$1,600,000
SOLD JAN 8, 2025
6 Beds
5 Baths
652 Sq Ft
2,800 Sq Ft Lot

Recently Sold

$2,454 Per Sq Ft

30% Below List Price

0 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Handicap Accessible
  • P.S./I.S. 104 The Fort Hamilton School Rated A-
  • Terrace
  • 4-minute walk to Bay Ridge Promenade

About This Home

As of January 2025

Newly constructed two-family houses. Situated in the most convenient location of Brooklyn Bayridge. with spanning views of the Verrazzano Bridge. The design and materials used in the house are rarely seen in the market and reflect high-end and luxury standards. This Two-Family House consists of a total of 6 Bedrooms, 5 Bathrooms and open layout Kitchens and Living Rooms. The floors in the foyer and kitchen are adorned with large 4ft X 4ft porcelain tiles, complemented by elegant kitchens featuring Caesarstone slab counters and backsplashes, custom-built cabinetry, and millwork by Scavolini, as well as premium Bosch appliances. The rooms boast high-grade multi-layer engineered oak flooring, oversized floor-to-ceiling windows, concealed split-system air conditioning, and radiant floor heating throughout the house. A Finished Basement offers plenty of space for storage. Each unit has its own private entrance. Come inside to discover two inviting apartments. Another remarkable feature of this house is the expansive rooftop terrace spanning over 1,000 square feet, which can be transformed into a beautiful rooftop garden and sunroom, ideal for leisure and entertainment with friends. Bay Ridge presents a harmonious blend of historical charm and contemporary vibrancy. There are too many highlights to mention them all, so you'll need to experience them firsthand! This is truly a rare find in the market, a luxurious gem not to be missed

Last Agent to Sell the Property

Qi Kang Mei

RE/MAX Edge License #10401207839 Listed on: 09/06/2024

RE/MAX Edge

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 100 x 28
  • Garden

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Masonry

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Multiple cooling system units
  • Split Air Conditioning
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Handicap Accessible

Listing and Financial Details

  • Tax Block 6129

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Length: 64.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: Fort Hamilton
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Air, Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Terrace, Washer
  • Street Name I D X: 99th
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2800

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick, Masonry
  • Exterior: Other
  • Foundation Details: Block
  • Lot Number: 171
  • Roof: Other

Utilities

  • Air Conditioning Units: 2
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 28
  • Zoning: R4B

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 7, 2025
Sold by
415 99Th Street Llc
Bought by
Liu Shu Kwong Tommy
Seller's Agent
Qi Kang Mei
RE/MAX Edge
Buyer's Agent
NON MEMBER
List Price
$2,288,000
Sold Price
$1,600,000
Premium/Discount to List
-$688,000
-30.07%
Views
26
Current Estimated Value
$1,626,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,891
Avg. Annual Appreciation
1.70%
Original Mortgage
$600,000
Outstanding Balance
$594,547
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,032,344

Purchase Details

Closed on
Feb 16, 2023
Sold by
Gargano Michael
Bought by
415 99Th Street Llc

Purchase Details

Closed on
Jan 17, 2022
Sold by
Gargano Michael and Gargano Rosa
Bought by
Gargano Michael G

Purchase Details

Closed on
Oct 6, 2015
Sold by
Gargano Rosa
Bought by
Gargano Rosa and Gargano Michael

Purchase Details

Closed on
Dec 21, 2011
Sold by
Gargano Michael
Bought by
Gargano Rosa

Purchase Details

Closed on
Apr 8, 2010
Sold by
Ingoldsby Elisabeth F and Ingoldsby John K
Bought by
Gargano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,629,200 --
Deed $1,629,200 --
Deed $675,000 --
Deed $675,000 --
Deed $675,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Deed $450,000 --
Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Purchase Money Mortgage
Closed $600,000 Purchase Money Mortgage
Previous Owner $337,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold $1,600,000 -30.1% $2,454 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $2,288,000 -- $3,509 / Sq Ft
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 $3,374 $92,520 $40,320 $52,200
2024 $3,374 $16,800 $16,800 $0
2023 $5,850 $44,640 $13,920 $30,720
2022 $5,750 $41,640 $13,920 $27,720
2021 $5,791 $32,160 $13,920 $18,240
2020 $2,817 $39,000 $13,920 $25,080
2019 $5,321 $43,140 $13,920 $29,220
2018 $4,893 $24,004 $7,536 $16,468
2017 $4,893 $24,004 $8,362 $15,642
2016 $4,584 $22,929 $8,364 $14,565
2015 $2,731 $22,442 $10,284 $12,158
2014 $2,731 $21,198 $11,661 $9,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 485815

Brooklyn Board of REALTORS®

APN: 06131-0016