NOT LISTED FOR SALE

111 Bay 50th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $757,423

-- Bed
-- Bath
3,430 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $700,000 $204 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,777/month

Highlights

  • 4,950 Sq Ft lot
  • 4-minute walk to Bay 50 Street
  • Heating System Uses Steam
  • Tile Flooring
  • Brick Front
  • Back and Front Yard

About This Home

As of December 2021

Bath Beach/Bensonhurst-Corner Store plus 2 family, 2 bedrooms over 2 bedrooms, great location, can be sold as a package with 105 & 107 Bay 50th Street for development, store and second floor apartment vacant, gas heat & hot water, owner will listen to all offers, House size 45'x22', Lot Size 83'x60', Year Built 1945, Zoning R5, Taxes $15,984

Last Agent to Sell the Property

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 05/10/2021

Co-Listed By

Melissa Garofalo

Ben Bay Realty Co of Bay Ridge

Last Buyer's Agent

Melissa Garofalo

Ben Bay Realty Co of Bay Ridge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,984

Year Built

  • Built in 1945

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 83'x60'
  • Irregular Lot
  • Back and Front Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 3,430 Sq Ft Home
  • 3-Story Property
  • Ceiling height between 8 to 10 feet
  • Unfinished Basement

Flooring

  • Parquet
  • Tile

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6924

Property Details

Property Type

Other

Est. Annual Taxes

$15,984

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 990
  • Building Length: 22.00
  • Building Width: 45.00
  • Co List Office Mls Id: 116071
  • Co List Office Phone: (718) 238-6080
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue Y
  • Cross Street Name2: West 17th St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3430
  • Building Stories: 3
  • Street Name I D X: Bay 50th
  • Street Number I D X: 111
  • Waterfront Present: No
  • Year Built: 1945
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Parquet, Tile
  • Lot Sq Ft: 4950

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding, Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 83'x60'
  • Lot Size Irregular: Yes
  • Lot Size Length: 60
  • Lot Size Width: 83
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 15984.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Dec 13, 2021
Sold by
Bay 50Th Street Realty Corp
Bought by
111 Bay 50Th Street Llc
Seller's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Melissa Garofalo
Ben Bay Realty Co of Bay Ridge
Sold Price
$700,000
Current Estimated Value
$757,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,423
Avg. Annual Appreciation
2.13%
Original Mortgage
$665,000
Outstanding Balance
$613,104
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,319
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
111 Bay 50Th Street Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 111 Bay 50Th Street Llc $165,000
Open 111 Bay 50Th Street Llc $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $700,000 -- $204 / Sq Ft
05/10/2021 05/10/21 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 $20,181 $223,200 $72,900 $150,300
2024 $20,181 $186,120 $72,900 $113,220
2023 $18,335 $232,650 $72,900 $159,750
2022 $16,933 $236,250 $72,900 $163,350
2021 $15,720 $220,050 $72,900 $147,150
2020 $15,720 $241,650 $72,900 $168,750
2019 $15,661 $238,680 $72,900 $165,780
2018 $14,624 $114,976 $42,140 $72,836
2017 $13,541 $106,460 $40,966 $65,494
2016 $12,708 $98,575 $47,386 $51,189
2015 $8,251 $98,575 $56,830 $41,745
2014 $8,251 $95,518 $55,067 $40,451
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mussolino

    Seller's Agent in 2021

    Anthony Mussolino

    Ben Bay Realty Co of Bay Ridge

    (718) 836-6504

    8 in this area

    140 Total Sales

    Anthony Mussolino
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Melissa Garofalo

    Ben Bay Realty Co of Bay Ridge

    (718) 238-6080

    3 in this area

    3 Total Sales

    Melissa Garofalo
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450959

Brooklyn Board of REALTORS®

APN: 06924-0053

New York Kings County Brooklyn 11214 Gravesend

111 Bay 50th St, Brooklyn, NY

This home is located at 111 Bay 50th St, Brooklyn, NY 11214 since 10 May 2021 and is currently estimated at $757,423, approximately $220 per square foot. This property was built in 1945. 111 Bay 50th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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.

Nearby Homes