NOT LISTED FOR SALE

Estimated Value: $1,448,005

-- Bed
-- Bath
3,160 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,400,000 $443 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,702/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Heating System Uses Steam
  • P.S. 185 Walter Kassenbrock Rated A
  • Multiple cooling system units
  • Back Yard

About This Home

As of June 2023

BRICK 2 FAMILY & OFFICE/MEDICAL (20' x 51') on a (20' x 100') LOT IN THE HEART OF BAY RIDGE RIGHT OFF OF 3RD AVENUE! The ground floor office was fully renovated and features new split system AC units, new electrical, tiled floors and bath, recessed lighting, reception, storage, 3 private rooms and an open concept main room. The first floor is a renovated large one bedroom apartment with a formal living room, full bath, and dinning area next to the kitchen. The kitchen is newly renovated with stainless steel appliances, quartz counters, tiled backsplash, and new cabinets. There are new recessed lighting throughout, hardwood floors, and plenty of closet space. The second floor is an updated bright 2 bedroom apartment with 2 skylights throughout. Formal living room, tiled bath, and updated eat-in kitchen with new Quartz countertops, tiled backsplash and applicances. There are new recessed lighting throughout, hardwood floors, and plenty of closet space. A large private backyard is accessible via the office or from the first floor apartment. This property is located off the corner of 3rd avenue and 83rd street. One block to the R-Train. Steps to the Restaurants and Shops of Bay Ridge. Commercial tenant has 4 years remaining on the lease with increases. Contact me for all the details!

Last Agent to Sell the Property

Milan Obradovic

Listed on: 11/17/2022

Co-Listed By

Wade Jabour

Last Buyer's Agent

Danielle Jabour

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,038

Year Built

  • Built in 1945

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Fenced Yard
  • Back Yard
  • Property is zoned R6B

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 3,160 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Flooring

  • Wood
  • Tile

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6007

Property Details

Property Type

Other

Est. Annual Taxes

$9,038

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Basement Amenities: Separate Entrance, Walk-in
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1020
  • Building Length: 51.00
  • Building Width: 20.00
  • Co List Office Mls Id: 116260
  • Co List Office Phone: (718) 748-1800
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Handicap Design, Intercom, Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Av
  • Cross Street Name2: 4th Av
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3160
  • Building Stories: 3
  • Street Name I D X: 83rd
  • Street Number I D X: 305
  • Year Built: 1945
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 3
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Rental Info

  • Rent Income: 75600

Tax Info

  • Flip Tax Amount: 9038.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jun 29, 2023
Sold by
Martinez Lydia E and Martinez Richard
Bought by
Pej 23Rd Street Llc
Seller's Agent
Milan Obradovic
Buyer's Agent
Danielle Jabour
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
3
Current Estimated Value
$1,448,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,005
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Hamway Theodore G
Bought by
Martinez Lydia E and Martinez Richard
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
Pej 23Rd Street Llc $1,400,000 --
Martinez Lydia E $995,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $1,400,000 -6.7% $443 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $1,500,000 -- $475 / Sq Ft
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 $9,749 $81,060 $17,340 $63,720
2024 $9,749 $75,480 $17,340 $58,140
2023 $9,300 $72,600 $17,340 $55,260
2022 $9,038 $77,640 $17,340 $60,300
2021 $9,528 $70,920 $17,340 $53,580
2020 $4,486 $84,840 $17,340 $67,500
2019 $8,462 $84,840 $17,340 $67,500
2018 $7,779 $38,160 $9,362 $28,798
2017 $7,691 $37,728 $9,921 $27,807
2016 $7,542 $37,728 $11,903 $25,825
2015 $4,293 $35,730 $13,533 $22,197
2014 $4,293 $33,708 $15,317 $18,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469164

Brooklyn Board of REALTORS®

APN: 06007-0003