NOT LISTED FOR SALE

28 Bay 50th St Unit 1A Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $558,000 - $649,000

3 Beds
2 Baths
1,061 Sq Ft
3,877 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $539,000 $508 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,542/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • 1-minute walk to Bay 50 Street

About This Home

As of December 2021

Bath Beach spacious 3 bedrooms/2 bath condo in excellent condition. 1,061 square feet built in 2008. Located on first floor. High ceiling, central air, open kitchen, and stainless steal appliances. Lots of windows and closets. Washer/Dryer hookup. Monthly common charges are only $342, annual property tax of $3,401. Near D-train, schools, parks and supermarkets.

Last Agent to Sell the Property

Xiao Ming Tan

Listed on: 08/04/2021

Co-Listed By

Gary Cheng

Last Buyer's Agent

Yi Cheng Ruan

E Realty International Corp

E Realty International Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 2008

Lot Details

  • 3,877

Home Design

  • 1,061 Sq Ft Home

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Heating System Uses Gas

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Block 6904

Community Details

Overview

  • 6 Units
  • Association Phone (212) 349-5334
  • 26 & 28 Bay 50Th Street Condo
  • Property managed by Bethel Management

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,401

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: Stillwell Ave
  • Cross Street Name2: Harway Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Heat Delivery: Ductless/Split, Hot Air
  • Maintenance Common Fee: 342.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Refrigerator, Stove, Washer
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 1061
  • Street Name I D X: Bay 50th
  • Street Number I D X: 28
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic, Hardwood
  • Entry Floor: 1
  • Pets Allowed: Yes
  • Room Count: 7
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1104

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: Bethel Management
  • Manager Phone: 212-349-5334
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 6

Lot Info

  • Building Project Name: 26 & 28 Bay 50th Street Condo

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3401.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Dec 28, 2021
Sold by
Uygur Kemalettin
Bought by
Lin Ruiqin and Wu Yanmin
Seller's Agent
Xiao Ming Tan
Buyer's Agent
Yi Cheng Ruan
E Realty International Corp
Sold Price
$539,000
Current Estimated Value
$591,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,000
Avg. Annual Appreciation
2.89%
Original Mortgage
$323,400
Outstanding Balance
$299,044
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,599

Purchase Details

Closed on
Aug 16, 2011
Sold by
2 Bay 50Th Llc
Bought by
Uygur Kemalettin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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
Lin Ruiqin $539,000 --
Uygur Kemalettin $328,993 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ruiqin $323,400
Previous Owner Uygur Kemalettin $140,000
Previous Owner Uygur Kemalettin $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $539,000 -- $508 / Sq Ft
08/04/2021 08/04/21 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 $3,675 $36,800 $2,137 $34,663
2024 $3,675 $33,603 $2,137 $31,466
2023 $3,688 $36,302 $2,137 $34,165
2022 $3,420 $33,473 $2,137 $31,336
2021 $3,402 $29,134 $2,137 $26,997
2020 $1,595 $28,883 $2,137 $26,746
2019 $3,190 $28,883 $2,137 $26,746
2018 $3,085 $15,133 $1,446 $13,687
2017 $2,910 $14,277 $1,473 $12,804
2016 $2,693 $13,469 $1,780 $11,689
2015 $1,814 $12,707 $2,137 $10,570
2014 $1,814 $12,707 $2,137 $10,570
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2021

    Xiao Ming Tan

    (917) 903-9216

    8 in this area

    18 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gary Cheng

    (347) 742-1436

    6 in this area

    16 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2021

    Yi Cheng Ruan

    E Realty International Corp

    (646) 240-1956

    2 in this area

    31 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454476

Brooklyn Board of REALTORS®

APN: 06904-1104

New York Kings County Brooklyn 11214 Gravesend

28 Bay 50th St Unit 1A, Brooklyn, NY

This home is located at 28 Bay 50th St Unit 1A, Brooklyn, NY 11214 since 04 August 2021 and is currently estimated at $601,864, approximately $567 per square foot. This property was built in 2008. 28 Bay 50th St Unit 1A is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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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