NOT LISTED FOR SALE

Estimated Value: $1,622,000 - $2,184,000

5 Beds
5 Baths
4,400 Sq Ft
$447/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $1,785,000 $406 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,547/month

393 Days on Market

About This Home

As of February 2021

Priced to sell! 151-153 86th Street is a huge brick two family home and very special in so many ways! It was custom built on an extra deep double lot (40 X 125) and meticulously maintained by the same family for years. There are separate entrances and separate staircases to each apartment with a common South-facing terrace in between. Configured as an owner?s duplex with a rental unit above, there are 4+ bedrooms and 5 bathrooms. Each apartment offers gracious layouts and exceptional outdoor space specifically designed with entertaining in mind.

As you enter the expansive living and dining room of the owner?s duplex, you will find beautiful hardwood floors, a wood burning fireplace and tremendous natural light from the floor-to-ceiling front glass windows. The large eat-in-kitchen, 2 bedrooms and 2 baths complete this floor. The lower level features a large recreation room, bathroom, office currently used as a bedroom, laundry room and plenty of storage closets. A separate side entrance that leads to this level makes this duplex an ideal mother/daughter unit or just private accommodations for visiting guests. There are gorgeous landscaped grounds and parking on premise for four cars! A two-car garage plus two more spots in the private driveway. Perfectly located near all that Bay Ridge has to offer. It is just two blocks to the trains and express bus to Manhattan, to shopping on 86 Street, to restaurants on 3rd Avenue and the parks along Shore Road.

151-153 86th Street is truly special with so many possibilities ? convert to a grand one family; live in one unit and rent out the other; use as an investment property.

Last Agent to Sell the Property

Diane Henning

Corcoran Group License #10301203167 Listed on: 11/05/2019

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,836

Year Built

  • Built in 1950

Lot Details

  • 5,009

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 125.0 x 40.0

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 6032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,836

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Colonial Road & Ridge Boulevard
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 125.0 x 40.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1950

Tax Info

  • Tax Block: 6032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 12, 2021
Sold by
Zogby Robert
Bought by
Park Michelle Aejin and Tang Bok Hing
Seller's Agent
Diane Henning
Corcoran Group
List Price
$2,200,000
Sold Price
$1,785,000
Premium/Discount to List
-$415,000
-18.86%
Current Estimated Value
$1,968,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,742
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,428,000
Outstanding Balance
$1,283,006
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$685,736

Purchase Details

Closed on
Sep 12, 2019
Sold by
Lyla Gennaoui Family Trust
Bought by
Zogby Robert

Purchase Details

Closed on
May 12, 2016
Sold by
Gennaoui Lyla
Bought by
Gennaoui Lyla and Lyla Gennaoui Family Trust

Purchase Details

Closed on
Apr 25, 2014
Sold by
Estate Of Violet Zogby
Bought by
Gennaoui Lyla
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
Park Michelle Aejin $1,785,000 --
Zogby Robert -- --
Gennaoui Lyla -- --
Gennaoui Lyla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Michelle Aejin $1,428,000
Closed Park Michelle Aejin $1,428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $1,785,000 -18.9% $406 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $2,200,000 -- $500 / 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 $21,836 $113,700 $40,560 $73,140
2024 $21,836 $108,720 $40,560 $68,160
2023 $22,172 $113,220 $42,240 $70,980
2022 $19,773 $108,240 $42,240 $66,000
2021 $19,396 $121,080 $42,240 $78,840
2020 $14,487 $108,540 $42,240 $66,300
2019 $18,149 $108,540 $42,240 $66,300
2018 $17,591 $86,295 $27,514 $58,781
2017 $16,596 $81,411 $29,543 $51,868
2016 $15,354 $76,804 $33,418 $43,386
2015 $9,043 $76,635 $40,795 $35,840
2014 $9,043 $72,298 $32,718 $39,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10628180

Real Estate Board of New York (REBNY)

APN: 06032-0059