NOT LISTED FOR SALE

Estimated Value: $1,726,000 - $2,268,000

5 Beds
3.5 Baths
2,318 Sq Ft
$825/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $1,435,000 $619 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,025/month

143 Days on Market

Highlights

  • Pre War Building
  • P.S. 102 The Bayview School Rated A
  • 4-minute walk to 77 Street (R Line)

About This Home

As of October 2020

Welcome to 262 77th Street! 3D Virtual Tour Now Available. Contact Listing Agent for Live Chat. 5BR/3bth FULLY DETACHED TWO-FAMILY house with PRIVATE DRIVEWAY and AMAZING BACKYARD in prime Bay Ridge! This sun-filled Queen Anne Victorian is located on an expansive 40 x 109 lot on a beautiful tree-lined street. It features a pool-sized BACKYARD, charming FRONT PORCH, BALCONY, and original details including bay windows, high ceilings, stained glass windows, and hardwood floors with inlaid borders. The current configuration is a 4 bedroom duplex over a spacious 1 bedroom apartment. The apartment features a bright and airy living room, a formal dining room, and an eat-in kitchen complete with a dishwasher. A glass-paned door leads to the patio and over-sized backyard, perfect for outdoor dining and barbecues. This floor also includes a spacious bedroom with floor-to-ceiling closets, as well as, a full bathroom. The owner's duplex includes a large living room, formal dining room and windowed eat-in kitchen, which leads to a spacious balcony with tree-top views overlooking the backyard lawn & garden. This portion of the house contains 4 bedrooms, one on the second level that is currently being used as a family room/den, and three additional bedrooms on the third floor, as well as, a half bathroom. The lower level houses all the mechanicals (including a new boiler installed in 2016), two laundry areas, a half-bath, plenty of storage space, and access to the backyard. Other notable features include a charming front porch, over-sized windows offering plenty of natural light on each floor, and a private driveway with PARKING FOR a total of 3 CARS. The R4a zoning allows the possibility for the new owner to use as a 1 or 2-family house, and add an approx additional 1000 sq.ft (confirm with your architect.) Conveniently located just steps away from a variety of local shops, restaurants, waterfront parks and promenade and a short stroll to the subway, express bus, and commuter ferry. This home is a special find -- come see it today and make it yours just in time to enjoy all this amazing OUTDOOR SPACE this spring!

Last Agent to Sell the Property

Gina Bartnik

Corcoran Group License #10301219477 Listed on: 02/01/2020

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 109.0 x 40.0

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5959

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Cross Street: Ridge Boulevard & 3rd Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 109.0 x 40.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1889

Tax Info

  • Tax Block: 5959

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Oct 6, 2020
Sold by
Costello Michele and Farage Anthony G
Bought by
Parascandola Matthew
Seller's Agent
Gina Bartnik
Corcoran Group
List Price
$1,525,000
Sold Price
$1,435,000
Premium/Discount to List
-$90,000
-5.9%
Current Estimated Value
$1,913,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,325
Avg. Annual Appreciation
5.65%
Original Mortgage
$981,000
Outstanding Balance
$870,573
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,042,752
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
Parascandola Matthew $1,435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parascandola Matthew $981,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $1,435,000 -5.9% $619 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,525,000 -- $658 / 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 $12,004 $110,640 $25,680 $84,960
2024 $12,004 $96,660 $25,680 $70,980
2023 $11,526 $104,520 $25,680 $78,840
2022 $10,729 $94,320 $25,680 $68,640
2021 $11,311 $100,740 $25,680 $75,060
2020 $8,483 $88,320 $25,680 $62,640
2019 $4,048 $88,320 $25,680 $62,640
2018 $3,672 $47,294 $14,438 $32,856
2017 $6,188 $44,788 $15,636 $29,152
2016 $3,563 $44,788 $15,712 $29,076
2015 $1,938 $43,965 $21,158 $22,807
2014 $1,938 $41,503 $19,913 $21,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622024

Real Estate Board of New York (REBNY)

APN: 05959-0035