NOT LISTED FOR SALE

342 Bay Ridge Pkwy Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,301,000 - $1,521,000

-- Bed
3 Baths
2,000 Sq Ft
$702/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $1,150,000 $575 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,302/month

Highlights

  • Multiple cooling system units
  • 2-minute walk to Bay Ridge Avenue
  • Back Yard
  • P.S. 102 The Bayview School Rated A
  • Hot Water Heating System

About This Home

As of March 2022

LOCATION, LOCATION, LOCATION...Bay Ridge area! Amazing 2 family BRICK home.
This Home each floor features 3 bedroom,1 bathroom, living room and kitchen. Every room with window.Finished basement with Separate entrance,
Home is conveniently located near all shopping and dining and close to schools; Don't miss this opportunity!
please Contact listing agent for schedule appointment to view this amazing home!

Last Agent to Sell the Property

Isabel Zhen

King Zone Realty Inc Listed on: 07/15/2021

Co-Listed By

Larry Zhao

King Zone Realty Inc

Last Buyer's Agent

Tong Lu

King Zone Realty Inc

King Zone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,139

Year Built

  • Built in 1910

Lot Details

  • 1,863 Sq Ft Lot
  • Lot Dimensions are 93 x 20
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Finished Basement

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,139

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117270
  • Co List Office Phone: (718) 871-0888
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3 Ave
  • Cross Street Name2: 4 Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: Bay Ridge
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Laminate
  • Lot Sq Ft: 1863

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 25
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 93
  • Lot Size Width: 20
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 9139.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Mar 1, 2022
Sold by
Chen Wu Wei and Kuang Yan Na
Bought by
Chen Cui Ping and Yuan Hai
Seller's Agent
Isabel Zhen
King Zone Realty Inc
Buyer's Agent
Tong Lu
King Zone Realty Inc
Sold Price
$1,150,000
Current Estimated Value
$1,404,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,018
Avg. Annual Appreciation
5.62%
Original Mortgage
$805,000
Outstanding Balance
$751,875
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$652,143

Purchase Details

Closed on
Oct 24, 1997
Sold by
Kwan Chi Ming
Bought by
Chen Wu Wei and Kuang Yan Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.15%
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
Chen Cui Ping $1,150,000 --
Chen Wu Wei $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Cui Ping $805,000
Previous Owner Chen Wu Wei $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $1,150,000 -- $575 / Sq Ft
07/15/2021 07/15/21 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 $11,449 $82,020 $16,080 $65,940
2024 $11,449 $68,340 $16,080 $52,260
2023 $11,052 $74,220 $16,080 $58,140
2022 $8,669 $74,820 $16,080 $58,740
2021 $9,139 $79,680 $16,080 $63,600
2020 $9,139 $82,320 $16,080 $66,240
2019 $8,470 $76,080 $16,080 $60,000
2018 $7,815 $38,336 $7,667 $30,669
2017 $7,377 $36,187 $8,971 $27,216
2016 $7,234 $36,187 $10,971 $25,216
2015 $3,898 $35,730 $16,256 $19,474
2014 $3,898 $33,740 $13,058 $20,682
Source: Public Records

Agents Affiliated with this Home

  • Isabel Zhen

    Seller's Agent in 2022

    Isabel Zhen

    King Zone Realty Inc

    (646) 407-6905

    1 in this area

    15 Total Sales

    Isabel Zhen
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Larry Zhao

    King Zone Realty Inc

    (917) 379-6661

    2 in this area

    15 Total Sales

    Larry Zhao
    Section Image

  • T

    Buyer's Agent in 2022

    Tong Lu

    King Zone Realty Inc

    (623) 455-1457

    1 in this area

    3 Total Sales

    Tong Lu
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453883

Brooklyn Board of REALTORS®

APN: 05940-0025

New York Kings County Brooklyn 11209 Bay Ridge

342 Bay Ridge Pkwy, Brooklyn, NY

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