NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $2,133,000

5 Beds
3 Baths
2,500 Sq Ft
$701/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $1,950,000 $780 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $10,475/month

73 Days on Market

About This Home

As of February 2019

Sitting majestically atop the corner of a beautiful tree lined street in Bay Ridge, 1 Marine Avenue is the residence you have been waiting for! This simply gorgeous fully detached home with two car garage is truly turn-key and dazzles with modern renovations across its expansive four floors that includes five large bedrooms, three bathrooms, and a fully finished lower level "in law" suite with its own private entrance.

As you enter into the home you will be greeted with amazing natural light shining through its many picturesque windows and glistening onto the beautiful cherry hardwood floors. A decorative brick fireplace in the living room can easily be converted back to its wood burning origins to be enjoyed from the sizable living room or the quaint den/study. The custom designed kitchen is like no other, with gorgeous tiled backsplashes accompanying handmade Silestone countertops and high end Liebherr and Thermador stainless steel appliances. The lovely separate dining room, charming custom designed mud room, and half bathroom rounds out the first floor. The second floor of the residence showcases a king sized master bedroom, along with two sizable bedrooms and a modern bathroom. The third floor loft is perfect for your fourth bedroom, office, storage or recreation room. Finally, the fully finished lower level has a fifth bedroom along with its own private entrance with tons of closets and storage space.

This massive corner lot allows for the owners of 1 Marine Avenue to have an abundance of outdoor space with high fences to ensure privacy. Some of the home's more robust features include a NEST controlled central air and central heating system, security alarm and video surveillance, floor to floor intercom system, and custom iron entryway gates. It is conveniently located just one block from Shore Road where you can find running and biking paths, parks, and the beautiful Brooklyn waterfront. The Express bus to Lower and Midtown Manhattan is one block away, the subway is just 3 short blocks away, and the newly commissioned NYC Ferry provides Bay Ridge residents the ability to travel throughout the Brooklyn waterfront communities and into Manhattan quickly and in style! This home is a showpiece and a rarity that comes along once in a lifetime, so do not miss your opportunity to have and to own a new and luxurious lifestyle.

View an interactive virtual tour here:

Last Agent to Sell the Property

Daniel Soldano

SOLDANO REALTY License #10491212789 Listed on: 09/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,027

Year Built

  • Built in 1925

Lot Details

  • Garden

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • Bayridge Subdivision

Listing and Financial Details

  • Tax Block 6101

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,027

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 92nd Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: BAYRIDGE
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 2500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 6101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Feb 7, 2019
Sold by
Lee Jenny Chen and Lee Johnny D
Bought by
Piazza Carmelo and Piazza Karen
Seller's Agent
Daniel Soldano
SOLDANO REALTY
List Price
$2,195,000
Sold Price
$1,950,000
Premium/Discount to List
-$245,000
-11.16%
Current Estimated Value
$1,753,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,702
Avg. Annual Appreciation
-1.57%
Original Mortgage
$1,250,000
Outstanding Balance
$1,098,974
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$654,324

Purchase Details

Closed on
May 20, 2008
Sold by
Chen Lee Jenny and Lee Johnny D
Bought by
Chen Lee Jenny and Lee Johnny D

Purchase Details

Closed on
Mar 24, 2006
Sold by
Estate Of Yolanda Prisco
Bought by
Lee Jenny Chen and Lee Johnny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Piazza Carmelo $1,950,000 --
Chen Lee Jenny -- --
Lee Jenny Chen $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piazza Carmelo $1,250,000
Previous Owner Lee Jenny Chen $540,000
Closed Lee Jenny Chen $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $1,950,000 -11.2% $780 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $2,195,000 -- $878 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $15,027 $97,560 $24,720 $72,840
2024 $15,027 $85,320 $24,720 $60,600
2023 $14,408 $99,180 $24,720 $74,460
2022 $14,111 $90,420 $24,720 $65,700
2021 $14,034 $99,180 $24,720 $74,460
2020 $6,910 $80,700 $31,200 $49,500
2019 $13,042 $80,700 $31,200 $49,500
2018 $11,754 $59,120 $17,194 $41,926
2017 $11,708 $58,904 $20,571 $38,333
2016 $10,800 $55,572 $21,264 $34,308
2015 $6,482 $55,039 $24,082 $30,957
2014 $6,482 $51,955 $27,275 $24,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10504980

Real Estate Board of New York (REBNY)

APN: 06101-0011