NOT LISTED FOR SALE

1027 Bay Ridge Ave Brooklyn, NY 11219

Dyker Heights Neighborhood

Estimated Value: $1,306,000 - $2,204,624

6 Beds
2 Baths
2,544 Sq Ft
$716/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $1,600,000 $629 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,539/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Community Storage Space
  • P.S. 176 Ovington Rated A
  • Heating System Uses Steam
  • Back Yard

About This Home

As of October 2018

Extra large (24 x 53 house size) 2 family brick detached home on a 32.5 x 82 lot with a shared driveway and detached 1 car garage...Full semi-finished basement with separate entrance. Gas heating system, gas hot water heater, ultra high ceilings & carpeting, ceramic & hardwood floors throughout. Located in a most sought after & convenient Bensonhurst location, close to all transportation, shopping & fine schools. 3 bedroom & 1 full bathroom unit on 2nd floor over a 3 bedroom & 1 full bath unit on 1st floor over semi-finished basement with separate entrance. This is truly a special and most desirable property, priced competitively & aggressively! Attractive for today's market, this home is sure to create a tremendous buzz. Seller is ready to start hearing bids, offers & proposals. Spring is here, don't miss out on this awesome piece of real estate which is sure to be in extremely high demand. All offers must come with prequalification letter from bank or mortgage broker and proof of funds.

Last Agent to Sell the Property

Piero Vernuccio

RE/MAX Edge License #40VE0961801 Listed on: 04/20/2018

RE/MAX Edge

Co-Listed By

Raymond Rong

Robert Defalco Realty

Last Buyer's Agent

Piero Vernuccio

RE/MAX Edge License #40VE0961801 Listed on: 04/20/2018

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,884

Lot Details

  • 2,665 Sq Ft Lot
  • Lot Dimensions are 82 x 32
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 5772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,884

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1272
  • Building Length: 53.00
  • Building Width: 24.00
  • Co List Office Mls Id: 114230
  • Co List Office Phone: (718) 987-7900
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10th ave
  • Cross Street Name2: 11th ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 2544
  • Street Name I D X: Bay Ridge
  • Street Number I D X: 1027
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 2665

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 59
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 82
  • Lot Size Width: 32
  • Zoning: R4-1

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Oct 2, 2018
Sold by
Estate Of Paul Guy Testaverde and Estate Of Paul Testaverde
Bought by
Chen Hao and Jiang Zhong
Seller's Agent
Piero Vernuccio
RE/MAX Edge
Buyer's Agent
Piero Vernuccio
RE/MAX Edge
Sold Price
$1,600,000
Current Estimated Value
$1,920,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,618
Avg. Annual Appreciation
0.58%
Original Mortgage
$900,000
Outstanding Balance
$789,668
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$875,245

Purchase Details

Closed on
Apr 7, 1995
Sold by
Testaverde Paul and Testaverde Josephine
Bought by
Testaverde Paul Guy and Testaverde Damon D
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
Chen Hao $1,600,000 --
Chen Hao $1,600,000 --
Testaverde Paul Guy -- --
Testaverde Paul Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Hao $900,000
Closed Chen Hao $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $1,600,000 -- $629 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
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 $12,884 $105,780 $21,780 $84,000
2024 $12,884 $87,900 $21,780 $66,120
2023 $12,393 $95,580 $21,780 $73,800
2022 $8,689 $88,200 $21,780 $66,420
2021 $11,717 $96,720 $21,780 $74,940
2020 $8,788 $94,440 $21,780 $72,660
2019 $9,337 $88,860 $21,780 $67,080
2018 $8,556 $43,430 $10,054 $33,376
2017 $8,052 $40,972 $10,928 $30,044
2016 $7,483 $38,983 $12,935 $26,048
2015 $4,442 $38,983 $15,312 $23,671
2014 $4,442 $38,362 $14,808 $23,554
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Piero Vernuccio

    RE/MAX Edge

    10 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Raymond Rong

    Robert Defalco Realty

    (718) 987-7900

    22 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419512

Brooklyn Board of REALTORS®

APN: 05772-0059

New York Kings County Brooklyn 11219 Dyker Heights

1027 Bay Ridge Ave, Brooklyn, NY

This home is located at 1027 Bay Ridge Ave, Brooklyn, NY 11219 since 20 April 2018 and is currently estimated at $1,821,406, approximately $715 per square foot. 1027 Bay Ridge Ave is a home located in Kings County with nearby schools including P.S. 176 Ovington, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.

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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