NOT LISTED FOR SALE

416 Bay Ridge Ave Bay Ridge, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,120,299

7 Beds
5 Baths
-- Sq Ft
3,300 Sq Ft Lot

Last Sold January 26, 2021

Last sale price $998,000

Est. 12% increase in value since last sale

Current estimated payment $7,288/month

351 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to Bay Ridge Avenue
  • Eat-In Kitchen
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Formal Dining Room
  • Heating System Uses Steam

About This Home

As of January 2021

Great Opportunity To Own Or Invest This Mixed Use Property In The Center Of Brooklyn Bay Ridge. Building Is 20X55,Lot Size 20X97 In Zoning R7B, C2-3. The 1FL Front Is A Barber Shop Leased For $1,050.00, Lease expired on 2/2022 Rear Apt Has 1 Bedroom. 2FL Features 2 Bedrooms. 3FL Has 4 Bedrooms,Convenient To R Train, B9 And B64 Buses.

Last Agent to Sell the Property

Pola Sy

Winzone Realty Inc License #10401287166 Listed on: 10/22/2019

Winzone Realty Inc

Last Buyer's Agent

Pola Sy

Winzone Realty Inc License #10401287166 Listed on: 10/22/2019

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,023

Year Built

  • Built in 1931

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 20x97

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 0015 / 05873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,023

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco
  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x97
  • Lot Size Sq Ft: 3300
  • Property Attached: Yes
  • Zoning: C2-3

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 11023
  • Tax Block: 05873
  • Tax Lot: 0015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jan 25, 2021
Sold by
Chu Ge Quong and Chu Sue Yee
Bought by
Bay Ridge One Llc
Seller's Agent
Pola Sy
Winzone Realty Inc
Buyer's Agent
Pola Sy
Winzone Realty Inc
List Price
$1,490,000
Sold Price
$998,000
Premium/Discount to List
-$492,000
-33.02%
Current Estimated Value
$1,120,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,299
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Byrne Cassandra M
Bought by
Fermisco Susan M

Purchase Details

Closed on
Mar 17, 2005
Sold by
Chu Sit Yuen
Bought by
Byrne Cassandra M and Chu Ge Quong
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
Bay Ridge One Llc $998,000 --
Bay Ridge One Llc $998,000 --
Fermisco Susan M $100,000 --
Fermisco Susan M $100,000 --
Byrne Cassandra M -- --
Byrne Cassandra M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $998,000 -- --
01/26/2021 01/26/21 Sold $998,000 -33.0% --
10/07/2020 10/07/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,490,000 0.0% --
01/29/2020 01/29/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $1,490,000 -6.3% --
10/22/2019 10/22/19 For Sale $1,590,000 -- --
Source: OneKey® MLS

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 $14,206 $337,050 $95,400 $241,650
2024 $14,206 $280,800 $95,400 $185,400
2023 $12,908 $309,150 $95,400 $213,750
2022 $12,467 $312,750 $95,400 $217,350
2021 $11,576 $287,550 $95,400 $192,150
2020 $5,690 $313,650 $95,400 $218,250
2019 $11,024 $317,250 $95,400 $221,850
2018 $10,295 $80,941 $23,999 $56,942
2017 $9,970 $78,383 $26,716 $51,667
2016 $7,573 $72,592 $26,217 $46,375
2015 $4,880 $72,585 $28,029 $44,556
2014 $4,880 $67,237 $28,680 $38,557
Source: Public Records

Agents Affiliated with this Home

  • Pola Sy

    Seller's Agent in 2021

    Pola Sy

    Winzone Realty Inc

    (718) 676-6611

    1 in this area

    9 Total Sales

    Pola Sy
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Map

Source: OneKey® MLS

MLS Number: L3174609

OneKey® MLS

APN: 05873-0015

New York Kings County Brooklyn 11209 Bay Ridge

416 Bay Ridge Ave, Brooklyn, NY

This home is located at 416 Bay Ridge Ave, Bay Ridge, NY 11220 since 22 October 2019 and is currently estimated at $1,120,299. This property was built in 1931. 416 Bay Ridge Ave is a home located in Kings County with nearby schools including P.S./I.S. 30 - The Mary White Ovington School, Fort Hamilton High School, and Lutheran Elementary School Of Bay Ridge.

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