NOT LISTED FOR SALE

Estimated Value: $659,000 - $1,742,000

2 Beds
2 Baths
1,500 Sq Ft
2011 Built

Sale Details

Date Sold: April 13, 2023

Last sale price $1,349,000 $899 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $7,426 / mo

46 Days on Market

Highlights

  • River View
  • 2-minute walk to Bay Ridge-95 Street
  • Central Air
  • P.S./I.S. 104 The Fort Hamilton School Rated A-
  • Intercom
  • Garage

About This Home

As of April 2023

The Lofts at Bay Ridge is a contemporary and intimate 6-unit condominium comprised of three modern two story townhouses with just two units per building. Residence 2A is a top floor impressive 1500 sq ft 2-bedroom, 2-bath that includes a deeded PARKING spot in the rear lot and a 120 sq ft storage unit in basement. This home also has a 1500 sq ft ROOF DECK which spans the entire roof with incredible views of the Verrazzano Bridge and scenic Brooklyn. The deck is finished with Trex decking and a matching Trex bench and storage cabinets. For extra comfort - there is a custom remote-controlled pergola with adjustable slats allowing for the perfect amount of sun. Upon entering the apartment there is an open and airy staircase leading up to the great room showcasing distinctive floor to ceiling windows allowing for all day long southern exposed natural light. The Verrazzano Bridge is in full sight leaving quite an impression. The living room features a wood burning fireplace and built-in surround sound speakers. This open concept grand room is shared with the eat-in-kitchen which features stainless steel appliances (Bertazzoni gas range with vented hood, Bosch refrigerator & seamless Bosch dishwasher). Here you will find a tremendous amount of counter and cabinet space and plenty of room for an oversized dining room table. The primary bedroom is big enough for a California King and features floor to ceiling windows, a windowed en-suite bathroom with an enlarged walk-in shower fitted with a luxurious rain shower. An enormous walk-in closet has custom shelving and more than enough space for all your storage needs. Other apartment features include wide plank solid white oak floors, 10 ft ceilings, Maytag washer/dryer, airy skylight, custom window treatments (The Shade Store), and bathrooms showcasing Kohler fixtures with timeless subway tile design and marble vanity tops. This self-managed condominium has incredibly low common charges that include maintenance and snow removal for the parking lot. The Lofts at Bay Ridge is a terrific modern option ideally located and surrounded by excellent restaurants, shops and neighborhood amenities. With the R subway on the block and easy access to the Belt Parkway and BQE this is a terrific opportunity.

Last Agent to Sell the Property

Nick Ferrone

Compass License #10301200638 Listed on: 01/05/2023

Compass

Co-Listed By

Julie Cohen

Compass License #10301209544

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,772

Year Built

  • Built in 2011

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • River Views
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Fort Hamilton Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 6107

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,772

Year Built

Built in 2011

Lot Details

0 Sq Ft Lot

HOA Fees

$368 per month

Listing Details

  • Cross Street: 3rd Avenue/4th Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Fort Hamilton
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: River
  • View: Yes
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 368.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 2011

Tax Info

  • Tax Block: 6107
  • Tax Lot: 22
  • Tax Annual: 11772.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Apr 10, 2023
Sold by
Bought by
Seller's Agent
Nick Ferrone
Compass
List Price
$1,390,000
Sold Price
$1,349,000
Premium/Discount to List
-$41,000
-2.95%
Views
76
Current Estimated Value
$1,124,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,458
Avg. Annual Appreciation
-5.46%
Original Mortgage
$1,040,000
Interest Rate
0.0665%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,040,000
Closed $100,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $1,349,000 0.0% $899 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $1,349,000 -2.9% $899 / Sq Ft
01/05/2023 01/05/23 For Sale $1,390,000 -- $927 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,227 $69,941 $8,494 $61,447
2025 $11,535 $61,786 $8,494 $53,292
2024 $11,535 $67,344 $8,494 $58,850
2023 $11,663 $82,636 $8,494 $74,142
2022 $11,379 $76,186 $8,494 $67,692
2021 $11,316 $71,460 $8,494 $62,966
2019 $10,011 $48,840 $8,494 $40,346
2018 $9,756 $47,858 $7,840 $40,018
2017 $9,682 $47,498 $8,398 $39,100
2016 $8,958 $44,810 $7,920 $36,890
2015 $322 $42,274 $6,286 $35,988
2014 $322 $39,882 $2,501 $37,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10840727

Real Estate Board of New York (REBNY)

APN: 06107-1004

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