NOT LISTED FOR SALE

39 Bay 31st St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,433,000 - $1,589,000

9 Beds
3 Baths
2,722 Sq Ft
$553/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $1,300,000 $478 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,730/month

Highlights

  • Multiple cooling system units
  • 2-minute walk to Bay Parkway (D,M Line)
  • Back Yard
  • P.S. 101 the Verrazano Rated A
  • Hot Water Heating System

About This Home

As of September 2021

Welcome to co-broke! Great location 3 family house, private drive in front. Near 86th st and transportation.

Last Agent to Sell the Property

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 10/13/2020

RE/MAX Real Estate Professionals

Last Buyer's Agent

HUI CHEN

RE/MAX Real Estate Professionals License #10401333718

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1940

Lot Details

  • 1,933 Sq Ft Lot
  • Lot Dimensions are 96 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 6382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86th St
  • Cross Street Name2: Benson Av
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove, Other
  • Fill Sq Ft Total: 2722
  • Building Stories: 2
  • Street Name I D X: Bay 31
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Other
  • Lot Sq Ft: 1933

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 25
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 9000.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Sep 28, 2021
Sold by
Catia Wolff Co-Trustee
Bought by
Chan Chung-Hing and Chan Feng Yao
Seller's Agent
Hang Chen
RE/MAX Real Estate Professionals
Buyer's Agent
HUI CHEN
RE/MAX Real Estate Professionals
Sold Price
$1,300,000
Current Estimated Value
$1,505,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,568
Avg. Annual Appreciation
3.66%
Original Mortgage
$800,000
Outstanding Balance
$729,525
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$776,043
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
Chan Chung-Hing $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chung-Hing $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $1,300,000 -- $478 / Sq Ft
10/13/2020 10/13/20 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 $10,195 $94,800 $14,940 $79,860
2024 $10,195 $89,040 $14,940 $74,100
2023 $10,265 $96,060 $14,940 $81,120
2022 $9,519 $78,000 $14,940 $63,060
2021 $8,809 $71,220 $14,940 $56,280
2020 $8,809 $72,420 $14,940 $57,480
2019 $8,190 $72,420 $14,940 $57,480
2018 $7,927 $42,120 $10,394 $31,726
2017 $7,454 $39,736 $8,371 $31,365
2016 $3,126 $37,490 $9,179 $28,311
2015 $1,822 $35,942 $10,513 $25,429
2014 $1,822 $35,251 $11,046 $24,205
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hang Chen

    RE/MAX

    (646) 239-5999

    14 in this area

    202 Total Sales

    Hang Chen
    Section Image

  • H

    Buyer's Agent in 2021

    HUI CHEN

    RE/MAX

    3 in this area

    38 Total Sales

    HUI CHEN
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444546

Brooklyn Board of REALTORS®

APN: 06382-0025

New York Kings County Brooklyn 11214 Gravesend

39 Bay 31st St, Brooklyn, NY

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