$1,238,000
SOLD JUL 16, 2024
-- Bed
-- Bath
2,210 Sq Ft
1,600 Sq Ft Lot

Recently Sold

$560 Per Sq Ft

3% Above List Price

Highlights

  • Pre War Building
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Pets Allowed In Building

About This Home

As of July 2024

This is a Bay Ridge 2 Family House with 2 Free Market Apartments! Great Investment! Prime location close to everything on 5th Avenue. Please come take a look at it today!

Last Listed By

Lou Guida

Keller Williams Realty Empire License #10401294496 Listed on: 03/14/2024

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,413

Year Built

  • Built in 1915

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 20.00 x 80.00

Home Design

  • Pre War Building

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Legal Lot and Block 48 / 5909

Community Details

Overview

  • Bay Ridge Subdivision

Pet Policy

  • Pets Allowed In Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,413

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: 4th Avenue/5th Avenue
  • Delivered Vacant: No
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Structure Type: Multi Family, Walk Up
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingYes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2210.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 0

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: R 6 B
  • Lot Size Area: 1600.0
  • Lot Size Dimensions: 20.00 x 80.00
  • Lot Dimensions: 20.00 x 55.00

Building Info

  • New Construction: No
  • New Development: No
  • Total Stories: 2
  • Year Built: 1915
  • Lobby Attendance Type: None
  • Building Laundry Features: SeeRemarks

Tax Info

  • Tax Abatement: No
  • Tax Block: 5909
  • Tax Lot: 48
  • Building Tax Lot: 48
  • Tax Annual: 9413.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jul 9, 2024
Sold by
Kevin P Rafferty As Trustee and Mary E Rafferty Trust
Bought by
Lin Bin and Lin Rong
Seller's Agent
Lou Guida
Keller Williams Realty Empire
List Price
$1,199,000
Sold Price
$1,238,000
Premium/Discount to List
$39,000
3.25%
Total Days on Market
0
Views
42
Current Estimated Value
$1,258,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,558
Avg. Annual Appreciation
1.91%
Original Mortgage
$742,800
Outstanding Balance
$737,180
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$521,378
Source: Public Records

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Range of Values:

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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 $1,238,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $742,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $1,238,000 +3.3% $560 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,199,000 -- $543 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2024 $9,413 $80,100 $13,020 $67,080
2023 $8,994 $78,720 $13,020 $65,700
2022 $8,124 $84,720 $13,020 $71,700
2021 $8,571 $70,140 $13,020 $57,120
2020 $6,428 $76,080 $13,020 $63,060
2019 $7,877 $76,980 $13,020 $63,960
2018 $7,225 $36,903 $9,038 $27,865
2017 $2,933 $35,112 $7,823 $27,289
2016 $2,889 $35,112 $8,494 $26,618
2015 $1,559 $34,485 $10,341 $24,144
2014 $1,559 $32,546 $9,007 $23,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10967642

Real Estate Board of New York (REBNY)

APN: 05909-0048