NOT LISTED FOR SALE

Estimated Value: $1,648,000 - $2,844,000

5 Beds
4.5 Baths
5,100 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $2,340,000 $459 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,308/month

34 Days on Market

About This Home

As of May 2022

A one-of-a-kind contemporary beachfront oasis awaits you in coveted Sea Gate, an exclusive, historic Coney Island community steps from the ocean!



Malibu style meets NYC chic in this incredible 5,000 sf single-family ocean front home boasting breathtaking views and a private sandy beach! This rare Brooklyn gem boasts 4 impeccably-designed stories, 4 spacious bedrooms, 4.5 high-end imported tile baths, generous living/entertaining areas & fabulous outdoor spaces on every level including a rear patio, backyard and rooftop!



Pull up in your 2-car driveway for an incomparable luxury resort-like living experience. Particularly notable is the superior craftsmanship of this modern jewel, constructed with energy efficiency and safety/durability top of mind. Under the Jerusalem stone facade, a concrete superstructure is wrapped in Henry Blueskin waterproofing material. Massive windows bring the outside in. Jaw-dropping interiors make a sleek, stunning statement yet are warm and welcoming, with rich hardwood and heated floors, and walls of glass inviting a flood of natural light. A unique glass elevator transports you from floor to floor, in addition to interior stairs.



The first level greets you with lovely front patios, one accessing the great room, and the other, an office for working remotely. Host guests with ease in the expansive open-concept living room, dine while gazing at the beach, cook like a gourmet in the top-of-the-line kitchen with Caesarstone counters and premium appliances. Glass doors open to a beautiful beachfront terrace for cocktails; plus there's a convenient, richly-appointed powder room nearby.



On the 2nd floor are 3 sun-bathed bedrooms with ample closets and private balconies. One bath is en-suite; another is shared. Level 3 is reserved for the primary bedroom retreat offering 3 private balconies, huge dressing room, and spa bath with soaking tub, separate shower & ocean views. Enjoy the sights and sounds of the ocean, amazing sunrises/sunsets, and vistas of the Atlantic Ocean, Verrazano Bridge, NYC skyline & Coney Island Lighthouse from your wonderful rooftop deck; or throw summer parties on the sunken patio off the basement, with steps to the large grassy ocean-facing yard.



The finely finished lower level is a haven for kids and adults with a big recreation room, wet bar, home gym, yoga/spa room & 12-person sauna. Here you'll also find a full laundry room & 200 sf storage room! Not enough can be said about this resort-like paradise with every amenity that must be seen to be appreciated. Close to shops, restaurants, the boardwalk & other attractions, as well as the F, D, N & Q trains to Manhattan at Stillwell Avenue

Last Agent to Sell the Property

Ashley Gold

Corcoran Group License #10401344484 Listed on: 04/27/2021

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,677

Lot Details

  • 5,009

Interior Spaces

  • 5,100 Sq Ft Home
  • 1-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,677

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 5100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 3, 2022
Sold by
Gage Jeremy J and Kaplan Marlena
Bought by
Baba Frederick
Seller's Agent
Ashley Gold
Corcoran Group
List Price
$2,495,000
Sold Price
$2,340,000
Premium/Discount to List
-$155,000
-6.21%
Current Estimated Value
$2,478,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,989
Avg. Annual Appreciation
1.67%
Original Mortgage
$1,872,000
Outstanding Balance
$1,775,950
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$703,039

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 8, 2018
Sold by
Raz Estates Llc
Bought by
Gage Jeremy Jesse and Kaplan Marlena
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Original Mortgage
$1,840,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2016
Sold by
Raz Estates Llc
Bought by
Raz Estates Llc
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
Baba Frederick $2,340,000 --
Gage Jeremy Jesse $2,300,000 --
Raz Estates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baba Frederick $1,872,000
Previous Owner Gage Jeremy Jesse $1,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2022 05/03/22 Sold $2,340,000 -6.2% $459 / Sq Ft
01/18/2022 01/18/22 For Sale $2,495,000 +8.5% $489 / Sq Ft
01/08/2018 01/08/18 Sold $2,300,000 -- $483 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

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 $27,677 $157,380 $20,400 $136,980
2024 $27,677 $150,480 $20,400 $130,080
2023 $26,401 $133,020 $20,400 $112,620
2022 $24,483 $122,640 $20,400 $102,240
2021 $28,310 $134,520 $20,400 $114,120
2020 $21,232 $141,780 $20,400 $121,380
2019 $29,659 $141,780 $20,400 $121,380
2018 $27,740 $136,080 $20,400 $115,680
2017 $11,827 $58,020 $20,400 $37,620
2016 $10,915 $54,600 $20,400 $34,200
2015 $3,277 $25,320 $20,400 $4,920
2014 $3,277 $25,320 $20,400 $4,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10768954

Real Estate Board of New York (REBNY)

APN: 07043-0004