name2: 17th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Porch, Refrigerator, Stove
  • Fill Sq Ft Total: 1914
  • Building Stories: 3
  • Street Name I D X: 17th
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2600

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 129
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 9727.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Dec 22, 2023
Sold by
Lin Shao Feng and Zheng Guo Dong
Bought by
Li Yixun and Wu Yuyun
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jincun Kuang
Momentum Real Estate LLC
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Views
14
Current Estimated Value
$1,286,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,605
Avg. Annual Appreciation
7.82%
Original Mortgage
$550,000
Outstanding Balance
$540,497
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$746,108

Purchase Details

Closed on
Jan 23, 2017
Sold by
D'Accordo Barbara and Marsicano Judith
Bought by
Lin Shao Feng and Zheng Guo Dong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Li Yixun $1,100,000 --
Lin Shao Feng $949,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yixun $550,000
Previous Owner Lin Shao Feng $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $1,100,000 -8.3% $575 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,199,000 -- $626 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $10,155 $73,680 $19,260 $54,420
2024 $10,155 $63,900 $19,260 $44,640
2023 $9,727 $72,660 $19,260 $53,400
2022 $9,021 $59,460 $19,260 $40,200
2021 $9,510 $57,180 $19,260 $37,920
2019 $8,814 $59,460 $19,260 $40,200
2018 $8,136 $39,912 $13,276 $26,636
2017 $7,676 $37,656 $12,322 $25,334
2016 $6,323 $37,656 $14,204 $23,452
2015 $3,504 $37,218 $16,904 $20,314
2014 $3,504 $35,112 $15,649 $19,463
Source: Public Records

Agents Affiliated with this Home

  • Jason Zhou

    Seller's Agent in 2023

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    32 in this area

    206 Total Sales

    Jason Zhou
    Section Image

  • J

    Buyer's Agent in 2023

    Jincun Kuang

    Momentum Real Estate LLC

    (347) 754-8455

    9 in this area

    110 Total Sales

    Jincun Kuang
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 476615

Brooklyn Board of REALTORS®

APN: 06461-0053

New York Kings County Brooklyn 11214 Bath Beach

8876 17th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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