NOT LISTED FOR SALE

Estimated Value: $1,140,152 - $1,344,000

4 Beds
2 Baths
2,086 Sq Ft
$589/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $1,240,000 $594 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,622/month

Highlights

  • Private Driveway
  • 3-minute walk to Gravesend-86 Street
  • Mini Split Air Conditioners
  • P.S. 95 - The Gravesend Rated A-
  • Laundry Facilities
  • Back Yard

About This Home

As of November 2023

Welcome to your new home!!!

A wonderful 2 family in prime Gravesend. This very conveniently located home features 2 floors (1 unit on each floor) with separate entrances and a functional layout. Use either of the floors as your own peaceful corner of the world or easily convert it to a large 1 family.
Both units are very bright and inviting.
Bedrooms can fit a King size bed in one and a Queen in the other.
Enjoy meals in your large eat in kitchen with a separate dining room and when you are done, head outside to your private fenced backyard. The yard is large enough to entertain or just lounge around.
The property has a 1 car garage in the back and also a very large driveway that can fit another 3 cars so you dont ever have to circle for a spot again.
If you are looking for a home that is income generating, in move in condition & close to all shopping and transportation LOOK NO MORE - you have found it!

Last Listed By

Paulie Katarivas

RE/MAX Edge License #10401297029 Listed on: 07/25/2023

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,078

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 78 x 50
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,078

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Basement Amenities: Separate Entrance, Walk-in
  • Total Bathrooms: 2.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1271
  • Building Length: 41.00
  • Building Width: 31.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Village Rd
  • Cross Street Name2: Avenue W
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Washer
  • Building Stories: 1
  • Street Name I D X: Van Sicklen
  • Street Number I D X: 479
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 49
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 78
  • Lot Size Width: 50
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8078.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Nov 20, 2023
Sold by
Iorizzo Jean and Tommaso Gaspare
Bought by
Mlabasati Shalomo
Seller's Agent
Paulie Katarivas
RE/MAX Edge
Buyer's Agent
Paulie Katarivas
RE/MAX Edge
List Price
$1,349,000
Sold Price
$1,240,000
Premium/Discount to List
-$109,000
-8.08%
Current Estimated Value
$1,229,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,962
Avg. Annual Appreciation
-2.33%
Original Mortgage
$868,000
Outstanding Balance
$858,733
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$339,958

Purchase Details

Closed on
Aug 7, 2017
Sold by
Tommaso Gaspare
Bought by
Iorizzo Jean and Tommaso Gaspare

Purchase Details

Closed on
Sep 20, 2006
Sold by
Tommaso Antonina and Tommaso Ignazio
Bought by
Tommaso Gaspare

Purchase Details

Closed on
Jan 10, 1995
Sold by
Gilbert Christine and Maffai Armand
Bought by
Tommaso Ignazio and Tommaso Antonina

Range of Values:

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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
Mlabasati Shalomo $1,240,000 --
Mlabasati Shalomo $1,240,000 --
Iorizzo Jean -- --
Iorizzo Jean -- --
Tommaso Gaspare -- --
Tommaso Gaspare -- --
Tommaso Ignazio $240,000 Chicago Title Insurance Co
Tommaso Ignazio $240,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlabasati Shalomo $868,000
Closed Mlabasati Shalomo $868,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $1,240,000 -7.4% $594 / Sq Ft
08/24/2023 08/24/23 Price Changed $1,339,000 -0.7% $642 / Sq Ft
07/25/2023 07/25/23 For Sale $1,349,000 -- $647 / 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
2024 $9,145 $62,580 $18,600 $43,980
2023 $9,077 $69,900 $18,600 $51,300
2022 $8,078 $69,360 $18,600 $50,760
2021 $8,418 $68,940 $18,600 $50,340
2020 $7,893 $60,960 $18,600 $42,360
2019 $178 $60,960 $18,600 $42,360
2017 $7,242 $35,528 $11,472 $24,056
2016 $6,700 $33,517 $14,614 $18,903
2015 $4,496 $31,620 $15,480 $16,140
2014 $4,496 $31,620 $15,480 $16,140
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 475732

Brooklyn Board of REALTORS®

APN: 07148-0049