1638 Bay Ridge Ave Unit 1642 Brooklyn, NY 11204
Bensonhurst NeighborhoodEstimated Value: $1,296,000 - $2,003,017
3
Beds
2.5
Baths
4,500
Sq Ft
$392/Sq Ft
Est. Value
About This Home
As of November 2021Luxurious and one of kind! An all brick Italian palazzo, located on a quiet tree lined block in Bensonhurst. Enter the home through a double door, handcrafted in Italy, with hand-painted artisan glass. The palatial sun-drenched entranceway reveals a sweeping custom marble staircase, complemented by hand forged ornate wrought iron railings. To the left, solid cherry pocket doors, with custom glass features, leads into the inviting living room. Oversized windows adorn the living room that features an electric fireplace surrounded by an Italian mantle to welcome you. The formal dining room is perfect for entertaining. Continue into a huge eat-in kitchen complete with custom Italian cherry cabinetry, Egyptian marble counters with a leather finish and gorgeous ceramic tile backsplash with custom mosaic. Ample storage and room for a full table with chairs, this kitchen is a true centerpiece of the home. The main floor also features a bathroom for guests. Upstairs, consists of three bedrooms. An enormous primary bedroom, with lots of light and closets, and two additional bedrooms with closets and private balconies. The upstairs bathroom boasts a corner jacuzzi tub with separate shower and bidet. Not to be outdone, the home has a finished attic, which runs the full length of the home which can be adapted to fit your needs. The finished basement has its own separate entrance, office space, a den space, a laundry room as well as cold storage perfect for a wine cellar. This solidly built home is comprised of all steel, block and brick construction. Three zone radiant heating as well as central air. This luxury home is a showcase of handcrafted Italian artistry from the window and doors details, cabinetry and fine tile and marble work, this home is a must see.
Last Listed By
Douglas Elliman Real Estate License #10401342952 Listed on: 05/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,063
Year Built
- 2003
Lot Details
- 4,008
Interior Spaces
- 2-Story Property
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 3 Bedrooms
Community Details
- Bensonhurst Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2021
Closed on
Nov 29, 2021
Sold by
Buttitta Francesco and Buttitta Frank
Bought by
Lei Shui Kam and Tse Raymond
Seller's Agent
Roberto Pollina
Douglas Elliman Real Estate
List Price
$2,288,000
Sold Price
$1,900,000
Premium/Discount to List
-$388,000
-16.96%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,746
Avg. Annual Appreciation
-2.12%
Original Mortgage
$1,215,000
Outstanding Balance
$1,129,287
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$632,967
Purchase Details
Closed on
Oct 9, 2020
Sold by
Buttitta Frank and Buttitta Maddalena
Bought by
Buttitta Frank and Buttitta Leonardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2002
Sold by
Raggio Lisa
Bought by
Buttitta Frank and Buttitta Maddalena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Purchase Details
Closed on
Aug 3, 1993
Sold by
Raggio Mary G
Bought by
Raggio Lisa
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lei Shui Kam | $1,900,000 | -- | |
| Buttitta Frank | -- | -- | |
| Buttitta Frank | -- | -- | |
| Raggio Lisa | -- | Commonwealth Land Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lei Shui Kam | $1,215,000 | |
| Previous Owner | Buttitta Frank | $365,000 | |
| Previous Owner | Buttitta Frank | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $1,900,000 | -17.0% | $422 / Sq Ft |
| 10/30/2021 10/30/21 | Pending | -- | -- | -- |
| 10/29/2021 10/29/21 | For Sale | $2,288,000 | -- | $508 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,063 | $91,860 | $22,800 | $69,060 |
| 2023 | $15,323 | $99,480 | $22,800 | $76,680 |
| 2022 | $14,718 | $92,580 | $22,800 | $69,780 |
| 2021 | $14,700 | $101,520 | $22,800 | $78,720 |
| 2020 | $11,025 | $80,700 | $22,800 | $57,900 |
| 2019 | $6,312 | $80,700 | $22,800 | $57,900 |
| 2018 | $5,749 | $62,874 | $16,455 | $46,419 |
| 2017 | $5,616 | $61,440 | $16,918 | $44,522 |
| 2016 | $6,501 | $59,379 | $13,894 | $45,485 |
| 2015 | $5,622 | $56,203 | $15,676 | $40,527 |
| 2014 | $5,622 | $55,538 | $18,586 | $36,952 |
Source: Public Records
Agents Affiliated with this Home
-
Roberto Pollina
Seller's Agent in 2021
Roberto Pollina
Douglas Elliman Real Estate
(917) 566-9703
5 in this area
12 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10747515
APN: 06159-0021
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