Seller's Agent in 2023
Justin Stillitano
Douglas Elliman Real Estate
(516) 759-0400
1 in this area
5 Total Sales
308 86th St Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated Value: $1,549,933
5
Beds
5.5
Baths
4,200
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 3-minute walk to 86 Street (R Line)
- Park
- P.S. 264 Bay Ridge Elementary School for the Arts Rated A-
- Window Unit Cooling System
- Hot Water Heating System
About This Home
As of February 2023PRIME 86th Street & 3rd Avenue location on Bay Ridge's top retail corridor. 6 Unit Mixed-Use Investment Property consists of 5 one bedroom apartments and 1 retail store. Family owned, operated, managed, and first time for sale in almost 70 Years. Well maintained with updated kitchen and bathroom, upgraded mechanicals. All apartments being delivered VACANT for closing. Value-Add Opportunity. Excellent location with shopping, restaurants, and public transportation (Commuter hub of Subway and Buses on 86th Street). Property tours on private basis with required Proof of Funds or Bank Approval Letter.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301215465 Listed on: 10/16/2022
Last Buyer's Agent
Douglas Elliman Real Estate License #10301215465 Listed on: 10/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,959
Year Built
- Built in 1925
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 20x80
- Two or More Common Walls
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,200 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
Location
- Property is near public transit
Schools
- Is 187 Christa Mcauliffe School (The Middle School
- Fort Hamilton High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tenant pays for cooking gas, electricity
- Legal Lot and Block 10 / 6044
- Assessor Parcel Number 06044-0010
Community Details
Overview
- 5 Units
Recreation
- Park
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2022
Closed on
Feb 24, 2023
Sold by
Bernard Smilovich As Trustee Of
Bought by
308 86Th Street Llc
Seller's Agent
Justin Stillitano
Douglas Elliman Real Estate
Buyer's Agent
Justin Stillitano
Douglas Elliman Real Estate
List Price
$2,200,000
Sold Price
$1,500,000
Premium/Discount to List
-$700,000
-31.82%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,933
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,050,000
Outstanding Balance
$1,017,154
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,779
Purchase Details
Closed on
Sep 6, 2022
Sold by
Juliana Smilovich Trust
Bought by
Altero Family Trust and Bernard Smilovich, As Trustee
Purchase Details
Closed on
Mar 31, 2021
Sold by
Smilovich Altero
Bought by
Juliana Smilovich Trust and Miriam Cecilia Moccia, As Trustee
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 308 86Th Street Llc | $1,500,000 | -- | |
| Altero Family Trust | -- | -- | |
| Juliana Smilovich Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 308 86Th Street Llc | $1,050,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $1,500,000 | -24.6% | $357 / Sq Ft |
| 01/26/2023 01/26/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | Price Changed | $1,988,888 | -9.6% | $474 / Sq Ft |
| 10/16/2022 10/16/22 | For Sale | $2,200,000 | -- | $524 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $38,004 | $377,550 | $13,050 | $364,500 |
| 2024 | $38,004 | $314,640 | $13,050 | $301,590 |
| 2023 | $34,528 | $393,300 | $13,050 | $380,250 |
| 2022 | $34,123 | $397,800 | $13,050 | $384,750 |
| 2021 | $33,045 | $366,300 | $13,050 | $353,250 |
| 2019 | $29,264 | $403,650 | $13,050 | $390,600 |
| 2018 | $27,309 | $216,513 | $6,900 | $209,613 |
| 2017 | $27,368 | $215,920 | $7,906 | $208,014 |
| 2016 | $26,795 | $208,604 | $8,098 | $200,506 |
| 2015 | $16,668 | $194,261 | $8,071 | $186,190 |
| 2014 | $16,668 | $179,872 | $8,254 | $171,618 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Stillitano
Map
Source: OneKey® MLS
MLS Number: KEY3437448
APN: 06044-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
Nearby Homes