NOT LISTED FOR SALE

235 Bay Ridge Ave Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,147,304 - $1,295,000

7 Beds
3 Baths
1,648 Sq Ft
$739/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $1,065,000 $646 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,318/month

Highlights

  • Wood Flooring
  • 5-minute walk to Bay Ridge Avenue
  • Back and Front Yard
  • P.S. 102 The Bayview School Rated A
  • Heating System Uses Steam

About This Home

As of May 2023

Legal 3 Family with a C/O - Bay Ridge Brooklyn. Attached Brick on a 18.33 x 100 Lot, Building is 18 x 48, R4B Zoning.
3 bedrooms over 2 bedroom over 1 Bedroom. No Leases, Top floor is Vacant. Present all offers!!

Last Agent to Sell the Property

Charles Fabbella

Ben Bay Realty Co of Bay Ridge Listed on: 01/05/2023

Last Buyer's Agent

George Chu

Ben Bay Realty Co of Bay Ridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,296

Year Built

  • Built in 1925

Lot Details

  • 1,833 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,296

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 864
  • Building Length: 48.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ridge Blvd
  • Cross Street Name2: 3rd Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Rooms Total Level1: 4
  • Rooms Total Level2: 5
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 1648
  • Building Stories: 2
  • Street Name I D X: Bay Ridge
  • Street Number I D X: 235
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 1833
  • Total Rooms: 15

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 72
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R4B

Tax Info

  • Flip Tax Amount: 7296.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 12, 2023
Sold by
Badin Steven Shadi
Bought by
235 Bay Ridge Llc
Seller's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
George Chu
Ben Bay Realty Co of Bay Ridge
List Price
$1,299,000
Sold Price
$1,065,000
Premium/Discount to List
-$234,000
-18.01%
Current Estimated Value
$1,217,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,576
Avg. Annual Appreciation
4.05%
Original Mortgage
$639,000
Outstanding Balance
$622,915
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$541,686

Purchase Details

Listed on
Jan 5, 2023
Closed on
May 18, 2023
Sold by
Estate Of Yvonne Papacostopoulos and Jason Duck Co-Administrator
Bought by
Badin Steven Shadi
Seller's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
George Chu
Ben Bay Realty Co of Bay Ridge
List Price
$1,299,000
Sold Price
$1,065,000
Premium/Discount to List
-$234,000
-18.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Outstanding Balance
$622,915
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$541,686
Source: Public Records

Range of Values:

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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
235 Bay Ridge Llc -- --
Badin Steven Shadi $1,065,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badin Steven Shadi $639,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,065,000 -6.5% $646 / Sq Ft
03/14/2023 03/14/23 Price Changed $1,139,000 -4.1% $691 / Sq Ft
03/06/2023 03/06/23 Price Changed $1,188,000 -4.9% $721 / Sq Ft
02/22/2023 02/22/23 Price Changed $1,249,000 -3.0% $758 / Sq Ft
01/31/2023 01/31/23 Price Changed $1,288,000 -0.8% $782 / Sq Ft
01/05/2023 01/05/23 For Sale $1,299,000 -- $788 / Sq Ft
01/05/2023 01/05/23 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 $8,204 $60,420 $15,600 $44,820
2024 $8,204 $58,020 $15,600 $42,420
2023 $7,859 $57,420 $15,600 $41,820
2022 $7,296 $52,800 $15,600 $37,200
2021 $7,691 $51,540 $15,600 $35,940
2020 $7,691 $62,460 $15,600 $46,860
2019 $7,120 $49,680 $15,600 $34,080
2018 $6,573 $32,246 $7,985 $24,261
2017 $6,208 $30,456 $10,447 $20,009
2016 $6,088 $30,456 $10,405 $20,051
2015 $3,465 $30,057 $11,754 $18,303
2014 $3,465 $28,365 $10,221 $18,144
Source: Public Records

Agents Affiliated with this Home

  • Charles Fabbella

    Seller's Agent in 2023

    Charles Fabbella

    Ben Bay Realty Co of Bay Ridge

    (917) 453-0053

    24 in this area

    113 Total Sales

    Section Image
  • George Chu

    Buyer's Agent in 2023

    George Chu

    Ben Bay Realty Co of Bay Ridge

    (718) 238-6080

    3 in this area

    19 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 470927

Brooklyn Board of REALTORS®

APN: 05862-0072

New York Kings County Brooklyn 11209 Bay Ridge

235 Bay Ridge Ave, Brooklyn, NY

This home is located at 235 Bay Ridge Ave, Brooklyn, NY 11220 since 05 January 2023 and is currently estimated at $1,217,576, approximately $738 per square foot. This property was built in 1925. 235 Bay Ridge Ave is a home located in Kings County with nearby schools including P.S. 102 The Bayview School, Junior High School 259 William McKinley, and Fort Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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