NOT LISTED FOR SALE

Estimated Value: $1,320,000 - $1,381,000

3 Beds
3 Baths
1,664 Sq Ft
$812/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $1,280,000 $769 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,751/month

23 Days on Market

Highlights

  • Formal Dining Room
  • 2-minute walk to 77 Street (R Line)
  • Living Room
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Eat-In Kitchen
  • Hot Water Baseboard Heater

About This Home

As of October 2024

Your dream investment opportunity in the heart of Bay Ridge awaits! This immaculate 2-family home is a testament to comfort and convenience. Excellent condition throughout, this property offers an ideal living situation for owners and tenants alike. The first unit, complete with a spacious living room, well-equipped kitchen, 1 bedroom, and a full bathroom. Meanwhile, the second unit elevates the living experience with a generous living room, modern kitchen, and 2 bedrooms accompanied by a full bathroom. The allure of this residence extends to the finished basement, featuring an entrance for added privacy and convenience. Each unit enjoys the luxury of independent gas, electric, and heating systems, thanks to the presence of 3 separate meters for each utility. This thoughtful design ensures optimal comfort and flexibility for all occupants. Situated in the prime location of Bay Ridge, this property is a rare find, offering proximity to the best amenities the area has to offer! Whether you're an investor looking for a lucrative opportunity or a homeowner seeking the perfect living arrangement, this residence is a versatile gem. Act fast, as the highly motivated seller is eager to make your real estate aspirations a reality. Call now!

Last Agent to Sell the Property

Minnie Lin

Momentum Real Estate LLC License #10401310408 Listed on: 05/06/2024

Last Buyer's Agent

Jincun Kuang

Momentum Real Estate LLC License #10401358728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,364

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20'x100'

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 110 Volts

Listing and Financial Details

  • Legal Lot and Block 0053 / 05941
  • Assessor Parcel Number 05941-0053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,364

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: 20'x100'
  • Directions: GPS
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Style2: Other
  • General Property Info:Public Remarks3: Your dream investment opportunity in the heart of Bay Ridge awaits! This immaculate 2-family home is a testament to comfort and convenience. Excellent condition throughout, this property offers an ideal living situation for owners and tenants alike. The first unit, complete with a spacious living room, well-equipped kitchen, 1 bedroom, and a full bathroom. Meanwhile, the second unit elevates the living experience with a generous living room, modern kitchen, and 2 bedrooms accompanied by a full bathroom. The allure of this residence extends to the finished basement, featuring an entrance for added privacy and convenience. Each unit enjoys the luxury of independent gas, electric, and heating systems, thanks to the presence of 3 separate meters for each utility. This thoughtful design ensures optimal comfort and flexibility for all occupants. Situated in the prime location of Bay Ridge, this property is a rare find, offering proximity to the best amenities the area has to offer! Whether you're an investor looking for a lucrative opportunity or a homeowner seeking the perfect living arrangement, this residence is a versatile gem. Act fast, as the highly motivated seller is eager to make your real estate aspirations a reality. Call now!
  • ContractLocation Information:List PriceSqFt2: 810.1
  • ContractLocation Information:End Unit: No
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Excellent
  • General Property Info:Apartment Desc: 1 Bedroom and 1 Full Bathroom Apartment
  • Appliances Refrigerators: Yes
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Living Room:Separate2: Yes
  • Dining Room:Formal: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick
  • General Property Info:Waterview: No
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Info:Garage Location: None
  • Parking:Carport: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 2.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • General Property Info Cable: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2000.0
  • Lot Size Units: Square Feet
  • Parcel #: 05941-0053
  • Zoning: R5B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2000.0
  • General Property Info:Lot Dim: 20'x100'

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 8364.0
  • Tax Block: 05941
  • Tax Lot: 0053
  • General Property Info:Taxes2: 8364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 28, 2024
Sold by
Duka Abduraman and Duka Lily
Bought by
Chen Lin and Wang Hui Qing
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Jincun Kuang
Momentum Real Estate LLC
List Price
$1,348,000
Sold Price
$1,280,000
Premium/Discount to List
-$68,000
-5.04%
Views
12
Current Estimated Value
$1,350,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,528
Avg. Annual Appreciation
4.42%
Original Mortgage
$610,000
Outstanding Balance
$602,675
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$747,853

Purchase Details

Closed on
Mar 7, 1995
Sold by
Muller George William
Bought by
Duka Abduraman and Duka Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.8%
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
Chen Lin $1,280,000 --
Chen Lin $1,280,000 --
Duka Abduraman $135,000 --
Duka Abduraman $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lin $610,000
Closed Chen Lin $610,000
Previous Owner Duka Abduraman $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $1,280,000 -5.0% $769 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,348,000 -- $810 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $8,768 $73,380 $15,900 $57,480
2024 $8,768 $69,300 $15,900 $53,400
2023 $8,364 $79,920 $15,900 $64,020
2022 $7,757 $73,740 $15,900 $57,840
2021 $8,177 $72,060 $15,900 $56,160
2019 $7,610 $61,860 $15,900 $45,960
2018 $6,996 $34,320 $8,516 $25,804
2017 $6,600 $32,379 $8,538 $23,841
2016 $6,473 $32,379 $10,118 $22,261
2015 $3,684 $32,133 $11,563 $20,570
2014 $3,684 $30,315 $13,087 $17,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 2402549

Staten Island Multiple Listing Service

APN: 05941-0053