NOT LISTED FOR SALE

110 Wakeman Place Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,227,000 - $1,777,000

5 Beds
2 Baths
2,200 Sq Ft
$656/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,170,000 $532 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,340/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Back and Front Yard
  • P.S. 102 The Bayview School Rated A
  • Heating System Uses Steam
  • 3-minute walk to Owl's Head Park

About This Home

As of March 2021

Prime Bay Ridge location! This two family, brick property is more than meets the eye! The home boasts hardwood and tile floors, spacious apartments, a two bedroom on the first floor and a three bedroom on the second floor, with plenty of storage space, a fully finished basement with a separate entrance, a front yard, a community drive, with a detached garage and room enough for 2 cars, and will be delivered vacant. Amenities include quick and easy access to the multitude of establishments along Bay Ridge Ave., P.S. 102, P.S./I.S. 30, P.S. 971, Owl's Head Park, Leif Ericson Park, John Allen Payne Playground, and much more! Transportation options include immediate access to the X27, X37, B37, B9, and B64 buses.

Last Agent to Sell the Property

Donna Prestia

Ben Bay Realty Co Listed on: 11/05/2020

Last Buyer's Agent

Denise DeLeo

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back and Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • 2,200 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Siding

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5838

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 58.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Colonial Rd.
  • Cross Street Name2: Sedgwick Pl.
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove, Other
  • Fill Sq Ft Total: 2200
  • Street Name I D X: Wakeman
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 28
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R3-2

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 2, 2021
Sold by
Farinacci George P
Bought by
Qin Jia
Seller's Agent
Donna Prestia
Ben Bay Realty Co
Buyer's Agent
Denise DeLeo
Ben Bay Realty Co
Sold Price
$1,170,000
Current Estimated Value
$1,442,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,404
Avg. Annual Appreciation
4.44%
Original Mortgage
$877,500
Outstanding Balance
$784,405
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$657,999

Purchase Details

Closed on
Nov 28, 2003
Sold by
Farinacci George P and Farinacci Joseph N
Bought by
Farinacci George P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,457
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Grasso Jeffrey
Bought by
Farinacci George P and Farinacci Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 1999
Sold by
Bernius Charles A
Bought by
Grasso Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.85%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Bernius Paul S
Bought by
Bernius Charles A

Purchase Details

Closed on
Jun 18, 1997
Sold by
Bernius Paul S
Bought by
Bernius Paul S and Bernius Paul S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Qin Jia $1,170,000 --
Qin Jia $1,170,000 --
Qin Jia $1,170,000 --
Farinacci George P -- --
Farinacci George P -- --
Farinacci George P $400,000 --
Farinacci George P $400,000 --
Grasso Jeffrey $285,000 --
Grasso Jeffrey $285,000 --
Bernius Charles A $94,000 Commonwealth Land Title Ins
Bernius Charles A -- Commonwealth Land Title Ins
Bernius Paul S -- --
Bernius Paul S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qin Jia $877,500
Closed Qin Jia $877,500
Previous Owner Farinacci George P $46,457
Previous Owner Farinacci George P $380,000
Previous Owner Grasso Jeffrey $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $1,170,000 -- $532 / Sq Ft
11/05/2020 11/05/20 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 $9,577 $89,280 $10,500 $78,780
2024 $9,577 $83,700 $10,500 $73,200
2023 $9,137 $101,940 $10,500 $91,440
2022 $8,981 $89,880 $10,500 $79,380
2021 $9,396 $83,580 $10,500 $73,080
2020 $4,406 $76,920 $10,500 $66,420
2019 $8,312 $76,920 $10,500 $66,420
2018 $7,642 $37,490 $7,194 $30,296
2017 $7,642 $37,490 $6,376 $31,114
2016 $7,437 $37,204 $7,492 $29,712
2015 $4,266 $35,100 $7,983 $27,117
2014 $4,266 $33,114 $8,910 $24,204
Source: Public Records

Agents Affiliated with this Home

  • Donna Prestia

    Seller's Agent in 2021

    Donna Prestia

    Ben Bay Realty Co

    (917) 803-3450

    4 in this area

    32 Total Sales

    Donna Prestia
    Section Image
  • Denise DeLeo

    Buyer's Agent in 2021

    Denise DeLeo

    Ben Bay Realty Co

    (718) 541-4278

    3 in this area

    35 Total Sales

    Denise DeLeo
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 445181

Brooklyn Board of REALTORS®

APN: 05838-0028

New York Kings County Brooklyn 11220 Bay Ridge

110 Wakeman Place, Brooklyn, NY

Not Listed for Sale

MultiFamily

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