NOT LISTED FOR SALE

247 Senator St Brooklyn, NY 11220

Bay Ridge Neighborhood
10 Beds
6 Baths
4,500 Sq Ft
2,060 Sq Ft Lot

Last Sold October 18, 2024

Last sale price $1,120,000 $249 Per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • P.S. 102 The Bayview School Rated A
  • Partially Fenced Property
  • 4-minute walk to John Allen Payne Playground

About This Home

As of October 2024

Calling all Investors, End-users and Developers Six-family building in Bay Ridge. The building is in excellent condition, with a modern and fully functional heating system and a recently replaced roof. Nearby amenities include parks, well-performing schools, the R Train, and multiple MTA Bus services. The financials for the building are as follows: Current Gross Collectible Income (GCI): $105,600, Current Total Annual Expenses: $30,152, and Current Net Operating Income (NOI): $75,448. This property would be an excellent addition to any real estate investment portfolio. Don't miss out on this opportunity!

Last Agent to Sell the Property

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 02/26/2024

RE/MAX Real Estate Professionals

Co-Listed By

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

RE/MAX Real Estate Professionals

Last Buyer's Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,869

Year Built

  • Built in 1906

Lot Details

  • 2,060 Sq Ft Lot
  • Lot Dimensions are 103 x 20
  • Partially Fenced Property
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Block 5849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,869

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 74.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ridge Blvd
  • Cross Street Name2: 3rd Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 7
  • Fill Sq Ft Total: 4500
  • Building Stories: 3
  • Street Name I D X: Senator
  • Building Style: Other
  • Year Built: 1906
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 10
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2060

Exterior Features

  • Yard: Back, Front, Fenced - Partial
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 56
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 103
  • Lot Size Width: 20
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 16869.00

Multi Family

  • Unit Count: 6

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $1,120,000 -13.8% $249 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,299,000 +30.6% $289 / Sq Ft
05/14/2024 05/14/24 Price Changed $995,000 -2.9% $221 / Sq Ft
04/26/2024 04/26/24 Price Changed $1,025,000 -2.4% $228 / Sq Ft
04/16/2024 04/16/24 Price Changed $1,050,000 -2.3% $233 / Sq Ft
04/12/2024 04/12/24 Price Changed $1,075,000 -1.8% $239 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,095,000 -15.7% $243 / Sq Ft
02/26/2024 02/26/24 For Sale $1,299,000 -- $289 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vito Angelo

    Seller's Agent in 2024

    Vito Angelo

    RE/MAX

    (718) 887-5708

    28 in this area

    265 Total Sales

    Vito Angelo
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Billy Apter

    RE/MAX

    (718) 887-5708

    26 in this area

    255 Total Sales

    Billy Apter
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 480077

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11220 Bay Ridge

247 Senator St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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