NOT LISTED FOR SALE

Estimated Value: $1,377,000 - $1,581,000

6 Beds
4 Baths
2,304 Sq Ft
$647/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $1,208,000 $524 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,798/month

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • P.S. 185 Walter Kassenbrock Rated A
  • Terrace
  • Hot Water Heating System

About This Home

As of February 2022

EXTRA-LARGE(20x61 HOUSE SIZE) LEGAL 2 FAMILY SOLID BRICK HOME WITH FULL FINISHED BASEMENT WITH SEPARATE FRONT & REAR ENTRANCES + HUGE BACKYARD WITH LARGE DECK + FRONT TERRACE OFF 2nd FLOOR; IDEALLY SITUATED ON A MOST DESIRABLE TREE-LINED BLOCK, IN THE HEART OF BEAUTIFUL BAY RIDGE... ULTRA CONVENIENT LOCATION IS ONLY STEPS TO THRILLING 3rd AVE AMENITIES(RESTAURANTS, SHOPS & BOUTIQUES), ALL FORMS OF TRANSPORTATION, AND SOME OF NYC'S BEST SCHOOLS... 6 ROOMS-3 BEDROOMS OVER 5 ROOMS-2 BEDROOMS OVER FINISHED BASEMENT... MODERN KITCHENS & BATHROOMS, HARDWOOD FLOORS, EXTRA-SPACIOUS ROOMS & ULTRA-HIGH CELINGS THROUGHOUT... A TRUE MUST SEE PROPERTY! PRICED AGGRESSIVELY, COMPETITIVELY & ATTRACTIVELY FOR TODAY'S MARKET- THERE WILL SURELY BE PLENTY OF BUZZ & EXCITEMENT SURROUNDING THIS PRIZED PIECE OF REAL ESTATE, IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS... SPRING HAS SPRUNG, DON'T PROCRASTINATE ON THIS ONE!

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 04/04/2021

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,879

Lot Details

  • 2,187 Sq Ft Lot
  • Lot Dimensions are 109 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,879

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1220
  • Building Length: 61.00
  • 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: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer, Other
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 2304
  • Building Stories: 2
  • Street Name I D X: 79
  • Street Number I D X: 271
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2187
  • Total Rooms: 13

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 54
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Other
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 109
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 9879.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Feb 11, 2022
Sold by
Bridge Bay Llc
Bought by
Chen Qin and Dong Shidi
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
Sold Price
$1,208,000
Current Estimated Value
$1,491,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,606
Avg. Annual Appreciation
5.95%
Original Mortgage
$785,200
Outstanding Balance
$729,118
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$762,488

Purchase Details

Closed on
Sep 30, 2014
Sold by
Chan Jenny Tang and Chan King Man
Bought by
Bridge Bay Llc

Purchase Details

Closed on
Nov 7, 2011
Sold by
Heller Jason P
Bought by
Chan Jenny Tang and Chan King Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
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
Chen Qin $1,208,000 --
Chen Qin $1,208,000 --
Bridge Bay Llc -- --
Bridge Bay Llc -- --
Chan Jenny Tang $755,000 --
Chan Jenny Tang $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qin $785,200
Closed Chen Qin $785,200
Previous Owner Chan Jenny Tang $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $1,208,000 -- $524 / Sq Ft
04/04/2021 04/04/21 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 $10,675 $77,460 $16,200 $61,260
2024 $10,675 $75,240 $16,200 $59,040
2023 $10,478 $77,160 $16,200 $60,960
2022 $10,292 $62,400 $16,200 $46,200
2021 $10,406 $64,320 $16,200 $48,120
2020 $4,911 $79,320 $16,200 $63,120
2019 $9,265 $79,320 $16,200 $63,120
2018 $8,765 $42,996 $9,084 $33,912
2017 $8,758 $42,963 $11,837 $31,126
2016 $8,237 $41,205 $10,886 $30,319
2015 $4,669 $39,122 $11,632 $27,490
2014 $4,669 $36,909 $13,166 $23,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449768

Brooklyn Board of REALTORS®

APN: 05968-0054