NOT LISTED FOR SALE

Estimated Value: $1,438,410

4 Beds
2 Baths
2,730 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2023

Last sale price $1,275,000 $467 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,729 / mo

Highlights

  • Deck
  • High Ceiling
  • No HOA
  • Wood Flooring
  • Private Yard
  • Eat-In Kitchen

About This Home

As of October 2023

Outstanding opportunity awaits in this stunning barrel-front townhouse nestled on a gorgeous tree-lined Bay Ridge block. As a legal two-family building in fixer-upper condition, this is an ideal acquisition for investors or homebuyers seeking rental income, multigenerational living space or the perfect setting for a spectacular single-family home. Available for the first time in decades, this 2,730-square-foot building offers two levels of living space with four bedrooms, two baths and two kitchens. The 1901 building is filled with lovely prewar details, including hardwood floors, tall baseboards, and a stately staircase wrapped in wood wainscoting. The lower unit opens with a large living room with bay windows and an oversized eat-in kitchen featuring stainless steel appliances and access to a large deck and expansive rear yard. The upstairs unit offers a similar layout, while the full-height, windowed basement provides room to grow with excellent storage space, laundry, and access to the front and rear yards. A beautiful brick façade and gated forecourt complete this 20-foot by 50-foot property. This desirable Bay Ridge location is just inches from the fantastic shopping and dining venues that line 3rd and 5th avenues. Wonderful parks and waterfront outdoor space surround the home in every direction. Transportation is effortless with the R train, excellent bus service, CitiBikes and the Gowanus Expressway all nearby.

Last Agent to Sell the Property

Janina McCormack

Compass License #10401335123 Listed on: 04/14/2023

Compass

Co-Listed By

Victoria Shtainer

Compass License #30SH1045213

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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,188

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.000000x100.000000
  • Private Yard
  • Front Yard

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Bay Window
  • Entrance Foyer
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 15 / 05909

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bay Ridge Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,188

Year Built

Built in 1901

Lot Details

0 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Entry Level: 1
  • Structure Type: Duplex, Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Cooktop, Range, Refrigerator, Washer
  • Fireplace Features: Decorative, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2730.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full
  • Window Features: Bay Window(s)

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Barbecue, Private Yard
  • Patio/Porch Features: Deck, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Laundry Features: Common On Floor, Washer Hookup, Gas Dryer Hookup, In Unit, See Remarks
  • Cooling: No
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 05909
  • Tax Lot: 15
  • Tax Annual: 7188.0

Multi Family

  • Building Area Units: Square Feet

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
Apr 14, 2023
Closed on
Oct 12, 2023
Sold by
Bought by
Seller's Agent
Janina McCormack
Compass
List Price
$1,400,000
Sold Price
$1,275,000
Premium/Discount to List
-$125,000
-8.93%
Views
95
Current Estimated Value
$1,438,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,410
Avg. Annual Appreciation
4.38%
Original Mortgage
$892,500
Outstanding Balance
$868,274
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,136
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
$1,275,000 --
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 $892,500
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
11/09/2023 11/09/23 Off Market $1,275,000 -- --
11/08/2023 11/08/23 For Sale $1,400,000 +9.8% $513 / Sq Ft
10/12/2023 10/12/23 Sold $1,275,000 -- $467 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,974 $89,640 $13,860 $75,780
2025 $9,413 $88,920 $13,860 $75,060
2024 $9,413 $85,020 $13,860 $71,160
2023 $7,360 $88,740 $13,860 $74,880
2022 $6,794 $79,680 $13,860 $65,820
2021 $7,198 $69,480 $13,860 $55,620
2019 $6,507 $71,040 $13,860 $57,180
2018 $5,885 $36,903 $7,511 $29,392
2017 $5,924 $35,112 $6,980 $28,132
2016 $5,814 $35,112 $7,806 $27,306
2015 $3,214 $34,485 $9,815 $24,670
2014 $3,214 $32,546 $10,175 $22,371
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10945894

Real Estate Board of New York (REBNY)

APN: 05909-0015

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