NOT LISTED FOR SALE

Estimated Value: $1,307,360 - $1,375,000

Studio
2 Baths
2,000 Sq Ft
$672/Sq Ft Est. Value

Last Sold November 05, 2024

Last sale price $1,260,000 $630 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,267/month

Highlights

  • Colonial Architecture
  • Terrace
  • Heating System Uses Steam
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Porch
  • Laundry Facilities

About This Home

As of November 2024

Two Family Brick Home In A Great Bay Ridge Location!

Welcome to this quintessential two family row house which is located on a quiet, tree-line block in the heart of Bay Ridge. This well preserved and maintained property features a rail-road style five rooms, two bedroom apartment on the first floor, and a six rooms, three bedroom apartment on the second floor. Although the front of the building is fully attached, two-thirds of the building to the left is semi-attached. This makes it possible for every room in the building on both floors to have windows!

The charming home has many original details, including the original parquet floors throughout the first and second floors, wainscoting walls, original entry foyer and original stairs and wood works, pocket doors, beamed ceilings and some ceiling medallions. There is also a spacious yard that’s perfect for entertaining, and the second floor also has a private terrace.

The property is conveniently located within minutes away to R train (4th Ave & Bay Ridge Ave station), express bus to Manhattan, 3rd Avenue and 5th Avenue retail and shopping district, great restaurants nearby, food shopping and supermarkets, and parks and playgrounds. You also have many options for the best public and private schools in the area which are all short walks away.

This happy home has been in the same family for the past four generations and it is ready for its new owners!

Last Agent to Sell the Property

Alan Ng

RE/MAX Real Estate Professionals License #10301207524 Listed on: 08/09/2024

RE/MAX Real Estate Professionals

Last Buyer's Agent

Xiaomei He

RE/MAX Edge License #10401313430

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,931

Year Built

  • Built in 1915

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Parquet Flooring

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Terrace
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,931

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: 5th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Laundry Area, Porch, Refrigerator, Terrace, Washer
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: 72nd
  • Building Style: Colonial
  • Year Built: 1915
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Parquet
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Stone
  • Lot Number: 36
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B, C1-3

Tax Info

  • Flip Tax Amount: 9931.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 4, 2024
Sold by
Colvin Premise Trust and Colvin
Bought by
72Nd Llc
Seller's Agent
Alan Ng
RE/MAX Real Estate Professionals
Buyer's Agent
Xiaomei He
RE/MAX Edge
List Price
$1,290,000
Sold Price
$1,260,000
Premium/Discount to List
-$30,000
-2.33%
Views
20
Current Estimated Value
$1,343,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,840
Avg. Annual Appreciation
5.66%
Original Mortgage
$693,000
Outstanding Balance
$684,679
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$659,161
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
72Nd Llc $1,260,000 --
72Nd Llc $1,260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 72Nd Llc $693,000
Closed 72Nd Llc $693,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $1,260,000 -2.3% $630 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $1,290,000 -- $645 / 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 $3,720 $66,840 $16,380 $50,460
2024 $3,720 $78,600 $16,380 $62,220
2023 $3,613 $78,000 $16,380 $61,620
2022 $3,282 $73,440 $16,380 $57,060
2021 $3,496 $64,620 $16,380 $48,240
2019 $3,149 $76,440 $16,380 $60,060
2018 $2,832 $39,055 $11,768 $27,287
2017 $2,821 $36,903 $9,829 $27,074
2016 $2,775 $36,903 $10,962 $25,941
2015 $3,418 $36,376 $11,930 $24,446
2014 $3,418 $34,338 $11,399 $22,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 485171

Brooklyn Board of REALTORS®

APN: 05909-0036