NOT LISTED FOR SALE

Estimated Value: $1,752,848

0.22 Acres
$7,953,547 Price per Acre
9,600 Sq Ft Lot

Sale Details

Date Sold: April 28, 2023

Last sale price $1,600,000

Est. 10% increase in value since last sale

Current estimated payment $12,443 / mo

About This Lot

As of April 2023

Prime Bay Ridge location! This detached lot offers incredible opportunities! The property, also know as 362 Ovington Ave., is a development conversion site, with R5B zoning, an 80 x 120 lot, foundation already in place with 9 parking spots, and is currently approved for plans of a community center, school, or anything that falls under this category. Speak to your architect to have this location suit your needs! Amenities include quick and easy access to the multitude of establishments along 3rd, 4th, and 5th Ave., P.S./I.S. 30, P.S. 102, P.S. 170, the Leif Ericson Park, John Allen Payne Playground, Tom Joyce Soccer Field, and much more! Transportation options include immediate access to the Bay Ridge Ave. R Train station, the B64, B9, B63, B37, B4, and B70 buses, and the Gowanus Expy.

Last Agent to Sell the Property

Nicholas Venturini

Ben Bay Realty Co Listed on: 03/29/2021

Last Buyer's Agent

Nicholas Venturini

Ben Bay Realty Co Listed on: 03/29/2021

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 120 x 80
  • Property is zoned R5B

Listing and Financial Details

  • Tax Block 5891

Property Details

Property Type

Land

Lot Details

9,600 Sq Ft Lot

Listing Details

  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Ave.
  • Cross Street Name2: 4th Ave.
  • Negotiate Thru: Broker
  • Property Sub Type: Land
  • Prop. Type: Land
  • Street Name I D X: Ovington
  • Waterfront Present: No
  • Special Features: None

Interior Features

  • Lot Sq Ft: 9600

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 43

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 80
  • Zoning: R5B

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
Mar 29, 2021
Closed on
Apr 27, 2023
Sold by
Bay Ridge Methodist Church and Bay Ridge United Methodist Church
Bought by
Seller's Agent
Nicholas Venturini
Ben Bay Realty Co
Buyer's Agent
Nicholas Venturini
Ben Bay Realty Co
Sold Price
$1,600,000
Views
5
Current Estimated Value
$1,752,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,848
Avg. Annual Appreciation
2.76%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,600,000 --
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
Open $10,000,000
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
04/28/2023 04/28/23 Sold $1,600,000 -- --
03/29/2021 03/29/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $33,833 $342,900 $178,200 $164,700
2025 $32,126 $334,800 $178,200 $156,600
2024 $32,126 $329,850 $178,200 $151,650
2023 $31,216 $323,100 $178,200 $144,900
2022 $30,597 $304,650 $178,200 $126,450
2021 $29,884 $279,450 $178,200 $101,250
2019 $28,908 $274,950 $178,200 $96,750
2018 $0 $178,200 $178,200 $0
2017 $0 $308,700 $308,700 $0
2016 $7,912 $308,700 $308,700 $0
2015 -- $15,633 $15,633 $0
2014 -- $14,749 $14,749 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449617

Brooklyn Board of REALTORS®

APN: 05891-0043

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