NOT LISTED FOR SALE

364 97th St Brooklyn, NY 11209

Fort Hamilton Neighborhood

Estimated Value: $1,431,266 - $1,478,000

Studio
-- Bath
2,928 Sq Ft
$500/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $1,380,000 $471 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,768/month

Highlights

  • 4,410 Sq Ft lot
  • 3-minute walk to Bay Ridge-95 Street
  • 6 Car Detached Garage
  • P.S./I.S. 104 The Fort Hamilton School Rated A-
  • Wood Flooring
  • 4-minute walk to John J. Carty Park

About This Home

As of December 2024

Presenting an exceptional mixed-use property on 97th Street in the vibrant Bay Ridge neighborhood. This versatile 3-level building features two residential units and one commercial office space, offering a unique blend of residential and business opportunities.

Each residential unit comprises 3 spacious bedrooms and 1 bathroom, providing comfortable living spaces. The commercial unit on the ground floor is currently utilized as a medical office.

The property includes a private driveway with a detached garage and another double garage, ensuring convenient parking. Additionally, the large backyard offers ample space for outdoor activities and relaxation.

Separate heat, and hot water for each unit.

Building size 22x72 over lot size 35x126. Annual property tax $12,807.

Surrounded by an array of stores, and restaurants, ideally situated for easy access to numerous amenities. Nearby transportation options include the B8, B63, B37, B16 buses, and R train ensuring seamless connectivity to the rest of the city.

Don't miss out on this fantastic opportunity to own a mixed-use property in a prime location

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 06/24/2024

RE/MAX Edge

Last Buyer's Agent

Kawing Chiu

Ashford Homes LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,807

Year Built

  • Built in 1925

Lot Details

  • 4,410 Sq Ft Lot
  • Lot Dimensions are 126 x 35
  • Back and Front Yard
  • Property is zoned R6A

Home Design

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

Interior Spaces

  • 2,928 Sq Ft Home
  • 2-Story Property
  • Ceiling height between 8 to 10 feet

Flooring

  • Wood
  • Tile

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6126

Property Details

Property Type

Other

Est. Annual Taxes

$12,807

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in
  • Borough: Brooklyn
  • Building Length: 72.00
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Av
  • Cross Street Name2: 4th Av
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 6+ Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2928
  • Building Stories: 2
  • Street Name I D X: 97th
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 4410

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 35
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 126
  • Lot Size Width: 35
  • Zoning: R6A

Tax Info

  • Flip Tax Amount: 12807.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Dec 19, 2024
Sold by
364 97Th Street Llc
Bought by
Hu Zheng Yu
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kawing Chiu
Ashford Homes LLC
List Price
$2,380,000
Sold Price
$1,380,000
Premium/Discount to List
-$1,000,000
-42.02%
Views
15
Current Estimated Value
$1,462,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,817
Avg. Annual Appreciation
5.71%
Original Mortgage
$870,000
Outstanding Balance
$861,573
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$601,244

Purchase Details

Closed on
Jan 6, 2014
Sold by
Soued George J
Bought by
364 97Th Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hu Zheng Yu $1,380,000 --
Hu Zheng Yu $1,380,000 --
364 97Th Street Llc -- --
364 97Th Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Zheng Yu $870,000
Closed Hu Zheng Yu $870,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $1,380,000 -31.0% $471 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,999,000 -16.0% $683 / Sq Ft
06/24/2024 06/24/24 For Sale $2,380,000 -- $813 / Sq Ft
06/24/2024 06/24/24 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 $13,425 $82,380 $34,140 $48,240
2024 $13,425 $86,460 $34,140 $52,320
2023 $12,807 $92,100 $34,140 $57,960
2022 $12,589 $88,740 $34,140 $54,600
2021 $13,171 $87,240 $34,140 $53,100
2020 $6,177 $72,900 $34,140 $38,760
2019 $11,652 $79,200 $34,140 $45,060
2018 $10,712 $52,550 $22,913 $29,637
2017 $10,712 $52,550 $20,851 $31,699
2016 $10,426 $52,154 $23,893 $28,261
2015 $5,979 $49,203 $21,961 $27,242
2014 $5,979 $46,419 $17,961 $28,458
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wu

    Seller's Agent in 2024

    Kelly Wu

    RE/MAX Edge

    (917) 345-6368

    4 in this area

    218 Total Sales

    Kelly Wu
    Section Image
  • Kawing Chiu

    Buyer's Agent in 2024

    Kawing Chiu

    Ashford Homes LLC

    (347) 777-8888

    2 in this area

    115 Total Sales

    Kawing Chiu
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 483988

Brooklyn Board of REALTORS®

APN: 06126-0035

New York Kings County Brooklyn 11209 Fort Hamilton

364 97th St, Brooklyn, NY

Not Listed for Sale

Other

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