NOT LISTED FOR SALE

250 72 St Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,462,176 - $1,503,000

Studio
4 Baths
2,204 Sq Ft
$674/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $1,200,000 $544 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,596/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Back Yard
  • P.S. 102 The Bayview School Rated A
  • Heating System Uses Steam

About This Home

As of January 2019

Legal 2 family brick on Ridge Boulevard. Unlimited potential as an investment property or primary home. Located on a lovely Tree Line Street in the heart of Bay Ridge this property features two large apartments. The first-floor apartment has two bedrooms and one-and-a-half baths with parquet floors throughout. The second-floor level has 6 rooms with 3 bedrooms, full bath, kitchen and private outdoor balcony. A full-size basement with an open pallet waiting for the creative eye. Shared drive and garage. This home offers unlimited potential. Easy walk to 3rd Ave where you'll find eclectic shops notable restaurants and organic markets waiting for you to explore. Easy commute to Manhattan with express bus or NYC Transit (R Line). Bay Ridge has some of the finest public and private school in NYC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,917

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 100 x 23
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Stove

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,917

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 54.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ridge Blvd
  • Cross Street Name2: 3rd Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2204
  • Building Stories: 2
  • Street Name I D X: 72
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 2375

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • 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: 100
  • Lot Size Width: 23

Tax Info

  • Flip Tax Amount: 6917.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Gxl Realty Llc
Bought by
Chen Jin Fang and Zheng Jian Hua
Current Estimated Value
$1,486,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Outstanding Balance
$833,121
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$652,923

Purchase Details

Listed on
Oct 16, 2018
Closed on
Jan 23, 2019
Sold by
Caroline Riccio As Trustee and Riccio Family Trust
Bought by
Gxl Realty Llc
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$610,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Jin Fang $1,420,000 --
Gxl Realty Llc $1,220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jin Fang $852,000
Previous Owner Gxl Realty Llc $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $1,200,000 -- $544 / Sq Ft
10/16/2018 10/16/18 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 $10,826 $70,800 $14,160 $56,640
2024 $10,826 $67,680 $14,160 $53,520
2023 $10,327 $73,080 $14,160 $58,920
2022 $9,577 $76,140 $14,160 $61,980
2021 $10,096 $67,320 $14,160 $53,160
2019 $10,400 $73,260 $14,160 $59,100
2018 $7,000 $42,374 $7,874 $34,500
2017 $6,916 $39,978 $9,848 $30,130
2016 $6,787 $39,978 $10,016 $29,962
2015 $3,768 $39,675 $13,075 $26,600
2014 $3,768 $37,430 $12,752 $24,678
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424296

Brooklyn Board of REALTORS®

APN: 05907-0028

New York Kings County Brooklyn 11209 Bay Ridge

250 72 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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