NOT LISTED FOR SALE

Estimated Value: $1,522,452 - $1,777,000

Studio
2 Baths
2,160 Sq Ft
$754/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $1,515,000 $701 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,740/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Back and Front Yard
  • P.S. 102 The Bayview School Rated A
  • Private Driveway

About This Home

As of September 2023

This charming home located in the classic section of Bay Ridge offers endless possibilities for creating new cherished memories. Situated on a peaceful, tree-lined block, this fully detached two-family brick house boasts separate entrances for both apartments. Each unit features two bedrooms, a formal dining room, a living room, a full bathroom, and a spacious kitchen. Additionally, this property includes a private driveway with a detached garage that can accommodate up to two vehicles and a backyard. Enjoy the convenience of being close to the Shore Road Promenade, local shopping and dining districts, the BQE and Belt Parkway, the R train, several bus routes, NYC Fast Ferry, and the Verrazzano Bridge. This house offers all the amenities and commuting flexibility one could ask for in this highly desirable area. Don't wait too long, opportunities like this do not last! Come and envision your future in this lovely home while you still have the chance.

Last Agent to Sell the Property

Jay Zhen

Momentum Real Estate LLC Listed on: 04/04/2023

Last Buyer's Agent

Maria 'Melinda' Micciola

RE/MAX Elite License #10401350345

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1940

Lot Details

  • 2,900 Sq Ft Lot
  • Lot Dimensions are 100 x 29
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,160 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Parking

  • 2 Car Detached Garage
  • Private Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,197

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 62.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Narrows Av
  • Cross Street Name2: Colonial Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2160
  • Building Stories: 2
  • Street Name I D X: 74th
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2900

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 13
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 29
  • Zoning: R4A

Tax Info

  • Flip Tax Amount: 6197.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Sep 26, 2023
Sold by
The Jasper Labarbera Trust and Vincent J Labarbera Trustee
Bought by
Huang Rui Fang
Seller's Agent
Jay Zhen
Momentum Real Estate LLC
Buyer's Agent
Maria 'Melinda' Micciola
RE/MAX Elite
List Price
$1,550,000
Sold Price
$1,515,000
Premium/Discount to List
-$35,000
-2.26%
Views
75
Current Estimated Value
$1,628,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,863
Avg. Annual Appreciation
3.23%
Original Mortgage
$1,212,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2019
Sold by
Labarbera Vincent
Bought by
Labarbera Jasper

Purchase Details

Closed on
Sep 8, 2003
Sold by
Labarbera Jasper
Bought by
Labarbera Vincent

Purchase Details

Closed on
Oct 24, 2000
Sold by
Labarbera Vincent and Trotter Anne
Bought by
Labarbera Jasper
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Huang Rui Fang $1,515,000 --
Huang Rui Fang $1,515,000 --
Huang Rui Fang $1,515,000 --
Labarbera Jasper -- --
Labarbera Jasper -- --
Labarbera Jasper -- --
Labarbera Vincent -- --
Labarbera Vincent -- --
Labarbera Jasper -- --
Labarbera Jasper -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Rui Fang $1,212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $1,515,000 -2.3% $701 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $1,550,000 -- $718 / 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 $14,681 $92,220 $19,080 $73,140
2024 $14,681 $84,780 $19,080 $65,700
2023 $6,712 $83,220 $19,080 $64,140
2022 $6,197 $68,100 $19,080 $49,020
2021 $6,533 $74,700 $19,080 $55,620
2020 $3,123 $72,180 $19,080 $53,100
2019 $12,742 $72,180 $19,080 $53,100
2018 $12,043 $59,079 $17,395 $41,684
2017 $11,362 $55,737 $13,708 $42,029
2016 $11,142 $55,737 $17,075 $38,662
2015 $6,342 $53,760 $21,180 $32,580
2014 $6,342 $50,761 $18,862 $31,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473027

Brooklyn Board of REALTORS®

APN: 05926-0013