
197 Bay 47th St Unit 5 Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $3,991/month
Highlights
- Multiple cooling system units
- Laundry Facilities
- Secure Lobby
About This Home
Welcome to your new home on a peaceful, tree-lined street — a beautifully maintained 2-bedroom, 2-bathroom condo offering 1,042 sq. ft. of modern comfort in a prime Brooklyn location.Located on the second floor, this bright and airy residence features an open-concept layout with oversized windows that flood the space with natural light. The heart of the home is a fully renovated kitchen, outfitted with sleek quartz countertops, custom cabinetry, and high-end stainless steel appliances, including a dishwasher and gas stove — perfect for both everyday living and entertaining.Both bedrooms are generously sized to accommodate king-size beds and offer excellent closet space. The primary suite includes its own private balcony, an en-suite bathroom, and a jacuzzi tub for a true spa-like retreat. Both bathrooms have been tastefully updated with modern vanities, stylish fixtures, and elegant mirrors.Enjoy your morning coffee or evening wine from two private balconies, offering a serene outdoor escape. For added convenience, the unit includes a dedicated laundry room with a washer, dryer, and extra-large storage closets.Additional features include:Reserved parking spotSecurity cameras in the buildingLow annual property taxes: $4,609Commuters will appreciate the easy access to the Bay 50th Street train station, local bus lines, and nearby highway connections. You'll also enjoy proximity to parks, top-rated schools, shopping, and dining, making this a fantastic location for both convenience and quality of life.This move-in-ready condo is a rare find, combining modern style, practical amenities, and a highly desirable location. Don’t miss your chance to call this stunning property home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,609
Year Built
- Built in 2003
Parking
- 1 Parking Space
Home Design
- 1,042 Sq Ft Home
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
Utilities
- Multiple cooling system units
- Septic System
Listing and Financial Details
- Tax Block 6915
Community Details
Overview
- 7 Units
- 197 Bay 47Th Street Condos
- Property managed by Self-Managed
Amenities
- Laundry Facilities
- Secure Lobby
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,831 | $65,121 | $1,189 | $63,932 |
2024 | $4,831 | $51,439 | $1,189 | $50,250 |
2023 | $4,609 | $45,463 | $1,189 | $44,274 |
2022 | $4,202 | $41,914 | $1,189 | $40,725 |
2021 | $4,186 | $38,205 | $1,189 | $37,016 |
2020 | $1,235 | $29,823 | $1,189 | $28,634 |
2019 | $3,454 | $25,935 | $1,189 | $24,746 |
2018 | $2,506 | $18,912 | $737 | $18,175 |
2017 | $1,745 | $17,842 | $750 | $17,092 |
2016 | $1,052 | $16,833 | $828 | $16,005 |
2015 | $323 | $16,833 | $847 | $15,986 |
2014 | $323 | $16,705 | $841 | $15,864 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/07/2025 05/07/25 | Price Changed | $653,000 | -2.2% | $627 / Sq Ft |
03/22/2025 03/22/25 | For Sale | $668,000 | -- | $641 / Sq Ft |
03/22/2025 03/22/25 | Pending | -- | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $346,788 | -- | |
Deed | $346,788 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $32,258 | Unknown | |
Closed | $51,300 | No Value Available | |
Open | $273,600 | Purchase Money Mortgage | |
Closed | $273,600 | No Value Available |
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Source: Brooklyn Board of REALTORS®
MLS Number: 490257

APN: 06915-1005
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