NOT LISTED FOR SALE

50 Bay 7th St Brooklyn, NY 11228

Bath Beach Neighborhood

Estimated Value: $1,463,000 - $1,702,433

6 Beds
3 Baths
2,960 Sq Ft
$526/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $1,380,000 $466 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,247/month

49 Days on Market

Highlights

  • 2,320 Sq Ft lot
  • Colonial Architecture
  • Heating System Uses Steam
  • P.S. 229 Dyker Rated A
  • Eat-In Kitchen

About This Home

As of June 2019

This home is located at 50 Bay 7th St, Brooklyn, NY 11228 since 08 February 2019 and is currently estimated at $1,555,608, approximately $525 per square foot. This property was built in 1930. 50 Bay 7th St is a home located in Kings County with nearby schools including P.S. 229 Dyker and St Bernadette School.

Last Agent to Sell the Property

Charles Olson

Keller Williams Realty Empire License #10491204283 Listed on: 02/08/2019

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1930

Lot Details

  • 2,320 Sq Ft Lot
  • Lot Dimensions are 24x96
  • 1 Common Wall

Parking

  • Shared Driveway

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 55 / 6357
  • Assessor Parcel Number 06357-0055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,105

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Exclusions: Dishwasher
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 24X96
  • Lot Size Sq Ft: 2320
  • Parcel Number: 06357-0055
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 10105
  • Tax Block: 6357
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
May 31, 2019
Sold by
Georgiadis Angela
Bought by
Chan Kai Chung and Chan Sze Wan
Seller's Agent
Charles Olson
Keller Williams Realty Empire
List Price
$1,500,000
Sold Price
$1,380,000
Premium/Discount to List
-$120,000
-8%
Current Estimated Value
$1,555,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,608
Avg. Annual Appreciation
2.73%
Original Mortgage
$850,000
Outstanding Balance
$748,906
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$887,910

Purchase Details

Closed on
Jun 13, 2014
Sold by
Georgiadis Angela and Georgiadis Kostas
Bought by
Georgiadis Angela
Source: Public Records

Range of Values:

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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
Chan Kai Chung $1,380,000 --
Georgiadis Angela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kai Chung $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $1,380,000 -- --
06/05/2019 06/05/19 Sold $1,380,000 0.0% $466 / Sq Ft
06/05/2019 06/05/19 Sold $1,380,000 +6.2% $639 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
03/29/2019 03/29/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $1,300,000 -13.3% $439 / Sq Ft
02/08/2019 02/08/19 For Sale $1,500,000 +8.7% $507 / Sq Ft
10/05/2018 10/05/18 For Sale $1,380,000 -- $639 / Sq Ft
Source: OneKey® MLS

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 $11,995 $86,220 $14,460 $71,760
2024 $11,995 $81,120 $14,460 $66,660
2023 $12,128 $84,900 $14,460 $70,440
2022 $11,325 $71,760 $14,460 $57,300
2021 $11,528 $66,300 $14,460 $51,840
2020 $5,519 $70,860 $14,460 $56,400
2019 $10,118 $70,860 $14,460 $56,400
2018 $9,847 $49,766 $9,489 $40,277
2017 $9,338 $47,277 $9,933 $37,344
2016 $8,816 $45,648 $8,535 $37,113
2015 $5,160 $43,959 $11,900 $32,059
2014 $5,160 $41,472 $13,472 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Charles Olson

    Seller's Agent in 2019

    Charles Olson

    Keller Williams Realty Empire

    (917) 836-1050

    2 in this area

    168 Total Sales

    Charles Olson
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Map

Source: OneKey® MLS

MLS Number: L3099640

OneKey® MLS

APN: 06357-0055

New York Kings County Brooklyn 11228 Bath Beach

50 Bay 7th St, Brooklyn, NY

This home is located at 50 Bay 7th St, Brooklyn, NY 11228 since 08 February 2019 and is currently estimated at $1,555,608, approximately $525 per square foot. This property was built in 1930. 50 Bay 7th St is a home located in Kings County with nearby schools including P.S. 229 Dyker and St Bernadette School.

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