$2,150,000
SOLD MAY 28, 2025
10 Beds
6 Baths
2,788 Sq Ft
1,840 Sq Ft Lot

Recently Sold

$771 Per Sq Ft

20% Below List Price

26 Days on Market

About This Home

As of May 2025

Presenting a rare opportunity to own two stunning limestone buildings at 215 and 217 Ovington Avenue in the heart of Bay Ridge, Brooklyn.

These properties are being sold together, offering immense potential for both personal use and investment. With a combined square footage of approximately 5,550 sq feet, the possibilities are endless for creating your dream home or maximizing investment potential!

Each building is a beautiful two-story home with a full basement and each has retained some original architectural details, including wood paneling and intricate molding, as well as the original flooring in some rooms. At 215 Ovington Avenue, you will find a generous extension, adding additional square footage and further enhancing the potential of the property. Property also offers a private outdoor space in the back - ideal for entertaining and creating your very own backyard oasis.

These properties can be seamlessly combined to create an extraordinary, custom-designed single-family residence with ample space for modern living. Alternatively, you can keep them as separate buildings and enjoy the flexibility of multi-family living or investment opportunities.

This is a truly exceptional opportunity to own a piece of Bay Ridge's history and make it your own!

Please inquire for further details regarding the real estate taxes.

Contact us today to learn more and schedule your private tour!

Last Agent to Sell the Property

Stacey Spanedda

Douglas Elliman Real Estate License #10401257599 Listed on: 02/26/2025

Douglas Elliman Real Estate

Co-Listed By

Sonny Katz

Douglas Elliman Real Estate License #10401300951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,416

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 92.00x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,416

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Bathrooms Integer: 3
  • Bedrooms: 10

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1840.0
  • Lot Size Dimensions: 92.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016
  • Tax Annual: 34416.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
May 28, 2025
Sold by
Rima Realty Co
Bought by
Dauti Ibraim and Dauti Luiza
Seller's Agent
Stacey Spanedda
Douglas Elliman Real Estate
List Price
$2,695,000
Sold Price
$2,150,000
Premium/Discount to List
-$545,000
-20.22%
Views
34
Current Estimated Value
$1,443,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$706,076
Avg. Annual Appreciation
-46.32%
Original Mortgage
$1,040,000
Outstanding Balance
$1,035,481
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$408,443
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Deed $1,300,000 --
Deed $1,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,040,000 Purchase Money Mortgage
Closed $1,040,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $2,150,000 0.0% $771 / Sq Ft
05/28/2025 05/28/25 Price Changed $2,150,000 -20.2% $771 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $2,695,000 -- $967 / 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 $8,894 $92,340 $14,100 $78,240
2024 $8,894 $98,220 $14,100 $84,120
2023 $8,463 $107,280 $14,100 $93,180
2022 $8,121 $100,020 $14,100 $85,920
2021 $8,367 $101,940 $14,100 $87,840
2019 $7,720 $74,220 $14,100 $60,120
2018 $7,158 $35,112 $6,998 $28,114
2017 $6,792 $33,321 $6,450 $26,871
2016 $6,661 $33,321 $7,639 $25,682
2015 $3,791 $32,569 $9,424 $23,145
2014 $3,791 $30,753 $8,521 $22,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20005476

Real Estate Board of New York (REBNY)

APN: 05871-0083