NOT LISTED FOR SALE

132 68th St Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,268,000 - $1,425,000

5 Beds
2.5 Baths
2,072 Sq Ft
$654/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $1,020,000 $492 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,863/month

Highlights

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

About This Home

As of February 2020

Bay Ridge- Amazing Two Family Brick Townhouse 20x60. This home features high ceiling,semi-modern kitchens, tile baths and hardwood floors. Extremely convenient to Manhattan with the express bus stop to Manhattan one block away. The R train is a short walk and also the ferry to Manhattan is also a very short walk. For all park lovers, Owl’s head park is just on the other side of Colonial Road. A must see home on a beautiful tree lined Street. To contact me, my email is my first and last name at gmail. See you soon!

Last Agent to Sell the Property

Paul Relyea

RE/MAX Real Estate Professiona Listed on: 09/11/2019

RE/MAX Real Estate Professiona

Last Buyer's Agent

Paul Relyea

RE/MAX Real Estate Professiona Listed on: 09/11/2019

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,816

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Block 5861

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,200
  • Insurance Expense $1,500
  • Utility Expense $300
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,816

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Colonial Rd
  • Cross Street Name2: Madeline Ct
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2072
  • Building Stories: 2
  • Street Name I D X: 68
  • Building Style: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 15
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R3-2

Rental Info

  • Rent Income: 23400

Multi Family

  • Annual Gross Expense: 11216.00
  • Annual Gross Income: 23400
  • Insurance Expense: 1500.00
  • Unit Count: 2
  • Annual Utility Expenses: 300.00

Tax Info

  • Flip Tax Amount: 7816.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Feb 24, 2020
Sold by
Edward P Gallagher Revocable Trust Date
Bought by
Chan David and Chan Fu
Seller's Agent
Paul Relyea
RE/MAX Real Estate Professiona
Buyer's Agent
Paul Relyea
RE/MAX Real Estate Professionals
Sold Price
$1,020,000
Current Estimated Value
$1,354,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,880
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Gallagher Edward P
Bought by
Edward P Gallagher As Trustee and Edward P Gallagher Revocable Trust, Dat
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan David $1,020,000 --
Edward P Gallagher As Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $1,020,000 -- $492 / Sq Ft
09/11/2019 09/11/19 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 $9,343 $79,680 $14,640 $65,040
2024 $9,343 $76,200 $14,640 $61,560
2023 $8,815 $75,600 $14,640 $60,960
2022 $8,409 $70,980 $14,640 $56,340
2021 $8,503 $63,780 $14,640 $49,140
2020 $8,216 $67,560 $14,640 $52,920
2019 $7,816 $67,560 $14,640 $52,920
2018 $7,158 $36,572 $8,410 $28,162
2017 $6,734 $34,503 $8,779 $25,724
2016 $6,458 $33,855 $9,219 $24,636
2015 $3,706 $32,347 $10,862 $21,485
2014 $3,706 $32,304 $10,637 $21,667
Source: Public Records

Agents Affiliated with this Home

  • Paul Relyea

    Seller's Agent in 2020

    Paul Relyea

    RE/MAX

    3 in this area

    8 Total Sales

    Paul Relyea
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 433160

Brooklyn Board of REALTORS®

APN: 05861-0015

New York Kings County Brooklyn 11220 Bay Ridge

132 68th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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