NOT LISTED FOR SALE

24 Bay 40th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,015,201 - $1,139,000

-- Bed
3 Baths
1,536 Sq Ft
$695/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $930,000 $605 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,201/month

Highlights

  • Deck
  • 1-minute walk to 25 Avenue
  • Porch
  • P.S. 101 the Verrazano Rated A
  • Wood Flooring
  • Back and Side Yard

About This Home

As of October 2019

FULLY DETACHED 2 FAMILY RENOVATED WITH FINISHED BASEMENT SEPARATE ENTRANCE & SHARED DRIVEWAY THIS HOUSE IS IN EXCELLENT CONDITION HARDWOOD FLOORS AND TILES THROUGHOUT ALL STAINLESS STEEL APPLIANCES NEW CABINETS IN ALL APARTMENTS WONDERFUL BACK YARD SPACE WALKING DISTANCE TO (D) TRAIN 86TH STREET SHOPPING AND TRANSPORTATION WONT LAST

Last Agent to Sell the Property

Anthony Frazzetta

RE/MAX Real Estate Professionals License #31SA1010105 Listed on: 04/01/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Jein Riun Liang

RE/MAX Real Estate Professionals License #10401205443

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1925

Lot Details

  • 1,933 Sq Ft Lot
  • Lot Dimensions are 97 x 20
  • Back and Side Yard

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Pitched Roof
  • Brick Front
  • Stucco Exterior

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Finished Basement

Community Details

Building Details

  • Fuel Expense $1,200
  • Insurance Expense $1,200

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 800
  • Building Length: 50.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86TH STREET
  • Cross Street Name2: BENSON AVENUE
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Dishwasher, Dryer, Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
  • Street Name I D X: Bay 40
  • Street Number I D X: 24
  • Building Style: Duplex
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Ceramic, Hardwood, Slate, Tile, Other
  • Lot Sq Ft: 1933

Exterior Features

  • Yard: Back, Side
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick Face, Stucco
  • Foundation Details: Poured Concrete
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 97
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Insurance Expense: 1200.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 5000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Li Wei Wen and Liu Charlene
Bought by
Li Wei Wen and Liu Charlene
Current Estimated Value
$1,068,050

Purchase Details

Listed on
Apr 1, 2019
Closed on
Sep 30, 2019
Sold by
Bongiorno Connie and Lopresti John J
Bought by
Li Wei Wen and Liu Charlene
Seller's Agent
Anthony Frazzetta
RE/MAX Real Estate Professionals
Buyer's Agent
Jein Riun Liang
RE/MAX Real Estate Professionals
Sold Price
$930,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$650,000
Outstanding Balance
$571,938
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$477,822

Purchase Details

Closed on
Feb 19, 2013
Sold by
Bongiorno Connie
Bought by
Bongiorno Connie and Lopresti John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,800
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2000
Sold by
Lopresti John
Bought by
Bongiorno Connie and Bongiorno Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1998
Sold by
Bongiorno Connie
Bought by
Lopresti John and Bongiorno Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.85%
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
Li Wei Wen -- --
Li Wei Wen $930,000 --
Li Wei Wen $930,000 --
Bongiorno Connie -- --
Bongiorno Connie -- --
Bongiorno Connie $280,000 Washington Title Insurance C
Bongiorno Connie -- Washington Title Insurance C
Lopresti John -- Stewart Title Insurance Co
Lopresti John -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei Wen $650,000
Closed Li Wei Wen $650,000
Previous Owner Bongiorno Connie $270,800
Previous Owner Bongiorno Connie $11,191
Previous Owner Bongiorno Connie $274,500
Previous Owner Lopresti John $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $930,000 -- $605 / Sq Ft
04/01/2019 04/01/19 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 $6,390 $59,040 $11,520 $47,520
2024 $6,390 $57,240 $11,520 $45,720
2023 $6,461 $62,580 $11,520 $51,060
2022 $6,294 $59,220 $11,520 $47,700
2021 $6,260 $54,600 $11,520 $43,080
2020 $2,936 $60,360 $11,520 $48,840
2019 $5,253 $57,360 $11,520 $45,840
2018 $5,107 $26,512 $5,462 $21,050
2017 $5,056 $26,275 $5,637 $20,638
2016 $4,646 $24,790 $6,958 $17,832
2015 $1,056 $23,389 $9,826 $13,563
2014 $1,056 $22,094 $9,282 $12,812
Source: Public Records

Agents Affiliated with this Home

  • Anthony Frazzetta

    Seller's Agent in 2019

    Anthony Frazzetta

    RE/MAX

    (917) 593-8713

    2 in this area

    67 Total Sales

    Anthony Frazzetta
    Section Image
  • Jein Riun Liang

    Buyer's Agent in 2019

    Jein Riun Liang

    RE/MAX

    (718) 838-8235

    6 in this area

    31 Total Sales

    Jein Riun Liang
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428564

Brooklyn Board of REALTORS®

APN: 06867-0051

New York Kings County Brooklyn 11214 Gravesend

24 Bay 40th St, Brooklyn, NY

This home is located at 24 Bay 40th St, Brooklyn, NY 11214 since 01 April 2019 and is currently estimated at $1,068,050, approximately $695 per square foot. This property was built in 1925. 24 Bay 40th St is a home located in Kings County with nearby schools including P.S. 101 the Verrazano, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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